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Australian $200 Gold Coins (1980~1993) 0.2947 ozt AGW

Australian $200 Gold Coins (1980~1993) 0.2947 ozt AGW

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Product ID:
P-27354

Each coin contains 10 grams of solid 22 carat gold.

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Description:

Australian $200 Gold Coins - Random / Miscellaneous Dates Between 1980 and 1993

Each of the coins has the following specifications:

Weight: 10 grams

Purity: 91.67%

Gold Value: 0.2947 ozt AGW

Diameter: 24mm


Convenient size, high purity and a healthy face value to boot.

The Australian commemorative $200 gold coin series was introduced in September 1980, some eight months after the gold price peaked at around US$850 per ounce.

The series ran until 1994, mintage figures declined each and every year along the way.

Now that it has been some time since the series ended and values have reached the level that collectors are prepared to pay, there are numerous collectors working on a complete set.

Each coin in the series weighed 10 grams of solid 22 carat (91.67%) gold, and with a diameter of 24mm, they were a hefty collectible that felt like excellent value to the collecting public at that time.

Although these coins remain popular with today’s collector (to a degree), when the packaging is damaged, they can trade for a very modest premium over their collector value.

The coins we offer like this will be whatever random Uncirculated and or proof coins we have available - we make no commitment that you will receive any particular dates or coin types, but guarantee that each coin will weigh 10 grams of solid 22 carat gold.

Although these coins are not the most rare numismatic collectible struck in this country, they are without doubt an excellent form of physical gold. Each coin has a uniform weight and purity, and has a very high face value relative to other gold bullion coins within the same weight range that are available.

Demand for gold sovereigns is always quite strong, and in some ways the characteristics of the $200 coins are more appealing - they remain legal tender, and have a high face value relative to their metal value.

That high face value gives some gold buyers confidence that they’re covered should gold ever drop significantly in value - an unlikely event to be sure, but possible nonetheless.

For ease of shipping, we will remove the coins from their boxes and paper packaging, but will keep them in their plastic sleeves or capsules - if you’d like to toss that out when you get them, by all means you’re welcome to do so!

Regarding price - we’re looking to set our ask price at roughly $25 over the spot / melt value that each individual coin has.