The Australian Gold Nugget is a type of gold coin produced by the Perth Mint in Australia. First minted in 1986, these coins are made from 99.99% pure gold and are available in various sizes, ranging from 1/20 ounce to 1 kilogram. Each coin features unique designs that often showcase Australia's rich wildlife and natural beauty. These coins are popular among collectors and investors due to their high gold content and distinctive designs. The Australian Gold Nugget is also known for its legal tender status, meaning it can be used as currency in Australia, although its value is primarily based on the gold market.