Known as the Australian Gold Nugget, the Gold Kangaroo was introduced by Western Australia’s world renowned Perth Mint in 1987.
Celebrating the history and natural wonders of the Land Down Under, the Australian Gold Kangaroo makes a beautiful addition to any portfolio — and a smart way to protect your hard-earned wealth.
Continue reading for some quick facts, investment insight and a brief history of the Australian Gold Kangaroo.
Australian Gold Kangaroo Quick Facts and Brief History
|Mintage||Annually since 1987 by the Commonwealth of Australia|
|Weights / Denominations||1 troy ounce Australian Gold Kangaroo ($100 face value), 1/2 troy ounce ($50), 1/4 troy ounce ($25), 1/10 troy ounce ($15)|
|Front Design||Illustrated on the obverse of the Australian Gold Kangaroo is the striking profile of Queen Elizabeth II of Britain wearing the sovereign crown along with her royal jewelry. The queen's name, the coin's face value and AUSTRALIA are also written along the edge.|
|Rear Design||The reverse features the most beloved and recognizable creature from Down Under, the kangaroo. Inscribed along the edge of the coin is the coin's weight, mint year and purity (.9999 pure gold). Mintages prior to 1989 feature an Australian gold nugget instead of the kangaroo.|
|Brief History||Issued by the Perth Mint — Australia's oldest operating mint — the Kangaroo featured a gold nugget on its reverse until 1989, when it was changed to showcase the kangaroo. The Perth Mint was opened in 1899 as a branch of London's Royal Mint, and it quickly became a key player in Western Australia's booming gold industry.|
|Why Buy?||In order to secure a greater market share in the competitive world gold bullion market, the Perth Mint recently discounted their premiums substantially. Also, as one of a select few gold coins to showcase a new design every year, along with limited annual mintages, the Australian Kangaroo's numismatic value is higher than the value of gold used. This makes the coin one of the smartest buys for investors and collectors alike.|
|Gold Bullion Content||99.99% pure gold|
|Other Specifications|| |
1 troy oz Australian Gold Kangaroo coin
1/2 troy oz Australian Gold Kangaroo coin
1/4 troy oz Australian Gold Kangaroo coin
1/10 troy oz Australian Gold Kangaroo coin
From the Great Barrier Reef to the vast expanse of the Outback, Australia abounds with natural wonders found nowhere else on Earth.