Australian Gold Kangaroo

The Australian Gold Kangaroo is a gold bullion coin minted by the Perth Mint

Australian Gold Kangaroo

Australian Gold Kangaroo - Gold Coins - Gold Price

The Australian Gold Nugget, sometimes also called Gold Kangaroo, is a gold bullion coin minted by the Perth Mint. This is a pure gold coin in protective wrappers to protect the delicate gold surfaces. In additional, it has a "two-tone" frosted design effect, and changes the design of kangaroo yearly; all of those heighten its appeal as a collectors' item.

Australian Gold Kangaroo

Australian Gold Kangaroo PositiveAustralian Gold Kangaroo PositiveAustralian Gold Kangaroo Reverse
Australian
Australian Gold Kangaroo
99.99% Au
24K
1986–present
A$3000, A$1000, A$200, A$100, A$50, A$25, A$15, and A$5.
1 kg, 10 oz, 2 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20
74.50 mm, 59.70 mm, 40.40 mm, 32.10 mm, 25.10mm, 20.10 mm, 16.10mm, 14.10 mm.
Reeded
  • Description
  • Advantage

History of Australian Gold Kangaroo

The Australian Gold Kangaroo was first introduced in 1986 minted by the Perth Mint. From 1986 to 1989, the reverse of these coins were featured with various Australian gold nuggets, until 1989, the reverse design was changed to feature different kangaroos - a prized symbol of Australia. In 1991, 1 kilogram, 10 oz and 2 oz sizes were introduced. In October 2011, 1 tonne gold kangaroo coin was created by the Perth Mint, which is about 800 mm in diameter and 120 mm in thick, with the face value of A$1 million. In fact, the market worth was over A$53 million at that time.

Design of Australian Gold Kangaroo

The obverse of the Australian Gold Kangaroo is a head shot of Queen Elizabeth II of England who influenced importantly on Australia's history and modern state. The head portrait is encircled by the words of "Queen Elizabeth II", the coin's denomination and "AUSTRALIA". This design of which traditionally remains the same from year to year.

From 1986 to 1989, the reverse of the coin was depicted various Australian gold nuggets. Following the 1989 proof edition, the design was changed to depict different Kangaroos that is one of the Australian prized symbols. The design of kangaroos is changed each year. Since the design of reverse, the coins are also referred to as "gold kangaroos".

Face Value & Market Value

There are five sizes of Australian Gold Kangaroo coins: 1 kg, 10 oz, 2 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz, and their corresponding face value are A$3000, A$1000, A$200, A$100, A$50, A$25, A$15, and A$5. Those face values are legal; however, the face value of gold kangaroo is not equal to the market value. In fact, each Australian Gold Kangaroo coin's price is according to the gold spot price of current market plus a premium per coin.

Size Specification

Provided in 1 t, 1 kg, 10 oz, 2 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz denominations, those coins are 24 karat (containing 99.99% gold). The Australian government guarantees the weight, purity and legal tender value of each gold kangaroo. The Australian Gold Kangaroo provides you various sizes for different selection. Below lists detailed information of nine sizes specification:

ROUNDFACE VALUEDIAMETERTHICKNESSGOLD CONTENTTOTAL WEIGHTGOLD FINENESS
1/20 ozA$514.10 mm1.40mm0.0500 oz0.0500 oz999.9
1/10 ozA$1516.10mm1.30mm0.1000 oz0.1000 oz999.9
1/4 ozA$2520.10 mm1.80mm0.2500 oz0.2500 oz999.9
1/2 ozA$5025.10mm2.20 mm0.5001 oz0.5001 oz999.9
1 ozA$10032.10 mm2.65mm1.0001 oz1.0001 oz999.9
2 ozA$20040.40 mm3.35 mm2.0000 oz2.0000 oz999.9
10 ozA$100059.70 mm7.65 mm10.000 oz10.000 oz999.9
1 kgA$300074.50 mm15.80 mm32.154 oz32.154 oz999.9
1 tA$1000,000800 mm120 mm35700 oz35700 oz999.9