Australian Gold Kangaroo Coin
Introduced in 1986, the Australian Gold Kangaroo Coin, also known as the Australian Nugget Coin, is regarded as a benchmark for the craftsmanship of bullion coins.
About Australian Gold Kangaroo Coin
Crafted from .9999 pure gold, the Australian Gold Kangaroo Coins showcase exquisite craftsmanship and a timeless tribute to the country’s iconic kangaroo. The meticulous attention to detail and annual design changes have made these coins some of the most sought-after gold coins worldwide. Available in five weight denominations—1oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz—their face values are always less than their intrinsic worth. Additionally, the Perth Mint occasionally produces larger coins, including 2oz, 10oz, and 1kg options, further enhancing their stunning collection.
Design & Features
The Perth Mint is renowned globally for its high-quality precious metal bullion, coins, and bars. The Australian Gold Kangaroo Coins are produced in limited quantities each year, enhancing their market value. These coins are distinguished by two unique features: a ‘two-tone’ frosted design and individual shrink-wrapping in hard plastic capsules. The frosted design adds a sense of depth to the artwork. These exceptional features, rare for standard coins, underscore the superior value of the Australian Gold Kangaroo Coins compared to other gold coins.
Inscriptions on the Obverse & Reverse
The obverse of the Australian Gold Kangaroo Coin features the profile of Queen Elizabeth II of Britain, adorned with her crown and royal jewelry. Along the edge, her name, the coin’s face value, and ‘Australia’ are inscribed. The reverse showcases an annually changing design of a kangaroo, typically set in its natural habitat, The Outback. Past designs have included a mother kangaroo with her joey and a pair of boxing kangaroos. Above and below the kangaroo image, ‘Australian Kangaroo,’ the mint year, the coin’s weight, and its purity are inscribed. However, the 2oz, 10oz, and 1kg denominations are exceptions to the annual design change, consistently featuring a red kangaroo engraved by Ian Rank-Broadley.
COIN WEIGHTS
- 1 oz
- 1/2 oz
- 1/4 oz
- 1/10 oz
- 1/20 oz
Australian Gold Kangaroo Coin Specifications
The obverse of the Australian Gold Kangaroo Coin features the profile of Queen Elizabeth II of Britain, adorned with her crown and royal jewelry. Along the edge, her name, the coin’s face value, and ‘Australia’ are inscribed. The reverse showcases an annually changing design of a kangaroo, typically set in its natural habitat, The Outback. Past designs have included a mother kangaroo with her joey and a pair of boxing kangaroos. Above and below the kangaroo image, ‘Australian Kangaroo,’ the mint year, the coin’s weight, and its purity are inscribed. However, the 2oz, 10oz, and 1kg denominations are exceptions to the annual design change, consistently featuring a red kangaroo engraved by Ian Rank-Broadley.
Frequently Asked Questions (FAQs)
If you’re still uncertain whether the Australian Gold Kangaroo Coin is a good investment for you, we’ve compiled answers to some of the most frequently asked questions from our customers. Feel free to call us if you have any additional inquiries. Our team is ready to assist you.
The 1oz Australian Gold Kangaroo Coin is by far the most popular investment option. As of now, the spot price of gold is $1,771, with the buying/asking price for a 1oz Australian Gold Kangaroo Coin being approximately $1,859.
When the Australian Gold Kangaroo coin series commenced in 1986, it didn’t initially depict a kangaroo. Instead, its original design featured a simple gold nugget image, reminiscent of a meteorite. However, due to its lack of visual appeal, public interest remained low. After three years, The Perth Mint opted to alter the coin’s design, showcasing one of Australia’s iconic animals—the kangaroo. Despite this change, the series’ original association with gold nuggets occasionally leads to the coin being referred to as the Australian Gold Nugget Coin.
With the transition to fiat currency in the US, banks gradually phased out their gold buying and selling services. The shift to fiat currency not only diminished banks’ interest in physical gold but also the fluctuating value of gold and the rise in counterfeit coins deterred banks from engaging in gold coin transactions for cash. However, numerous reputable and certified gold buyers are available to purchase Australian Gold Kangaroo coins based on their market value if you wish to sell. Alternatively, acquiring them through Noble Gold Investments enables you to seamlessly incorporate them into a government-backed IRA for long-term growth.