Metal Content: 1 troy oz
Thickness: 2.95 mm
Diameter: 32.6 mm
The Australian Gold Kangaroo is an extraordinary gold bullion coin with a captivating history and a design that pays tribute to Australia's unique wildlife. First minted in 1986 by the Perth Mint, the Gold Kangaroo was initially launched as the Australian Gold Nugget, featuring images of famous gold nuggets discovered in Australia. In 1989, the Perth Mint decided to change the design to showcase one of Australia's most iconic animals, the kangaroo, and the coin was renamed the Australian Gold Kangaroo.
The design of the Australian Gold Kangaroo is a celebration of Australia's distinctive fauna and natural beauty. The obverse of the coin features a portrait of Queen Elizabeth II, as the reigning monarch and the constitutional head of Australia. The reverse presents a detailed image of a kangaroo, which changes annually, making each year's coin a unique collectible.
The Australian Gold Kangaroo is unique for several reasons:
Purity: The Australian Gold Kangaroo is minted in 24-karat gold (99.99% pure), making it an attractive option for investors and collectors seeking high-purity gold coins.
Design: The Gold Kangaroo features a captivating design that pays tribute to Australia's wildlife. The annual design change makes each year's coin a unique piece of art, appealing to collectors who appreciate the coin's aesthetic and historical significance.
Sizes: The Australian Gold Kangaroo is available in a range of sizes, including 1 kg, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz, each carrying a face value in Australian dollars. This variety of sizes offers investors and collectors flexibility in terms of budget and investment strategy.
Legal Tender: The Australian Gold Kangaroo is considered legal tender in Australia, backed by the Australian government.
Mintage: The Perth Mint typically produces a limited number of Gold Kangaroo coins each year, adding an element of scarcity to their allure. This limited mintage can increase the coin's value and desirability among collectors and investors.