1oz Australian Kangaroo Gold Coin 2023

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the exceptional 1oz Australian Kangaroo Gold Bullion Coin, a masterpiece that encapsulates the essence of Australia’s rich gold heritage. Struck for the first time in 1989 by the renowned Perth Mint, this coin holds a special place in the world of physical gold coins. Notably, it was the pioneering gold bullion coin to pay homage to one of the world’s most unique creatures—the Australian kangaroo. Crafted from 99.99% pure gold, the Australian Kangaroo Gold Bullion Coin represents the pinnacle of purity and quality in the bullion coin market.

Replacing the Australian Nugget gold coins that had been in production since 1986, the Kangaroo Gold Bullion Coin offers a seamless blend of elegance and intrinsic value. It’s exquisite design and flawless finish make it an excellent choice for both discerning collectors and astute private individuals.

Recognised as legal tender in Australia, this coin carries a denomination of 100 Australian dollars, endowing it with a dual identity – both as a collectible and as a form of currency. One of its most attractive features for investors is the ability to acquire it at a low premium over the prevailing spot price of gold, a cost-effective approach to acquiring a piece of Australia’s gold legacy.

The gold nugget and the Kangaroo – absolutely Australian.

Numerous names are today used to describe the Australian Gold Kangaroo coin:

  • Australian Nugget
  • Australian Kangaroo
  • Australian Gold Nugget
  • Australian Gold Kangaroo

The multiple names are caused by the coin’s central motif displaying a gold nugget from 1986 to 1989, hence the original name of the bullion. The depicted gold nugget meant to be a symbol of Australia’s history of having produced some of the largest alluvial gold nuggets in the world, one of them being “The Welcome Stranger”, with a refined weight of a remarkable 2,315 troy ounces, or 72 kilos. Although a gold nugget was pictured on the Australian Nugget gold coin for several years, in 1989, the kangaroo motif replaced the nugget being a more widely recognised symbol of Australia. In addition to changing the motif, the name of the coin was likewise changed from Australian Nugget to Australian Kangaroo; all the other specifications of the coin stayed essentially the same. Since the Kangaroo is endemic to Australia, it made the association of the gold coin that much more apparent. Besides being depicted on the Australian Kangaroo gold coin, the Kangaroo appears as an emblem on Australia’s coats of arms. Thus, the Kangaroo is deemed to be the unofficial symbol of Australia.

 

Description

  • Manufacturer: The Perth Mint, Australia
  • Product Weight: 31.10659 grams
  • Pure Gold content: 31.10348 grams
  • Fineness: 999.9
  • Dimensions: 32.1 mm Diameter
  • VAT free

Additional information

Weight 1 oz

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