Product Details

Coin Highlights:

• Contains 1 oz of .9999 fine Gold.
• Mintage cap of 350,000 coins.
• Comes packaged in individual plastic capsule.
• Obverse: Portrays the Ian Rank-Broadley likeness of Queen Elizabeth II, as well as the coin’s monetary denomination and date.
• Reverse: Features a mother kangaroo with a joey in her pouch with a representation of the Southern Cross constellation and the seven-pointed Commonwealth Star in the background, design by Dr. Stuart Devlin. Along with the inscription “Australian Kangaroo”, the “P” mintmark, purity and weight.
• Sovereign coin backed by the Australian government

The Australian Gold Nugget also called a Kangaroo, is the traditional gold bullion coin minted by the Perth Mint. Each coin contains one troy ounce of gold.

The Gold Nugget series was introduced in 1986. This issue of coins had two unique features: a "two-tone" frosted design effect, and individual hard plastic encapsulation of each coin. These features were unusual for a standard bullion coin and gave the Nugget a unique market niche.

They have legal tender in Australia and are one of the few legal tender bullion gold coins to change their design every year.

Their limited annual mintage may raise their numismatic value over the value of gold used. In each year of issue, the 1 oz Australian Kangaroo 99.99% pure gold bullion coin is subject to a maximum mintage restriction of 350,000.

Pricing Details:

Points computation: 1 coin = 10.00 points