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Description
Australian Kangaroo – 1 oz of pure Australian gold
The Australian Kangaroo 1 oz Gold Coin is one of the world’s established sovereign investment gold coins. Produced by The Perth Mint, each coin contains one troy ounce of 999.9 fine, 24-karat gold and is issued as legal tender in Australia.
With a fine gold content of one troy ounce and a nominal value of 100 Australian dollars, the Australian Kangaroo is designed primarily as an investment bullion product. Its market value is therefore determined principally by the international price of gold together with the applicable bullion premium, rather than its face value.
From the Australian Nugget to the Kangaroo
The origins of the series date back to the 1980s. Australia’s bullion coin programme initially appeared as the Australian Nugget, with designs depicting famous Australian gold nuggets.
In 1989, The Perth Mint replaced the nugget imagery with one of the country’s most universally recognised symbols – the kangaroo. The change established the identity that the series retains today.
Unlike many classic bullion coins whose principal design remains unchanged, the smaller Australian Kangaroo gold coins are known for featuring new interpretations of the kangaroo over successive annual issues. This gives the coin a distinctive visual identity while retaining its primary role as physical investment gold.
Produced by The Perth Mint
Established in 1899, The Perth Mint is one of the world’s best-known precious-metals mints and a major producer of investment gold, silver and platinum products.
The Australian Kangaroo forms part of Australia's official precious-metals bullion coin programme and is issued as Australian legal tender.
Modern issues also incorporate a micro-laser engraved authentication feature, visible under magnification and designed to make counterfeiting significantly more difficult.
Why buy the Australian Kangaroo?
The Australian Kangaroo combines one troy ounce of physical gold, 999.9 purity, sovereign-mint provenance and international recognition in a single investment product.
Its annually changing kangaroo imagery also gives the series an additional design and collectability element without changing its fundamental purpose as investment bullion.
For investors building a diversified physical-gold portfolio, the Kangaroo provides an Australian counterpart to globally recognised coins such as the American Buffalo, Canadian Maple Leaf, British Britannia and Austrian Philharmonic.
Specifications
Manufacturer: The Perth Mint
Country: Australia
Metal: Gold (Au)
Purity: 999.9 / 1000
Gold content: 1 troy oz
Fine gold weight: 31.103 g
Minimum gross weight: 31.107 g
Diameter: up to 32.60 mm
Thickness: up to 2.95 mm
Face value: AUD 100
Legal tender: Yes – Australia
Finish: Bullion
Product type: Investment / bullion coin
Series introduced: Australian Nugget programme 1986; kangaroo design introduced 1989
The year and reverse design of the coin supplied may vary depending on current stock unless a specific year is stated in the product offer.