The Australian Gold Kangaroo is the commonly-used name for coins of the Australian Gold Nugget series that originated some 30 years ago at Gold Corporation, wholly owned by the Government of Western Australia, and known by its trading name, the Perth Mint. Early mintages portrayed images of gold nuggets but that switched to the nation’s iconic red kangaroo. Australia’s status as an international leader in gold production has been matched by its excellence in refining, mastery of traditional and cutting edge minting techniques, and marketing expertise. Coin and bullion investors around the world prioritize these coins upon their release each year, placing high value on their metal and design quality, limited mintages, and trusted provenance.
This classic coin won special status in the world from its first release (as the Gold Nugget) with its unique two-tone shiny and frosted design on pure 24 karat gold. The effect is striking, as you can see in the Photos section. Also noteworthy is Perth Mint’s decision to issue the coin in a different design each year, sometimes depicting two kangaroos (mother and baby, a grappling pair) and always representing the distinctive natural beauty of the Land Down Under, such as with a radiating sun, glowing full moon, or stars that recall the Australian flag.
Obverse: Crowned head of Queen Elizabeth II in profile, below which is inscribed IRB (initials of effigy designer Ian Rank-Broadley); ringed by ELIZABETH II top left; AUSTRALIA top right; 100 DOLLARS below
Reverse: Kangaroo bounding from left to right on background of outback foliage with P (for Perth) mint mark above curve of tail; ringed by AUSTRALIAN KANGAROO at top; 2017 1 oz 9999 GOLD at bottom
Weight: 1 Ounce
Fine weight: 1 ounce (31.1035gr)
Minted since 1987
Legal Tender Value: 100 Australian dollars (AUD)
There are four denominations available for Eagles: 50 $, 25 $, 10 $ and 5 $. These face values correspond to the amount of gold in each coin: the 1/10oz coin has a face value of 5 $, the 1/4oz coin 10 $, the 1/2oz coin 25 $, and the 1oz coin 50 $. However, these dollar amounts are purely symbolic and, consequently, do not reflect the true value of the coins, which are more expensive to buy or to sell.
The prices from different broker