Nugget Kangaroo coin is the first Australian bullion gold coin.
coin has been produced by the Perth Mint since 1986.
Nugget Kangaroo coin is official currency.
Nugget Kangaroo coins are curant coins, as their face value is fully
covered by the precious metal they contain.
Introduction Australian Kangaroo
(Nugget) Gold Coin
Kangaroo gold coin, also known as the Nugget, is produced by the
Perth Mint in Australia. The name comes from the motif depicted,
while today a kangaroo is depicted on the coin, for the first four
years after its introduction it was a gold nugget. Even though it is
now a kangaroo every year, a different kangaroo is depicted each
year. Due to the annually changing depiction on the reverse and the
limited edition, collector prices are possible, which are higher than
for other bullion coins.
History of the Nugget Kangaroo
Australia, gold is mined along with various other mineral resources.
Thus, the issuance of a bullion coin of its own was a logical step.
In 1986 the coin was issued for the first time, at that time still
with a nugget on the reverse. Since the beginning, the coin has
appeared in the sizes 1/10, ¼ , ½ and 1 ounce. Later, various other
sizes were added.
Appearance of the Nugget Kangaroo
obverse shows the head of state of Australia. This was Queen
Elizabeth II from the first coin until 2022, with the 2023 coin also
showing the popular monarch.
first four years, the reverse was adorned with images of various gold
nuggets; from 1990, the national symbol of Australia, the kangaroo,
appears on it. The depiction of the kangaroo changes every year.
coin is measured in the imperial unit of measurement, the ounce.
Producer of the Nugget Kangaroo coin
the Perth Mint
Perth Mint is the oldest mint in Australia. Founded as a subsidiary
of the British Royal Mint, it is today one of the two mints of the
state of Australia. In the beginning, its task was to produce
circulating Sovereign coins from gold mined in Australia. Today, the
Perth Mint still refines and processes gold from Australia to the
highest quality. The Perth Mint is one of the few LBMA-certified
smelters in the world. Thus, not only the Kangaroo coins produced by
it can be found on the European market, but also gold bars with the
swan in the Perth Mint logo. Besides the Nugget Kangaroo coin, the
Perth Mint produces other internationally important precious metal
coins such as the Kookaburra, the Koala and the Lunar Series coins.
The 2 ounce Kangaroo coin
ounce Kangaroo gold coin was produced from 1991 to 2009. Further data
such as weight and fineness can be found in the table below.
Buy and sell 2 ounces Nugget
Switzerland, Nugget Kangaroo coins are easy to sell because of their
popularity and high fineness. The annually changing motifs also make
them very interesting for collectors. You can buy and sell Nugget
Kangaroo coins on PreMeSec.ch.