Description
- Pre-owned coins dated 2022, in uncirculated condition
- Price displayed includes insured UK delivery
- Each Gold Kangaroo contains 3.11 grams of fine 9999 gold.
- Gold Kangaroo coins are produced by The Perth Mint
- Legal tender in Australia with a face value of $15 AUD.
Kangaroo Coin Background
The Australian Kangaroo (Australian Gold Nugget) is a gold bullion coin minted by the Perth Mint. The coins are available through Bleyer in denominations of 1/10oz, 1/4oz, 1/2oz, 1oz of 24 carat gold. The nugget has legal tender status in Australia and is one of few legal tender bullion gold coins to change their design every year, another being the Chinese National coin. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of gold used.
The Gold Nugget Coin series was introduced in 1986 by Gold Corporation, a company wholly owned by the government of Western Australia, more commonly known by its trading name The Perth Mint. This issue of coins have two unique features: a “two-tone” frosted design effect, and individual hard plastic encapsulation of each coin. These features are unusual for a standard bullion coin and give the Nugget a unique market niche.
Kangaroo Coin Design
From 1986 to 1989, the reverse of these coins pictured various Australian gold nuggets. With the 1989 proof edition, the design was changed to feature different kangaroos, a more world-recognised symbol of Australia. The coins are today more commonly referred to as “Gold Kangaroo Coins“. On the obverse face there of each coin is a portrait of Queen Elizabeth II.
The Perth Mint Background
The Perth Mint opened in 1899 in response to the discovery of rich gold deposits in Coolgardie and Kalgoorlie. The heritage building was situated in the heart of Perth, the capital and largest city of Western Australia. It was Australia’s third branch of Britain’s Royal Mint – the others being the Sydney Mint and the Melbourne Mint (both closed). In 1970, the authority for The Perth Mint was transferred to the State of Western Australia. The Perth Mint gold and silver bullion coins have been issued as legal tender under the authority of the Australian Federal Government ever since.
Bleyer is the leading online bullion dealer for gold, silver, platinum, palladium and rhodium bars & coins. Based in the South West, Bleyer Bullion covers the whole of the UK by phone and online with their friendly, expert consultancy for bullion sales and storage options. Bleyer welcomes UK customers looking for a more personal, comprehensive and competitive physical precious metal dealer.
Give our friendly team a call today on 01769 618618 to find the investment solution most suited to your needs. Live Chat is also available during office hours, or you can get in touch with us here.
