The Australian Kangaroo, like most modern gold coins, is minted in 999.9 fine gold (24-carats). The Kangaroo contains a 1/2 ounce (15.55 grams) of pure gold and has a thickness of 12.2 mm and bears a face value of 50 Australian Dollars. Each coin comes in a hard plastic capsule, which provides excellent protection against scratches or damage.
The 1/2 troy ounce Kangaroo coins are Australian investment coins of 15.55 grams and 999.9 fine gold. Initially, the gold coin was introduced to the market in 1987 as Gold Nugget. At the time, the reverse of the coin featured an image of the largest gold nugget ever found, the 2,284-oz Welcome Stranger Nugget, which was found in Western Australia in 1869.
However, in 1990 the statue was replaced by Welcome Stranger Kangaroo statues, which are changed annually by The Perth Mint. Nevertheless, the word "Nugget" was stamped on the obverse of the coin until 2008, making "Kangaroo-Nuggets" a common nickname for this investment coin. Now the gold coin is best known by the name "Australian Kangaroo".
Because the image of the Kangaroo changes annually, this Australian gold troy ounce investment coin is one of a kind. Other investment coins, such as the American Gold Eagle or South African Krugerrand, do not have this exceptional feature. The obverse of the Australian Kangaroo features an image of Queen Elizabeth II, like most Australian gold coins.
The Royal Australian Mint is located in Deakin, which is located about 500 kilometers from Melbourne, Australia's largest city
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Year of issue | Various dates |