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Kangaroo 1 troy ounce gold coin - various years

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Kangaroo 1 troy ounce gold coin - various years

The Australian Kangaroo, like most modern gold coins, is minted in 999.9 fine gold (24-carats). The Kangaroo contains one ounce (1000 grams) of pure gold, has a diameter of 32.1 mm, a thickness of 2.8 mm and bears a face value of 100 Australian Dollars. The year in which the coin was minted may vary.

The 1 troy ounce Kangaroo coins are Australian investment coins of 31,103 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.

Naming of Australian Kangaroo / Nugget

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".

Images of the 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.

Do you want toSelling Gold Coins in the long run? Holland Gold offers a buyback guarantee on all gold coins you buy from us. Didn't you buy the gold coins from us? We also buy these gold coins. 

Specifications
Fine weight1 Troy Ounce (31.1 Gram)
DimensionsØ 32.1 mm x 2.65 mm
Purity / Content999.9/1000 - 24 Carats
Year of issueVarious dates
ConditionPreviously circulated
Country of OriginAustralia
Mint HouseThe Perth Mint
PackagingLidded coin capsule
Safety featuresYes
Legal tenderYes
Face value100 Australian dollars
Tax (VAT)Exempt from VAT
Insured shipment possibleYes, at a location of your choice
Pick-up availableYes, in Alkmaar or Rotterdam
Storage possibleYes, in the Netherlands
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Why buy gold at Holland Gold?

Gold offers protection in times of inflation
Gold offers protection in times of inflation
In the long term, gold retains its value, while currencies lose a lot of purchasing power. An example of the value retention of gold is that 2,000 years ago you could buy a tailor-made suit for one gold coin and that is still the case today.
Gold is an insurance against a systemic risk
Gold is an insurance against a systemic risk
The gold reserves at central banks act as the backing of a money system. According to DNB, gold is an 'anchor of trust': "If the entire financial system collapses, the gold supply provides collateral to start over."
Gold is a mainstay in the investment portfolio
Gold is a mainstay in the investment portfolio
Gold strengthens the portfolio through its long-term returns and diversification. Its traditional role as a safe haven means that gold is an asset in times of crisis, moving in the opposite direction to the rest of the portfolio.
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