Gold Australia Kangaroo 1 oz (Random Year)
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Information about Gold Kangaroo 1 oz
The Australian Nugget (Gold Kangaroo) is an Australian gold coin which was first minted at Perth Mint in 1986 and, thanks to the annual changing motif on the front, enjoys great popularity worldwide. The coin has a fineness of 999,9 and is recognized legal tender.
Since 1987, the Australian Nugget has been minted in units of 1/20 ounce, 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce. The value is between 5 and 100 Australian Dollar. Meanwhile, larger units of 2 ounces, 10 ounces and 1 kilogram are available. In 2010, a 2 Dollar version of this coin with a weight of 0.5 grams was minted. In 2011, the Perth Mint even produced coin units of 1 ton — this means the Gold Kangaroo is both the smallest and largest bullion coin in the world.
The design of the gold coin
Prior to 1989, the front of the coin showcased unique gold nuggets discovered in Australia, giving it its distinctive name. However, starting in 1990, the gold coin began featuring yearly varying designs depicting kangaroos, leading to its official name change to "Australian Kangaroo." Larger denominations of the Gold Kangaroo, such as the 2-ounce, 10-ounce, and 1-kilogram versions, consistently display the "Red Kangaroo" motif each year. Meanwhile, the reverse side, like all Commonwealth coins, bears the portrait of Queen Elizabeth II.