Important Facts You’ll Want to Know About Australian Kangaroo Coin

by Brisbane Bullion Manager

The Australian Kangaroo Gold Coin is a certainly a wonderful twenty-four karat gold coin. It was launched from the Aussie government owned and operated the company, The Gold Corporation in 1986. Struck by the Perth Mint which is based in Western Australia, it was contained of .9999 fine gold bullion like other gold coins on the market. Along with that, several ones of a kind attributes immediately set it apart from the rest of the pack:

It featured a unique two-tone frosted design.
Each coin was independently embodied in a circular, hard plastic case.

This is truly uncommon for any standard price gold bullion coin. Both of these unbelievable attributes quickly placed the Australian Kangaroo Coin as being an outstanding value!

Important Facts

From 1986 through 1988, the rear of the coin had an image of an eminent gold nugget - the Welcome Stranger nugget. This 2,284 oz nugget, found in Western Australia in 1869, was the biggest gold nugget ever discovered.

I speculate gold nuggets are not familiar to anybody who doesn't live in Australia (appears to be a lump of dirt as I would see it!), considering that, this specific reverse picture ended up being replaced in 1989. From this date forward, the reverse picture has featured an image of a different kangaroo, an Aussie icon which is more recognizable! Besides, using the Kangaroo as a portrait sounds more relevant because the actual name of the coin is the Australian Gold Kangaroo.

Despite the fact that a gold nugget is not displayed anymore on the coin, the term "NUGGET" was all the while being placed on the front side of the coin until 2008. Besides, the coins were in reality still referred to as Kangaroo Nuggets until of late. I accept what genuinely makes this specific coin well worth buying, over other mainstream gold bullion coins, like, Canadian gold Maple Leafs, American gold Eagles, or South African gold Krugerrands is without question the uniqueness element.

Apart from the Chinese gold Panda coin, the Australian Kangaroo Coin is the lone additional bullion coin where the design changes every year. On the other basic gold bullion coins, only the date changes instead of the design.

Conclusion

The unique attributes of the Australian Gold Kangaroo coin has made it the favorite of bullion investors and collectors alike.