Australian Kangaroo Coins
The Australian Kangaroo is a series of coins produced annually by the
Perth Mint of Australia. Although the coin is now released each year with
a different design of kangaroo (on the reverse) this was originally not the case.
From 1986 to 1989, the coin was produced under the name “Australian Gold Nugget”
after a 2,284 oz. nugget found in Western Australia. The nugget, nick-named the
“Welcome Stranger,” was the largest gold nugget ever to be found. In 1990 however,
the design on the reverse of the Gold Nugget was changed to a Kangaroo after a trial
run of proof Gold Nuggets the year before proved to be overwhelmingly popular. The
coins are now produced in several weights ranging from 1/20 oz. to 1 kg.
Facts About the Australian Kangaroo Coin:
- From 1986-1989, when the Australian Kangaroo coin was known as the Gold Nugget,
it was produced by a private company owned entirely by the government of Western
Australia called the “Gold Corporation.”
- Until 2008, the reverse of the Australian Kangaroo coin carried the inscription
“Nugget” – a remnant of the previous design of the coin.
- The Gold Nugget version of the Australian Kangaroo Coin was minted with a “two-tone”
frosted finish.
Kangaroo Coins
Why Buy the Australian Kangaroo?
The combination of the Australian Kangaroo’s rich history and its quality of design
make it an exceptional selection for investor and numismatist alike. The exquisite
aesthetic design coupled with the Australian Kangaroo’s unique history makes it
a “must-have” for any collector. The reputation of the Perth Mint and the .9999
pure gold content of the coin are appealing, especially to the gold investor.
Invest in Precious Metals
Recent global political and economic events have proved just how volatile modern
investment instruments can be. Wise investors are turning to assets which are traditionally
thought to be safer in order to hedge against a decline in real wealth. This has
been manifested recently in a marked increase in global precious metals spot prices.
Call Gainesville Coins today at 813.482.9300 and let one of our experienced representatives
help you in making your decision to invest in precious metals.