Australia is known for its iconic wildlife animal, the kangaroo. Kangaroos are known for their large feet, bouncing on their hind legs, and their forward-opening patch. With the 1 oz Australian Gold Kangaroo, coin collectors have a need to add this to their collection. Read on to learn more about the history of the gold kangaroo and its features.
History of the Australian Gold Kangaroo
The Gold Kangaroo is produced in the Perth Mint, located in Western Australia. It is the official bullion of the Perth Mint. Introduced in 1986, the design changes each year with different portraits of the iconic kangaroo. As a result, The Gold Kangaroo Nugget, as it is called today, was launched in 1987 by the gold corporation, owned by the government of Western Australia. Due to this, starting in 1990, the coins have yearly variations of the Kangaroo image.
Design of the Australian Gold Kangaroo
So, this coin is known for its two features- the frosted design effect and the hard plastic encapsulation. As a result, the coin is made of .9999 fine gold bullion, the coin features the kangaroo with the year, date and gold purity. Because of this, the obverse side portrays Queen Elizabeth II along with the monetary value of the coin.
Different sizes of the AGK
So, there are numerous sizes of this coin. Described below is each size and what they possess as well as the face value of each size. As a result, each size is minted differently possessing different face values.
- 1 oz- Possesses 1 ounce of .9999 pure gold with a face value of $100 Australian.
- ½ oz- Possesses .50 ounces of .9999 pure gold with a face value of A$50.
- 1/4 oz- Possesses .25 ounces of .9999 pure gold with a face value of A$25.
- 1/10 oz- Possesses .10 ounce of .9999 pure gold with a face value of A$10.
- 1/20 oz – Possesses .05 ounce of .9999 pure gold with a face value of A$5.