Gold coins are produced and released yearly from the official Australian Perth Mint. They can either be the in one ounce, half-ounce, quarter of an ounce or even in one kilo depending on the availability in the mint. The most famous Australian gold coin is the Australian Kangaroo which is made from 24 Karat of gold. The more common however comes in one ounce forms which are also Australia’s bullion coins. These gold coins were first introduced by the mint in 1987 and were first known as gold nuggets due to the image that they bore on their reverse side. The image of the gold nugget was taken from the largest nugget found in Australia in 1869. It weighed a total of more than two thousand pounds which was considered to be the largest found in the world.
Unfortunately, the gold nugget was replaced with the image of a kangaroo in 1990 and has since remained as the picture that can be seen in the gold coin to this day. Hence, it is also known as the Kangaroo coin. The mint releases a newer image of a kangaroo each year which is why the coin is also a favorite among coin collectors. Each year, a unique and new image of the kangaroo appears in the coin. You can find though the image of Queen Elizabeth II on the other side of the coin due to the history of the formation of the country.
The Australian Kangaroo gold coin can be ranked among the purest types of gold coins in the world, having purity of 999.9% or of 24 karat gold. This is one of the reasons why this coin is more subject to getting deformed or scratched easily if mishandled or if it falls from one’s grasp. Hence, the Perth Mint has issued them in specially made plastic which holds the coins and protects them from any type of physical damage which can reduce the coin’s value or even gold content. This can be pretty consume much space if you are planning to store a lot of these coins in your personal vault which can be quite a hassle if it is only small. But if you are thinking about protecting your coin collectible from scratches, then the Australian Kangaroo will be the best to acquire due to their specialized plastic containers.
One of the other feature or characteristic of this coin is that one can buy them in smaller sizes whereas some gold coins only come in one-ounce sizes. You can buy them in varying weights: one ounce, half an ounce, quarter of an ounce, and one-tenth of an ounce. They all have a face value of a hundred, fifty, twenty-five, fifteen, and five Australian dollars consecutively. They are all encased in their plastic containers separately which provides a lot of protection especially while being shipped. You can buy them directly from the Australian Perth Mint which will charge a lesser premium over the coins as your purchases get larger.