Discover the newest edition of the Australian Kangaroo gold coin from the Perth Mint, dated 2022. Also known as the Australian Nugget, this coin is minted in 24-carat (999.9) fine gold by the Perth Mint, making it one of the few major gold bullion coins with such high purity.

The beauty of the design makes this coin an ideal option, combining both gold investment and the pleasure of coin collecting.

Design

Obverse:
The obverse features a portrait of Queen Elizabeth II.

Reverse:
The reverse showcases a kangaroo, one of Australia’s most iconic animals. The design of the kangaroo has evolved over the years, and since 1989, it has been a more widely recognised symbol of Australia, replacing the Australian nugget that was initially depicted.

Why Buy 1oz Australian Kangaroo Gold Coin?

Gold Kangaroos are an excellent choice for those looking to store physical gold rather than trade it. These coins are known for their high gold purity, which gives them a softer, more fragile nature. As a result, it’s advisable to keep them in protective plastic tubes to avoid scratches and damage to the coin’s surface.

The changing design each year adds an element of uniqueness to these coins. Many collectors enjoy the excitement of not knowing which year or design they will receive until the package is opened.

With legal tender status in Australia, the gold kangaroo coin is a favourite among collectors and investors worldwide. Produced in limited numbers each year by the Perth Mint, this coin offers a unique collectible opportunity. As a result, collectors often order these coins in advance before their official release.

Brief History of the Australian Kangaroo Gold Coin

The Australian Nugget gold coin series was introduced in 1986 by the Gold Corporation, now known as the Perth Mint. Initially, from 1986 to 1989, the reverse of the coin depicted various nuggets found in Australian fields. These were sold as part of a four-coin proof set ranging from 1/10 oz to 1 oz gold coins.

In 1989, the design changed to feature a Red Kangaroo, and since then, the coins have featured a variety of marsupials, including the Common Wallaroo, the Nailtailed Wallaby, and the Grey Kangaroo. This evolution added to the coin’s appeal, combining fine gold with an increasingly collectible design.

The kangaroo depicted in the design is a symbol of Australia’s unique and fascinating wildlife.

Why Buy 1 Ounce Gold Coins?

One-ounce gold coins are an excellent alternative to large gold bars for investing in physical gold. They enable you to split your precious metal portfolio into smaller, more manageable units. While large gold bars tend to carry a smaller premium over the spot price, they are not as flexible.

Buying 1-ounce gold bullion coins makes your investment more liquid. You can sell a few coins when needed, instead of having to sell an entire gold bar. Large gold bars can be difficult to convert into cash, which is why it’s often worth paying a slightly higher premium for the liquidity and flexibility offered by smaller coins.