1/20 oz Gold Random Year/design Australian Kangaroo Nugget Gold Coin
1986 saw the debut of Australian Nugget/Kangaroo Gold Bullion coins. This is a legal tender coin that is backed by the Western Australian Government. Minted at one of the finest mints in Australia, the Perth Mint, these are renowned for their high minting quality, fine gold content, and beautiful annually changing designs have made it an international sensation. These coins are available for very competitive premiums and hence are extremely popular. They come in five different sizes; 1 kg, 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. These various sizes make it easy for all kinds of investors and collectors to invest in them.
Australia is the second largest gold producing country in the world and has provided a variety of bullion series to the world. The Perth Mint has been minting coins since 1899 when it was a branch of the British Royal Mint. Australian Gold Kangaroo/Nugget Bullion coins are minted at the reputed Perth Mint since 1986.
These coins were launched in four different sizes; the 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz in 1987 to the general public and are known as standard bullion coins as the designs on the reverse of these coins keep changing annually which adds a collectible dimension to these coins and therefore are also known as Bullion Collector Coins.
Then there are large bullion coins which were introduced in 1991. They come in three different sizes; the 1 kg, 10 oz, and 2 oz. Contrary to the standard bullion coins, the large bullion coins have continued to have the same design on ever since their inception.
From 1986-1989, the reverse of the Australian Gold Nugget/Kangaroo used the actual nugget images. However, these did not make much of an impact on the international market as people could not relate to the design. So from 1990, the reverse design was changed to Kangaroo images. Kangaroo is the national symbol of Australia and is recognized internationally, therefore, it instantly became popular. Since then the design on the reverse features different Kangaroo portraits each year while the obverse design of a right facing bust portrait of Queen Elizabeth II, a design by Ian Rank-Broadley, stays the same since the beginning.
The Australian Kangaroo gold bullion coins are internationally recognized coins and are popular because of their competitive premiums and the annually changing designs. They also provide a wider option for a variety of collectors and investors to invest in it by offering various sizes.
1/20 oz Random Year/design Australian Kangaroo Nugget Gold Coin
- Contains 1/20 oz of .9999 fine Gold.
- Comes packaged in individual plastic capsule.
- Obverse: Portrays the Raphael Maklouf likeness of Queen Elizabeth II, as well as the coin’s monetary denomination.
- Reverse: random design
- Sovereign coin backed by the Australian government.