Australia's gold Kangaroo Nugget series of bullion coins was launched in 1987 by Gold Corporation, which is wholly owned by the government of Western Australia. From its beginning, this subject of coins had two unique features: a '-tone' frosted design effect, and particular person laborious plastic encapsulation of every coin. For the standard-value bullion coin, these options have been remarkable, and served to position the Nugget as a product providing numerous worth for the standard bullion price. At first, these cash pictured on the reverse facet a famous Australian gold nugget.
Nicely, perhaps pictures of gold nuggets are recognizable in Australia, like photos of baseball gamers here in America. However to most of us, the gold Nuggets from 1986-1988 pictured lumps that regarded like meteorites, or maybe just clods of dirt.
Fortunately, in 1989, this design was modified to characteristic totally different Kangaroos, an extra world-recognized symbol of Australia.
One other facet of the bullion coin market touched on by Australia was the introduction of two-, 10-, and 32.15-ounce (kilogram) bullion gold coins. These bigger sizes have been imported into the U.S. sometimes since their initial production. The big sizes are additionally produced in silver and platinum versions. The Australia Kangaroos are meticulously-made, individually packaged 99.ninety nine% pure coins with a lot of 'eye-attraction' for the bullion buyer.
The one-ounce gold Kangaroo from Australia is an oz. of .9999 pure gold, with a nominal face value of $100 Australian. Each coin comes in a tough plastic case, shipped from the Perth Mint shrink-wrapped 20 coins together. Diameter is 32.1 mm, with a thickness of 2.8 mm.
The half-ounce gold Kangaroo is .50 ounce of .9999 pure gold, with a face value of A$50. Each coin is individually packed in a spherical plastic capsule, and shrink-wrapped collectively in groups of 20 coins on the Perth Mint. Diameter is 25.1mm, thickness 2.4mm.
The quarter-ounce gold Kangaroo is .25 ounce of .9999 pure gold, with a face value of A$25. Each coin is shipped from the Perth Mint in a spherical plastic case, and shrink-wrapped 20 coins together. Diameter is 20.1 mm, thickness 2 mm.
The tenth-ounce gold Kangaroo is .1 ounce of .9999 pure gold, with a face value of A$15. Individually encapsulated, 20 coins are shrink-wrapped together for shipment from the Perth Mint. Diameter is 16.1mm, thickness is 1.5 mm.
The twentieth-ounce gold Kangaroo is .05 ounce of .9999 pure gold, with a face worth of A$5. Individually encapsulated, 20 cash are shrink-wrapped collectively on the Perth Mint. Diameter is 14.1 mm, thickness is 1.4mm.
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