Saturday, April 25, 2009

Australian Gold Nugget "Kangaroo" Gold Coin

The Australian Gold Nugget "Kangaroo" Gold Coin is a 24 Karat gold bullion coin made by the Perth Mint located in the state of Western Australia. The Perth Mint began production of the gold bullion coins in 1986. The bullion coin comes in five troy ounce sizes: 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz and 1 oz. The 24 Karat gold bullion coin are legal tender in Australia and are denominated $5 (.05), $15 (.1 oz), $25 (.25 oz), $50(.5 oz) and $100 (1 oz).

The obverse ("heads") side of the coin presents a portrait of Queen Elizabeth II. The obverse gives the date the coin was struck and the demonization in Australian dollars. Words appear in an arc around the edge of the coin, for example, "Elizabeth II – Australia 2008 – 100 Dollars."

The reverse ("tails") side from 1986 to 1989 featured various gold nuggets found in Australia. Beginning in 1989 the reverse was changed to show a Kangaroo. The design of the Kangaroo changes each year. The weight in Tory ounces and purity are given on this side. The worlds "Australian Kangaroo" appear in an arch on the upper part of the coin. The weight and purity is shown in an arch at the bottom, for example, "1 oz. 9999 GOLD."

Here are a few interesting facts about the Australian Gold Nugget "Kangaroo" Gold coin. The coins come in a round plastic protective case. The Perth Mint opened in 1899 as a branch of the British Royal Mint to manufacture Sovereigns. The Perth Mint makes a wide range of gold coins and souvenirs. The Australian Nugget "Kangaroo" Gold coin should not be confused with the Australian Lunar Gold Bullion coin also made by the Perth Mint. The Lunar gold bullion coins have images of animals from the Chinese Lunar calendar.

Face Value$5$15$25$50$100
Gross Weight (Troy)0.
Gross Weight (Grams)1.55523.11037.775815.551531.1030
Gold Weight (Troy)
Gold Weight (Grams)1.55523.11037.775815.551531.1030
Diameter (mm)14.1016.1020.1025.1032.10
Thickness (mm)1.1401.301.802.202.65

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