Australian Nugget / Kangaroo -- gold bullion coins
The Australian Kangaroo, like the Chinese Panda, incorporates a different design each year. Only in Australia's case it features the famous marsupial, after which it is named. First produced in 1989, the mintages are generally low when compared to other gold bullion coins -- a feature that heightens its appeal as a collectors' item.
The Kangaroo is a pure, legal-tender gold coin (.9999 fine) and comes in one-ounce (troy), half-ounce, quarter-ounce, tenth-ounce and twentieth-ounce sizes. The Kangaroo also comes uniquely in a kilo-sized gold coin weighing 32.15 ounces. The coins come in protective wrappers to protect the delicate pure gold surfaces. The obverse of the coin bears the portrait of Queen Elizabeth II of Great Britain. The coins are struck with their weight, the face value and the purity. All issues are struck by the Perth Mint and valued for their high-quality finish and artistic workmanship.