The Perth Mint Gold Kangaroo Coins

Gold Kangaroo Coins from The Perth Mint

Gold Kangaroo coins were introduced in 1987 by Gold Corp., an entity entirely owned by the Western Australian Government. Issued as Australian legal tender, the Gold Kangaroo is a favorite item among collectors and investors worldwide.

The coins are made of .9999 fine gold, which means they are 99.99% pure. They are available in a range of sizes, including 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz, and 1 kilogram.

One unique feature of the Gold Kangaroo coins is that the reverse design changes every year. The obverse of the gold coins features a portrait of Queen Elizabeth II, while the reverse features a kangaroo, which is one of Australia's most iconic animals.

The Gold Kangaroo coins are legal tender in Australia, with face values ranging from $5 to $5,000 AUD depending on the size of the coin. However, their true value is based on the current market price of gold.

Overall, the Gold Kangaroo coins are highly sought after by investors and collectors alike due to their high purity, annual design changes, and association with one of Australia's most beloved animals.

The Iconic Kangaroo Coin Design Over the Years

The Gold Kangaroo is a series of gold bullion coins that has been minted by The Perth Mint in Western Australia since 1986. The coin features a design of a kangaroo, which changes each year, on the reverse side, and an effigy of Queen Elizabeth II on the obverse side.

The design of the Gold Kangaroo coin has evolved over the years. The original design featured a hopping kangaroo and the year of mintage, while the current design showcases a kangaroo in motion with a background of rays of sunlight. The design is changed each year, except for the years 1987-1989 when the design remained the same.

Several designers have been involved in the creation of the Gold Kangaroo coin over the years. The original design was created by Stuart Devlin, a notable Australian designer who is perhaps best known for his work on the Australian decimal coinage. The current design is credited to Aleysha Howarth, who is also an Australian artist and designer.

Howarth's design was selected through a competition held by the Perth Mint in 2018, which invited artists and designers from around the world to submit their designs for the 2019 Gold Kangaroo coin. Howarth's design was chosen from a field of over 200 entries. Her design depicts a kangaroo in motion, with rays of sunlight emanating from behind it. The design is meant to capture the energy and spirit of the kangaroo, which is an iconic symbol of Australia.

Choosing the Best Size Gold Coin for You

The Gold Kangaroo coins are available in several different sizes, which include 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz, and 1 kg. The size you choose will depend on several factors, including your budget, investment goals, and personal preference.

If you are looking to invest in gold, you may want to consider purchasing larger size coins, such as the 1 oz, 2 oz, 10 oz, or 1 kg sizes. These larger coins typically have a lower premium over the spot price of gold and may be a better value for investors who are looking to purchase a larger quantity of gold.

If you are new to gold investing or have a limited budget, you may want to consider purchasing the smaller size coins, such as the 1/20 oz, 1/10 oz, or 1/4 oz sizes. These smaller coins may have a higher premium over the spot price of gold, but they are also more affordable and easier to sell if needed.

When choosing the best size for you, it is important to consider your personal goals and needs. If you are purchasing gold as a long-term investment, you may want to consider purchasing larger coins that offer greater potential for growth over time. If you are looking to diversify your portfolio or hedge against inflation, purchasing a mix of different size coins may be the best option for you. Ultimately, the size you choose will depend on your individual circumstances and investment goals.