Australian Gold Kangaroo Coins: Aussie Gold Coins Worth Investing In
The Australian Kangaroo Gold Coin is a unquestionably awesome twenty-four karat gold coin.
It was launched in 1986 from the Aussie government owned company, The Gold Corporation.
Struck by the Perth Mint which is situated in Western Australia, it was comprised of .
9999 fine gold bullion like other gold coins available on the market.
At the same time, a couple of unique characteristics quickly placed it apart from the rest of the pack: 1.
It had a special two-tone frosted design.
2.
Each coin was separately encapsulated in a circular, hard plastic case.
This is rather unusual for any standard price gold bullion coin.
Both of these unique elements immediately placed the coin as being a fantastic value! From 1986 through 1988, back side of the coin featured a picture of a renowned gold nugget - the Welcome Stranger nugget.
This 2,284 oz nugget, discovered in Western Australia in 1869, was the largest gold nugget ever discovered.
I guess gold nuggets are not familiar to any one that doesn't live in Australia (looks like a lump of dirt in my opinion!), considering that this specific reverse image ended up being changed in 1989.
From this date forward, the reverse image has featured a picture of a different kangaroo, an Aussie icon which is more recognizable! Furthermore, using the Kangaroo as a portrait tends to make far more sense since the actual name of the coin is the Australian gold Kangaroo.
Even though a gold nugget is no longer displayed on the coin, the term "NUGGET" was still being placed on the front (obverse) of the coin until 2008.
Furthermore, the coins were actually still referred to as Kangaroo Nuggets until lately.
I believe what truly makes this particular coin well worth buying, over similar popular gold bullion coins such as Canadian gold Maple Leafs, American gold Eagles, or South African gold Krugerrands is without question the uniqueness aspect.
1.
In addition to the Chinese gold Panda coin, the Australian Gold Kangaroo is the only additional bullion coin where the design changes each year.
On the other common gold bullion coins, just the date changes as opposed to the design.
2.
In addition, you have the added added bonus of a really low yearly mintage, compared to the various other common gold bullion coins.
This adds to its interest to not only bullion investors but collectors also.
It was launched in 1986 from the Aussie government owned company, The Gold Corporation.
Struck by the Perth Mint which is situated in Western Australia, it was comprised of .
9999 fine gold bullion like other gold coins available on the market.
At the same time, a couple of unique characteristics quickly placed it apart from the rest of the pack: 1.
It had a special two-tone frosted design.
2.
Each coin was separately encapsulated in a circular, hard plastic case.
This is rather unusual for any standard price gold bullion coin.
Both of these unique elements immediately placed the coin as being a fantastic value! From 1986 through 1988, back side of the coin featured a picture of a renowned gold nugget - the Welcome Stranger nugget.
This 2,284 oz nugget, discovered in Western Australia in 1869, was the largest gold nugget ever discovered.
I guess gold nuggets are not familiar to any one that doesn't live in Australia (looks like a lump of dirt in my opinion!), considering that this specific reverse image ended up being changed in 1989.
From this date forward, the reverse image has featured a picture of a different kangaroo, an Aussie icon which is more recognizable! Furthermore, using the Kangaroo as a portrait tends to make far more sense since the actual name of the coin is the Australian gold Kangaroo.
Even though a gold nugget is no longer displayed on the coin, the term "NUGGET" was still being placed on the front (obverse) of the coin until 2008.
Furthermore, the coins were actually still referred to as Kangaroo Nuggets until lately.
I believe what truly makes this particular coin well worth buying, over similar popular gold bullion coins such as Canadian gold Maple Leafs, American gold Eagles, or South African gold Krugerrands is without question the uniqueness aspect.
1.
In addition to the Chinese gold Panda coin, the Australian Gold Kangaroo is the only additional bullion coin where the design changes each year.
On the other common gold bullion coins, just the date changes as opposed to the design.
2.
In addition, you have the added added bonus of a really low yearly mintage, compared to the various other common gold bullion coins.
This adds to its interest to not only bullion investors but collectors also.
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