The Australian Kangaroo Gold Coin is a popular gold bullion coin produced by the Perth Mint in Australia. It features an image of a kangaroo, one of the most iconic animals of Australia. These coins are minted in 24-karat gold (99.99% pure) and are available in a variety of sizes, including 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz, along with larger sizes like 1 kilogram.
Key Features of the Kangaroo Gold Coin:
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Design:
- Obverse: The coin features the profile of Queen Elizabeth II, as is standard with Australian coins. The design is updated periodically, but typically shows her image surrounded by the coin’s denomination and the words “Elizabeth II” and “Australia.”
- Reverse: The reverse side typically shows a kangaroo in a jumping pose, symbolizing Australia’s wildlife. The design may change over time with different artistic representations of kangaroos, but it always features this iconic Australian animal.
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Purity and Weight:
- The coin is made of 99.99% pure gold, making it an attractive option for investors in gold bullion.
- Available in various sizes, allowing both investors and collectors to find a coin that suits their needs.
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Legal Tender:
- The Australian Kangaroo Gold Coin is legal tender in Australia, although its value as a coin is often much lower than its gold content value. Its worth is primarily driven by the market value of gold.
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Investment and Collectibility:
- The coin is highly sought after by investors due to its purity and recognition, and it is also popular among collectors due to its annual design changes.
- The Perth Mint has been known to produce limited edition coins, making some of them more desirable to collectors.
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