Australian Gold Kangaroo Coin
Introduced in 1986, Australia's gold Kangaroo, or Nugget as it was originally called, is a 99.99% pure gold coin. It is minted at the Gold Corporation’s Perth Mint, owned by the government of Western Australia.
THE DESIGN:
From 1986 to 1988 the coins displayed images of gold nuggets. Unfortunately, outside Australia, these images were unrecognizable as nuggets. In 1989, to increase appeal, the design was changed to feature Kangaroos, a world-recognized symbol of Australia. Each year the design is changed, featuring a different Kangaroo. On the reverse side is a headshot of Queen Elizabeth; this does not change. [Continue reading here...]
Face Value on Coin:
1oz is A$100; 1/2oz is A$50; 1/4oz is A$25; 1/10oz is A$15; 1/20oz is A$5.