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Australian Gold Coins: Why The Australian Gold Kangaroo Is A Must own Coin

Australian Gold Coins: Why The Australian Gold Kangaroo Is A
Must own Coin

By Christina Goldman

The Australian Kangaroo Gold Coin is definitely a truly fantastic twenty-four karat gold coin. It was released in 1986 from the Aussie government owned company, The Gold Corporation. Minted by the Perth Mint which is situated in Western Australia, it was comprised of .9999 fine gold bullion like many other gold coins on the market. In contrast, a couple of unique features instantly placed it apart from the rest of the group:
1. It had a unique two-tone frosted design
2. Each coin was individually encapsulated within a circular, hard plastic case.
This is certainly very uncommon for any standard price gold bullion coin. This pair unique characteristics immmediately positioned the coin as being a exceptional value for the money!
From 1986 through 1988, back side of the coin displayed an image of a famous gold nugget - the Welcome Stranger nugget. This amazing 2,284 oz . nugget, located in Western Australia in 1869, turned out to be the largest gold nugget ever found.
I suppose gold nuggets typically are not familiar to someone who does not live in Australia (looks like a lump of dirt in my opinion!), given that this particular reverse image was changed in 1989. From this date onward, the reverse picture has displayed a picture of a differing kangaroo, an Aussie icon this really is more well-known! Additionally, making use of the Kangaroo as a portrait would make far more sense given that the name of the coin is the Australian gold Kangaroo.
Despite the fact that a gold nugget is no longer featured on the coin, the term "NUGGET" was still placed upon the front (obverse) of the coin until 2008. Actually, the coins were still called Kangaroo Nuggets until lately.
I believe what absolutely makes this coin worthy of investing in, over various other well known gold bullion coins like the Canadian gold Maple Leafs, American gold Eagles, or South African gold Krugerrands is the uniqueness aspect.
1. In addition to the Chinese gold Panda coin, the Australian Gold Kangaroo is the sole other bullion coin in which the design changes each year. On the additional well-known gold bullion coins, just the date changes but not the design.
2. In addition, you possess the additional reward associated with a really low annual mintage, when compared to alternative common gold bullion coins. This contributes to its charm to not only bullion buyers but collectors as well.