The 2017 1/10 oz Australian Kangaroo Coin is made of 99.99% pure gold and struck by the Perth Mint. 1/10 Gold Kangaroos offer investors divisibility and a more affordable way to get exposure to pure gold.
Each year, these 1/10 oz gold coins feature a new depiction of Australia’s most famous marsupial: the iconic kangaroo. For 2017, the coin features a kangaroo leaping across an outback plain.
There is also a “P” mint mark symbolizing the Perth Mint, which is widely-known for producing some of the highest quality bullion coins in the world. Ian Rank-Broadley’s regal effigy of Her Majesty Queen Elizabeth II is on the front.
1/10 oz Australian Gold Kangaroo Coins are backed by the Commonwealth of Australia. They are legal tender under the Australian Currency Act of 1965 and have a face value of $15 Australian dollars.
Although they are bullion coins, the Perth Mint gives each 24K gold kangaroo coin a superb “reverse proof” finish. This gives the table of the coin, the flat areas, a stunning, mirror-like appearance and the relief features an extremely high polish.
The yearly design changes, affordable bullion pricing, and exceptional finish make the 1/10 oz Australian Gold Kangaroo Coin a very popular choice among investors.