The Australian kangaroo coin is made of 99.99% pure gold and struck by the Perth Mint. This high purity makes it one of the few sovereign coins acceptable for purchase in an IRA. Each year, these 1 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.
Australian gold kangaroo coins are legal tender under the Australian Currency Act 1965 and have a face value of $100 Australian dollars. These 24K gold coins are among the most popular in the world and treasured for their high value and beauty.
Although they are bullion coins, the Perth Mint gives each gold kangaroo 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, bullion pricing, and exceptional finish make the Australian gold kangaroo coin prized by collectors and investors alike.
The wildlife motif is popular among children, making these 24K gold coins a great gift that is also an investable asset.