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1oz Australian Kangaroo Gold Coin 2022

In Stock
Tavex Bullion is proud to present the 1oz Australian Kangaroo Gold Bullion Coin, Australia’s most iconic gold bullion. The ... read more
We sell We buy Spread
£1,947.29
£1,868.49 4.05%
Pick-Up From Office: FREE
Delivery Costs From: £5.00
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Pick-Up From Office: FREE
Delivery Costs From: £5.00
See more
All photos are used for illustration purposes only and may not be an exact representation of particular product.

Introduction

Tavex Bullion is proud to present the 1oz Australian Kangaroo Gold Bullion Coin, Australia’s most iconic gold bullion. The 1oz Australian Kangaroo gold bullion was first issued for the first time in 1989 by the renowned Perth Mint. It was the first gold bullion coin to commemorate one of the world’s unique animals – the Australian kangaroo – in 99.99% pure gold. Kangaroo coins replaced Australian Nugget gold coins which had been in production since 1986.

Exhibiting peerless beauty and purity, Kangaroo bullions are suited for both collectors and private individuals. Considered legal tender in Australia, the one-ounce Australian Gold Kangaroo coin carries a denomination of 100 Australian dollars. As a result, it is available at a low premium over the prevailing spot price of gold.

Tavex's partnership with the Perth Mint further enhances the appeal of the Australian Kangaroo Gold Bullion Coin. We are committed to providing market-leading quotes and ensuring accessibility to this elegant gold coin in any desired quantity.

Why Buy

  • Australian Gold Kangaroo coins track the price of gold. The value of these coins is primarily determined by their fine gold content, which links to the prevailing price of gold.
  • Australian Gold Kangaroo coins are money. They are legal tender in Australia and are accepted and exchanged as such throughout the world.
  • Australian Gold Kangaroo coins are 24 karats of pure artwork. What sets this coin apart from the rest are its fine artistic features combined with mat and shiny surfaces with highly polished motifs. The attention to detail makes the coin diffract remarkable gold brilliance, achieving truly eye-catching aesthetics for anyone who admires precious artwork.
  • Australian Gold Kangaroo coins are popular among collectors. The Australian Gold Kangaroo coin is one of only two legal tender gold coins globally to change its design of the central motif each year. The other example is the Chinese Panda gold coin.
  • Australian Gold Kangaroo coins sell at a low premium.  As a partner of the Perth Mint, Tavex can offer Australian Gold Kangaroo coins with a low mark-up premium.
  • Australian Gold Kangaroo coins are internationally recognised. In continuous production for 28 years and portraying the effigy of the most powerful and longest-serving queen in the 20th century, Queen Elizabeth II, the Australian Gold Kangaroo coin is a household name in the global gold market.
  • Australian Gold Kangaroo coins are the equivalent of savings. Australian Gold Kangaroo coins are an ideal choice for any long-term saver who appreciates the security and stability of owning physical, legal, tender gold coins.
  • Australian Gold Kangaroo coins are an excellent way to diversify your portfolio. In addition, gold’s low correlation with other financial assets makes Australian Gold Kangaroos serve as a portfolio hedge against market risk.

Buying gold items means low risks and maintaining wealth

Gold's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    £1,947.29
  • Buyback price
    £1,868.49
  • Your risk now
    £78.80

Fact: gold price in GBP has risen 147.16% in the last 10 years. The lowest price was 672.86 GBP/oz and the highest 1,954.25 GBP/oz. Current world market price is 1,908.96 GBP/oz

The gold nugget and the kangaroo – absolutely Australian

Numerous names are today used to describe the Australian Gold Kangaroo coin:

* Australian Nugget
* Australian Kangaroo
* Australian Gold Nugget
* Australian Gold Kangaroo

The reason for the multiple names is because from 1986 to 1989 the main motif of the coin displayed a gold nugget, hence the original name of the coin. The depicted gold nugget was meant to be a symbol of Australia’s history of having produced some of the largest alluvial gold nuggets in the world, one of them being “The Welcome Stranger”, with a refined weight of a remarkable 2,315 troy ounces, or 72 kilos. Although a gold nugget was pictured on the Australian Nugget gold coin for several years, in 1989 it was replaced with a more widely recognised symbol of Australia: the kangaroo. In addition to changing the motif, the name of the coin was likewise changed from Australian Nugget to Australian Kangaroo; all the other specifications of the coin stayed essentially the same. Since the kangaroo is endemic to Australia, it made the association of the gold coin that much more obvious. Besides being depicted on the Australian Kangaroo gold coin, the kangaroo appears as an emblem on Australia’s coats of arms. In fact, the kangaroo is deemed to be the unofficial symbol of Australia. 

 

The Australian Gold Kangaroo coin is the world's largest gold coin

In 1991 the Perth Mint introduced the Australian Gold Kangaroo one kilo coin. This was the first time a government mint had issued such a heavy legal tender gold coin. In contrast to the lighter Gold Kangaroo coins where the main kangaroo motif varies each year, the one kilo Gold Kangaroo coin’s main motif that depicts a Red Australian kangaroo has not changed since 1991. To this day, some 23,600 pieces of the one kilo Red Australian Gold Kangaroo coins have been sold. In addition, the Perth Mint in 2011 made another huge leap forward by being the first mint in the world to create a one ton Red Australian Kangaroo coin. The coin was made of solid 24 karat gold and was at the time valued at over A$ 50 million. The giant Australian Gold Kangaroo coin would break the previous record as the most valuable gold coin ever to be produced. The previous record for the most valuable gold coin was held by the Royal Canadian Mint’s 100 kilogramme Canadian Maple Leaf gold coin.

The Perth Mint

The Perth Mint is a world distinguished mint and precious metals refiner that is located in the City of Perth, in Western Australia. The Perth Mint was founded in 1896 by Britain’s Royal Mint in response to the newly discovered gold deposits in Western Australia. Perth Mint’s task was to refine gold ore from the mines and to strike sovereign gold coins from the refined bullion. Between 1899 and 1931 the Pert Mint produced  a considerable amount of gold sovereigns which were distributed in Australia  and throughout the British Empire to be used as circulating currency. British control over Perth Mint was relinquished in 1971 to the Government of Western Australia which then assumed ownership of  the  mint.  Today,  the  Perth  Mint  is  hailed  for  the exceptional  quality  of  its  world  class investment bullion coins like the Kookaburra and Koala silver coins, and the Lunar Series. The Perth Mint has been a member of the London Gold Market (predecessor of the LBMA) since 1934. The swan design, which is the Mint’s official assay stamp registered with the LBMA, is recognised internationally and was inspired by the Mint’s location in Perth, where the main river, the Swan, runs through the city. 

Product weight in grams
31.10659
Gold weight in grams
31.10348
Fineness
999.9
Gold weight in troy ounces
1
Diameter (mm)
32.1
Thickness
-
Face value description
100 dollars
Manufacturer
The Perth Mint, Australia

Obverse

The obverse portrays the effigy of Queen Elizabeth II. The reason for picturing Her Majesty the Queen stems from Australia’s membership of the United Kingdom’s Commonwealth of Nations. By being a member of the Commonwealth, Australia has Queen Elizabeth II as its reigning constitutional monarch. Above the Queen’s effigy is the text“ELIZABETH II” and “AUSTRALIA”. Inscribed below the effigy is the nominal face value of 100 dollars and the designer’s initials “IRB” – Ian Rank-Broadley.

Reverse

The reverse displays Australia’s most famous animal, the kangaroo, and above it is inscribed “AUSTRALIAN KANGAROO”. Below the kangaroo is the year of mintage, weight and purity. To the right of the kangaroo is the letter “P” which stands for Perth Mint. The design of the Kangaroo gold coin's reverse changes every year.

Packaging

Each coin is individually packaged in a hard plastic capsule at the Perth Mint. For bulk purchases, multiples of 20 are available in original factory packaging.

We understand the importance of ensuring that you receive your order in a safe and secure manner. That’s why each order goes through additional quality control, is carefully packaged in a protective box and discreetly labeled to guarantee the protection of your privacy. Additionally, we take extra steps for your peace of mind – every shipment is fully insured, so you don’t have to worry when ordering products online.

We are committed to providing you with the best possible service and experience, and we believe that one important aspect of the process is a safe and secure shipment process. If there are any issues with your shipment, such as damage or loss, please don’t hesitate to reach out to us. Our dedicated customer support team is always available to help by phone 020 4541 4145 or tavex@tavexbullion.co.uk, and we will do everything in our power to sort out any problems and get your order to you in a timely and efficient manner.

After we dispatch your parcel, we will provide you with a tracking number so that you can track its progress and see exactly where it is at all times. This way, you can stay informed about the status of your order and know exactly when to expect it to arrive. Transparency is key to a great customer experience, and we are always here to help with any questions or concerns you may have.

Each order is discreetly packed and fully insured, so you can safely order products online – additionally, after dispatch, we will provide you with the package number, so you will be able to track its entire route.

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