The Australian Kangaroo Gold Bullion Coin was first introduced in 1987 with a design of the largest gold nugget ever found: the 2,284 oz Welcome Stranger Nugget. These bullion coins became known as the Australian Gold Nugget. However, in 1990, the reverse design changed to a kangaroo, Australia's famous marsupial, giving way to the name Kangaroo Nugget. These designs change yearly, but always feature the kangaroo.
Made from .9999 fine 24 karat gold, the 2009 versions were originally slated to come in 8 different sizes. However, due to production demands, all sizes may not be produced for a given year. Some key points advertised for the golden coins include their government assurance of weight and purity, their Australian legal tender status, limited mintages, versatile sizes and new reverse designs.
To protect the finish, the gold coins come individually encapsulated in protective plastic covers.
The collectors who purchase this gold coin should take into account that they require more storage space due to their packaging. The Australian Kangaroo gold coins are basic Australian coins. Regardless of the fact that the gold nugget on the coin was replaced with a kangaroo, the word 'Nugget' is still stamped on the obverse. That's why the gold coin is often referred to as 'Kangaroo-Nugget'. Also, as the most Australian gold coins, The Australian Kangaroo Gold Bullion coin has an image of Queen Elizabeth II on it. The new unique design, which changes from year to year, is one of the specific feautures of this gold coin, which other popular coins don't posess. In addition to individual plastic cover, another unique feature is its 'frosted' effect. Although The Australian Kangaroo Gold Bullion coins come in multiple sizes, 1 ounce size is the most common one. Its diameter is 25.1 mm, thickness is 2.8 mm. Nominal face value of 1 ounce mint is $100 Australian.
