10 oz Gold Kangaroo Nugget (Various Years)
- Perth Mint: series since 1987
- Collector's design: redesigned every year
- High fineness: 999.9/1,000 fine gold
- Perth MintThe Kangaroo series from the renowned Perth Mint
- Collector's designEach year shows the Kangaroo in a new design
- High finenessThe coin is made entirely of pure gold
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Kangaroo Nugget, various years
Kangaroo Nugget in gold,from various years.
Sample image of a coin of this issue: a coin of the series with a sticker, the picture shows one of several possible years
The coin’s design
One year from the history of the series
With this issue, the year is not fixed at the time of purchase. The picture above shows one coin as an example; your coin may bear a different year, a different design and a different portrait.
The name
Why it is called Nugget
The Welcome Stranger was found by the miner John Deason on 5 February 1869 near Moliagul in Victoria, three centimetres deep among the roots of a tree. He hid the find until dark and then dug it out with his partner Richard Oates. In Dunolly the nugget, then the largest known in the world, had to be broken up on an anvil so that it would fit on the bank’s scales, as Museums Victoria reports.
This nugget and three other famous ones appeared on the first years of the series, in designs by Stuart Devlin. It began as The Australian Nugget.
Then came the kangaroo, according to The Perth Mint an icon of Australia that is more easily recognised all over the world. Since 2008 it has listed the bullion coin as the Australian Kangaroo; we still call the series Kangaroo Nugget, after the name under which it began in 1986.
- 1986The first issue, in proof
- 1989Stuart Devlin’s kangaroo, first on the proof
- 1990The kangaroo on the bullion coin too
The series
Many years, many designs
Since 1986 the series has borne many designs: first famous gold nuggets, since 1989 the kangaroo, on the bullion coins up to one ounce in a new design every year. In the first kangaroo years even the species changed, from the red kangaroo in 1990 to the whiptail wallaby in 1994.
There had been a kangaroo on gold in Australia before. In 1853 Reginald Scaife reached Melbourne aboard the clipper Kangaroo, as manager of a private mint, the Kangaroo Office. With purpose-made dies he struck 27 sets of gold tokens, from a quarter ounce to two ounces, dated 1853.
2022
2023
2024
2025
2026
The finish
From various years
What stays the same in every year: The Perth Mint strikes these coins in gold with a fineness of 99.99 per cent, as legal tender in Australia.
The obverse also depends on the year: up to 2023 it shows Queen Elizabeth II, since 2024 King Charles III.
At a glance
- Issuer
- The Perth Mint
- Fine weight
- 10 ounces fine gold
- Fineness
- 99.99%
- Year
- various
Year, design and portrait depend on the coin delivered.
First the nuggets, then the kangaroo.
Kangaroo Nugget in gold, from one of the years.
10 oz Gold Kangaroo Nugget (Various Years): A Shining Investment
The 10 oz Gold Kangaroo Nugget is a highly sought-after bullion coin from the renowned Perth Mint. It represents Australia's fascinating wildlife and is one of the oldest and most well-known gold coin series in the world. With its impressive fine weight of 311.03g and a fineness of 999.9/1,000, it represents a value-stable investment and is equally popular among collectors and investors.
Design and Motif
The striking design of the coin shows an impressive kangaroo, the symbol of Australia. The powerful depiction of the kangaroo in its natural habitat, paired with the shining gold, makes each issue a small work of art. The reverse of the coin shows the portrait of the respective monarch, as a sign of affiliation with the Commonwealth.
Details and Specifications
- Investment goal: This coin offers both inflation hedge and value preservation, making it a solid bullion coin.
- Design: The design shows an impressive kangaroo, the symbol of Australia.
- Material / Fineness: The coin is made of pure gold with a fineness of 999.9/1,000.
- Manufacturer: The coin is produced by the renowned Perth Mint in Australia.
- Country of origin: Australia
Why Invest in Gold?
As a gold investor, you benefit from gold's millennia-old function as a stable store of value. Gold is the oldest currency in the world and has never had a value of zero, as it possesses intrinsic value. It protects against loss of purchasing power and is used as a hedge against inflation and currency risks. Gold is tradable worldwide, has high liquidity and can easily be converted into cash. In addition, gold offers protection against political and economic crises and can serve as crisis protection.
Gold Kangaroo Nugget: A Fascinating Collector's Item
The 10 oz Gold Kangaroo Nugget coin is not only interesting for investors, but also for collectors. It is part of the Perth Mint's oldest coin series and was first minted in 1987. Its high minting quality, the kangaroo design and the fact that it is one of the most well-known gold coins worldwide make it a sought-after collector's item.
Conclusion
Whether as an investment or collector's item - the 10 oz Gold Kangaroo Nugget coin is an attractive choice in many respects. It impresses with its high quality and the kangaroo design as well as its stable performance. In addition, it offers protection against inflation and currency risks and is a solid investment in the future.
Product depiction may differ from the final product.
