The Australian Gold Nugget or Kangaroo is the bullion coin minted at the Perth Mint. It was first introduced in 1986 and those first few years featured a gold nugget on the coin. Starting with the 1989 proof edition the design was changed to a kangaroo. This coin changes design each year, similar to the Gold Panda of China. The reverse side of the coin remains the same each year and depicts the Queen of England, Queen Elizabeth. The coin is now referred to as the Australian Kangaroo.
The Australian Gold Nugget or Kangaroo is 99.99% gold and comes in the following sizes: 1/20 ounce, 1/10 ounce, ¼ ounce, ½ ounce, 1 ounce, 2 ounce, 10 ounce, and Kilo. The most popular size is the one ounce size. It has a milled edge, and the denomination or the face value on the 1 ounce is 100 Dollars.
The Gold Kangaroo is made at the Perth Mint, the official bullion mint of Australia. It was established in 1899 and is located in Perth, Australia. The Perth Mint produces gold bars, silver bars, and gold, platinum, and silver coins including, but not limited to, the gold nugget or kangaroo, the platinum koala, the silver kookaburra, the silver kangaroo, and many more gold and silver items.
The Lunar New Year series of gold coins are very popular with bullion and numismatic collectors alike. The first series was issued in 1996 with the Lunar year of the Rat, followed each year a new coin was issued with the ox, tiger, rabbit, dragon, snake, horse, sheep, monkey, rooster, dog, and pig. Because of its popularity, a second series was issued, starting in 2008.
California Gold & Silver Exchange will gladly buy your gold Nuggets or Kangaroos. We understand that you may have purchased them yourself, or you may have inherited them. We will pay you cash, or check, on the spot. We are so confident in our buy price, that we recommend you call a few places. You will see that we are the most competitive gold coin buyers in the area. California Gold & Silver Exchange can pay such a great price because we also sell the coins at our retail location. Most gold buyers purchase from the public and sell the coins to wholesalers. If they do not sell to the public, they are likely not a competitive buyer. There is no reason a gold buyer, or coin dealer would not be able to tell you an exact price, over the phone, for an Australian Gold Nugget or Kangaroo. We have had many people drive over an hour or more, to sell their gold coins. It is worth it for them to drive because of our competitive pricing, especially if they have a large quantity. Please don’t hesitate to give us a call with any questions you have. You can reach us at 909-985-4653, or send us an email at [email protected]