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Australian Nugget Gold Bullion Coin

Australian Kangaroo Gold Bullion Coin

Fineness: .9999 Actual Gold Content: 1.0 troy ounce (31.103 grams)
Diameter: 32.1 mm Face value: $100
Also minted in 1/2, 1/4, 1/10 ounce sizes

Introduced in 1986 as a .9999 fine bullion coin. Each year the design is changed, since 1989 with various portraits of kangaroos. From its beginning, this issue of coins had two unique features: a 'two-tone' frosted design effect, and individual hard plastic encapsulation of each coin. For a standard-price bullion coin, these features were unheard of, and served to position the Nugget as a product offering a lot of value for a standard bullion price.

At first, these coins pictured on the reverse side a famous Australian gold nugget. In 1989, this design was changed to feature different Kangaroos. Another aspect of the bullion coin market touched on by Australia was the introduction of 2-, 10-, and 32.15-ounce (kilogram) bullion gold coins. These larger sizes have been imported into the U.S. from time to time since their initial production.

The one-ounce gold Kangaroo from Australia is an ounce of .9999 pure gold, with a nominal face value of $100 Australian. Diameter is 32.1 mm, with a thickness of 2.8 mm.

The half-ounce gold Kangaroo is .50 ounce of .9999 pure gold, with a face value of A$50. Diameter is 25.1mm, thickness 2.4mm.

The quarter-ounce gold Kangaroo is .25 ounce of .9999 pure gold, with a face value of A$25.Diameter is 20.1 mm, thickness 2 mm.

The tenth-ounce gold Kangaroo is .1 ounce of .9999 pure gold, with a face value of A$15. Diameter is 16.1mm, thickness is 1.5 mm.

The twentieth-ounce gold Kangaroo is .05 ounce of .9999 pure gold, with a face value of A$5. Diameter is 14.1 mm, thickness is 1.4mm. .

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