Australia 1 oz Kangaroo

The Australia 1 oz Kangaroo gold coin, also known as the "Australian Kangaroo," is one of Australia's premier gold bullion coins, first minted in 1986. The coin showcases the iconic kangaroo, a symbol of Australia's unique wildlife and cultural heritage.

Why is the Coin Famous?

The Australia 1 oz Kangaroo gold coin is renowned for its annually changing design, high gold purity, and status as a legal tender coin. Its design, which features different depictions of the kangaroo each year, appeals to both collectors and investors. The coin's purity of 99.99% gold makes it a highly desirable investment vehicle, and its legal tender status guarantees its authenticity and weight.

Who Designed the Coin and Why?

The Australia 1 oz Kangaroo coin designs are created by various artists commissioned by the Perth Mint. The obverse side of the coin traditionally features the effigy of Queen Elizabeth II, as designed by artists such as Ian Rank-Broadley and Jody Clark, symbolizing Australia's connection to the Commonwealth. The reverse side, showcasing the kangaroo, changes annually, emphasizing the uniqueness and natural beauty of Australia's wildlife.

Coin Specifications and Symbolism

• Weight: 31.1035 grams (1 troy oz)
• Gold Content: 99.99% pure gold
• Diameter: 32.1 mm
• Thickness: 2.8 mm
• Edge: Reeded

The kangaroo serves as a national symbol of Australia, representing the country's rich wildlife and the spirit of the Outback. The changing designs each year make these coins unique and highly collectible.

Australia 1 oz Kangaroo Coin Value

Some mintage years of the Australia 1 oz Kangaroo gold coin are more valuable due to their lower production numbers and unique designs. For example, the coins minted in the earlier years, such as 1986 and 1987, tend to carry a premium due to their lower mintage and historical significance. Additionally, coins with special mint marks or those in exceptional condition (e.g., MS70) can also fetch higher prices.

The coin contains 1 troy ounce of pure gold, so its intrinsic value is based on today's gold price. However, certain years and mint marks can add numismatic value, making the coin worth more than just its gold content.

The Australia 1 oz Kangaroo gold coin is a highly regarded and collectible bullion coin. Its annually changing design, high gold purity, and legal tender status make it a favorite among investors and collectors. With varying values influenced by gold prices and numismatic premiums, this coin represents both an investment opportunity and a piece of Australian heritage.

1 oz Kangaroo Gold Coins Auctions