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Updated 01:00 23/10/20
The Australian Gold Nugget coin was introduced in 1986, by the Perth Mint. At one ounce of .999 fine gold, the gold nugget coin is the popular choice of investment coin from Australia. The gold nugget is also referred to as the Kangaroo thanks to it's unique reverse design. Prices shown include FREE, insured, UK delivery and are VAT-free.
The Australian gold nugget was first named after its initial reverse image from 1986 to 1989, which depicted a gold nugget. The design was changed to a kangaroo to feature a more internationally recognised Australian animal, and has remained the central focus of the coin ever since. They are also known as "Gold Kangaroos" as a result of this design change.
The Nugget is one of a few gold bullion coins that updates its designs annually, similar to the Chinese Panda Coin. Each year a new design of Australia's iconic animal is used for the gold nugget coin.
The obverse face features a portrait of Her Majesty Queen Elizabeth II.
Similar to other bullion coins that have limited annual mintage, and changing designs, the gold nugget is something of a collectable with an increased numismatic value over the value of gold used.