Australian Gold Kangaroo
Perth Mint · Australia · Gold · 1 troy oz · .9999 fine
Typical dealer premium: 3–7% over spot.
The Australian Gold Kangaroo is produced by the Perth Mint — widely regarded as one of the world's premier mints — and has been issued since 1989 (originally called the Gold Nugget until 1990). What distinguishes the Kangaroo is that its reverse design changes every year, featuring a new artistic rendering of the Australian kangaroo. This annual design change gives each year's coin a unique collectible aspect while maintaining the same investment specifications.
Struck in .9999 fine gold, the Australian Gold Kangaroo is legal tender in Australia with a face value of $100 AUD. The Perth Mint's reputation for exceptional quality, tight tolerances, and innovation (it introduced the world's first one-tonne gold coin) gives the Kangaroo strong credibility in Asian markets, where it is particularly popular.
Gold Kangaroos are IRA-eligible in the United States and trade at premiums of 3–7% above spot. They are available in a wide range of sizes from 1/20 oz to 1 kg, making them accessible to investors at all budget levels. The Perth Mint's Depository Certificate program also allows investors to hold allocated gold backed by physical Kangaroos at the Mint.
- What is the Australian Gold Kangaroo?
- The Australian Gold Kangaroo is a .9999 fine gold bullion coin produced by the Perth Mint since 1989. Its reverse design changes annually, featuring a new artistic depiction of an Australian kangaroo each year. It carries a $100 AUD face value and is legal tender in Australia.
- Why does the Gold Kangaroo design change every year?
- The Perth Mint changes the reverse design annually to create a unique collectible for each year. This makes certain years more desirable to collectors, which can support slightly higher premiums for older or more popular designs, while current-year coins trade at standard bullion premiums.
- Is the Australian Gold Kangaroo IRA-eligible?
- Yes. The Gold Kangaroo meets IRS requirements for self-directed gold IRAs due to its .9999 purity and Perth Mint government backing. It is one of the few foreign gold coins approved for U.S. gold IRAs alongside the Gold Maple Leaf, Gold Britannia, and Gold Philharmonic.