The Perth Mint today launched the 2010 Australian Kangaroo Gold Coin Series, continuing its tradition of producing gold bullion coins with an image of Australia’s famous marsupial. This basic kangaroo concept started in 1990, with design variations changing yearly on most of the coins.
Considered legal tender under the Australian Currency Act of 1965, these coins are all 99.99% pure gold, guaranteed by the Australian government for weight and purity.
The Kangaroo series is available in five different sizes: a $15 face value 1/10 oz coin, a $25 1/4 oz coin, a $50 1/2 oz, a $100 1 oz and a $3000 face value 1 kilogram coin. The four smallest sizes feature a new design of two kangaroos ‘boxing’ in the outback with the inscription ‘Australian Kangaroo’ across the top and ‘2010,’ the size and ‘9999 Gold’ across the bottom.
The kilo coin has a classic hopping kangaroo design on its reverse created by Dr. Stuart Devlin, AO CMG goldsmith and jeweller to Queen Elizabeth II of England. All of the coins feature an image of the queen on their obverse designed by Ian-Rank Broadley with the inscriptions ‘Elizabeth II,’ ‘Australia’ and the face value surrounding the portrait.
There is no mintage limit for the kilo coin, but the smaller sizes will be restricted to 350,000 for the 1 oz coins, 100,000 for the 1/2 oz coins, 150,000 of the 1/4 oz coins and 200,000 of the 1/10 oz coins.
With the limited production of these coins, buyers may realize a potential premium over the intrinsic value of the coins, based on their numismatic collectibility.
Also, for protective purposes, all the kangaroo coins will ship in acrylic capsules.
The gold coins are available through The Perth Mint’s distribution network and dealers.
2010 Kangaroo Gold Coins Technical Specifications
Size | 1 Kilo | 1 oz | 1/2 oz | 1/4 oz | 1/10 oz |
Minimum Gross Weight | 1,000.100 gms |
31.112 gms |
15.554 gms | 7.777 gms |
3.111 gms |
Diameter | 75.60 mm | 32.60 mm | 25.60 mm | 20.60 mm | 16.60 mm |
Thickness | 13.90 mm | 2.80 mm | 2.40 mm | 2.00 mm | 1.50 mm |
Face Value | $3,000 AUS | $100 AUS | $50 AUS | $25 AUS | $15 AUS |
Mintage Limit | unlimited | 350,000 | 100,000 | 150,000 | 200,000 |
Gold Content | 32.151 Troy oz |
1 Troy oz |
.5 Troy oz |
.25 Troy oz |
.1 Troy oz |
About the Perth Mint
The Perth Mint, wholly-owned by the State Government of Western Australia, is the official issuer of the Australian Federal Government’s Gold and Silver Bullion Coin Program. The Mint opened in 1899 in response to the discovery of rich gold deposits in Coolgardie and Kalgoorlie. It was Australia’s third branch of Britain’s Royal Mint – the others being the Sydney Mint and the Melbourne Mint (both closed).
The Perth Mint remained under Britain’s jurisdiction until 1 July 1970, when ownership transferred to the State Government of Western Australia.
In 2003, The Perth Mint officially opened an 8,400 square metre state-of-the-art manufacturing facility next door to its original limestone building. Dominating the Mint’s heritage precinct, these two important buildings are powerful symbols of more than 100 years of minting excellence in Western Australia.
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