|Weight:||Spot Price:||Buy Price:|
|1.00 oz||£ 1,606.97||£ 1,677.68|
Australian 1 oz Gold Kangaroo Coins
Buy Australian Gold Coins
The Australian Kangaroo Gold Coins and silver bullion coins were first minted by the Perth Mint of Western Australia in 1987. The Gold Kangaroo or Nugget as it was first known is a 99.99% pure gold bullion coin. It has become a favorite gold bullion coin among both collectors and investors in the UK, throughout the Commonwealth, and internationally.
New to Gold Coins? Read more here: What are Gold Coins?
What are the Benefits of the Gold Australian Kangaroo Coins?
- Gold Kangaroo contains 1 ounce of 0.9999 pure gold
- Perth Mint mints coins - one of the leading & largest mints and refiners in the world
- Legal tender coin backed by the Western Australian government
- VAT free in the UK and the EU
- Competitive pricing and premiums
- Portable, internationally liquid form of financial insurance
How to Buy Australian Gold Coins?
To Buy Australian Gold coins is an easy and simple process. You can buy them online for Delivery or Storage using the BUY button or you can call our office to place your order over the phone.
We sell Australian 1 oz Gold kangaroo coins and all major bullion coin and bar bullion formats and you can pay by bank wire, credit card, or debit card.
We make a market in Kangaroos and offer fully insured delivery to our British clients throughout the UK - in England, Wales, Scotland, and Northern Ireland - from our depository partner vaults in London and Zurich.
Insured delivery of Gold Australian Kangaroo Coins, including monster boxes, to homes or offices is also popular and many clients do both - take delivery of some Gold Kangaroos and own the rest in Secure Storage.
Many of our UK clients opt to store their Gold Kangaroos in fully insured, offshore Secure Storage jurisdictions. We specialize in offering British and international clients access to allocated and segregated bullion storage in secure non-bank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, and Singapore.
Read our similar blog on: How to buy Gold Coins?
What is the price of an Australian Kangaroo Gold Coin?
The price of Australian 1 oz gold kangaroo coins is shown in the upper right section of this page. The price of a 1 oz Gold Kangaroo is calculated using three components:
- The gold spot price, the weight and purity of gold, and the gold premium.
- The gold premium is the percentage adjustment that is added or deducted from the gold spot price depending on whether a gold buyer is buying (add premium) or selling (deduct premium).
- The gold premium of Gold Kangaroos is determined by the costs of production, refining, fabrication, minting, and the logistics of making the gold coins available for sale in the UK. The price of a Gold Kangaroo is also impacted by supply and demand and the amount of gold being bought.
In order to determine the price of Australian Kangaroo Gold, simply multiply the spot price of gold by the number of gold troy ounces in the coin (1 ounce) and then add or subtract the current premium for the coin or coins. GoldCore’s premiums on Kangaroos are competitive at between 3.5% and 5%.
The value of a Gold Kangaroo is that they are a competitively priced, highly popular, and portable store of value that is very liquid. They are a valuable, potentially invaluable form of financial insurance. They are one of the best ways for gold buyers and investors to own physical gold. They act as a hedge and protect British gold buyers from domestic and international financial and monetary risks.
|£ 1,000 - £ 40,999||£ 1,677.68||4.40%|
|£ 41,000 - £ 81,999||£ 1,672.96||4.11%|
|£ 82,000 - £ 202,999||£ 1,666.36||3.70%|
|£ 203,000 - £ 405,999||£ 1,660.71||3.34%|
|£ 406,000 - £ 811,999||£ 1,656.94||3.11%|
|£ 812,000 +||£ 1,654.11||2.93%|
The History of Australian Kangaroo Gold Coins
In 1987, the year of the last Wall Street crash, The Perth Mint introduced the Australian Kangaroo gold coin 1 oz. The Perth Mint is entirely owned and backed by the Western Australian Government.
The first release featured an image of the world’s largest gold nugget, the 2,284 oz ‘Welcome Stranger’ nugget, which was found in Victoria in 1869. For the next three years, other significant natural nuggets were showcased on this unique program.
Since 1990, the Australian Nugget has carried different portraits of the uniquely Australian animal – the kangaroo – and as a result, it has become known as the Australian Kangaroo.
The Australian Kangaroo Gold Coins coins now feature a new design of Australia’s most famous marsupial – the kangaroo – each year. The only exception is the large 1 kilo size release, which maintains a classic kangaroo design created by Dr Stuart Devlin, AO, CMG, goldsmith and jeweller to Her Majesty Queen Elizabeth II. This and the reasonably limited mintage adds a degree of collectibility to Kangaroo Gold Coins.
The Perth Mint is fully owned by the Western Australian state government. The mint operates Australia’s largest gold refinery and one of the world’s largest gold refineries. It also mints legal tender gold and silver coins on behalf of the Australian Commonwealth Government, and a range of silver and gold bar products.
The Perth Mint refinery is on the LBMA’s good delivery list for both gold and silver good delivery bars, and on the CME’s Comex approved refinery list for gold bars.
GoldCore only sells gold coins from trusted government mints such as The Royal Mint, The Austrian Mint, The U.S. Mint, The South African Mint, The Royal Canadian Mint, and The Perth Mint.
Why Buy Australian Gold Coins?
To Buy Australian Gold coins are an attractive alternative to other bullion products. The range of bullion coins issued by The Perth Mint offers investors and collectors a range of features that combine to add value to their precious metals, making each series of these beautiful gold coins a firm favorite.
Whether you decide to take possession of your precious metals or have them stored safely on your behalf with a secure third party, Gold Kangaroos are an excellent bullion coin to own.
Australian Gold Kangaroos or Nuggets typically command premiums of between 4% and 5% with GoldCore which offer some of the most competitive premiums for both delivery in the UK and for secure international storage.