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Coin Details - Australian Nugget

Australian Nugget Bullion Gold Coin
Australian Nugget - Image 1
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Australian Nugget - Image 2
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Description

First produced in 1986, the Australian Gold Nugget / Kangaroo coin is one of the most popular coins created by the Perth Mint in Western Australia. Perhaps the most diverse of any nation's bullion coinage, the Gold Australian Nugget / Kangaroo is minted in eight different sizes from 1/20th of an ounce all the way up to 1-kilogram.

Design

The obverse of the coin features a profile view of the face of Queen Elizabeth II, as designed by Ian Rank Broadley. She is surrounded by her name, the denomination of the coin, and the word "AUSTRALIA".

Gold Australian Nugget Gold Bullion CoinThe design on the reverse originally depicted natural Australian gold nuggets (example right), with different designs for various sizes. The design theme changed in 1989 to feature the most recognizable animal in Australia, the kangaroo (example above). For this reason, the coin is referred to both as an Australian "Nugget" and "Kangaroo".

The Australian Gold Nugget / Kangaroo is currently the only legal tender, pure gold bullion coin to change its design each year and limit its mintage annually. Each size from 1/20th-oz. to 1-oz. receives a new design each year. New designs are introduced each year to the proof coins and these designs are then used for striking the bullion coins the following year.

1-oz. Gold Australian Nugget Reverse Designs
Proof Bullion Design
2005*   20th Anniversary Welcome Stranger Nugget w/ Prospectors and Colored Landscape
2004 2005 Kangaroo - In front of grass tree
2003 2004 2 Hopping Kangaroos
2002 2003 Drinking Kangaroos
2001 2002 2 Kangaroos & Australia
2000 2001 Kangaroo - in grass
1999 2000 2 Hopping Kangaroos
1998 1999 Kangaroo - looking sideways
1997 1998 2 Kangaroos
1996 1997 Landing Kangaroo
1995 1996 Mother Kangaroo & Joey
1994 1995 Red Kangaroo - looking
1993 1994 Whiptail Wallaby
1992 1993 Nailtailed Wallaby
1991 1992 Common Wallaroo
1990 1991 Grey Kangaroo
1989 1990 Red Kanagaroo - jumping
1988   Pride of Australia (nugget)
1987   Poseidon (nugget)
1986 1987-89 Welcome Stranger (largest gold nugget ever found)

* 2005 will be the final issue in the Proof Gold Nugget / Kangaroo series.

Minting Information

Each coin, from the tiny 1/20th-ounce to the massive 1-kilogram, is currently composed of 99.99% pure gold. Australian Nugget / Kangaroo coins enjoy legal tender status courtesy of the Australian Currency Act 1965. This legal tender nature provides additional security to investors and collectors. The production of the Australian Gold Nugget / Kangaroo has proven very beneficial to the nation's mining industry and the coins continue to be favorites among investors.

Detailed Coin Information

Designer: Ian Rank Broadley (obverse), Reverse changes yearly
Composition: 99.99% Gold
Coin Size Face Value Gross Weight Diameter Thickness
1-kg $3,000(Aus)* 1000.100g 74.50mm 13.90mm
10-oz. $1,000(Aus)* 311.067g 59.70mm 7.90mm
2-oz. $200(Aus)* 62.214g 40.40mm 4.00mm
1-oz. $100(Aus) 31.035g 32.10mm 2.65mm
1/2-oz. $50(Aus) 15.5107g 25.10mm 2.20mm
1/4-oz. $25(Aus) 7.7508g 20.10mm 1.80mm
1/10-oz. $15(Aus) 3.1103g 16.10mm 1.40mm
1/20-oz. $5(Aus) 1.5710g 14.10mm 1.30mm
Dates: 1986-present (1-, '-, '-, 1/10-oz.); 1989-present (1/20-oz.); 1991-97 (2-oz.); 1991-99 (10-oz., 1-kg)
Mint: Perth

* In 1991, the 2-oz., 10-oz. and 1-kg nugget had face values of $500, $2,500 and $10,000 respectively.

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