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The 2020 1-ounce Gold Kangaroo Coin from the Perth Mint is a stunning design that highlights its 99.99% pure gold content. This brilliant coin is considered legal tender by the Australian government and has a face value of $100 AUD. A series that began in 1986, the 2019 coin marks the 35th year of production for one of the Perth Mint’s most popular coin series. With its high gold content and legal tender status, the 1-ounce Gold Kangaroo Coin is an excellent way to diversify an investment portfolio.
The history of the Gold Kangaroo originates in 1986 when it was first introduced by the Gold Corporation (today’s Perth Mint) as the Australian Gold Nugget due to its depiction of an Aussie lump of gold on its reverse face. In 1989, the reverse image was replaced by a more iconic Australian image, the red kangaroo, intended to celebrate Australia’s most famous marsupial. Every year since 1999, the coin design is updated, promoting collectability because of each year’s unique characteristics.
The reverse side of the 2020 coin portrays two kangaroos amid a stand of xanthorrhoeas – known more simply as grass trees. Through its archetypal combination of native flora and fauna, the design epitomises the remote beauty and fascination of the Australian outback. Etched over the top half of the coin are the words “AUSTRALIAN KANGAROO.” The bottom half of the coin is engraved with the year of production “2020”, the coin’s weight “1 oz”, and the coin’s metal content ”9999 GOLD”. Just above the grassy hill, investors can find the Perth Mint’s traditional “P” mintmark.
The obverse side of the coin features the sixth portrait of Her Majesty Queen Elizabeth II to appear on Australian coins since 1952 shows the Queen wearing the Royal Diamond Diadem, recalling the Raphael Maklouf portrayal adopted in 1985. Each coin is issued as Australian legal tender, which is signified for the first time by the new Jody Clark effigy of the current monarch on its obverse. Also depicted are the coin’s monetary denomination “100 DOLLARS” as well as the words “AUSTRALIA” and “ELIZABETH II”. The royal crown is gently nestled into the Queen’s wavy golden hair, and every individual facial feature from her eyebrows to her lips to her nose are sculpted in perfect likeness. The imagery of the Queen is common to all Australian coinage and indicates the backing of the Australian government.
A 1-kilogram Australian Gold Kangaroo is 75.6 mm in diameter and 13.9 mm thick.
A 1-ounce Australian Gold Kangaroo is 32.6 mm in diameter and 2.8 mm thick.
A 1/2-ounce Australian Gold Kangaroo is 25.6 mm in diameter and 2.4 mm thick.
A 1/4-ounce Australian Gold Kangaroo is 20.6 mm in diameter and 2 mm thick.
A 1/10-ounce Australian Gold Kangaroo is 16.6 mm in diameter and 1.5 mm thick.