Product Details


THE KANGAROO GOLD COIN 2008 - 1/2oz

The Gold Kangaroo offers an unrivaled combination of quality and fascinating wildlife design, which brings this Gold bullion coin series to life. The Gold Kangaroo series was originally the Gold Nugget series minted by the Perth Mint, beginning in 1986. The reverse images featured various Gold Nuggets from 1986 to 1989, until the design was changed in 1989 to feature the kangaroo, which was more symbolic of Australia. Minted in denominations of 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz and 1 kilo sizes, these coins have legal tender status in Australia. A significant appeal for collectors is the fact that the designs of these beautiful coins change each year, differentiating them from many other popular Gold sovereign coins.

The kangaroo is the most instantly recognizable wildlife symbol of Australia. The world's largest marsupial, females carry their infants around in their pouch for two months after being born. These young kangaroos, called joeys, will stay close to their mothers until about eight months of age. Red Kangaroos hop along on their powerful hind legs and do so at tremendous speed and with incredible grace. In fact, a red kangaroo can reach speeds of over 35 miles per hour! Their massive gait allows them to cover 25 feet in a single leap. The male kangaroos are larger than the females, and sometimes fight over potential mates by leaning back on their tails and boxing each other with their strong hind legs.

KEY HIGHLIGHTS:

  • Weight : 15.55g
  • Fineness : .9999 Pure Gold
  • Type : Minted
  • Manufacturer : Perth Mint
  • Country of Origin : Australia
  • Certificate : Not Provided
  • Obverse: Features right-facing profile of Queen Elizabeth II, along with the monetary denomation by Ian Rank-Broadley
  • Reverse: Features a hopping rec kangaroo with a joey in her pouch and grass beneath, designed by Dr. Stuart Devlin
  • Sovereign coin backed by the Australian government.
  • Light marks are visible on the coin.

Pricing Details:

Points computation: 1 coin = 16.00 points

Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
1
-
7,517.50
483.386
15,035.00
6.27%
6.32%
2
600
7,514.33
483.183
15,028.66
6.23%
6.28%
3
1200
7,511.16
482.979
15,022.32
6.18%
6.24%
4
2000
7,507.99
482.775
15,015.98
6.14%
6.20%
5
5000
7,504.82
482.571
15,009.64
6.09%
6.16%