Product Details


      

 

THE KANGAROO GOLD COIN 2015 - 1 OZ

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 two unique features: a "two-tone" frosted design effect, and individual hard plastic encapsulation of each coin began from 1987 until today. These features were unusual for a standard bullion coin and gave the Nugget a unique market niche.

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 : 31.1g
  • Fineness : .9999 Pure Gold
  • Type : Minted
  • Manufacturer : Perth Mint
  • Country of Origin : Australia
  • Certificate : Not Provided
  • Obverse (Front) : The effigy of Queen Elizabeth II by Ian Rank-Broadley in the center of the coin. In the circular border of the coin, the words “Elizabeth II and Australia” are highlighted. At the bottom of the coin, the legal tender value of the 1 oz gold coin is indicated, which is 100 Australian Dollars.
  • Reverse (Back) : Depicts a bounding kangaroo in the Australian outback, illuminated by the moon. Also included are the inscriptions "Australian Kangaroo," the "P" mint mark, date, purity and weight

Pricing Details:

Points computation: 1 coin = 25.00 points

Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
1
-
15,794.41
507.802
15,794.41
3.00%
3.45%
2
600
15,788.13
507.600
15,788.13
2.96%
3.41%
3
1200
15,781.85
507.398
15,781.85
2.92%
3.37%
4
2000
15,775.57
507.196
15,775.57
2.88%
3.33%
5
5000
15,769.28
506.994
15,769.28
2.84%
3.29%