Product Details

THE KANGAROO GOLD COIN 2016 - 1/4 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 : 7.78g
• Fineness : .9999 Pure Gold
• Type : Minted
• Manufacturer : Perth Mint
• Country of Origin : Australia
• Certificate : Not Provided
• Obverse (Front) : The effigy of Queen Elizabeth II in the centre of the coin was designed by Ian Rank-Broadley. His initials, "IRB," are inscribed on this side 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 1/10 oz gold coin is indicated, which is 15 Australian Dollars.
• Reverse (Back) : Features a resting kangaroo with a silhouette of another kangaroo in the background, was likely created by one of the Perth Mint's unnamed artists. The Perth Mint has frequently used in-house designers for this annually changing series. Also included the inscription “Australian Kangaroo”, the “P” mint mark, the year, purity and weight

Pricing Details:

Points computation: 1 coin = 4.00 points