Gold Kangaroo 2oz
Buy gold Kangaroo 2oz coins from BullionByPost. The gold Nugget coin, also known as the Kangaroo, is one of Australia's most popular bullion investment coins. These 2oz gold Nugget coins offer investors a chance to own a larger scale version of this popular coin. Released in limited mintages they are an unusual size of gold bullion coin, and have become more of a collectable.
Due to the design changing to a Kangaroo after 1989 they are unofficially known as gold Kangaroo coins. All of the 2oz gold Nugget coins are struck with 62.2 grams of pure 999.9 gold. Prices shown include free, fully insured delivery.
Gold Kangaroo 2oz Price
Gold Kangaroo 2oz prices are derived from the value of the gold each coin contains. Each gold Kangaroo 2oz coin weighs 62.2g grams, and is struck to a purity of 24 carat, meaning they contain 62.2g grams of pure gold.
Gold Kangaroo 2oz prices can vary thanks to the coin's history and numismatic appeal, with certain years or designs being particularly desirable with collectors. The price of a new gold Kangaroo 2oz coin will typically be based on today's gold price, with a small premium to cover the cost of manufacturing and supply of the coin. Older or rare gold Kangaroo 2oz coins can cost considerably more than the UK gold price. With the global price of gold being primarily calculated in dollars, periods in which is the pound is weak versus the dollar will see UK gold Kangaroo 2oz prices rise, while a strong pound would see lower prices in the UK.
Our gold Kangaroo 2oz prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. Investment gold is VAT-free, and the gold Kangaroo 2oz price shown includes fully insured delivery.
Gold Kangaroo 2oz Coin Specification
The gold Kangaroo 2oz coin is a Australian gold coin manufactured by the Perth Mint. Australian gold Kangaroo 2oz coins weigh 62.2g with a diameter of 40.4mm. Gold Kangaroo 2oz coins are manufactured from 24 carat gold.
Gold Kangaroo 2oz Value
Investors often ask what is the value of a gold Kangaroo 2oz? Australian gold Kangaroo 2oz coins have a face value of 200 Australian Dollars. It is important to note that the face value is a nominal amount that has no bearing on the actual value of the coin. As mentioned, the gold Kangaroo 2oz coins main value can usually be worked out based on the current gold price. It is this simplicity that makes gold bullion coins appealing. They are bought and sold based on their intrinsic metal value without having to worry about any numismatic value and more complicated selling process.
You can always find a simple benchmark value for a gold Kangaroo 2oz thanks to the publicly available spot price. The value of a gold Kangaroo 2oz is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Kangaroo 2oz might command a further premium. A lower mintage, or special design could see their value increase beyond their metal content.
The easiest way to work out a gold Kangaroo 2oz value is to use its gold weight of 62.2g grams and multiply that by the current gold spot price in grams. As a coin with a purity of 999.9 fineness, it's important to calculate the 24 carat gold Kangaroo 2oz value, to ensure you have an accurate price.
How Much are Gold Kangaroo 2oz Coins Worth?
If you are wondering how much are gold Kangaroo 2oz worth, a simple rule of thumb is that a gold Kangaroo 2oz has 62.2g of pure gold, roughly 2 troy ounces. If you see the gold price in troy ounces you can therefore work out how much a gold Kangaroo 2oz is worth quite quickly.