Gold Kangaroo 2oz

Gold Kangaroo 2oz Coins

The Australian gold Kangaroo has been produced by the Perth Mint since 1986, originally as the Gold Nugget, with the kangaroo taking over the reverse in 1989. A new design is used every year, which sets the series apart from most other mainstream bullion coins.

The 2oz coin sits between the widely traded one ounce size and the large 10oz and 1kg formats, offering a lower premium per gram than the one ounce coin while remaining easy to store and transport.

The full range, from the half gram Mini Roo up to the one kilo coin, is listed on our Gold Kangaroo page.

Like all investment grade gold, these coins are exempt from VAT, so the price you pay reflects the gold content and a small premium rather than being inflated by sales tax.

Gold Kangaroo 2oz Coin Specification

The gold Kangaroo 2oz coin is an Australian gold coin struck by the Perth Mint in 999.9 fine gold, the purity the series has used since it began in 1986. A coin from any year therefore holds the same amount of gold for its size.

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 62.2 grams, and is struck to a purity of 24 carat, meaning it contains 62.2 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 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. The gold Kangaroo 2oz price shown includes fully insured delivery.

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 coin's 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 a 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 62.2 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.