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Gold Kangaroo 10oz
Buy gold Kangaroo 10oz coins from BullionByPost. The Perth Mint are unique in producing much larger versions of their bullion coins in larger numbers than most other mints. These 10oz gold Nugget coins are one such example, providing investors and collectors the opportunity to own one of these exceptional coins in a much larger size than typically seen. Their limited mintage does make them something of a collectable still however.
Each 10oz gold Nugget coin (also known as the gold Kangaroo) is 24 carat gold, with a face value of 1000 Australian Dollars. Prices shown include free, fully insured delivery.
1994 10oz Australian Kangaroo Gold Nugget Coin
from £34,648
2009 10oz Australian Kangaroo Gold Nugget Coin
from £34,648
Gold Kangaroo 10oz Coins
The Perth Mint has produced the Australian gold Kangaroo since 1986, when it was launched as the Gold Nugget, and the kangaroo has featured on the reverse since 1989 with a new design each year. The series is struck in 999.9 fine gold and carries Australian legal tender status.
The 10oz coin is one of the largest formats in the range and is aimed squarely at investors buying in volume, offering a much lower premium per gram than the smaller sizes while still carrying the annual Kangaroo design.
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 10oz Coin Specification
The gold Kangaroo 10oz 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 10oz | Specification |
|---|---|
| Purity | 24 carat |
| Fineness | 999.9 |
| Gold content | 311.03g |
| Total weight | 311.03g |
| Diameter | 59.7mm |
| Face value | 1,000 Australian Dollars |
Gold Kangaroo 10oz Price
Gold Kangaroo 10oz prices are derived from the value of the gold each coin contains. Each gold Kangaroo 10oz coin weighs 311.03 grams, and is struck to a purity of 24 carat, meaning it contains 311.03 grams of pure gold.
Gold Kangaroo 10oz 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 10oz 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 10oz 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 10oz prices rise, while a strong pound would see lower prices in the UK.
Our gold Kangaroo 10oz prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. The gold Kangaroo 10oz price shown includes fully insured delivery.
Gold Kangaroo 10oz Value
Investors often ask what is the value of a gold Kangaroo 10oz? Australian gold Kangaroo 10oz coins have a face value of 1000 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 10oz 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 10oz thanks to the publicly available spot price. The value of a gold Kangaroo 10oz is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Kangaroo 10oz 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 10oz value is to use its gold weight of 311.03 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 10oz value, to ensure you have an accurate price.
How Much are Gold Kangaroo 10oz Coins Worth?
If you are wondering how much are gold Kangaroo 10oz worth, a simple rule of thumb is that a gold Kangaroo 10oz has 311.03g of pure gold, roughly 10 troy ounces. If you see the gold price in troy ounces you can therefore work out how much a gold Kangaroo 10oz is worth quite quickly.
