Gold Kangaroo 1kg

Gold Kangaroo 1kg Coins

Introduced in 1986 as the Australian Gold Nugget and redesigned around the kangaroo in 1989, the Perth Mint's flagship bullion series is struck in 999.9 fine gold and changes design every year.

The one kilo coin is the largest format the Mint produces in the range. Holding just over 32 troy ounces of gold, it carries the lowest premium per gram of any size in the series, and is bought almost exclusively by investors making a substantial single purchase.

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 1kg Coin Specification

The gold Kangaroo 1kg 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 1kg Price

Gold Kangaroo 1kg prices are derived from the value of the gold each coin contains. Each gold Kangaroo 1kg coin weighs 1000 grams, and is struck to a purity of 24 carat, meaning it contains 1000 grams of pure gold.

Gold Kangaroo 1kg 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 1kg 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 1kg 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 1kg prices rise, while a strong pound would see lower prices in the UK.

Our gold Kangaroo 1kg prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. The gold Kangaroo 1kg price shown includes fully insured delivery.

Gold Kangaroo 1kg Value

Investors often ask what is the value of a gold Kangaroo 1kg? Australian gold Kangaroo 1kg coins have a face value of 3000 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 1kg 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 1kg thanks to the publicly available spot price. The value of a gold Kangaroo 1kg is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Kangaroo 1kg 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 1kg value is to use its gold weight of 1000 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 1kg value, to ensure you have an accurate price.

How Much are Gold Kangaroo 1kg Coins Worth?

If you are wondering how much are gold Kangaroo 1kg worth, a simple rule of thumb is that a gold Kangaroo 1kg has 1000g of pure gold, roughly 32.15 troy ounces. If you see the gold price in troy ounces you can therefore work out how much a gold Kangaroo 1kg is worth quite quickly.