Gold Kangaroo 1/2 Ounce

Gold Kangaroo 1/2 Ounce Coins

The Australian gold Kangaroo was introduced in 1986 as the Gold Nugget by Gold Corp, the operation now known as the Perth Mint. The kangaroo replaced the original nugget imagery on the reverse in 1989, and a new design has been used every year since, making the series unusual among mainstream bullion coins.

The half ounce coin carries the same 999.9 fine gold and legal tender status as the full ounce Gold Kangaroo, and suits investors who want a meaningful amount of gold while keeping the flexibility to sell in smaller parcels.

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 1/2 Ounce Coin Specification

The gold Kangaroo 1/2 ounce 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 1/2 Ounce Price

Gold Kangaroo 1/2 ounce prices are derived from the value of the gold each coin contains. Each gold Kangaroo 1/2 ounce coin weighs 15.55 grams, and is struck to a purity of 24 carat, meaning it contains 15.55 grams of pure gold.

Gold Kangaroo 1/2 ounce 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 1/2 ounce 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 1/2 ounce 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 1/2 ounce prices rise, while a strong pound would see lower prices in the UK.

Our gold Kangaroo 1/2 ounce prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. The gold Kangaroo 1/2 ounce price shown includes fully insured delivery.

Gold Kangaroo 1/2 Ounce Value

Investors often ask what is the value of a gold Kangaroo 1/2 ounce? Australian gold Kangaroo 1/2 ounce coins have a face value of 50 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 1/2 ounce 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 1/2 ounce thanks to the publicly available spot price. The value of a gold Kangaroo 1/2 ounce is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Kangaroo 1/2 ounce 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 1/2 ounce value is to use its gold weight of 15.55 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 1/2 ounce value, to ensure you have an accurate price.

How Much are Gold Kangaroo 1/2 Ounce Coins Worth?

If you are wondering how much are gold Kangaroo 1/2 ounce coins worth, a simple rule of thumb is that a gold Kangaroo 1/2 ounce has 15.55g of pure gold, or 1/2 a troy ounce. If you see the gold price in troy ounces you can therefore work out how much a gold Kangaroo 1/2 ounce is worth quite quickly.