Australian Nugget Gold Coins: Worth The Investment?
These pieces of currency were first created in 1986 by the Perth Mint. They were first introduced by The Gold Corporation, which is solely owned by their government. They have since turned out to be one of the most popular on the market. Since they are made of 99. 99 percent pure gold, you will want to buy Australian Nugget gold coins.
One side features a profile view of Queen Elizabeth's face. She remains the unchanging feature. On the opposite, the original coins had pictures of famous Australian gold nuggets. The specific ones, varied according to size. They images were of them in their natural, found forms. This design plan was followed from 1986 up to 1989.
In 1989 the theme changed and they now display the best known Aussie animal, the kangaroo. These coins have become famous all over the world. They are the only legal tender, made of gold bullion, to feature annually changing images. This makes them unique as well as valuable.
For example, in 1989, the proof showed a jumping red kangaroo. In 1994, he was on it, again, but just looking at something. For the year 1995, they showed a mother and her joey. Drinking kangaroos were featured in 2002. The proof designs were used to strike the ones for the following year.
Also commonly referred to as The Kangaroo, these 24 carat treasures have been minted in various denominations. You can find them in anything from 1/20 ounces up to 10 ounces and even a full kilogram. The images, however, do not change on the 10 ounce and 1 kilogram values. They have remained the same since the first minting.
The values are also quite impressive. Though the 1/20 ounce starts at just around $5 (Aus), the 10 ounce is $1,000 (Aus). The one kilogram choice is valued at $3,000 (Aus). Being legal tender, as well as having collector value, means they are definitely a worthwhile investment.
You will want to make sure you do not confuse these with the Lunar Gold Bullion, also on the market. They are both done by the same mint and at 99. 99 percent purity, but are quite different. The Lunar ones show animals from the Chinese calendar, not kangaroos.
With such great images on each one and an incredible value, you should buy Australian Nugget gold coins. They are well worth your investment. The changing kangaroo images are sure to keep delighting people for years to come. Gold is also something that only increases in worth as time goes by.
