Product Details


 

The Australian Gold Nugget, also called a Kangaroo, is the traditional gold bullion coin minted by the Perth Mint. Each coin contains 2 troy ounce of gold.

The Gold Nugget series was introduced in 1986. This issue of coins had two unique features: a "two-tone" frosted design effect, and individual hard plastic encapsulation of each coin. These features were unusual for a standard bullion coin and gave the Nugget a unique market niche.

They have legal tender in Australia and are one of the few legal tender bullion gold coins to change their design every year.

Their limited annual mintage may raise their numismatic value over the value of gold used. In each year of issue, the 2 oz Australian Kangaroo 99.99% pure gold bullion coin.


Pricing Details:

Points computation: 1 coin = 20.00 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
3,959.20
63.646
1,979.60
5.09%
5.90%
3
3000.00
3,955.20
63.581
1,977.60
4.98%
5.81%
5
10000.00
3,951.20
63.517
1,975.60
4.87%
5.71%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (2,354.75 USD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 2.0% per annum (Interest: 3.92 USD)
    • 6-month loans at only 3.0% per annum (Interest: 35.32 USD)
    • 12-month loans at only 3.0% per annum (Interest: 70.64 USD)
    • 24-month loans at only 4.0% per annum (Interest: 188.38 USD)


Storage Fees

Duration Fixed Storage Fee
Per Coin
6 months 7.18 USD *
12 months 14.35 USD *
24 months 28.71 USD *
36 months 43.06 USD *
60 months 71.77 USD *

* Stored in multiples of 1 coin and can be collateralized. Any unused storage will be refunded upon sellback or delivery.