Product Details


The Australian Gold Nugget, also called a Kangaroo, is the traditional gold bullion coin minted by the Perth Mint. Each coin contains 1 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 1 oz Australian Kangaroo 99.99% pure gold bullion coin is subject to a maximum mintage restriction of 350,000.


Pricing Details:

Points computation: 1 coin = 10.00 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
2,046.30
65.790
2,046.30
4.87%
5.28%
3
3000.00
2,044.30
65.726
2,044.30
4.77%
5.19%
5
10000.00
2,042.30
65.661
2,042.30
4.66%
5.09%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (1,219.56 USD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 2.3% per annum (Interest: 2.29 USD)
    • 6-month loans at only 2.8% per annum (Interest: 16.77 USD)
    • 12-month loans at only 4.0% per annum (Interest: 48.78 USD)
    • 24-month loans at only 5.0% per annum (Interest: 121.96 USD)


Storage Fees

Duration Fixed Storage Fee
Per Coin
Fixed Storage Fee
Per Parcel
6 months 3.62 USD * 72.44 USD
12 months 7.24 USD * 144.87 USD
24 months 14.49 USD * 289.75 USD
36 months 21.73 USD * 434.62 USD
60 months 36.22 USD * 724.37 USD

Other Services:

Item Cost Per Coin
Transfer-in and testing 1.65 USD

* Stored in multiples of 20 coins and can be collateralized. Any unused storage will be refunded upon sellback or delivery.