Product Details

Gold Kangaroo Coin - 1 oz

1 troy ounce | 31.1 grams | .9999 Purity Gold

Gold Coin Kangaroo 2019 - 1 oz
#1 By Popularity
3,538 oz sold
(all years combined)
As low as

1,323.55 USD

Tier USD
Tier 1 1,327.55
Tier 3 1,325.55
+300 coins
Tier 5 1,323.55
+1,000 coins

Sellback price: 1,266.75


 

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
Buy/Sell
Spread
1
-
1,327.55
42.682
1,327.55
3.27%
4.58%
3
3000
1,325.55
42.617
1,325.55
3.11%
4.44%
5
10000
1,323.55
42.553
1,323.55
2.96%
4.29%

Storage Fees

Duration Fixed Storage Fee
Per Coin
Fixed Storage Fee
Per Parcel
6 months 3.62 USD * 72.37 USD
12 months 7.24 USD * 144.73 USD
24 months 14.47 USD * 289.47 USD
36 months 21.71 USD * 434.20 USD
60 months 36.18 USD * 723.67 USD

Other Services:

Item Cost Per Coin
Transfer-in and testing 6.61 USD

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