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This random year Australian Gold Kangaroo 1/2 oz coin was produced by the Royal Australian Mint (RAM) in Canberra, Australia. Each coin contains 1/2 troy oz of 999.9 fine gold and has a face value of 50 AUD.
Unlike The Perth Mint Gold Kangaroo series, which features a changing kangaroo design each year, Royal Australian Mint Gold Kangaroo bullion coins retain the same primary obverse and reverse designs across applicable years. The Royal Australian Mint Gold Kangaroo bullion series was first struck in 2016.
The Royal Australian Mint is Australia’s sovereign mint and is responsible for producing the country’s circulating coinage, as well as commemorative, collectible and investment coins. Established in Canberra in 1965, the Mint played an important role in Australia’s transition to decimal currency in 1966 and has since produced numerous coins celebrating Australia’s history, culture and native wildlife.
Containing 999.9 fine gold and featuring an iconic Australian kangaroo design, the Royal Australian Mint Gold Kangaroo provides investors and collectors in Singapore with another option for owning investment-grade physical gold produced by Australia’s sovereign mint.
Product Details:
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Points computation: 1 coin = 10.00 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Price | 2,908.29 SGD | 2,907.01 SGD | 2,905.73 SGD |
| Price/Gram | 187.01 SGD | 186.93 SGD | 186.84 SGD |
| Price/oz | 5,816.58 SGD | 5,814.02 SGD | 5,811.46 SGD |
| Percentage Over Spot (ASK PRICE) | 8.58% | 8.53% | 8.49% |
| Buy/Sell Spread | 8.39% | 8.35% | 8.30% |