The Australian Gold Kangaroo is also known as the Gold Nugget. It is one of the world’s purest minted gold bullion coins. The Gold Nugget began production in 1986 and is minted by the Gold Corporation, which is owned by the Western Australia government.
The first several versions of the Gold Nugget design depicted gold nuggets on the reverse, giving the coin its name.
In 1990, the reverse design was altered to feature one of the 60 different species of the Australian kangaroo, changing every year. For this reason, the coin is now referred to as the Gold Kangaroo coin.
The gold Kangaroo is one of two coins that change their design every year. The other is the Chinese gold Panda.
Each coin has a two-tone frosted design, giving it a unique look and adding both to its rarity and numismatic value. Additionally, each coin is covered in a hard plastic shell for extra protection, helping to retain its aesthetic qualities and warrant high numismatic grading.