Kangaroo 1/2 oz Gold Coin 2016
Perth Mint
Founded in 1899 in Perth, Australia. The Perth Mint holds the world record to mint the biggest gold coin with 1012 kg. Globally loved by investors for their high quality and wide range of investment and collectors coins.
The 1/2 oz gold Australian Kangaroo is one of the most popular fractional gold coins in Australia. The Kangaroo gold coin series is also one of the purest gold coins in the world with a fineness of 999.9/1000.
The Australian Kangaroo has had it’s official name since 2008. The original series was called the Australian Gold Nugget. The Gold Nugget series was introduced in 1986 by Gold Corporation, a company wholly owned by the government of Western Australia, more commonly known by it’s trading name The Perth Mint.
Dimensions
The fractional Kangaroo gold coins series comes in 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz. Fractional gold coins provide flexible price points for those investors who want to gain exposure to gold.
The key dimensions of the 1/2 gold Kangaroo are listed below:
| Size | Feingewicht | Thickness | Diameter | Nennwert |
|---|---|---|---|---|
| 1/2 Unze | 15.55 g | 2.20 mm | 25.10 mm | 50 AUD |
History
The Perth Mint was originally established as a branch of the Royal Mint to produce gold Sovereigns for the British in the late 1800’s. The Perth Mint is one of the oldest and most respected mints in the world.
The perth Mint also guarantees that each coin contains the stated gold purity and weight stamped on the coin. The Kangaroo is known for the detail and beauty of the design as well as the high level of gold purity.
One of the more interesting features of the Kangaroo gold coin is that the design changes every year. Never relying on the same design from year to year is a unique feature of the Kangaroo and the Perth Mint.
This tends to promote more interest in the Kangaroo series of gold coins. Gold Kangaroo’s are therefore popular amongst investors and collectors around the world.
Appearance and Design
The front of the coin features an image of Queen Elizabeth II, which was designed by Ian Rankbroadley. The portrait of the Queen along with her name “Elizabeth II”, the country of origin “ Australia” and the face vale of the coin are featured.
The reverse of the 2016 1/2 oz gold Kangaroo depicts an image of an adult Kangaroo. Also visible in the background is the shadow of another Kangaroo. The engravings at the top of the coin include “Australian Kangaroo” and at the bottom, the year of issue along with the weight and gold purity are listed.
Advantages
The 1/2 oz. Kangaroo gold coin provides investors with a coin that has both exceptional purity and quality. With a fineness of 999.9/1000 pure 24 karat gold, the Kangaroo is one of the purest gold coins on the market.
It should be noted that gold is a very soft material and therefore pure gold coins can be susceptible to surface scratches. As a result, Kangaroo’s should be handled with care and kept in their protective cases.
Another benefit of the Kangaroo is the global brand recognition that the coin carries. The Perth Mint is famous for producing top quality and globally recognized coins. Therefore, the Kangaroo is very liquid and can be bought and sold at most reputable precious metals dealers around the world.
Many gold coin designs are very similar from year to year. Another benefit of the Kangaroo is the detailed and varied coin designs. Never relying on the exact same design is one of the unique ways the Perth Mint creates such a high level of interest in their coins.
The 2016 1/2 oz gold Kangaroo also meets all of the criteria for classification as a bullion coin. As a result, the Kangaroo is exempt form VAT. The criteria for VAT exemption is listed on the 1 oz gold Kangaroo gold product description.
Design Features & Facts
- From 1986 to 1988 the design of the coins featured the famous nugget that was found in Australia.
- From 1989 the image of the Kangaroo was introduced.
- In 2008 the name “nugget” was removed from the gold coins and replaced with name “Australian Kangaroo”
Product details
- Manufacturer: Royal Perth Mint
- Country of origin: Australia
- Karat: 24 K
- Gold: 99.9%
- Purity: 999.9/ 1000
- Alloy: Gold
- Weights: 1 oz, 1/ 2 oz, 1/ 4 oz, 1/ 10 oz, 1/ 20 oz, 0.5 g
- Scratch resistance: poor
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | Australia |
| Manufacturer | Perth Mint |
| Series | Australian Kangaroo |
| Purity | 999.9/1000 |
| Fineweight | 15.55 gram |
| Gross Weight | 15.55 gram |
| Denomination (oz) | 1/2 oz |
| Year of issue | 2008 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 50 AUD |
| Thickness | 2.40 mm |
| Diameter | 25.60 mm |
| Mintage | 15530 |
| Packaging | single in capsule |
| Packaging Unit | 20 per roll |
| Large Packaging 2 | 100 per box |