Product of the Week: 2013 Australian Gold Kangaroos


australiangoldOn Oct 1, 2012, the Perth Mint in Australia released the latest issue of a popular Gold bullion series: the 2013 Australian Gold Kangaroo. Much like the previous releases in this series, these Gold Kangaroos are issued as Australian legal tender and guaranteed by the Commonwealth Government of Australia.

The 2013 Australian Gold Kangaroos are offered in sizes of 1/10 oz, 1/4 oz, 1/2 oz and 1 oz, as well as the larger 1 kilo size. The smaller sizes (1/10 oz to 1 oz) have limited mintages of no more than 350,000, depending on size, which gives them high numismatic value. Their worldwide distribution facilitates easy purchase and liquidation, making them good investment pieces, as well.

The Australian Gold Kangaroos have been offered by the Perth Mint since 1989 and are one of the few Gold bullion coins to change its reverse design each year. This year’s issue depicts a kangaroo standing against the Australian outback. The kilo coin differs slightly, in that the image is instead a hopping Red Kangaroo. The “P” mint mark appears on the reverse of each coin, along with the inscriptions “Australian Kangaroo,” the date, size of the coin, and the purity, “9999 Gold.” The obverse of each coin shows the Ian Rank-Broadley likeness of Queen Elizabeth II, as well as the coin’s monetary denomination.

The Perth Mint opened in 1899, originally serving as a branch of Britain’s Royal Mint to help supply Gold sovereigns and half sovereigns, which were used as everyday circulating coins throughout the British Empire. In 1970, control of the mint passed from Britain to the Western Australian Government, which still owns it today.

To add these beautiful coins to your collection or your investment portfolio, shop APMEX’s selection of 2013 Australian Gold Kangaroo bullion coins. APMEX makes it easy to buy Gold by offering competitive Gold prices on all Gold coins and bars.

Click here to view our wide selection of 2013 Australian Gold Kangaroos as well as all previous years of Gold Kangaroos:

 

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