The worldwide launch of the bullion 2011 Kangaroo Gold Coins will begin on Tuesday, September 14, 2010, The Perth Mint of Australia has announced.
The 99.99 percent pure gold coin series is one of the most popular offerings from the Mint, featuring varying sizes, limited mintages and annual changing designs.
"A fresh new interpretation of Australia’s most famous native animal appears on the 2011 Australian Kangaroo" in the 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce sizes, states the Mint.
These gold coins have respective face values or denominations of $100, $50, $25 and $15. The reverse or tails side design depicts a kangaroo superimposed on the rays of a rising sun. Inscriptions include ‘AUSTRALIAN KANGAROO’, ’2011′, the weight in ounces, ’9999 GOLD’ and the Perth Mint ‘P’ mint mark.
The biggest 1 kilo Kangaroo Gold Coin has a face value of $3000 and continues to feature the classic design by Dr Stuart Devlin AO CMG, goldsmith and jeweler to Her Majesty Queen Elizabeth II. It includes the same inscriptions as the smaller coins, plus ‘RED KANGAROO’ beneath the portrait of the jumping kangaroo.
The obverse or heads side design for all the kangaroo coins feature the same portrait of Queen Elizabeth II, plus the inscriptions of their face value, ‘ELIZABETH II’, and ‘AUSTRALIA’.
Mintage limits and specifications remain the same as prior years, and are listed in the following table:
2011 Kangaroo Gold Coin Specifications
|Size||1 kilo||1 oz||1/2 oz||1/4 oz||1/10 oz|
|Minimum Gross Weight (g)||1,000.100||31.112||15.554||7.777||3.111|
|Face Value (AUD)||$3,000||$100||$50||$25||$15|
|Gold Content (Troy oz)||32.151||1||.5||.25||.1|
Each bullion coin carries an Australian Government guarantee of weight and purity, and are considered legal tender under the Australian Currency Act of 1965.
About The Perth Mint of Australia
The Perth Mint (http://www.perthmint.com.au/), wholly-owned by the State Government of Western Australia, is the official issuer of the Australian Federal Government’s Gold and Silver Bullion Coin Program. The Mint opened in 1899 in response to the discovery of rich gold deposits in Coolgardie and Kalgoorlie. It was Australia’s third branch of Britain’s Royal Mint — the others being the Sydney Mint and the Melbourne Mint (both closed).
The Perth Mint remained under Britain’s jurisdiction until 1 July 1970, when ownership transferred to the State Government of Western Australia.
In 2003, The Perth Mint officially opened an 8,400 square metre state-of-the-art manufacturing facility next door to its original limestone building. Dominating the Mint’s heritage precinct, these two important buildings are powerful symbols of more than 100 years of minting excellence in Western Australia.