The Perth Mint today launched the 2010 Australian Kangaroo Gold Coin Series, continuing its tradition of producing gold bullion coins with an image of Australia's famous marsupial. This basic kangaroo concept started in 1990, with design variations changing yearly on most of the coins.
Considered legal tender under the Australian Currency Act of 1965, these coins are all 99.99% pure gold, guaranteed by the Australian government for weight and purity.
The Kangaroo series is available in five different sizes: a $15 face value 1/10 oz coin, a $25 1/4 oz coin, a $50 1/2 oz, a $100 1 oz and a $3000 face value 1 kilogram coin. The four smallest sizes feature a new design of two kangaroos 'boxing' in the outback with the inscription 'Australian Kangaroo' across the top and '2010,' the size and '9999 Gold' across the bottom.
The Perth Mint has pulled away the curtains to unveil the new and unique 2009 Australian Kangaroo gold coin design. The Australian Government official, legal tender bullion coins are struck in 99.99% pure gold, carry a guarantee in weight and purity, and include eight fractional sizes with two different reverse designs.
The series of 8 coins are minted for both investors and collectors and will be released October 1, 2008 for worldwide distribution.
The obverse or heads side of the gold coins depict Ian Rank-Broadley's effigy of Her Majesty Queen Elizabeth II.
The 1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz reverse design portrays a kangaroo with a 'joey' in its pouch with a representation of the Southern Cross constellation and the seven-pointed Commonwealth Star in the background.