Australian Gold Coins: A Guide to History and Value
Gold continues to be one of the most popular investments and valuable metals for people who seek to expand their collections. Perth Mint in Australia is one of the most famous mints in the world to make such gold, as it has been refining and selling gold since 1899. The Perth Mint has been delivering the highest quality Australian gold coins, which are pure, carefully crafted, and in high market demand.
Hop on board as we dive into the fascinating world of Australian gold coins and discover what makes them shine in today’s market!
History of Australian Gold Coins
Australia has two significant mining centers. These have been manufacturing gold coins for investment and collection purposes. The Perth Mint is a state-owned mint that releases its bullion coin series every year. It consists of the popular Lunar Series along with the Australian Gold Kangaroo, Kookaburra, and Koala coins.
While still under the rule of Britain, Australia was discovered to have major reserves of gold and silver, especially in the outback region. To take advantage of this, the Royal Mint of London introduced a minting system all over Australia. The first was the Sydney Mint, which was established in 1855 and ceased operation in 1926. The second one was the Melbourne Mint, which was established in 1872 and closed its doors in 1967. The last of these was the Perth Mint, which started in 1899.
Today, the Perth Mint is one of the oldest mints in operation in Australia and the South Pacific region. Over the years, it has become one of the finest and most reputable refiners and producers of precious metals in the world.
Remarkably, as of 2000, the Perth Mint has refined and produced 3.25% of the world’s total gold supply. While it operates separately from the Royal Australian Mint, its Australian Gold Coins are still considered legal tender under the Currency Act of 1965.
Popular Australian Gold Coins
Here are some of the popular Australian Gold Coins for investment purposes-
Australian Kangaroo Gold Coins
The Australian Kangaroo Gold Coins started in 1986, also known as Australian Nugget at the beginning. The design was revised in 1990 to include a kangaroo, an animal that is considered a symbol of Australia. Annually, a new image of the kangaroo is displayed on the reverse side of the coin while the obverse side features the current British monarch, King Charles III, to replace the images of the previous monarch starting in 2024. They come in sizes that range from 1/20 of an ounce to one kilogram, with coins of 1 oz to 1/20 oz being the most common ones on the market. Further, in 2010, the series launched the 1/2 Gram Mini Roo with a $2 AUD face value for collectors.
Kangaroo gold coins are the best sellers from the Perth Mint and are always sought after by collectors and investors.
Australian Koala Gold Coins
The Australian Koala Gold Coin Series was unveiled in 2008 and quickly became popular among collectors. Each year of the series contains a new adorable design of a koala in its existing space. The series had started with proof strikes only but later continued with both proof and the bullion editions. The sizes produced are 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, and 5 oz, and a BU 1/10 oz version was released in 2023. The obverse of each of these Australian Gold Coins is also the image of the current British monarch, with King Charles III taking place from 2024.
Australian Kookaburra Gold Coins
Like most of the Perth Mint’s programs for its gold coins, the Australian Kookaburra Gold Coin series comes with a distinct Kookaburra of Kingfisher family design for each year of its issue. These coins illustrate the bird in its natural environment with the monarch on the obverse side. After 2020, a 1/10 oz BU coin was annually released, although other sizes like 1/4 oz, 2 oz, and 5 oz have been released in proof variants. The 1/10 oz BU Australian Gold Coins are sold in their own capsule, whilst the bigger proofs come in a presentation case.
Gold Lunar Series
The Perth Mint has a series of gold coins known as the Gold Lunar Series. 9999 pure gold is one of its most famous collections from 2011. Each year’s edition features the lunar animal for that year. These coins are legal tender in Australia and are available in different sizes and weight measurements. The last series was released in 2020 and will run until the year 2031, presenting to the public an opportunity to own both cultural and high-quality Australian Gold Coins.
Benefits of Buying Australian Gold Coins
If you are still in doubt regarding your investment, read these practical benefits-
Beautiful Designs
Known as perfect pieces of artistry, the Australian Gold Coins include some of the unsurpassed designs in the gold bullion class. Every Australian coin is tastefully designed by the Perth Mint and contains Australia’s beautiful wildlife. The Gold Kangaroo, Koala, Kookaburra, and the exquisite Lunar Series offer detailed features that appeal to collectors and investors alike. Their attention to detail enhances their collectibility, making them a prized possession for those who value artistry and craftsmanship in their investments.
High Recognizability and Liquidity
Another advantage of Australian Gold Coins is their very high level of recognition. These coins have large and easily recognizable designs of native Australian animals such as kangaroos and kookaburra birds. This widespread familiarity translates itself into high liquidity. In buying or selling these coins, the fact that they are given a distinctive hallmark makes the transactions easy to conduct. Their versatility makes them an active market commodity and thus in great demand in the precious metals market.
Intrinsic Gold Melt Value
Australian Gold Coins offer more than just beautiful designs; they carry significant intrinsic value due to their .9999 pure gold content. This purity level ensures that even if the numismatic value fluctuates, the coins retain their worth based on the melt value of the gold itself. During volatile economic conditions, this core value gives investors an added guarantee. Because gold content is high, the value of these coins does not erode, and, not depending on the need for collector coins, they can retain their cost.
Conclusion
Discover the allure and value of Australian Gold Coins by purchasing from trusted online dealers like BOLD Precious Metals. These coins have superb designs, are highly recognizable, and consist of pure gold, which makes them a very valuable investment.
Whether you are mesmerized by the elegance of the Kangaroo, Koala, or Lunar series or simply wish to invest in gold in its purest form, BOLD Precious Metals is a perfect fit. Acquire these beautiful coins today to diversify your collection with some Australian flair.