Homepage / Bullion Coins: Australian Coin / 1/4 oz. Australian Gold Kangaroo
Updated on 03/30/2024
The Gold Australian Kangaroo (Nugget) bullion coin is one of the Perth Mint's most popular coins.
In 1986, when the bullion coin was introduced, it was called The Australian Nugget gold bullion coin, and the reverse side of each individually sized coin had the design to itself of a large gold nugget found in Australia.
For example, in its first three years, the 1/4 oz. Gold Nugget bullion coin had on its reverse side the design of the "Golden Eagle" nugget, discovered in Australia in 1931.
Then, in 1990, The Australian Nugget's reverse side of the coin was redesigned to feature an "Australian Kangaroo."
Oddly, even though the reverse side of the coin changed to a kangaroo in 1990, it wouldn't be until 2008 when the Perth Mint officially changed the name of the gold bullion coin from "The Australian Nugget" to "Australian Kangaroo."
(coin photos courtesy of The Coin Page.)
Note: The reverse designs on the 1-kilo., 10oz., and 2oz. Gold Australian Nugget bullion coins had the same design as the 1-kilo. Gold Australian Kangaroo bullion coin does today, a Red Kangaroo.
Obverse
The direction of the monarch's face is a subtle difference between the 2023 and 2024 Gold Australian Kangaroo bullion coin.
On the 2023 Australian Kangaroo, the late Queen Elizabeth II is facing the right, whereas the 2024 Australian Kangaroo portrays the new King of England, Charles III, as facing the left.
Switching the direction a monarch faces on British Commonwealth coinage is a tradition that dates back to the 17th century for the British Royal Family.
The obverse side of the 1/4 oz. Gold Australian Kangaroo bullion coin portrays the profile of His Majesty, King Charles III, designed by David Thorne.
Inscriptions:
Obverse side photo provided courtesy of The Perth Mint
Reverse
The reverse side of the Gold Australian Kangaroo bullion coin receives a new design each year; in 2024, the reverse side depicts an Australian Kangaroo jumping over a dry creek bed with a windmill connected to an elevated water storage tank in the background.
Inscriptions:
The edge of the gold bullion coin is Reeded.
Reverse side photo provided courtesy of The Perth Mint
Introduced:.........1986
Ofcl. Coin Name..."The Australian Nugget" 1986 - 2007
Ofcl. Coin Name..."Australian Kangaroo" 2008 - present
IRA Approved:.....Yes
Face Value:.........$25 AUD
Gold Content:......1/4 troy oz.
Total Weight:.......7.777 grams
Purity:.................99.99% / .9999
Karat:..................24 karat
Diameter:............20.60mm
Thickness:...........2 mm
Designers:...........Jody Clark (obverse)
Mint Mark:...........1986 - 2007 - No
Mint Mark:...........2008 - Present - Yes (P = The Perth Mint)
Edge:..................Reeded
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Year.....Sales........Mintage.......Coin's Reverse Description
1986.......n/a.........n/a........."Golden Eagle" nugget found in 1931
1987....161,112....unlimited...."Golden Eagle" nugget found in 1931
1988....66,971.....unlimited...."Golden Eagle" nugget found in 1931
1989....89,878.....unlimited...."Golden Eagle" nugget found in 1931
1990....86,303.....200,000....Grey Kangaroo
1991....77,833.....100,000....Grey Kangaroo
1992....100,000....100,000....Common Wallaroo
1993....95,412.....150,000.....Nailtailed Wallaby
1994....116,182....150,000....Whiptail Wallaby
1995....80,321.....150,000....A Standing Kangaroo
1996....150,000....150,000....Mother Kangaroo & Joey
1997....128,708....150,000....Kangaroo Leaping
1998....51,327.....150,000....Two Kangaroos
1999....42,952.....150,000....Kangaroo Joey
2000....35,579.....150,000....Two Kangaroos Leaping
2001....19,898.....150,000....Kangaroo standing in Grass
2002....19,772.....150,000....Two Kangaroos in front of Australia
2003....23,580.....150,000....Kangaroo Drinking
2004....25,537.....150,000....Two Kangaroos
2005....24,975.....150,000....Kangaroo in front of native plant
2006....17,009.....150,000....Kangaroo standing
2007....18,351.....150,000....Kangaroo standing
2008....18,611.....150,000....Mother & Joey Kangaroo leaping in a field
2009....31,942.....150,000....Mother Kangaroo w/ Joey in pouch
2010....26,143.....150,000....Kangaroos boxing
2011....18,518.....150,000....Kangaroo in front of Rising Sun
2012....26,526.....150,000....Kangaroo in the Outback with Windmill
2013....32,198.....150,000....Kangaroo Standing in the Outback
2014....25,016.....150,000....Kangaroo Standing along fence line
2015....25,800.....150,000....Kangaroo hopping in the Outback
2016....26,613.....150,000....Kangaroo looking back at its Shadow
2017....25,447.....150,000....Kangaroo leaping in the Outback
2018....25,775......150,000...Two Kangaroos leaping in the Outback
2019....19,412.......150,000...A Kangaroo standing Under Trees
2020....27,996.....150,000....two Kangaroos standing in the Outback
2021.....38,286.......150,000...a Kangaroo crouching in the Outback
2022.....16,928......150,000...two Kangaroos jumping in the Outback
2023.......TBA.......150,000...strong Kangaroo standing in Outback
2024.......TBA.......150,000...Kangaroo jumping over Dry Creek Bed
Mintage figures were last updated on 03/24/23
We are waiting on the Perth Mint to update their mintage figures.
TBA = to be announced
n/a = not available
Due to its proof-like quality and restricted mintage, the Australian Kangaroo gold bullion coin has the potential to gain value above its gold content.
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