1/10th oz Gold Coin 2024 Kangaroo, Perth Mint.
Issued as Australian legal tender, each coin in the program is meticulously struck by The Perth Mint from 99.99% pure gold.
The reverse of each small gold coin portrays a kangaroo looking over its shoulder with a eucalyptus
tree and grass trees in the background. The design incorporates the inscription ‘KANGAROO’, The Perth Mint’s traditional ‘P’ mintmark, the 2023 year-date and the coin’s weight and purity. The reverse of the 1 kilo coin portrays the classic artistry of a bounding red kangaroo surrounded by rays of sunlight.
No more than 100,000 1/2oz coins, 150,000 1/4oz coins and 200,000 1/10oz coins will be produced. Mintages of the 1 kilo and 1oz coins are unlimited.
The reverse of the 1oz and 1 kilo coins includes a security feature in the form of a micro-laser engraved letter within the coin’s design. It is only detectable under a magnifying glass.
Perth Mint coins come encased in a hard clear plastic case to help keep coins in pristine condition. Ainslie Bullion recommends leaving these cases un-tampered for the best preservation of value.
The Perth Mint is Australia’s leading precious metal refiner accredited by the LBMA. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold products are LBMA accredited and refined to 99.99% purity (= 24 carat) and all silver products are refined to 99.9% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectable” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectable and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event (eg Christening, 18th, 21st, Anniversary).