1oz Platinum Coin 2024 Kangaroo - Perth Mint
The Australian kangaroo is a large marsupial endemic to Australia. Identified by its muscular tail, strong back legs, large feet, short fur, and long, pointed ears, the animal has become a much-loved national icon.
Struck by The Perth Mint from 1oz of 99.95% pure platinum, this coin is issued as legal tender under the Australian Currency Act 1965 and has an unlimited mintage.
The reverse of the platinum kangaroo coin portrays a bounding kangaroo surrounded by stylised rays of sunlight.
Inscriptions on a wavy-lined border include ‘AUSTRALIAN KANGAROO’ and the coin’s weight, purity, the 2024 year-date, and The Perth Mint’s ‘P125’ mintmark. The coin’s obverse depicts the Dan Thorne effigy of His Majesty King Charles III, and the monetary denomination.
Struck by The Perth Mint from 1oz of 99.95% pure platinum, this coin is issued as legal tender under the Australian Currency Act 1965 and has an unlimited mintage. 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 “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage / insurance requirements. Refer to the ATO or your advisor for more information.