The Australian Gold Kangaroo is a gold bullion coin minted by the Perth Mint. The coins have been minted in 24 carat gold and are legal tender in Australia. These gold coins are one of few legal tender bullion gold coins that change their design every year. Because of this, their limited annual mintage may, unlike most other mass produced bullion coins, raise their numismatic value.
The coin was originally introduced as the Australian Gold Nugget and was introduced in 1986 by Gold Corporation, a wholly owned company of the Australian Government, more commonly known by its trading name The Perth Mint. From 1986 to 1989, the reverse pictured different Australian gold nuggets. However in 1989 a proof edition was released, the design changed to feature kangaroos, a symbol more world-recognised of Australia. The coins today are referred to as “gold kangaroos”. The Australian Gold Kangaroo coin is very popular with investors, and may be used to fund Individual Retirement Account investments.