Australian Gold Coins

The Australian Gold Coins

Australian Gold Coins are one of the widest collections of gold bullion products available on the precious metal market today. Gold coins manufactured in Australia are produced by two mints, The Perth Mint and the Royal Australian Mint, which ensures a large variety of sizes and designs. Some gold coin designs are even minted by both mints, in the historical Perth Mint and the newly founded RAM, yet each of the mints has its own unique artistry. Australian Gold Coins are very desired by investors and collectors due to their high gold content, exceptional quality, and various size options. Perth Mint is one of the few mints to produce coins of .9999 pure gold which are IRA eligible. Their most popular coin series is the Lunar Gold series, which was first issued in 1996.

Royal Australian Mint vs Perth Mint

The main particularities between these two mints are that the Perth Mint is older than the Royal Australian Mint, and used to be one of the British Royal Mint’s branches until 1970 while RAM was founded 1965 and it also produces circulating coins. Both mints share the same coin program concepts, like the Lunar series and the Kangaroo coins, yet they also produce their unique coin collections. Even though that the obverse side of the coins produced by both mints feature the same profile portrait of Her Majesty Queen Elizabeth II, used for all their coins and courtesy of Ian Rank-Broadley, the difference between the coins is that the obverse side of the RAM coins also features specific encircled elements.

The Perth Mint

The Perth Mint is a worldwide renowned mint, known for creating one of the most beautiful coin designs, along with high quality and purity levels that just only a few global mints have managed to achieve. The oldest Australian mint was established in 1899, two years before was formed the federation of Australia as a commonwealth of independent states. Along with the Perth Mint, the Melbourne, and Sydney mint also manufactured gold coins under the British Royal Mint’s government. About 735,000 half-sovereigns and 106 million sovereigns, made of gold, were produced by the Perth Mint between 1901 and 1936. Up until 1970, the mint remained under British control. The mint is considered to be one of the finest gold and silver coin producers and refineries, being famous for its Kangaroo and Lunar series. The mint gained its one of a kind reputation of highly exceptional quality in 1957 when it produced the first .999999 gold bullion plate. Perth Mint is a local government’s state-owned entity in the Western Australia which doesn’t produce any official Australian currency coins (they are struck by the Royal Australian Mint). However, the Perth Mint Gold coins are legal tender according to the Currency Act of 1965. Besides producing Gold Australian Coins, Perth Mint also manufactures commemorative and official coins for other international companies and governments.

The Royal Australian Mint

The Royal Australian Mint was founded in 1965 in Canberra, the Australian federal capital city and is the one and only Australian mint to manufacture circulating Australian Gold Coins. It’s the first Australian Mint opened aside from the well-known branches of the Royal Mint. Its establishment coincided with the introduction of the decimal currency in circulation in 1966. At the beginning, the Melbourne Mint and Royal Australian Mint were operating concurrently until the demand for the decimal coinage was covered and the mint in Melbourne was closed. The mint also produces military and Olympic medals, medals of civilian honors, like the Order of Australia, and coins for other nations, like Papua New Guinea, Tonga, Fiji, Malaysia, Thailand and many others. Since the mint’s opening, its manufactured over 14 billion coins, with the capacity to mint 2 billion coins per day. The mint manufactured the first and unique double hologram coin that celebrated the 100-year anniversary of the Australian Federation in November 2001.

Australian Gold Coins Sizes and Designs

Australian Gold Coins are produced by following the highest purity and quality standards in various weight options. The available sizes for Australian Gold Coin vary from the regular 1 troy ounce gold size down to the fractional sizes of ½ oz., 1/5 oz., ¼ oz., 1/10 oz. and 1/20 oz. Some Australian Gold Coins are available in larger sizes of 2 oz., 5 oz., 10 oz. and 1 kilo. The most popular Australian Gold Coin designs are the Koala Gold Coin, the Kangaroo Gold Coin, and the Lunar Series. Gold Koalas are produced by the Perth Mint while the last two above-mentioned gold coin collections are manufactured both by the Perth Mint and the Royal Australian Mint.

The Australian Lunar Series Gold Coins

Lunar Series Gold Coins celebrate the Chinese 12-year lunar calendar by depicting year-by-year one of the Zodiac Animals on the reverse side of the coins: the dragon, the snake, the horse, the goat, the monkey, the rooster, the dog, the pig, the mouse, the ox, the tiger or the rabbit.  Australian Lunar Series coins are produced by both the Perth Mint and Royal Australian Mint, yet the Perth Mint collection is more known by numismatists because it was the first one to be released. The first Perth Mint lunar series coins were issued from 1996 to 2007, followed by the second lunar series that started in 2008. The first coin released in both Perth Mint Gold Lunar series was the “Year of Mouse” Gold coin and the last coin released in the ongoing second series is the 2016 “Year of Monkey” gold coin. The Royal Australian Mint Lunar series started in 2007 with the issue of the “Year of Pig” gold coin and continues with the latest “Year of Monkey” Gold coin. Both mints produce  Lunar series gold coins with the highest .9999 pure gold content.

The Australian Kangaroo Gold Coin

Just like the Lunar Series, the Australian Kangaroo Gold Coin is manufactured both by the Royal Australian Mint and Perth Mint. The Perth Mint produces Gold Kangaroos of .9999 pure gold in 1/20 oz., 1/10 oz., ¼ oz., ½ oz. and 1 troy ounce sizes. On the reverse side of the coin is depicted the largest marsupial animal in the world, the Kangaroo, in its natural surroundings. The design of the coin was inspired by the Australian Gold Nugget, with its reverse side design changed to depict the kangaroo it became the Kangaroo coin series. The Royal Australian Mint produces Gold Kangaroos of the same coin sizes, except its 1/20 oz. weight option. The latest RAM Kangaroo Gold coins are issued guaranteed by the innovative PAMP Veriscan Assay Card. On both Perth Mint and RAM Kangaroo gold coins is depicted the red kangaroo species.

The Australian Koala Gold Coin

Another popular gold coin design produced by the Perth Mint is the Australian Koala Gold coin, which is available in bullion and proof editions. The coin was released for the first time in 2008 and is struck in 1/25 oz., 1/10 oz., 1 oz. and 2 oz. sizes. Each year, the mint changes the reverse design of the coin, depicting a different image of the iconic Australian mammal, the koala. These coins are made of .9999 pure gold and are IRA eligible. The Perth Mint also manufactures special Mini Koala Gold Coin issues of 0.5 grams.

 

Right now, browse our impressive collection of the Australian Gold Coins. If you have any questions about these remarkable pieces of the Australian Gold coinage, please do not hesitate to contact us at 800.852.6884. Our customer service associates are also readily available to provide you with assistance via live chat, or by submitting your inquiries to info@bullionexchanges.com.

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