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  • Gold
    $1,198.20
    -9.10
  • Silver
    $14.31
    0.00
  • Platinum
    $829.20
    -6.50
  • Palladium
    $1,054.40
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About the Australian 1/10 oz Gold Kangaroo

This coin is the 1/10 oz version of the Perth Mint's popular Australian Gold Kangaroo. The Perth Mint enjoys a global reputation for quality and desirability among investors.
 
Here are some highlights of this coin:
  • Holds 1/10 troy ounce of .9999 fine gold bullion.
  • Low mintages: only 200,000 pieces for 2016.
  • Each year features a different kangaroo design, providing for increased collectible value.
  • Individual fractional gold coins come in protective plastic capsules. 
  • Legal tender face value of $15 AUD.
  • Arrives in Brilliant Uncirculated (BU) condition.
  • Exempt from IRS 1099 dealer reporting, thus allowing for discreet transactions.
  • Eligible for physical Gold IRAs.

 

Most of the time, gold is bought and sold in 1 ounce coins. So what's the benefit of buying a coin that is one tenth the size?

For starters, you’ll have precise control over how much gold you’d like to sell at any one time. Many investors who believe the gold price will be much higher in the future desire this additional control. This means you won’t have to sell off a whole ounce of gold at once.

For investing purposes, these are no-nonsense bullion rounds. They function like many other gold bullion coins & bars in that they primarily derive their value from gold’s current price (or "spot" price).

If you are preparing for a possible economic emergency, there is a small but active community of precious metals investors who believe fractional gold coins (like this 1/10 oz Gold Kangaroo Coin) could one day be used as currency or a medium of exchange. Many believe these coins could be sold or traded to local coin dealers or other businesses in case of a bank holiday.

Some of these investors believe that these coins could even be used in direct trade (aka barter). These gold coins have all the information stamped on them to facilitate such a transaction: weight, purity, and precious metal type. Whether this outlook holds any credence or not is up to the individual investor, but it is one of the primary reasons people purchase this particular round and other fractional gold rounds.Finally, the smaller size also makes it affordable if you are buying gold on a budget.

This is an official sovereign gold coin guaranteed by the Australian government. You can find also other official Perth Mint gold bullion products available here.

Australia’s Perth Mint was the third and final government mint facility opened under the British Royal Mint during Australia’s colonial rule under the United Kingdom. The Perth Mint remains the longest operating minting facility in Australia, and it is owned by the state government of Western Australia (not associated with the national Royal Australian Mint). All of the Perth Mint’s sovereign coins are considered legal tender under Australia’s Currency Act of 1965, including their silver coins

The coin’s obverse features the likeness of Queen Elizabeth II and an inscription denoting the Australia $15 legal tender face value.
 
The coin’s reverse displays a design unique to each year of issue, but invariably features a kangaroo, the namesake of the coin and a famous national symbol of Australia. Inscriptions read, “AUSTRALIAN KANGAROO,” the date of strike, guaranteed “1/10 oz” weight, and “9999 GOLD” precious metal purity.
 
These coins are produced in a total of 5 different weights and sizes, ranging from a large 1 kilogram coin to this easily transportable 1/10 oz coin, the smallest in the series. Coins specifically from the current year of mintage are available under a separate listing.
 
All orders from Monument Metals are discretely shipped, fully insured, and guaranteed as described.

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You're reviewing: Australia 1/10 Oz Gold Kangaroo (Random Date)

Australia 1/10 Oz Gold Kangaroo (Random Date)

Product code: AU-KAN-Rand$15
In Stock

Free shipping on orders $99 and more.

Gold
$1,197.20
$1,198.20
-$9.10
Pricing
Quantity Wire / Check CC / PayPal
1 - 9 $141.12 $146.41
10 - 19 $139.12 $144.34
20 + $137.12 $142.26
Australia 1/10 Oz Gold Kangaroo (Random Date). Only $17.30 over spot, any quantity!
OR
Additional Information
Metal Type Gold
Metal Weight 0.1
Grading Service Ungraded
Date Random Date (1987-Present)
Purity .9999 Fine Gold
Country of Manufacture Australia
Manufacturer Perth Mint

About the Australian 1/10 oz Gold Kangaroo

This coin is the 1/10 oz version of the Perth Mint's popular Australian Gold Kangaroo. The Perth Mint enjoys a global reputation for quality and desirability among investors.
 
Here are some highlights of this coin:
  • Holds 1/10 troy ounce of .9999 fine gold bullion.
  • Low mintages: only 200,000 pieces for 2016.
  • Each year features a different kangaroo design, providing for increased collectible value.
  • Individual fractional gold coins come in protective plastic capsules. 
  • Legal tender face value of $15 AUD.
  • Arrives in Brilliant Uncirculated (BU) condition.
  • Exempt from IRS 1099 dealer reporting, thus allowing for discreet transactions.
  • Eligible for physical Gold IRAs.

 

Most of the time, gold is bought and sold in 1 ounce coins. So what's the benefit of buying a coin that is one tenth the size?

For starters, you’ll have precise control over how much gold you’d like to sell at any one time. Many investors who believe the gold price will be much higher in the future desire this additional control. This means you won’t have to sell off a whole ounce of gold at once.

For investing purposes, these are no-nonsense bullion rounds. They function like many other gold bullion coins & bars in that they primarily derive their value from gold’s current price (or "spot" price).

If you are preparing for a possible economic emergency, there is a small but active community of precious metals investors who believe fractional gold coins (like this 1/10 oz Gold Kangaroo Coin) could one day be used as currency or a medium of exchange. Many believe these coins could be sold or traded to local coin dealers or other businesses in case of a bank holiday.

Some of these investors believe that these coins could even be used in direct trade (aka barter). These gold coins have all the information stamped on them to facilitate such a transaction: weight, purity, and precious metal type. Whether this outlook holds any credence or not is up to the individual investor, but it is one of the primary reasons people purchase this particular round and other fractional gold rounds.Finally, the smaller size also makes it affordable if you are buying gold on a budget.

This is an official sovereign gold coin guaranteed by the Australian government. You can find also other official Perth Mint gold bullion products available here.

Australia’s Perth Mint was the third and final government mint facility opened under the British Royal Mint during Australia’s colonial rule under the United Kingdom. The Perth Mint remains the longest operating minting facility in Australia, and it is owned by the state government of Western Australia (not associated with the national Royal Australian Mint). All of the Perth Mint’s sovereign coins are considered legal tender under Australia’s Currency Act of 1965, including their silver coins

The coin’s obverse features the likeness of Queen Elizabeth II and an inscription denoting the Australia $15 legal tender face value.
 
The coin’s reverse displays a design unique to each year of issue, but invariably features a kangaroo, the namesake of the coin and a famous national symbol of Australia. Inscriptions read, “AUSTRALIAN KANGAROO,” the date of strike, guaranteed “1/10 oz” weight, and “9999 GOLD” precious metal purity.
 
These coins are produced in a total of 5 different weights and sizes, ranging from a large 1 kilogram coin to this easily transportable 1/10 oz coin, the smallest in the series. Coins specifically from the current year of mintage are available under a separate listing.
 
All orders from Monument Metals are discretely shipped, fully insured, and guaranteed as described.

Write Your Own Review

You're reviewing: Australia 1/10 Oz Gold Kangaroo (Random Date)

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