
1 Kilo Johnson Matthey Gold Bar
Among the various investment vehicles, investment in gold coins is one of the safest. This is because gold is a precious metal and is a limited resource. Never go out of fashion and demand is stable. One of the easiest ways to invest in gold is by buying Australian Gold Nugget Coins. These coins are the most popular and more valuable today.
History
The Australian Gold Nugget coins were introduced in 1986 by the Gold Corporation, which is wholly owned Government of Western Australia. From 1986 to 1989, the tail of these features of the currencies of several gold nuggets in Australia. In 1991, coins in large denominations 2 ounces, 10 ounces and 1 pound were presented, which were cheaper. However, the nominal value of these coins were dropped in 1992 to make them proportional to the 1 oz coin
Design
Ian Rank Broadley designed the head or the opposite side of the coin, which has a profile view of the face of Queen Elizabeth II. The face is surrounded by the name of the Queen. The denomination of the coin and the word "AUSTRALIA" is also part of this side.
The design of the back or tail of the coin is the first natural gold nuggets from Australia, which varied according to the different sizes. However, this design was changed in 1989 to a sculptor of kangaroo, the most famous animal in Australia. This is why the currency is also called as an Australian "Nugget" Kangaroo and "."
The Australian Gold Nugget is the only legal tender currency and gold bullion that the design changes each year. The new design was used for first time in the proof coins, and this design is used to strike gold coins the following year. For example, the reverse design of the question of proof in 2004 was a kangaroo in front of a tree on the grass. This then became the design of the gold coin in 2005. The reverse design of the question of proof in 2003 was that of a kangaroo hop, which was then used as the design of the gold coins released the following year.
Specification
The Australian Gold Nugget coins in eight denominations minted 24-karat gold:
 • 1 / 20 oz
 • 1 / 10 oz
 • 1 / 4 oz
 • 1 / 2 oz
 • 1 oz
 • 2 oz
 • 10 oz
 • 1 kg
The nominal value of 1 / 20 oz is $ 5 and $ 15 for oz 1 / 10. For other denominations, the nominal value ranges from $ 25 to $ 10,000, respectively. Its thickness ranges from 1.4 mm for the smallest denomination of 1 / 20 ounce troy coin 15.80 mm for the largest denomination of the coin of 1 kilo. Ranges weight of the coins of 1.5552 troy ounces grams or.0500 for 1 Tiny / 20 oz to 32.154 troy oz or 1000 grams for the larger coins of 1 kilo. Each denomination of the coin is composed of 99.99% pure gold.
For collectors, it is advisable to buy gold coins of the proof of the Mint in Perth. They are handsome, with the number of low mintage, and high quality and attractive packaging.
Buy gold nugget coins through the Precious Metal Shop.
Silver Bullion and Gold Bullion: Your Favorite Coin! Do you have one?

Mail this post
