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1993 1/20 ozt Ounce Gold Uncirculated Kangaroo Nugget

1993 1/20 ozt Ounce Gold Uncirculated Kangaroo Nugget

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Product ID:
P-32716

One of the earlier kangaroo nugget coins.

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Description:

1993 1/20 ozt Ounce Gold Uncirculated Kangaroo Nugget

Obverse: Maklouf portrait of Elizabeth II to right

Reverse: Whiptail Wallaby

Purity: 99.99% Weight: 1.55g Nett: 0.05ozt


One of the earlier kangaroo nugget coins.

The Australian Kangaroo Nugget series began in 1989, and has gone on to become one of the leading bullion coins in the world.

It's thought that when the market for gold bullion reaches it's glory days again, the premiums that limited edition coins such as this one command over "melt" value will increase dramatically.

Look at what happened in 1980 and 1981 - the coins that proportionally rose in value the most were those that were initially selling for a modest amount above spot.