Gold Index Page

Contents
Main Page
Nuggets
Nuggets For Sale
Nugget Designs
Proof Nugget Sets
2000 Nuggets
2001 Nuggets
2002 Nuggets
2003 Nuggets
2004 Nuggets
2005 Nuggets
2006 Nuggets
2007 Nuggets
2008 Nuggets
2009 Nuggets
2010 Nuggets
2011 Nuggets
Nuggets by Date
Krugerrands
Krugerrand Information
Krugerrands For Sale
Sovereigns
Sovereign Information Sovereigns For Sale
Year 2000 Sovereigns
Gold Bars
Bars Information
Bars For Sale
Half Sovereigns
Half Sovereign Information
Half Sovereigns For Sale
Year 2000 Half Sovereigns
Buying
We Buy Gold Coins
About Us
About Us
Our Selling Terms
Order Form UK
Order Form USA

Nugget and Kangaroo Fact File

Everything you need to know about Australian gold nuggets and kangaroos.

One Ounce of Gold

Many countries now issue a one ounce bullion coin, to be sold at a very low premium over the intrinsic gold value. The Australian version is the Nugget or Kangaroo.

Krugerrands versus Nuggets

Because Krugerrands were the first one ounce gold bullion coins to be issued, it is worth comparing gold nuggets with Krugers.
Krugerrands were first issued in 1967, as one ounce bullion coins. From 1980, they were also produced in fractional sizes of half ounce, quarter ounce, and tenth ounce. Nuggets were introduced in 1986.

The Nugget Family

During the first few years of their issue, the design on the reverse of the Australian Nuggets was, somewhat originally, Australian nuggets. Each of the four sizes carried a picture of a different famous gold nugget.
For more information about the designs on different sizes and dates of Nuggets, please see our Nuggets Designs page.
Gold Nuggets are available in four different sizes and weights, from one ounce to one tenth of an ounce, as detailed below.

Nuggets and Kangaroos - New Designs

The obverse bears a portrait of H.M. Queen Elizabeth II.
The reverse designs of Australian gold nuggets feature individual themes.

Low Premium Over Gold Content

As with most one ounce gold bullion coins, they are made available to world bullion dealers at a 3% premium over the current gold fix, so that after distribution costs, the coins would be available to investors in quantity at about 6% to 7% over intrinsic gold values, and possibly 12% premium for single pieces.

Higher Premium on Smaller Sizes

The fractional sizes were issued at higher premiums to bullion dealers of 5%, 7%, and 9% respectively. The fractional coins have never been as popular as the full one ounce coins, usually only being purchased as singles, so that in practice, it would usually cost 10% to 25% premium for the half and quarter ounce, and from 20% to 35% premium for the tenth ounce, most of which seem to have been used in jewellery. Most bullion houses do not want the bother of handling small quantities of low value coins.

VAT Free From January 2000

In Britain investment gold coins became VAT free.

Continuous Service from Chard

Chard have maintained a dealing service for both collectors and investors in bullion and numismatic coins since 1964.

Technical Specifications

The following table summarises the specifications of all the sizes.

SizeValueDiameterWeightFinenessGold Content Gold Content
  mms.Grams/1.000GramsTroy Ounces
One Tonne (2012) 1,000,000 Dollars 800.00 1,012 kgs.99991000 32150.70
One Kilo (1991)10,000 Dollars74.501000.10.9999100032.1507
One Kilo (1992-)3,000 Dollars74.501000.1.9999100032.1507
Ten Ounce (1991)2,500 Dollars59.70311.62.9999311.0410.0000
Ten Ounce(1992-)1,000 Dollars59.70311.62.9999311.0410.0000
Two Ounce (1991)500 Dollars40.4062.324.999962.2072.0000
Two Ounce (1992-)200 Dollars40.4062.324.999962.2072.0000
One Ounce100 Dollars32.1031.162.999931.1041.0000
Half50 Dollars25.1015.594.999915.5520.5000
Quarter25 Dollars20.107.807.99997.7760.2500
Tenth15 Dollars16.103.133.99993.1100.1000
Twentieth5 Dollars13.701.555.99991.555 0.0500

Postage & Packing

UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order

Reverse Design of a Year 2000 Australian One Ounce Gold Kangaroo Nugget Coin

One Ounce

We Sell Nuggets

Bullion Coin Selector Page

Australia

Bigger Pictures

Fractional Nuggets
Sizes to Scale

Reverse Design of a Year 2000 Australian Half Ounce Gold Kangaroo Nugget Coin

Half Ounce

Reverse Design of a Year 2000 Australian Quarter Ounce Gold Kangaroo Nugget Coin

Quarter Ounce

Reverse Design of a Year 2000 Australian Tenth Ounce Gold Kangaroo Nugget Coin

Tenth Ounce

Reverse Design of a Year 2000 Australian Twentieth Ounce Gold Kangaroo Nugget Coin

Twentieth Ounce

Obverse Design of a Year 2000 Australian One Ounce Gold Kangaroo Nugget Coin

Obverse - One Ounce

 


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