Australian Gold Kangaroo 2 oz
View deal at BGASC| Dealer | Price | Premium | Stock | Updated | Deal |
|---|---|---|---|---|---|
MMMonument Metals | $9,527.40 | +0.8% over spot | Out of stock | 45 minutes ago | |
HBHero Bullion | $9,551.23 | +1.1% over spot | Out of stock | 39 minutes ago | |
BBGASCBest | $10,172.38 | +7.7% over spot | In stock | 2 hours ago |
- MMMonument MetalsBest$9,527.40+0.8% over spotOut of stock45 minutes agoView Deal
- HBHero Bullion$9,551.23+1.1% over spotOut of stock39 minutes agoView Deal
- BBGASC$10,172.38+7.7% over spotIn stock2 hours agoView Deal
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Specifications
- Weight
- 2 oz
- Purity
- .9999
- Mint
- Perth Mint
- Country
- Australia
- First struck
- 1987
About the Australian Gold Kangaroo
**Australian Gold Kangaroo.** First struck by the Perth Mint in 1987 as the Australian Nugget, the series shifted its reverse to a kangaroo design in 1989 and has carried the marsupial ever since. Each year the Perth Mint releases a new kangaroo motif, which is unusual among sovereign bullion programs and gives the series a quiet collectible streak on top of its bullion role.
The specs are clean and consistent across the lineup. Every Kangaroo is .9999-fine gold, the highest standard in mainstream bullion, matching the Canadian Maple Leaf and beating the .9167 American Gold Eagle on raw purity. You get a 1 oz flagship, a 2 oz heavier piece, and fractionals at 1/2 oz, 1/4 oz, and 1/10 oz, all in the same pure gold.
Legally, these are Australian currency. The 1 oz carries a $100 AUD face value, the half ounce $50 AUD, the quarter ounce $25 AUD, and the tenth ounce $15 AUD. Nobody actually spends them at face. The face value is mostly a sovereign-mint marker that makes them legal tender and, in some jurisdictions, gives them favorable tax treatment.
Where the Kangaroo sits in the global bullion stack is interesting. It is less common in US dealer inventories than the Eagle, Maple, or Krugerrand, so dealer counts are smaller and premiums can swing more with availability. When supply lines up, the Kangaroo often prices a touch under the Eagle on premium per ounce, which is the main reason buyers reach for it.
The Perth Mint itself is one of the oldest operating mints in the world, founded in 1899. It is owned by the Government of Western Australia and refines a meaningful share of the world's newly mined gold each year. That provenance matters when you are buying physical metal you may need to resell years from now.
If you are stacking for weight and want a .9999-fine sovereign coin without paying the Eagle premium, the Kangaroo deserves a slot. If you want the most liquid US-market resale, an Eagle or Maple still wins. The Kangaroo is the value-leaning .9999 option with a design that does not get boring.
Frequently Asked Questions
What's the current premium on Australian Gold Kangaroo 2 oz?
The lowest premium right now is +7.7% over spot at BGASC ($10,172.38). The table above ranks every dealer by premium so the best deal is at the top.
Which dealer has the cheapest Australian Gold Kangaroo 2 oz?
BGASC currently has the lowest total price at $10,172.38. We compare every dealer on a freshness-filtered 24-hour window so rankings reflect live market prices.
How often do prices update?
Dealer prices refresh hourly. Spot metal reference refreshes every 10 minutes. The "last seen" timestamp on each listing tells you exactly when that price was captured.