Australian Gold Kangaroo 1 oz
Live Melt Value
$4,018.60
Gold content: 0.9999 oz (31.10g)
8 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| Australian Gold Kangaroo 1 oz | 0.9999 oz | 100.0% | $4,018.60 |
| Australian Lunar Series 1 oz | 0.9999 oz | 100.0% | $4,018.60 |
| Australian Gold Kangaroo 1/2 oz | 0.4999 oz | 100.0% | $2,009.10 |
| Australian Gold Kangaroo 1/4 oz | 0.2500 oz | 100.0% | $1,004.75 |
About the Australian Gold Kangaroo 1 oz
The Australian Gold Kangaroo 1 oz is a 100.0% pure gold coin (24K) produced by Perth Mint in Australia since 1986-present. It contains 31.10g (0.9999 troy oz) of pure gold with a total weight of 31.104g. At today's spot price of $4,019.00/oz, the melt value is $4,018.60.
As a modern bullion coin, the Australian Gold Kangaroo 1 oz is designed for gold investment and wealth preservation. It typically trades at a small premium (3-8%) above its melt value. The Kangaroo series is one of the most widely recognized and traded gold coins worldwide.
The Australian Gold Kangaroo 1 oz is minted in 99.99% pure gold (24K), making it one of the purest gold coins available. This high purity means softer metal — handle with care to prevent scratches.
When buying a Australian Gold Kangaroo 1 oz, expect a dealer premium of 3-8% above melt value. When selling, reputable dealers pay 96-99% of melt value. Compare offers from at least 3 dealers before selling.
How to buy and sell a Australian Gold Kangaroo 1 oz
Buying
Purchase from reputable bullion dealers, banks, or government mints. Expect a premium of 3-8% above the melt value. Verify weight and purity before completing the purchase. Store in a safe or bank deposit box.
Selling
Sell to online bullion dealers for the best prices (96-99% of melt). Local coin shops offer 90-95%. Pawn shops offer the lowest at 80-90%. For rare coins, consider auction houses.
Australian Gold Kangaroo 1 oz specifications
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How much is a Australian Gold Kangaroo 1 oz worth today?
At today's gold price of $4,019.00 per troy ounce, the Australian Gold Kangaroo 1 oz has a melt value of about $4,018.60 — the worth of the 0.9999 oz of gold it contains. In practice you will pay a little above melt when buying and receive close to melt when selling, because dealers add a premium for minting, distribution and their margin. The melt value is the floor: it tells you what the metal alone is worth, which makes it the right number to measure any dealer's quote against.
Australian Gold Kangaroo 1 oz history
The Australian Gold Kangaroo 1 oz comes from Australia and has been issued 1986-present by Perth Mint. Coins like this were created to give investors and collectors a trusted, mint-backed way to own a precise amount of gold. Over the years it has built a reputation for consistent quality and recognisability — and recognisability is what gives a bullion coin its staying power, because a widely-known coin is easier to buy, sell and authenticate anywhere in the world. Its design and specifications have been kept stable so each new issue is interchangeable with the last.
Australian Gold Kangaroo 1 oz premium over spot
A Australian Gold Kangaroo 1 oz almost always costs more than its raw melt value. That extra is the premium, and it covers refining, minting, distribution and the dealer's margin. For a widely-traded bullion coin the premium is usually modest — often around 3-8% over spot — while scarcer or collectible coins can carry much higher premiums, and premiums also rise when demand spikes or supply tightens. When you sell, you typically recover 96-99% of the metal value, so buying at a low premium from a reputable dealer is the single biggest factor in your long-term return.
Where to buy and sell a Australian Gold Kangaroo 1 oz
Buy Australian Gold Kangaroo 1 oz coins from established, accredited bullion dealers — a trusted local coin shop or a major online dealer — and compare the total price including premium and shipping before committing. Check authenticity: buy sealed or graded where possible, verify the weight and dimensions, and be wary of prices that look too good to be true. When selling, get quotes from several dealers, as offers vary; a recognised coin in good condition with its packaging fetches the best price. Avoid pawn shops for bullion coins — specialist dealers almost always pay closer to true value.
Is the Australian Gold Kangaroo 1 oz a good investment?
As an investment the Australian Gold Kangaroo 1 oz has clear strengths: it holds 0.9999 oz of 100.0% gold, it is highly recognisable, and that recognisability makes it liquid — easy to sell quickly at a fair price almost anywhere. Like all gold, it is best treated as a long-term store of value and a hedge against inflation and currency weakness rather than a quick trade. The main cost to watch is the premium: pay too much over spot and it takes longer for the gold price to catch up. Bought sensibly from a reputable dealer and held for the long term, it is a solid, low-fuss way to own physical gold.
How much is a Australian Gold Kangaroo 1 oz worth today?▾
Based on today's gold spot price of $4,019.00/oz, a Australian Gold Kangaroo 1 oz has a melt value of $4,018.60. Market price may include a dealer premium above melt.
What is the gold content of a Australian Gold Kangaroo 1 oz?▾
A Australian Gold Kangaroo 1 oz contains 31.10g (0.9999 troy oz) of pure gold. Total weight is 31.104g at 100.0% purity (24K).
Is a Australian Gold Kangaroo 1 oz a good investment?▾
The Australian Gold Kangaroo 1 oz contains 0.9999 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a Australian Gold Kangaroo 1 oz is genuine?▾
Check weight (31.104g), diameter (32.6mm), and thickness (2.83mm) with precision instruments. Gold is not magnetic — a magnet test detects common fakes. For high-value coins, get PCGS or NGC certification.
Where is the best place to sell a Australian Gold Kangaroo 1 oz?▾
Online bullion dealers pay 96-99% of melt value. Local coin shops: 90-95%. Pawn shops: 80-90%. For rare specimens, auction houses may pay above melt. Always get multiple quotes.
How much does a Australian Gold Kangaroo 1 oz weigh?▾
A Australian Gold Kangaroo 1 oz weighs 31.104g total. Of this, 31.10g (0.9999 troy oz) is pure gold. Diameter: 32.6mm, thickness: 2.83mm.
What is the premium on a Australian Gold Kangaroo 1 oz?▾
The Australian Gold Kangaroo 1 oz typically trades at a premium of around 3-8% over its melt value, covering minting, distribution and dealer margin. Scarcer dates or graded coins can cost more. When selling, you usually recover 96-99% of the metal value.
Where can I sell my Australian Gold Kangaroo 1 oz?▾
Sell to established bullion dealers or reputable coin shops, online or local, and get quotes from several since offers vary. A recognised coin in good condition with its packaging sells closest to its $4,018.60 melt value. Avoid pawn shops, which tend to pay less.