The 2018 1/10 oz Gold Kangaroo coin is a gold bullion coin produced by Australia's Perth Mint. Each coin weights 0.1 troy ounce and has a gold purity or fineness of 0.9999, i.e. 99.99% pure gold.
The Perth Mint is both a mint and a refinery, and operates one of the largest and best known gold refineries in the world. The Perth Mint's refinery is accredited to the Good Delivery List for gold of the London Bullion Market Association (LBMA)
Each year, the kangaroo imagery on the Kangaroo Gold Bullion series of coins changes, which explains its popularity with both collectors and gold investors alike.
For 2018, the obverse of the 1/10 oz gold Kangaroo features a stylised design of two Kangaroos bounding across an Australian rural landscape. The imagery is inscribed by the words 'AUSTRALIAN KANGAROO', and the coin's year '2018', weight '0.1 oz', and purity '9999 GOLD' .
The reverse of the Gold Kangaroo coin features a head portrait of the official head of state of Australia, Queen Elizabeth II, and the coin's official face value of '15 dollars'. Gold Kangaroo bullion coins are non-circulating legal tender in Australia and are issued under the Australian Currency Act of 1965
The Australian Kangaroo gold bullion coin series was first issued in 1990, but is officially called the 'Australian Nugget Kangaroo Gold Bullion Series' since from 1987 to 1989 a similar coin with imagery of famous Australian gold nuggets was issued.
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