The Australian tenth-ounce gold piece (abbreviated as 1/10 oz and designated with Au for "gold") is a bullion coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.
The first coins in this format were issued by the Perth Mint in what was then called the Australian Nugget series - named after the natural gold nuggets featured on the reverse. However, the series soon started featuring kangaroos instead, and was eventually renamed to Australian Kangaroo.
This coin is part of the long-running Australian Kangaroo bullion coin series by the Perth Mint.
The Mint says about it: With a tradition dating back to the 1980s, the Australian Kangaroo is a trusted bullion coin series featuring imagery of the iconic animal that takes its name from the Guugu Yimithirr word "gangurru". First Nations people have a relationship with the kangaroo dating back tens of thousands of years. Today, it is recognised internationally as Australia’s definitive animal emblem. |