VAT Free

2020 1oz Gold Australian Nugget

Product code: GNUG19

£1,712.49

Incl. £0.00 VAT

Out of stock

Free & fully insured UK Delivery. Learn more

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Specifications

Manufacturer
Perth Mint
Country
Australia
Fineness
999.9
Total Weight (grams)
31.1035
Pure Metal Weight (g)
31.103
Diameter
32.1mm
Thickness
2.65mm
Face Value
100 Australian Dollars

1oz Gold Nugget

Issued by the Perth Mint since 1986, the 2020 1oz Australian Gold Nugget is the national bullion coin of Australia. This edition features the fourth portrait of Queen Elizabeth II by Ian Rank-Broadley on the obverse and a kangaroo on the reverse. This is a bullion finish coin, issued without expensive presentation boxes to maximize the amount of gold for your money. Modest orders are packed loose, with foil wrapping for orders of 20 and boxes in denominations of 100.

If you would like to protect your coins further, these coin capsules fit perfectly.

The words ‘Australian Kangaroo’ are written above the design on the reverse.

Each coin contains 1 troy ounce of fine gold and has a face value of A$100 which is displayed on the obverse.

Coin History and Mintage

The Australian Nugget has been issued annually by the Perth Mint since 1986.

Originally containing designs of famous Australian nuggets, this was changed in 1989 to feature a kangaroo, which is why so many people refer to the coin as the Kangaroo rather than the Nugget.

The kangaroo is widely regarded as a far more recognisable symbol of Australia.

This coin, unlike most bullion coins, changes its design annually which adds to its collectability.

Our Expert Opinion

Perhaps not quite as well-known as some of the other major foreign coins such as the Krugerrand or the American Eagle, the Australian Nugget is nonetheless a globally traded bullion coin. As well as offering portfolio diversity, buying the Nugget is also slightly cheaper than some of the other foreign coins. This in itself is enticing for those seeking value and as much gold coinage as possible for their money.

If planning to purchase a high quantity for investment purposes, you may want to consider combining this coin with UK coins for tax efficiency such as the Britannia or Sovereign. As legal tender in the UK, these coins don’t attract any Capital Gains Tax to profits made.

Orders are delivered free of charge within the UK only.

Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.

Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.

You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.

In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.

For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.

If you request storage for your order, your goods will be sent free of charge to the storage vaults.

All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.

Please see further details of storage fees and minimum charges on our Storage & Delivery page.

Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.

A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.