Homepage / Bullion Coins: Australian Coins / 2 oz. Australian Kangaroo Gold

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Updated on 08/06/2026

2 oz. Gold The Australian Nugget
(Kangaroo)
Bullion Coin

1991 - 2009

In 1986, following the successful release of the 1oz and the fractional-sized Australian Gold Nugget bullion coins, in 1991, the Perth Mint added three more gold coins to the series: the 2oz., 10oz., and 1 kilogram gold bullion coins. 

In 2009, the Perth Mint discontinued the 2oz and 10oz Gold Nugget bullion coins (now known as the Gold Kangaroo); however, the Perth Mint continues to mint the 1-kilo gold bullion coin to this day.

Design of the
2 oz. Gold The Australian Nugget
(Kangaroo) Bullion Coin

Obverse

The obverse side displays the profile of Queen Elizabeth II designed by Ian Rank-Broadley.

Inscriptions:

• ELIZABETH II
• AUSTRALIA
• • 200 DOLLARS • 
  
• IRB - designer's initials
  

Note: The first year of the 2 oz gold bullion coin, it had a face value of "500 DOLLARS;" in 1992, the Perth Mint changed the 2 oz coin's face value to "200 DOLLARS."

Reverse

The reverse side of the 2 oz. Australian Kangaroo gold bullion coin showcases a classic design by Dr. Stuart Devlin, featuring the iconic Red Kangaroo amidst stylized rays of sunlight.

Inscription:

• THE AUSTRALIAN NUGGET
• 2 OZ
• 9999 GOLD
• • 2005 •  (Year of Issue)
  

The edge of the gold bullion coin is reeded.

2 oz. Gold The Australian Nugget
(Kangaroo)
Coin Information

Introduction:............1991

Ofcl. Coin Name........"The Australian Nugget" 1991 - 2007

Ofcl. Coin Name........"Australian Kangaroo" 2008 - 2009

IRA Approved:..........Yes

Grade:......................Uncirculated

Face Value:...............$500 AUD (1991)

Face Value:...............$200 AUD (1992 - present)

Gold Content:............2 troy oz.

Total Weight:............62.207 grams

Purity:......................99.99% (per cent) / 999.9 (per mille)

Karat:.......................24 karat

Diameter:.................40.60mm

Thickness.................4mm

Obverse Designer:....Raphael David Maklouf (1991 - 1997)

Obverse Designer:....Ian Rank-Broadley (1998 - 2018)

Reverse Designer:....Dr. Stuart Devlin (.pdf about Stuart Devlin)

Mint Mark:................1991 - 2007 - No

Mint Mark:................2008 - 2009 - Yes

Edge:........................Reeded

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Australian Kangaroo bullion coins

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2 oz. Gold The Australian Nugget
(Kangaroo)
Bullion Coins - Mintage Figures

Year....Sales.....Mintage

1991....19,438....unlimited....Red Kangaroo

1992....7,563.....unlimited....Red Kangaroo

1993....990.......unlimited....Red Kangaroo

1994....8,408.....unlimited....Red Kangaroo

1995....6,561.....unlimited....Red Kangaroo

1996....7,633.....unlimited....Red Kangaroo

1997....11,388....unlimited....Red Kangaroo

1998....4,071.....unlimited....Red Kangaroo

1999....3,947.....unlimited....Red Kangaroo

2000....2,023.....unlimited....Red Kangaroo

2001....1,981.....unlimited....Red Kangaroo

2002....1,633.....unlimited....Red Kangaroo

2003....2,072.....unlimited....Red Kangaroo

2004....1,766.....unlimited....Red Kangaroo

2005....2,208.....unlimited....Red Kangaroo

2006....2,760.....unlimited....Red Kangaroo

2007....2,398.....unlimited....Red Kangaroo

2008....3,671.....unlimited....Red Kangaroo

2009....3,452.....unlimited....Red Kangaroo

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Australian Kangaroo (Nugget)
Gold Bullion Coin Series

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1 Kilo.

10 oz.

2 oz.

1 oz.

1/2 oz.

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1/4 oz.

1/10 oz.

1/20 oz.

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