My Gold Stack - Part 2 Of 4 - Golden Roo's & Nugget coins
I could find at the time.
So what's up next you may be wondering.
Well part 2 of 4 is coins from The Australian Nugget / Kangaroo Gold Bullion Coin Series from 1987 - 2018
All these roo or nugget coins I bought for the same reasons as the last lot of coins I showed you, in part 1. I do try to search these coins out., especially the older ones.
Only at the right price though and they must be cheaper than current releases.
All have rather lowish mintages and are not easy to find at all and do hold/command a nice premium as well. So if I can pick them up cheap enough they do have equity in them.
Not many people seem to want the 1/20oz coins and it seems there often not many bidders for these which is what you want.. Well I do., means they can often be bought with a maiden bid or a cheeky but fair offer.
I could probably flip all of these, if I wanted to and make a profit all be it a small one after ebay fees. But none of these is going anywhere anytime soon. Most of these coins are 1/20 of an oz. Normally you will pay anywhere in the region of 10% to 20% premium over spot on a 1/20 the of an oz coin from a dealer as the smaller a coin is the more you pay over spot and as I said before all are pretty low mintages.
Below is a link to the pdf on the Perth Mint website, if you wanna check the mintages out.
The Australian Nugget / Kangaroo Gold Bullion Coin Series 1987 - 2018
https://www.perthmint.com/documents/Mintages/mintages2/The%20Australian%20Nugget%20%20Kangaroo%20Gold%20Bullion%20Coin%20Series%201987-2018.pdf
So Let's get into the coins In year order, oldest first
First up the 2000 1/20 oz
2000
The Australian Nugget
$5
1/20oz Bullion Nugget Coin 2000
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 37,220
2002
The Australian Nugget
$5
1/20oz Bullion Nugget Coin 2002
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 21,767
2003
The Australian Nugget
$5
1/20oz Bullion Nugget Coin 2003
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 18,426
Yeah we gotta get Queenie in somewhere but all the coins I have, have the date on the reverse. later when we look at the 2009 you'll see that one the dates is not on the reverse it's on the obverse.
2006
The Australian Nugget
$5
1/20oz Bullion Nugget Coin 2006
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 12,299
2009
The Australian Kangaroo
$5
1/20oz Bullion Gold Kangaroo Coin 2009
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 12,161
See no date on this side
Last but not least the one 1/10th oz roo I have.
2011
The Australian Kangaroo
$15
1/10oz Bullion Gold Kangaroo Coin 2011
Kangaroo
Maximum Mintage - 200,000
Declared Mintage - 51,240
The mintages are alot higher on these than the 1/20 oz coins.
Plus in 2012 they stopped doing the roos in 1/20 oz size.
The declared mintage of the 2011 1/20 oz was only 1,093.. Now try finding one of those.
Sometimes max mintage means nothing it's all about sales and if you can find coins like these, that there are not many of. Then they key if you collecting a set and do carry a higher premium over other coins...
I do feel these roos are great value but not easy to find
I hope you all enjoyed reading this post, as much as i did creating it, being the 2nd part of a four part series of post on my Gold stack.
Please checkout my other most recent post
My Gold Stack - Part 1 Of 4 - http://steem.link/5rnk6
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@roxdude
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@roxdude
Some beauties man
Thx, I do like them a lot and is fun searching for them
I really like the 2009 with the joey in the pouch. Great gold. 👍🏻
Thx, deffo the bigger these coins are the easier they are to find and better some of them look as well.
Seen a few 1oz 2009 on Youtube very nice indeed and even though I cannot afford an oz of gold right now. There are other ways to lower the premium. like these coins... Up next 5 gold kookaburra's
everybody goes for the 1 oz. coins. I never considered these, but your narrative makes a lot of sense to me.
I usually collect 1 oz. silver eagles (US), but this may be a sensible way to accumulate gold coins without risk.
Thank you.
Guess it's the same as finding proof gold eagles at the price of bu's and the truth is if you not too fussy what you buy are deals out there... Sometimes coins not in perfect condition but that doesn't matter if you not paying the higher premium on newer coins. older coins can be a good play as I guess also someone bought them at lower prices than now in most cases. up next In part 3 I got 5 great coins I picked up from a set of 20 that was being split by a dealer
Awesome!
Coin collecting is a fun and dying hobby...
Thank you for sharing your story.
True, although there are so many coins being released there's something for everyone that's for sure and I don't think there's been a better time to be a collector or stacker than now.
Great coins. So pretty!
Thx, the 5 gold kookaburra coins in my next post are my favourite gold coins baring my dragons.