CERTIFIED MINT SITES

"Precious metals have had value in all civilizations, have survived all financial crises, and can be expected to do the same in the future.       However, it is to all investors' interests that they know what they are doing before investing in precious metals."  

Bill Haynes
President
Certified Mint, Inc.

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Gold bullion coin investors looking for 24 karat gold coins should consider the Australian Kangaroo Nuggets, which are the most neglected 1-oz gold coins in the US market. 

In 1987, Australia introduced a 1-oz gold bullion coin with the image of the largest gold nugget ever found on the reverse, the 2,284-oz Welcome Stranger nugget, which was found in Western Australia in 1869.  This new gold bullion coin was appropriately named the Australian Nugget.   The obverse carries an image of Queen Elizabeth II, as do most Australian gold coins. 

Since 1990, however, the reverse has carried the image of a kangaroo, with the design changing yearly.  As a result, Nuggets are frequently referred to as Kangaroo Nuggets.  Unlike the Australia’s Perth Mint Lunar Series gold coins, Nuggets have no production limits.

CMI believes that Kangaroo Nuggets should be the first choice of investors wanting 9999 fine (24 karat) gold coins.  Nuggets come individually capsulated in protective plastic covers, which do an excellent job of keeping the coins from being scratched or damaged.  By comparison, Canada’s Gold Maple Leafs are notorious for being easily scratched or damaged. 

Gold Maple Leafs have a clear “field” behind Queen Elizabeth’s head and sharp milled edges.  When putting these coins back in their tubes, it is difficult not to scratch them.  Dropping them almost guarantees damage.  Yet, Gold Maple Leafs are the favorite 9999 fine gold coins sold in the US.  This is probably because of Canada adjoining the US and because of what was once an excellent marketing program.  Nevertheless, investors should not overlook Australia’s Gold  Kangaroo Nuggets when buying gold bullion coins.  This is especially true for investors wanting pure gold coins.