In 1898 The Perth Mint originated as part of the Royal Mint of London system and is know for minting beautiful Australian Gold. It survived both the Sydney Mint and the Melbourne Mint. Today, its bullion coins maintain legal tender status, even though the Perth Mint is no longer affiliated with the Royal Australian Mint.
The Perth Mint began minting the widely popular Australian Gold Kangaroo series in 1987. They were originally called Gold Nuggets with a design of a gold nugget that was later replaced with the kangaroo image in 1990. The Gold Kangaroo coins offer a beautiful wildlife design, featuring a variety of marsupials, including the Nailtailed Wallaby, the Common Wallaroo, and the Grey Kangaroo over the years.
IRA Approved Gold Bullion Coins: If you are looking for gold bullion to be used to fund a precious metals IRA, the Australian Gold Kangaroos are approved by the IRS. World coins like the 2016 1 oz Gold Kangaroo are a popular choice for Precious Metals IRAs, as are many other IRA-approved world coins like Gold Eagles and Gold Maple Leafs.