Australian Gold Nugget

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The Australian Gold Nugget, also sometimes known as the Australian Gold Kangaroo,^[2] is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of 1⁄20 oz, 1⁄10 oz, 1⁄4 oz, 1⁄2 oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold.

They have legal tender status in Australia—though worth far more as bullion than their face value—and are one of few legal tender bullion gold coins to change their design every year, another being the Chinese Gold Panda. This may raise their numismatic value over the value of gold used, unlike many other bullion coins.^{[citation needed]}