The 1989 1oz Australian Gold Kangaroo bullion coin is a key transition issue in The Perth Mint bullion programme. While 1989 also included the Welcome Stranger nugget reverse, this Red Kangaroo version introduced the animal design that would become the defining identity of the modern Australian Kangaroo gold bullion series.
Struck from one troy ounce of 99.99% pure gold, the coin combines investment-grade gold content with strong collector importance. It is especially desirable for collectors building a complete Australian Nugget and Kangaroo date run because the 1989 year contains two distinct recognised reverse types.
The obverse features Queen Elizabeth II by Raphael Maklouf, while the reverse carries the Red Kangaroo design surrounded by the Australian Nugget legend.
