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15 Dollars - Elizabeth II 4th Portrait - Kangaroo - Gold Bullion Coin
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2011 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELIZABETH II AUSTRALIA 15 DOLLARS IRB |
| Reverse description | A detailed naturalistic rendering of a crouching kangaroo occupies the central field, set against a boldly radiating sunburst pattern that fans outward from behind the animal. The Perth Mint's 'P' mintmark appears to the right of the design. The legend AUSTRALIAN KANGAROO arcs along the upper periphery, while the inscription 2011 1/10 oz 9999 GOLD is arranged along the lower exergual area, with the engraver's initials AH visible at lower right of the kangaroo. |
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| Additional information |
Australia's gold kangaroo bullion series has been issued continuously since 1987, making it one of the longer-running sovereign bullion programs of the modern era. The fractional denominations — of which this is one — were introduced partly to broaden retail accessibility, though the face value bears no meaningful relationship to gold spot price at any point in the coin's existence.
The .9999 fineness became standard for this series in 1990, a step up from the original .9999 specification that was already among the purest in the world — a deliberate point of market differentiation against the South African Krugerrand's .9167 alloy.