From 1986 to 1989, the reverse of these coins portrayed various Australian gold nuggets, hence the name Australian Gold Nugget even till today.
Each Australian Gold Nugget contains 99.99% pure gold.
The 2016 1 oz Gold Kangaroo features a kangaroo resting on its haunches with the silhouette of another kangaroo in the background, along with the inscription “Australian Kangaroo,” the “P” mintmark, date, purity and weight.
After the year 1989, the design was changed to feature Australia’s most famous marsupial, the kangaroo.
Australian Legal Tender
The coin is issued as legal tender under the Australian Currency Act 1965.