There’s just no way around the fact that Australia will always be known for its wildlife. It’s all over the country and the animals are unique to the continent. That means that there’s no better way to show your love of wildlife than by adding the Australian Wildlife Gold Coin to your portfolio. It’s a coin that’s just as unique as the animals it represents, and you can learn everything you need to know about it right here. Simply read this review to find out if it’s the coin for you and whether or not you can add it to your IRA.
Australian Wildlife Gold Coin Details
- Composition: ¼-oz .9999 fine gold (99.99% pure gold)
- Dimensions: 2.30 mm thick, 20.60 mm diameter
- Manufacturer: The Perth Mint
- Minting Location: Australia
- Obverse Design: A portrait of Queen Elizabeth II wearing her crown and facing the right
- Reverse Design: An Australian Kookaburra, Koala, and Kangaroo
- Face Value: AUD$25
- IRA-Eligibility: Eligible to be held in an IRA
Australian Wildlife Gold Coin History
The Australian Wildlife Gold Coin is minted at the Perth Mint and features many different animals from the continent.
Just some of the animals that have been featured on their coins are kookaburras, emus, kangaroos, koalas, saltwater crocodiles, wombats, and more. What makes this coin unique is the fact that it features three famous Australian animals. Each coin has the kangaroo, koala, and kookaburra.
If you are looking for the right Australian gold coin to add to your portfolio, this unique option featuring these three famous animals may just be the right choice for you.
Naturally, you want to make sure that its value will hold and that it will be able to be added to your IRA to get the most use out of it when it comes to your wealth.
The Coin Design
Jody Clark’s “fifth portrait” of Her Majesty Queen Elizabeth II is the featured image on the obverse of this coin.
In this famous portrait of the Queen, which is also used on many other Australian coins, Her Majesty is shown looking to the right while wearing the Royal Crown, a necklace and earrings.
A round border surrounds the Queen’s portrait with the words “Elizabeth II Australia” along the top. 25 Dollars, which is the coin’s face value, is stamped along the bottom of the border.
The reverse of this coin is where it’s at for Australian wildlife lovers. The back is loosely sectioned into three parts, each depicting a different animal.
A large Australian kookaburra sits on a tree branch on the left side of the coin, looking to the right. Next to the kookaburra is a hopping kangaroo, and below the kangaroo is a close-up of a koala’s face.
“Australian Wildlife” is written at the top of the coin, ¼ oz. 99.99 gold is written under the kangaroo, and a P for Perth Mint is stamped over the koala’s ear. It’s one of the nicest coins that you can find.
The Coin Value
Although the face value of the Australian Wildlife Gold Coin is only $25 AUD, the actual value of the coin is much higher.
That’s because it’s worth ¼ oz. of 99.99% pure gold. While the actual value will vary quite a bit, you can talk to a precious metals dealer to find your contemporary value.
It will always be just as valuable as gold and that’s what makes it such a great investment. No matter how much money you put into it, you’ll always be able to get it out again whenever you want to spend it.
Can The Australian Wildlife Gold Coin Be Added To An IRA?
In order to find out if you can add this coin to your IRA, the first thing you have to understand is what an IRA actually is.
Gold IRAs, which may also be called Precious Metals IRAs, are one type of Self-Directed IRA. With a Gold IRA, you can invest in physical gold coins and bars in your retirement account, rather than, or in addition to, holding the traditional stocks and bonds that most individuals hold.
Gold IRAs make it possible to diversify your investments while also receiving the tax benefits that IRA holders receive.
However, while a Gold IRA allows you to invest in physical precious metals, you cannot just add any gold items to your account. The gold coins or bars you invest in must be at least 99.5% pure.
Since this coin is 99.99% pure, it can certainly be added to your IRA. That makes it even more valuable to you and anyone else who wants to add to their retirement. If you want to find out just how much each coin is worth, all you have to do is speak to a precious metals dealer.
Is The Australian Wildlife Gold Coin A Good Investment?
The Australian Wildlife Gold Coin is a very good investment. You really can’t beat gold when it comes to turning your liquid assets into tangible wealth. You’ll always have the gold and its value will only vary so much throughout the years.
If you enjoy animals and want to see everything that Australia has to offer you then this is the perfect coin for you. Add it to your portfolio today and you won’t regret your decision to add tangible gold assets to your overall wealth for you and your family.