Australian Gold Nugget animals from the Chinese calendar instead of the kangaroo. Australian Gold Nugget The Australian Gold Nugget is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of oz, oz, oz, oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold. They have legal tender status in Australia and are one of few legal tender bullion gold coins to change their design every year, another being the Chinese Gold Panda. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value
Fineness the volume of gold in an alloy, divide the volume of gold in cubic centimetres or in millilitres by the total volume of the alloy in cubic centimetres or in millilitres. For 10-carat gold, the gold volume in the alloy represents about 26% of the total volume for standard yellow gold. Talking about purity according to mass could lead to some misunderstandings; for many people, purity means volume. "Karat" is a variant of "carat". First attested in English in the mid-15th century, the word "carat" came from Middle French , in turn derived either from Italian or Medieval Latin .