15 gold coins, 1/4 oz
Lowest price per coin, from A$1,561
Every gold coin available from Australian bullion dealers, ranked from lowest to highest price at your chosen weight. Use the weight selector above to switch between 1oz, 1/2oz, 1/4oz and smaller sizes. Prices are pulled directly from dealer websites and updated throughout the day.
Why buy gold coins in Australia
Gold coins are the most popular way to buy physical gold in Australia. They are easy to buy, easy to sell, and recognised by dealers worldwide. Every major Australian dealer stocks at least five coin types, giving buyers genuine choice on price and design.
The Australian Kangaroo is Australia's flagship bullion coin, produced by the Perth Mint and available at some of the lowest premiums on the market. For most first-time buyers, a 1oz Kangaroo is the right starting point. If you are comparing dealers, the cheapest 1oz gold page shows all coins and bars together so you can see exactly where the Kangaroo sits against alternatives.
International coins such as the Canadian Maple Leaf and American Eagle are widely stocked in Australia and carry global recognition. They typically cost a little more than the Kangaroo due to import logistics, but are easy to resell anywhere in the world. The American Eagle is 22-carat (91.67 percent gold), so it also attracts GST in Australia and its price includes GST.
How premiums work on gold coins
Every gold coin price has two components: the spot price of the gold content and the dealer premium. The premium covers minting, distribution, insurance, and the dealer margin. A 1oz coin priced at A$7,000 when spot gold is A$6,600 carries a A$400 premium, which is about 6 percent.
Premiums vary significantly between coin types and dealers. The Kangaroo typically carries the lowest premiums because it is minted and distributed locally in large volumes. Imported coins cost more to bring into Australia. Fractional coins (1/4oz, 1/2oz) always carry higher premiums per ounce than full-ounce coins because the production cost per gram rises as the coin gets smaller.
The table on this page shows the cheapest price per coin type at your selected weight. For a full breakdown by dealer, click any coin to see every dealer's current price and the premium each one is charging over spot.
Gold coins vs gold bars for Australian buyers
Gold coins are more liquid than bars. Every Australian dealer buys coins back, and internationally recognised coins like the Kangaroo and Maple Leaf can be sold to dealers in any country. Bars require assay for most non-Perth Mint products and can be harder to sell in smaller amounts.
For investors building a position under roughly 10oz, coins are usually the better choice. For larger purchases, gold minted bars or gold cast bars offer lower premiums and may deliver better value per ounce. The cheapest 1oz gold comparison shows coins and bars side by side so you can decide which suits your position.
If you are also looking at silver, the silver coins page lists every silver coin available in Australia, and the silver bars page covers bars in all sizes.
GST on gold coins in Australia
Investment-grade gold coins are exempt from GST in Australia. To qualify, a coin must be at least 99.5 percent pure gold and in an investment form: marked with its weight and fineness and traded on its gold content rather than as a collectable. Most coins on this page qualify. The exceptions are 22-carat coins such as the American Eagle and Krugerrand, which are 91.67 percent gold, so GST applies and their dealer prices include it. Keep that in mind when comparing their premium over spot with 99.99 percent coins.
Investment-grade silver coins (99.9 percent pure or better) are GST-free too, so gold and silver prices compare on the same basis. GST only applies to collectable, proof and numismatic pieces and to lower-purity silver. The silver coins page lists current silver coin prices. For a full explanation of the GST rules, including what happens when you sell, see our gold GST guide.
Choosing a dealer for gold coins
All dealers listed on this page are reputable Australian businesses with physical operations and established track records. ABC Bullion and the Perth Mint are the largest and most established. Ainslie Bullion, Jaggards, Swan Bullion, Guardian Gold, and KJC Bullion offer competitive pricing on popular coin types.
Price is usually the main factor for standard bullion coins, but shipping speed, payment methods, and buyback terms also matter. A full profile of each dealer including location, accepted payment, and what each does best is on the dealers page. For context on capital gains when you eventually sell, the gold CGT guide explains what you need to know.
Questions about gold coins
What is the cheapest gold coin available in Australia right now?
The live table on this page shows the cheapest price for every coin type at your selected weight. The Australian Kangaroo is consistently among the lowest-premium coins because it is minted locally in high volumes. Prices change throughout the day as dealers update their websites.
Are gold coins GST-free in Australia?
Yes. Investment-grade gold coins that are at least 99.5 percent pure are exempt from GST under Australian GST law. Most coins listed on this page qualify; the exceptions are 22-carat coins such as the American Eagle and Krugerrand (91.67 percent gold), which attract GST. Investment-grade silver coins of 99.9 percent purity or better are GST-free as well.
What is the difference between the Kangaroo, Maple Leaf, and American Eagle?
The Kangaroo and Maple Leaf are 99.99 percent pure gold bullion coins. The American Eagle is 22-carat (91.67 percent gold) but still contains a full ounce of gold. The Kangaroo is produced by the Perth Mint in Australia and typically carries the lowest premium for Australian buyers. The Maple Leaf is from the Royal Canadian Mint and the Eagle from the US Mint; both cost slightly more in Australia due to import costs but are recognised by dealers globally. Because the Eagle is below 99.5 percent purity, GST applies to it in Australia and its dealer price includes GST.
Should I buy a 1oz or fractional gold coin?
1oz coins carry the lowest premium per ounce and are the most liquid. Fractional coins (1/2oz, 1/4oz, 1/10oz) cost more per ounce of gold content but let you invest smaller amounts and sell in portions without breaking up a full ounce. Most investors start with 1oz coins.
Can I buy gold coins for my SMSF in Australia?
Yes. Physical gold coins can be held in a self-managed super fund provided they meet the fund's investment strategy and are stored correctly. The gold must be stored with an approved custodian or vault, not at home. Our guide on buying gold in an SMSF covers the ATO rules in detail.
How do I sell gold coins in Australia?
Most bullion dealers listed on this site also buy coins back. The sell price is typically close to spot with a small dealer margin. Popular coins like the Kangaroo and Maple Leaf are the easiest to sell quickly. Always check the buyback price before you buy, as buyback terms vary between dealers.