The 1 kilogram silver Koala coin, minted in 2018 by The Perth Mint of Australia, contains 1,000 grams of 99.99% pure silver and is encased in a protective capsule. The coin has a diameter of 100.6 mm and a thickness of 14.6 mm.
The 1 kilogram silver Koala coin from 2018 is minted by The Perth Mint of Australia. Each coin contains 1 kilogram of pure silver (99.99%) and is individually packaged in a protective capsule. The Koala series by The Perth Mint features a different design each year, showcasing one or more koalas.
Due to their legal tender status, these silver kilo coins can be traded under the margin scheme. This makes the silver kilo coins attractive to investors seeking to purchase larger denominations of physical silver, as under the margin scheme, VAT is only applied to the profit margin of The Silver Mountain, rather than the total value of the silver as with silver bars.
With a diameter of 100.6 mm and a thickness of 14.6 mm, this is a very large coin and literally a handful of silver. Additionally, the coin is popular among collectors due to its annually changing design.
The obverse of the coin depicts a single koala seated on a branch with several flowers in the background. Surrounding the koala are inscriptions AUSTRALIAN KOALA – the name of the coin, 2018 – the year of issue, and 1 KILO 9999 SILVER – indicating the weight, purity, and metal type.
The reverse features the portrait of Queen Elizabeth II. Surrounding the portrait are inscriptions ELIZABETH II – the name of the queen, AUSTRALIA – the issuing country, and 30 DOLLARS – the nominal value of the coin in the country of origin.