At the end of August 2015, the Perth Mint from Australia introduced the 1 troy ounce silver Kangaroo. This coin is struck in 31.103 grams of pure silver (99.99%). The Perth Mint is the most famous mint from Australia where other silver coins were also minted, such as the Kookaburra, Koala and Lunar coins. With the silver Kangaroo came a silver investment coin that was minted in large numbers and priced as favorably as investment coins from other countries. The Kangaroo coins are also issued in gold and platinum.
The silver Kangaroo coin has legal tender status in Australia, with a face value of AUD $1.00. Like the other silver coins, this Kangaroo coin is traded under the margin scheme. This makes the coin for sale at a favorable price.
The Perth Mint issues the silver Kangaroo coins in tubes per 25 pieces, where 10 tubes are packed in a sample box. The mint has therefore opted for a smaller monster box with 250 coins, instead of the usual 500 coins. With orders containing 250 pieces of silver Kangaroo coins, you will automatically receive these coins in the original sample box. The weight of such a box corresponds to about 8 kilograms. In addition, it is possible to buy the silver Kangaroo coins per tubes containing 25 pieces.
On the obverse of the silver kangaroo coin, a similar design is used as the popular 1990 gold Kangaroo coin, also known as the gold nugget, with a large image of a kangaroo on the obverse. The effigy of Queen Elizabeth II is depicted on the reverse of the coin.
The silver kangaroo coin has the same design every year, but the gold kangaroo has a different design every year. The design of these coins is completely dedicated to the kangaroo, the national animal of Australia.
The silver Kangaroo coins have a security decal. However, this emblem can only be seen under a magnifying glass and is placed at the first A of Australia, the text on the reverse of the coin.
All kangaroo coins contain exactly 1 troy ounce (31.103 grams) of pure silver.