Homepage / Bullion Coins: Australian Coins / 1 oz. Silver Australian Kangaroo
Updated on 03/27/2024
In 2015, the Perth Mint introduced a limited edition of the 1oz. Silver
Australian
Kangaroo bullion coin that had a purity of only .999 fine silver. (click images to enlarge)
Then, in 2016, the Perth Mint started the production of a new version of the 1 oz. Silver Australian Kangaroo bullion coin made with a purity of .9999 fine silver.
There is more information about the 2015 1oz Silver Australian Kangaroo below.
The Australian Kangaroo Silver bullion coin pays tribute to Australia's most recognizable and largest native terrestrial marsupial, the Red Kangaroo.
The reverse design of the silver bullion coin features the Red Kangaroo's bounding movement within the sun's stylized rays, a design similar to the reverse side of the Australian Kangaroo 1-kilo gold bullion coin.
The 1oz. Silver Australian Kangaroo bullion coin has become a favorite among investors and collectors alike.
The Perth Mint offers the bullion coin with an unlimited production mintage, unlike its other silver bullion coins, which have a limited mintage of under 1 million.
In its second year of production (2016), the Perth Mint sold over 11 million 1 oz. Silver Australian Kangaroo bullion coins.
The direction of the monarch's face is a subtle difference between the 2023 and 2024 Silver Kangaroos.
On the 2023 Silver Kangaroo, the late Queen Elizabeth II faced to the right, and now the new King of England, Charles III, is facing the left.
Switching the direction a monarch faces on British Commonwealth coinage is a tradition that dates back to the 17th century for the British Royal Family.
Note: At the top of the 2023's Silver Kangaroo's obverse side shows the the dates 1952-2022, which represents the duration of Queen Elizabeth II's reign. (click images to enlarge)
The obverse of the 1oz. Silver Australian Kangaroo bullion coin portrays the profile of His Majesty King Charles III, designed by David Thorne.
Inscriptions:
Obverse Coin image provided courtesy of The Perth Mint
The reverse of the 1oz. (troy) Silver Australian Kangaroo bullion coin depict the classic artistry of a bounding Red Kangaroo surrounded by rays of sunlight.
Inscriptions:
The silver bullion coin has a reeded edge.
Reverse Coin image provided courtesy of The Perth Mint
The Perth Mint has added a new Security Authentication Feature to the silver Australian Kangaroo bullion coin’s reverse side in the form of a micro-laser engraved "A" found within one of the "A's" in the coin’s AUSTRALIAN KANGAROO heading.
In 2018, the Perth Mint's marketing brochure stated that the 'A' can be found "within the coin's AUSTRALIAN KANGAROO heading;" no specific "Letter" was specified.
Note:
In 2016, the Perth Mint stated that the micro-laser-engraved "A" would only be found in the first "A" of AUSTRALIAN.
In 2017, the Perth Mint stated the micro-laser-engraved "A" would be found in the third "A" in "AUSTRALIAN."
Click here and here to see examples of 2017's "A" placement in the word "AUSTRALIAN."
After the Perth Mint released the 2016 1oz. Silver Australian Kangaroo bullion coin, numerous users on internet coin forums noticed and expressed concern that a 2015 version of the piece had already been produced.
'CoinWeek' investigated the matter and wrote the following about the coins:
"It turns out that the 2015 issue was produced at the initiative of eBay and Bay Precious Metals (BPM), a division of Coins ‘N’ Things, a U.S. Mint-Authorized Purchaser and the largest supplier of precious metal planchets to the United States Mint. There are also design elements–small wavy lines that circle around the outer edge of the design are present on both the obverse and reverse of the 2016 coin–that do not appear on the 2015 issue. Instead, the relevant area is blank and frosted." |
Introduction:........2015
Ofcl. Coin Name..."Australian Kangaroo"
IRA Approved:......Yes
Grade:.................Uncirculated
Face Value:..........$1 AUD
Silver Content:.....1 troy oz.
Total Weight:.......31.107 grams
Purity:.................99.9% / .999 (2015)
Purity:.................99.99% / .9999 (2016 - Present)
Diameter:............40.60 mm
Thickness:...........2.98 mm
Designers:...........Ian Rank-Broadley (obverse) (2015-2018)
Designers:...........Jody Clark (obverse) (2019 - Present)
Mint Mark:...........Yes ('P' - The Perth Mint)
Edge:..................Reeded
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Notice
Year.........Sales..............Mintage
*Limited Edition bullion coin
*2015........300,000...........300,000.........Red Kangaroo
2016......11,245,615..........unlimited........Red Kangaroo
2017.........5,178,016.........unlimited........Red Kangaroo
2018.........4,395,517.........unlimited.........Red Kangaroo
2019.........5,650,501.........unlimited.........Red Kangaroo
2020.........13,169,939.........unlimited.......Red Kangaroo
2021.........11,735,394.........unlimited.......Red Kangaroo
2022.........1,980,440.........unlimited.......Red Kangaroo
2023.........TBA.................unlimited.......Red Kangaroo
2024.........TBA.................unlimited.......Red Kangaroo
TBA - to be announced
Mintage figures were last updated on 3/24/23...
We are waiting on the Perth Mint to update their mintage figures
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Silver Kangaroo Bullion Coin
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