Description
The kangaroo is so popular as a symbol on national currency, that a separate program is run by the Royal Australian Mint that features the kangaroo on official currency released into circulation for use by the public in transactions.
The Perth Mint Australian Silver Kangaroo was introduced in 1993 as a proof coin. Each year the Perth Mint produces the proof Silver Kangaroo in limited mintages. In recent years, the coin has been struck in a brilliant high-relief proof to add to the collectible value of these stunning coins. The design motif remains the same on the coins each year, but the specific design of the kangaroo is changed from one year to the next, adding value and demand to the coin.
All of the Australian Silver Kangaroo coins produced by the Perth Mint feature 1 oz of .999 pure silver. The coins are considered legal tender in Australia, and have been issued a face value of $1 (AUD) by the Australian government as a result.
Inspired by the demand for its Proof Silver Kangaroo coins and building upon the tradition of its other silver bullion coin programs, the Perth Mint unveiled an all-new Australian Silver Kangaroo coin in 2016. The coins are linked to the popular Australian Silver Kookaburra and Australian Silver Koala coins. These coins are bullion products struck on an annual basis by the Perth Mint, with consistent images on the obverse each year and a brand-new design on the reverse with each new year.
The all-new Australian Silver Kangaroo is similar in many fashions to the bullion coins that have preceded it, but stands apart in one key manner. While the Australian Silver Kangaroo will feature the same obverse image found on the obverse of all Perth Mint coins, that of Queen Elizabeth II. On the reverse, the nation’s largest marsupial will be featured each year in a new design motif.
In a step that is different from the other bullion coin programs, the all-new Australian Silver Kangaroo is struck using .9999 pure silver. It is the first .9999 pure silver coin ever produced by the Perth Mint. The coins will bear the same $1 (AUD) face value as other silver bullion coins, but boasts a greater purity.
