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1oz Australian Kangaroo Silver Coin 2023

In Stock
Tavex is pleased to present the 1oz Australian Kangaroo Silver Bullion Coin. Founded over a century ago, The Perth ... read more
We sell We buy Spread
1-24
£34.97
£23.02 34.17%
25-99
£34.85
£23.02 33.95%
100-499
£34.61
£23.02 33.49%
500+
£34.25
£23.02 32.79%
Pick-Up From Office: FREE
Delivery Costs From: £5.00
See less
Pick-Up From Office: FREE
Delivery Costs From: £5.00
See more
The photos are used for illustration purposes only and may not be an exact representation of the product.

Introduction

Tavex is pleased to present the 1oz Australian Kangaroo Silver Bullion Coin. Founded over a century ago, The Perth Mint has established itself as a hallmark of purity, quality, and prestige in the world of precious metals. The Australian Kangaroo, issued for the first time in 2016 by the Perth Mint, is the first silver bullion coin to commemorate one of the world’s most unique animals: the Australian Kangaroo.

Boasting 99.99% pure silver this silver coin exhibits exceptional beauty and purity. It is well suited for both collectors and private individuals. Considered legal tender in Australia, the one troy ounce Australian Silver Kangaroo coin carries a denomination of 1 Australian dollar. In addition, it features a micro-engraved security mark that guarantees the authenticity of the coins.

As a long-term partner of the Perth Mint, at Tavex we can offer competitive prices and market-leading quotes above SPOT price for any desired quantity of this elegant silver coin.

Why Buy

  • The value of the 1 oz Australian Kangaroo Silver coins tracks the price of silver. The value of Australian Silver Kangaroo coins is primarily determined by their fine silver content, which is linked to the prevailing price of silver.
  • The price of Australian Silver Kangaroo coins will rise with inflation. Silver has proven itself throughout history to be a great asset in times of high inflation, appreciating faster and higher than most other assets.
  • Australian Silver Kangaroo coins are money. Australian Silver Kangaroo silver bullion coins are legal tender in Australia. This 1oz silver coin is accepted and exchanged over large parts of the world.
  • Australian Silver Kangaroo coins are available at a low premium. As a partner of the Perth Mint, Tavex can offer market-leading quotes for Australian Kangaroo silver coins.
  • Australian Silver Kangaroo coins are internationally recognised. As the only legal tender silver bullion coin in the world to portray a kangaroo, an animal native to Australia, recognition is ensured worldwide.
  • Australian Silver Kangaroo coins are .9999 pure silver. Australian Silver Kangaroo are a great way to be able to physically hold your investment of .9999 pure silver.
  • Australian Silver Kangaroo coins are the equivalent of savings. The historical low price of silver compared to gold makes it an ideal purchase for people who wish to buy smaller amounts. Also, to the investors who believe they are getting more precious metal for their “buck” in anticipation of a steeper appreciation of the price of silver compared with gold.

Buying silver items means low risks and maintaining wealth

Silver's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    £34.97
  • Buyback price
    £23.02
  • Your risk now
    £11.95

Fact: silver price in GBP has risen 95.15% in the last 10 years. The lowest price was 8.97 GBP/oz and the highest 25.60 GBP/oz. Current world market price is 24.21 GBP/oz

History

Australian Kangaroo

Kangaroos are only found in Australia; these unique animals have gait and movement unlike any other animal in the world. The red Kangaroo, depicted on the coin, is the largest of all kangaroos, the largest terrestrial mammal native to Australia, and the largest extant marsupial. They hop across Australia on large, powerful legs and use an oversized, muscular tail to help balance their bodies. They are found across mainland Australia, avoiding only the more fertile areas in the south, the east coast, and the northern rainforests.

Kangaroos were first depicted on the coin in 1989 when the Perth Mint released their Gold Nugget coin in a new design and changed its name to Kangaroo. Besides being depicted on the Australian Kangaroo coins, the Kangaroo appears as an emblem on Australia’s coats of arms. Thus, the Kangaroo is deemed to be the unofficial symbol of Australia. In 2016 the Perth Mint launched the Australian Silver Kangaroo bullion coin; until then, all silver coins depicting kangaroos were proof coins with limited edition. 

The design for this brand-new coin from Australia’s Perth Mint was a closely guarded secret that was only revealed to the public at the World Fair of Money. This coin was set to rival the American Silver Eagle’s dominance of the precious metals coin market. However, unlike other Australian silver coins (Kookaburra, Koala, Lunar), the silver Kangaroo has the same design annually, and its production volume is not limited.

The Perth Mint

The Perth Mint is a world distinguished mint and precious metals refiner that is located in the City of Perth, in Western Australia. The Perth Mint was founded in 1896 by Britain’s Royal Mint in response to the newly discovered gold deposits in Western Australia. Perth Mint’s task was to refine gold ore from the mines and to strike sovereign gold coins from the refined bullion. Between 1899 and 1931 the Pert Mint produced  a considerable amount of gold sovereigns which were distributed in Australia  and throughout the British Empire to be used as circulating currency. British control over Perth Mint was relinquished in 1971 to the Government of Western Australia which then assumed ownership of  the  mint.  Today,  the  Perth  Mint  is  hailed  for  the exceptional  quality  of  its  world  class investment bullion coins like the Kookaburra and Koala silver coins, and the Lunar Series. The Perth Mint has been a member of the London Gold Market (predecessor of the LBMA) since 1934. The swan design, which is the Mint’s official assay stamp registered with the LBMA, is recognised internationally and was inspired by the Mint’s location in Perth, where the main river, the Swan, runs through the city. 

Product weight in grams
31.10658
Silver weight in grams
31.10347
Fineness
999.9
Silver weight in troy ounces
1
Diameter (mm)
40.6
Thickness
-
Face value description
1 dollar
Manufacturer
The Perth Mint, Australia

Obverse

Issued as Australian legal tender, the obverse of each coin bears the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the year-date.

Reverse

The coin’s reverse portrays the classic red kangaroo design by Dr Stuart Devlin AO CMG, goldsmith and jeweller to Her Majesty Queen Elizabeth II. As a Perth Mint first, the coin includes an authentication feature on the reverse. In the form of a micro-laser engraved letter ‘A’ within the word AUSTRALIA, it is only detectable under a magnifying glass. The authentication feature is designed to make it significantly more difficult for the coin to be counterfeited, providing peace of mind to our customers.

Packaging

The silver coin is packaged in a transparent coin capsule. Quantities of 11 or more will be sent in original factory tubes. Multiples of 25 are available in original mint-sealed tubes. For bulk purchases, we stock original Perth Mint sealed boxes which contain 10 tubes with twenty-five Silver Kangaroos to a tube (250 coins in total).

We understand the importance of ensuring that you receive your order in a safe and secure manner. That’s why each order goes through additional quality control, is carefully packaged in a protective box and discreetly labeled to guarantee the protection of your privacy. Additionally, we take extra steps for your peace of mind – every shipment is fully insured, so you don’t have to worry when ordering products online.

We are committed to providing you with the best possible service and experience, and we believe that one important aspect of the process is a safe and secure shipment process. If there are any issues with your shipment, such as damage or loss, please don’t hesitate to reach out to us. Our dedicated customer support team is always available to help by phone 020 4541 4145 or tavex@tavexbullion.co.uk, and we will do everything in our power to sort out any problems and get your order to you in a timely and efficient manner.

After we dispatch your parcel, we will provide you with a tracking number so that you can track its progress and see exactly where it is at all times. This way, you can stay informed about the status of your order and know exactly when to expect it to arrive. Transparency is key to a great customer experience, and we are always here to help with any questions or concerns you may have.

Each order is discreetly packed and fully insured, so you can safely order products online – additionally, after dispatch, we will provide you with the package number, so you will be able to track its entire route.

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