Australian Kangaroo (1 oz Silver)
2016-Present • Australia • $1 AUD
About This Coin
The Australian Silver Kangaroo features a new kangaroo design each year, struck by the prestigious Perth Mint. Known for high-quality minting and beautiful designs celebrating Australia's iconic marsupial.
Specifications
Composition
99.99% Silver
Weight
31.1 grams (1 troy ounce)
Diameter
40.6 mm
Edge
Reeded
Designer
Perth Mint (various artists)
Mintage
Unlimited (bullion)
Estimated Values by Condition
| Condition | Estimated Value |
|---|---|
| Poor (P) | N/A (bullion) |
| Good (G) | N/A (bullion) |
| Fine (F) | N/A (bullion) |
| Very Fine (VF) | N/A (bullion) |
| Extremely Fine (EF/XF) | Silver spot + $3-6 |
| Uncirculated (MS) | Silver spot + $4-8 |
* Values are estimates based on market data and may vary significantly based on specific condition, mint mark, and market demand.
Identification Tips
The obverse features Queen Elizabeth II (2016-2022) or King Charles III (2023+). The reverse shows a kangaroo in a new design each year. The Perth Mint's "P" mintmark appears on the reverse. Look for ".9999" purity marking - Perth Mint uses .9999 (four nines) silver vs .999 (three nines) used by most other mints. Coins come in protective capsules. Check year carefully as designs change annually.
Historical Context
The Perth Mint in Western Australia has a rich history dating to 1899 (British colonial era). The Silver Kangaroo series launched in 2016 (previously it was the Silver Kookaburra that started in 1990 with changing designs). Like Chinese Pandas, Kangaroos feature annually changing reverse designs, adding collectibility. Perth Mint is renowned for exceptional quality and innovative designs. They also produce gold Kangaroos (since 1989) and other wildlife series.
Notable Varieties
- Annual design changes
- Proof versions
- High relief editions
- Limited mintage special releases
Frequently Asked Questions
What makes Australian Kangaroos special?
.9999 purity (99.99% vs typical 99.9%), changing annual designs, Perth Mint's reputation for quality, and government guarantee. They're highly liquid and recognized worldwide. Lower premiums than Pandas but more collectible than generic rounds.
Kangaroo vs Kookaburra - which is better?
Kookaburras (started 1990) have longer history and can have higher premiums due to mintage limits. Kangaroos (started 2016) have lower premiums and unlimited mintage, making them better for pure silver stacking. Both have changing designs. Choose based on whether you prioritize lower cost (Kangaroo) or potential collectibility (Kookaburra).
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Quick Info
Category
bullion
Country
Australia
Years Minted
2016-Present
Face Value
$1 AUD