australian silver kangaroo coins

By | June 29, 2016

The beloved Australian kangaroo is now presented in outstanding rendition as legal-tender bullion coinage by the Perth Mint.

Australian Silver Kangaroo Coins

5ac5d9c9ca40bef249ffabf1246a155cThere is no creature more commonly associated with Australia than the kangaroo. Now the Perth Mint is offering a stunningly beautiful bullion coin iconifying this magnificent creature.

The coin is valued at AUS $1.00 and is made from .9999 pure silver. The coin’s reverse depicts a bounding kangaroo, the date, weight and fineness of the silver. The image of Her Majesty Queen Elizabeth II and the coin’s face value is on the obverse.

Kangaroo Facts for the Collector and Investor

170px-Kangaroo_Sign_at_Stuart_HighwayThe kangaroo is the beloved although unofficial symbol of Australia. It appears as an emblem on the Australian coat of arms and is depicted in some Australian currency. The animal  immediately captured the imagination of European explorers upon arrival in Australia.

Kangaroos are marsupials. The young are called “Joeys” in generally stay in their mother’s pouch where they continue to develop after they are born.

Kangaroos are characterized by  large, powerful legs, large feet adapted for leaping and bounding, a long muscular tail for balance, and a rather small head.

There are many types of kangaroos. Perhaps the best known is the large Red Kangaroo. Other types include the grey and antilopine kangaroos. Smaller kangaroos-like animals are known as wallabies.

Kangaroos are shy and retiring by nature, and in normal circumstances present no threat to humans. They can be hazards to vehicular traffic. In many parts of Australia, vehicles are outfitted with “Roo-bars” to minimize the effect of kangaroo-car collisions.

This Coin is in High Demand

kangaroo Australian silver kangaroo coins are in high demand. A recent article that appeared in The Australian highlight the strong demand by foreign, especially American, collectors and investors. According to the article:

  • “The popularity among American investors and collectors of a silver coin emblazoned with a kangaroo has caught the Perth Mint by surprise.”
  • “Sales of silver coins from the Australian mint have doubled over the past year, far outpacing growth in demand for other coins including those made of gold and the US Mint’s popular silver American eagles.”
  • The coin, the Perth Mint’s first coin with the image of  the iconic kangaroo, has the most identifiable Australian animal on it, attracting American and other investors to buy.

Buying Australian Silver Kangaroo Coins

Many collectors and investors would love to add Australian Silver Kangaroo Coins to their collections. They are readily available from Amazon and on eBay. These can be great sources and you can find them there at good prices.

Many folks like to do their bullion coin buying from trusted dealers. BGASC Gold and Silver Coins is an excellent source for the Koala bullion Coin. These coins make excellent gifts. You can get them here:

Buy Gold And Silver Coins
Update: July 22, 2016: The Perth Mint has announced that sales of its 2016 Australian Silver Kangaroo bullion coins have exceeded 10 million coins.This according to a report in Coin Week. Strong sales in North American and European markets have fueled sales of this popular coin.

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