The 1 oz Silver Kangaroo Coin

The 1 oz Silver Kangaroo Coin is a bullion coin produced by the Perth Mint in Australia. It is part of the Perth Mint's Australian Kangaroo series, which features the iconic kangaroo design on its reverse side.

Here are some key details about the 1 oz Silver Kangaroo Coin:

Composition: The coin is made of 1 troy ounce of .9999 fine silver, which means it contains 99.99% pure silver.

Design: The obverse side of the coin features an effigy of Queen Elizabeth II, designed by Jody Clark. The reverse side showcases the kangaroo, a native Australian marsupial, designed by Dr. Stuart Devlin.

Legal tender: The 1 oz Silver Kangaroo Coin has a face value of $1 Australian dollar, although its intrinsic value is based on the silver content rather than its face value.

Purity and weight: The coin's high purity of .9999 silver content ensures its quality and makes it a popular choice among investors and collectors alike. It weighs precisely 1 troy ounce (31.1035 grams).

Packaging: The coin is typically available in individual protective plastic capsules. It may also be purchased in mint-sealed rolls or larger quantities in sealed monster boxes.

Limited mintage and years of issue: The Perth Mint releases new designs of the Silver Kangaroo coin annually, and some years may have limited mintage numbers, which can enhance their collectability.

The 1 oz Silver Kangaroo Coin is widely recognized in the precious metals market and is often sought after by both investors looking to diversify their portfolios with silver bullion and collectors interested in the design and limited edition releases.