Due to the ongoing success of the gold version of the Australian Kangaroo coins, the Perth Mint decided to issue a silver version as well. The Australian Silver Kangaroo coins were first offered in 2015. Their reverse displays the "Red Kangaroo" design that is also used on the larger denominations of the gold version. So, the silver coins don't change their reverse design every year like the gold coins.
The 99.99% pure Australian Silver Kangaroos rank among the highest-purity silver bullion coins. Special anti-counterfeiting measures set the coins further apart from other comparable silver coins. Each coin has a microscopic letter (only visible under magnification) micro-engraved at a specific spot on its surface. The coins are sold individually, in 25-coin tubes and in 250-coin mini monster boxes. Each 25-coin tube is protected from secret tampering through a holographic security strip.
Both brilliant uncirculated and proof coins are issued annually, almost exclusively in the 1 oz denomination. Only proof coins are also minted in the additional sizes of 1/2 oz, 1/4 oz and 1/10 oz. The legal tender 1 oz Australian Silver Kangaroos have an official face value of AUD $ 1 and are fully backed by the Australian government. Individual Retirement Accounts (IRA's) are authorized to include the coins.
|Weight||Face Value||Purity**||Diameter x Thickness|
|1 oz||AUD $ 1||99.99%||40.60 x 2.98 mm|
|1/2 oz*||AUD $ 0.5||99.99%||32.60 x 3.10 mm|
|1/4 oz*||AUD $ 0.25||99.99%||25.50 x 2.50 mm|
|1/10 oz*||AUD $ 0.1||99.99%||20.60 x 2.00 mm|
* only as proof coins; ** the 2015 coins were 99.9% pure
The British monarch Queen Elizabeth II is depicted in profile on the obverse side of the coins. She is shown with her royal tiara. The depiction of the British Queen is meant to symbolize Australia’s ongoing allegiance to the crown and the British Commonwealth. The coin's denomination of 1 Dollar appears below her majesty's image and the words AUSTRALIA and ELIZABETH II are engraved to the left and right of her image.
Whereas the Australian Gold Kangaroo coins depict a different kangaroo image on their reverse side every year, the Silver Kangaroos depict the same "Red Kangaroo" design every year. "AUSTRALIAN KANGAROO” is engraved along the upper edge of the coins above the kangaroo image. A microscopic letter "A" that can only be seen under magnification is engraved within one of the letters in that name. That measure is meant to provide counterfeit protection. The 2017 coins contain the letter within the third "A" whereas the 2016 and 2015 coins contained it within the first "A". The year of mintage, silver weight and purity are engraved along the lower edge of the coins below the kangaroo. The mint mark P appears to the right of the kangaroo's tail on the reverse as well.
The inscriptions on both sides of the coin appear on top of a wavy-line pattern that forms a ring at the coin's edge. The 2015 coins had a frosted ring appearance instead of this pattern.
The Perth Mint introduced the silver bullion version of the Australian Kangaroo coins only in 2015. Mintage was still capped that first year and the coins were only 99.9% pure. That first year's mintage went almost exclusively to a North American distributer that only began marketing the coins in 2016. By that time, the 99.99% pure 2016 coins had already come out. The Perth Mint regards the 2016 coins as the inaugural release and the lower-purity 2015 coins as a "limited forerunner". Since 2016, the coins are minted according to demand.
The brilliant uncirculated version of the coins is only minted in the 1 oz size. However, a 4-coin proof set containing four different denominations (1 oz, 1/2 oz, 1/4 oz, 1/10 oz) was issued in 2016 as well. The 1/4 oz proof coins that are included in this set are also available individually. The 1 oz, 1/2 oz and 1/10 oz proof coins from 2016 are only available in this set though.
The official mintages of the Australian Silver Kangaroo coins were published here by the Perth Mint online.
The planned maximum mintage of 300,000 coins for 2015 was reached and sold out completely. Since 2016, the coins are produced according to demand without a predetermined maximum. A total of 11,245,615 coins was minted that year. By mid-February 2017, a total of 569,968 coins had already been sold of that year's unlimited mintage.
The 99.99% pure Australian Gold Kangaroo coins are also known under their original name as Australian Gold Nugget coins. After displaying various gold nugget images starting with their inaugural issue (as proof coins) in 1986, the coins quickly switched to kangaroo images in 1990 (1989 for proof coins) that change every year since then. A wide variety of denominations are offered from a tiny 1/2 gram all the way up to the world-record 1 tonne coin. Both brilliant uncirculated (BU) and proof coins are issued. Annual mintages of the Australian Gold Kangaroos by the Perth Mint are quite low compared to other gold bullion coins.
The Australian Gold Kangaroo page gives more information about the coins and allows you to compare current prices.
total silver weight: 1.85 oz
The mintage of this 2016 proof set was limited to a maximum of 3,000 units. Included are the proof Australian Silver Kangaroo coins in the denominations of 1 oz, 1/2 oz, 1/4 oz and 1/10 oz. The set is packaged in a presentation case and accompanied by a numbered certificate of authenticity.