Australian Silver Kangaroo
Perth Mint · Australia · Silver · 1 troy oz · .9999 fine
Typical dealer premium: 12–22% over spot.
The Australian Silver Kangaroo is produced by the Perth Mint and shares the same annual design-change tradition as its gold counterpart. Struck in .9999 fine silver — the highest purity of any major silver bullion coin — it is legal tender in Australia with a face value of $1 AUD. The Silver Kangaroo was introduced in 2016 and quickly became popular with investors who wanted high-purity silver at competitive premiums.
Like the Gold Kangaroo, the Silver Kangaroo's reverse design features a new kangaroo image each year, adding a collectible dimension to a pure investment product. The Perth Mint's rigorous quality standards mean each coin is struck to precise specifications, and the coins are available in individual tubes and monster boxes for bulk buyers.
Silver Kangaroos trade at premiums of 12–22% above spot, comparable to the Silver Maple Leaf and Silver Britannia. Their .9999 purity matches the Silver Maple Leaf for the highest purity among major silver coins. They are IRA-eligible in the United States and particularly popular among investors in Asia and the Pacific.
- What makes the Silver Kangaroo unique among silver coins?
- The Australian Silver Kangaroo is struck in .9999 fine silver — matching the Silver Maple Leaf for the highest purity among major silver bullion coins. Its reverse design changes annually, and it is produced by the renowned Perth Mint. It is IRA-eligible in the United States.
- When was the Silver Kangaroo introduced?
- The Perth Mint launched the Australian Silver Kangaroo bullion coin in 2016. Prior to that, the Perth Mint produced the Australian Kookaburra and Koala as its primary silver bullion coins. The Kangaroo was introduced to align with the popular Gold Kangaroo series.
- Are Silver Kangaroo premiums competitive?
- Yes. Silver Kangaroos trade at premiums of 12–22% above spot, which is competitive with other major silver coins. Their .9999 purity is higher than the Silver Eagle and Britannia (.999), potentially offering better long-term value for purity-conscious investors.