1 oz Australian Kangaroo Silver Coin (Year Varies)

The 1 oz Australian Kangaroo Silver Coin is a popular bullion coin produced by the Perth Mint.¹ Here is a summary of its key characteristics:

Specifications:

• Weight: 1 troy ounce (31.1 grams)²

   

• Purity: 99.99% pure silver (³$Ag$)⁴

   

• Face Value: 1 Australian Dollar (AUD)⁵

   

• Diameter: 40.6 mm⁶

   

• Thickness: 3.2 mm⁷

   

• Edge: Reeded⁸

   

• Mint: The Perth Mint⁹

   

• Years of Minting: The bullion version of the coin has been minted since 2015.¹⁰

   

Design:

• Reverse: The coin features a design of a hopping red kangaroo.¹¹ Unlike some other Australian coin series (like the Kookaburra or Koala), the kangaroo design generally remains the same from year to year.¹²

   

• Obverse: The obverse typically features a portrait of Queen Elizabeth II (for coins minted before 2023) or King Charles III (for coins minted from 2023 onwards).¹³

   

Value:

The value of the 1 oz Australian Kangaroo Silver Coin is primarily based on the current market price of silver, plus a premium charged by dealers for minting, distribution, and their profit. Since the year of the coin can vary, and it is a bullion coin, its value is tied to its silver content rather than a specific numismatic rarity (unless it is a special edition or proof coin).14

As a general guideline, the price will fluctuate with the spot price of silver.¹⁵ You can find current prices from various bullion dealers who will list a purchase price (what they sell it for) and a buyback price (what they will pay for it).¹⁶