The Australian Silver Kangaroo is a one
troy ounce
Troy weight is a system of units of mass that originated in 15th-century England, and is primarily used in the precious metals industry. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and th ...
silver bullion coin minted by the
Royal Australian Mint
The Royal Australian Mint is the sole producer of all of Australia's circulating coins and is a Commonwealth Government entity operating within the portfolio of the Treasury. The Mint is situated in the Australian federal capital city of Canberr ...
in Canberra,
Australia. They have
legal tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in ...
status in
Australia and are one of few legal tender bullion silver coins to change their design every year. This and their limited annual mintage may, unlike for many other bullion coins, raise their
numismatic value over the value of silver used.
The Silver Kangaroo series was introduced in 1993
['2002 $1 Silver Kangaroo coin'](_blank)
, Royal Australian Mint, Media Centre, 22 November 2001. The '2002 $1 Silver Kangaroo' 'is the tenth in the series of Silver Kangaroo $1 coins released since 1993'. Retrieved 12 January 2010. by the
Royal Australian Mint
The Royal Australian Mint is the sole producer of all of Australia's circulating coins and is a Commonwealth Government entity operating within the portfolio of the Treasury. The Mint is situated in the Australian federal capital city of Canberr ...
, an agency wholly owned and run by the Commonwealth Government of Australia. Silver Kangaroo coins are usually issued in two forms: a proof coin and a frosted uncirculated coin, although coins with selective gold plating have also been issued from 2003.
The purity of the coin was 99.9% until 2014, then it has been increased to 99.99% from 2015.
Mintage Numbers
Kangaroo 2016 — 20,000
Kangaroo 2015 — 20,000
Kangaroo 2014 — 20,000
Kangaroo 2013 — 20,000
Kangaroo 2012 — 20,000
Kangaroo 2011 — 20,000
Kangaroo 2010 — 20,000
Kangaroo 2009 — 20,000
Kangaroo 2008 — 6,802
Kangaroo 2007 — 8,598
Kangaroo 2006 — 25,535
Kangaroo 2005 — 26,146
Kangaroo 2004 — 55,057
Kangaroo 2003 — 35,230
Kangaroo 2002 — 32,376
Kangaroo 2001 — 45,562
Kangaroo 2000 — 42,638
Kangaroo 1999 — 49,398
Kangaroo 1998 — 49,398
Kangaroo 1997 — 72,850
Kangaroo 1996 — 49,398
Kangaroo 1995 — 72,850 + Coin Fair — 2,500
Kangaroo 1994 — 44,996 + Coin Fair — 2,500
Kangaroo 1993 — 72,853 + Coin Fair — 5,000
See also
*
Bullion
*
Bullion coin
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes fro ...
*
Inflation hedge An inflation hedge is an investment intended to protect the investor against (hedge) a decrease in the purchasing power of money (inflation). There is no investment known to be a successful hedge in all inflationary environments, just as there is n ...
*
Types of Silver Coins
References
{{Reflist
External links
Royal Australian Mint
Silver coins
Coins of Australia