Silver Kangaroo Values
The Perth Mint, a renowned Australian government-owned mint, produces silver Kangaroos. The coins were introduced in 1993 as a silver counterpart to the popular Gold Kangaroo coins. The reverse design portrays a kangaroo in different poses each year, reflecting the coin's ongoing appeal. The most common size for Silver Kangaroo coins includes 1 oz of .999 fine silver. They are struck in .9999 fine silver, making them highly pure and valuable to collectors and investors.
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British Pound
- Premiums
- Melt
About the Silver Kangaroos
Silver Kangaroos produced by the Perth Mint have to increased premiums in recent years consistent with other sovereign mints. The Kangaroo is one of the lowest priced silver coins produced by a sovereign mint, similar in price to Britannias or Philharmonics. The Kangaroo is a bullion coin minted without arbitrary production caps, making it easier for the coin to find price equilibrium in the market. With the Silver Eagles’ supply constraints, the Silver Kangaroo overtook the Eagle as the most bought silver coin in the world recently. As this coin is produced with volume in mind, it should be expected that premiums remain reasonable compared to other coins. Kangaroos can sometimes be purchased for less than the price of generic silver bars and rounds.
