The Australian Silver Kangaroo series began in 1993 and is minted by the Royal Australian Mint in Canberra, Australia. Unlike most national bullion coins that enjoy legal tender status, the design of these coins is changed each year. This fact leads some to believe that because of their limited mintage, the coins may enjoy a numismatic premium in the years to come.

The design for the 2016 Silver Kangaroo coin minted by Australia’s Perth Mint was a closely guarded secret that was revealed to the public at the World Fair of Money. Unlike most coins where the obverse and reverse designs are from the same person, the Australian Silver Kangaroo bullion coin’s obverse was designed by Ian RankBroadley and the reverse by Dr. Stuart Devlin.

The Kangaroo silver bullion coin is Australia’s attempt to rival the American Silver Eagle’s dominance of coins minted by sovereign nations. All products from the Perth Mint are considered legal tender under Australia’s Currency Act of 1965.

If you have questions about these coins, you can call us 800-701-3546, or connect with us in writing via email.