Australian Silver Kangaroo
Encyclopedia
Silver Kangaroo (Australia)
Face Value: $1 AUS
Mass: 1 troy ounce
Troy weight
Troy weight is a system of units of mass customarily used for precious metals, gemstones, and black powder.There are 12 troy ounces per troy pound, rather than the 16 ounces per pound found in the more common avoirdupois system. The troy ounce is 480 grains, compared with the avoirdupois ounce,...

Composition: 99.9% Ag
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...

Diameter: 40.00mm
Edge: Reeded
Years of Minting: 1993–present
Reverse
Design: Kangaroo
Kangaroo
A kangaroo is a marsupial from the family Macropodidae . In common use the term is used to describe the largest species from this family, especially those of the genus Macropus, Red Kangaroo, Antilopine Kangaroo, Eastern Grey Kangaroo and Western Grey Kangaroo. Kangaroos are endemic to the country...

Designer: Horst Hahne
Design Date: 1993
Obverse
Design: Queen Elizabeth II
Designer: Raphael Maklouf
Design Date: 1993


The Australian Silver Kangaroo is a one troy ounce
Troy weight
Troy weight is a system of units of mass customarily used for precious metals, gemstones, and black powder.There are 12 troy ounces per troy pound, rather than the 16 ounces per pound found in the more common avoirdupois system. The troy ounce is 480 grains, compared with the avoirdupois ounce,...

 silver bullion coin
Silver coin
Silver coins are possibly the oldest mass produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks. Their silver drachmas were popular trade coins....

 minted by the Royal Australian Mint
Royal Australian Mint
The Royal Australian Mint is situated in the Australian federal capital city of Canberra, in the suburb of Deakin.Before the opening of the mint, Australian coins were struck at branches of the Royal Mint - the Sydney Mint, Melbourne Mint and Perth Mint. The Royal Australian Mint holds a place in...

 in Canberra, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

. They have legal tender
Legal tender
Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency is a common form of legal tender in many countries....

 status in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

 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 by the Royal Australian Mint
Royal Australian Mint
The Royal Australian Mint is situated in the Australian federal capital city of Canberra, in the suburb of Deakin.Before the opening of the mint, Australian coins were struck at branches of the Royal Mint - the Sydney Mint, Melbourne Mint and Perth Mint. The Royal Australian Mint holds a place in...

, 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.

External links

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