1 oz Australian Silver Kangaroos
1 oz Australian Silver Kangaroos
The Perth Mint’s 2016 Australian Kangaroo silver bullion coin has been struck in .9999 fine silver, making it highly desirable to both investors and collectors. The Silver Kangaroo has an Australian legal tender value of $1 (AUD).
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Product Description
1 oz Australian Silver Kangaroos
- The Perth Mint’s 1 oz Australian Kangaroo is struck in .9999 fine silver. As a Perth Mint first, a micro-laser engraved letter “A” appears within the first A of “Australian” (visible under magnification), providing authentication and detection against counterfeits.
- Obverse: Bears the Ian Rank-Broadley likeness of Her Majesty Queen Elizabeth II and the face value.
- Reverse: Features the classic red kangaroo design by Dr. Stuart Devlin, surrounded by a radiating design, along with a micro-engraved “A” appearing under magnification.
- Sovereign coin backed by the Australian government.
Silver Has Always Been Money
Silver has been considered a precious element for 6000 years. It was first used as a currency in 700 B.C. and has had a role as a trading metal in nearly every ancient and modern culture. From the drachma of the ancient Greeks, which contained an eighth of an ounce of silver to the Roman denarius and the British pound sterling, which designated a specific weight amount of the element, silver has long held a special place as a store of value.
Today, its intrinsic value persists. It is considered a secure and affordable investment and has earned a place in the portfolios of many different types of investors for that reason.
