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The Perth Mint is a government-owned mint in Perth, Western Australia that produces a variety of precious metal products, including silver coins. The Perth Mint Silver Kangaroo is a popular coin among collectors and investors because of its high silver content and attractive design.
The 1 oz Australian Perth Mint Silver Kangaroo is a silver bullion coin issued by the Perth Mint. It is made of 99.99% pure silver and has a weight of 1 troy ounce (31.1 grams). The coin features the iconic red kangaroo design on the reverse, along with the weight and purity of the coin. The obverse side of the coin features the effigy of Queen Elizabeth II, the current monarch of Australia.
The Silver Kangaroo is considered legal tender in Australia and has a face value of AUD 1. It is also recognized as a good delivery coin by the London Bullion Market Association, which means it meets the standards for quality and purity required for inclusion in the global market for trading and settling precious metals. The Silver Kangaroo is popular among collectors and investors because it is a high-quality, pure silver coin with a beautiful design. It is also considered a reliable store of value and can be easily bought and sold on the international market.