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Current Purchase Price
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Out-of-stock |
In-Stock: 500 coins |
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The Australian Silver Kangaroo 1 oz coin is produced by The Perth Mint in Western Australia and is struck to a minimum fineness of 9999 silver (99.99% purity). Each coin contains 1 troy ounce (31.103 grams) of pure silver and has a legal tender face value of AUD $1, with its weight and purity guaranteed by the Government of Western Australia. First introduced in 2016, the Silver Kangaroo has become one of Australia's most recognised silver bullion coins, offering investors a trusted and accessible way to own physical investment-grade silver.
Established in 1899, The Perth Mint is one of Australia's oldest operating mints and has a long history in precious metals refining, coin production and bullion manufacturing. Originally established to refine gold from Western Australia's goldfields and produce gold sovereigns for circulation throughout the British Empire, the Mint subsequently expanded its operations to include precious metals refining and the production of investment-grade bullion. In 1986, The Perth Mint introduced the Australian Gold Nugget bullion coin series, which later evolved into the internationally recognised Australian Gold Kangaroo series. Building on the success of its gold bullion programme and responding to growing global demand for investment-grade silver, The Perth Mint introduced the Australian Silver Kangaroo in 2016 as its first silver bullion coin produced in unlimited mintages.
The reverse of the Silver Kangaroo features the iconic red kangaroo, Australia's largest native marsupial and one of the country's most recognisable national symbols. The kangaroo is depicted in a bounding pose against a background of radiating sunburst lines, surrounded by the inscriptions 'AUSTRALIAN KANGAROO', the coin's year of issue, '1 oz 9999 SILVER' and The Perth Mint's traditional 'P' mintmark. The obverse features the portrait of Australia's reigning monarch, with coins issued from 2016 to 2023 bearing the effigy of Queen Elizabeth II and coins issued from 2024 onwards featuring King Charles III. These changing royal portraits reflect Australia's constitutional history while retaining the Silver Kangaroo's distinctive national design.
Since its introduction, The Perth Mint has incorporated security features into the Australian Silver Kangaroo to enhance authenticity and protect against counterfeiting. The coin features a micro-engraved security mark in the form of a tiny letter 'A', concealed within the first 'A' of the inscription 'AUSTRALIAN' on the reverse and visible only under magnification. Together with its intricate radial sunburst design and precision minting, this security feature provides an additional means of verifying the coin's authenticity. These innovations demonstrate The Perth Mint's continued commitment to bullion security, product quality and manufacturing excellence.
Australian Silver Kangaroo coins are internationally recognised for their exceptional 9999 silver purity, distinctive national design and The Perth Mint's reputation for quality and craftsmanship. Backed by the Government of Western Australia and produced by one of the world's most established sovereign mints, the Silver Kangaroo remains a popular choice among precious metals investors and collectors. Its global recognition, high silver purity and established bullion market provide investors in Singapore with a reliable and accessible option for owning GST-free physical Investment Precious Metals (IPM) silver bullion.
Product Details:
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Points computation: 1 coin = 1.00 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Current Purchase Price | 69.17 SGD | 68.97 SGD | 68.78 SGD |
| Current Price/Gram | 2.22 SGD | 2.22 SGD | 2.21 SGD |
| Current Price/oz | 69.17 SGD | 68.97 SGD | 68.78 SGD |
| Percentage Over Spot (ASK PRICE) | 9.97% | 9.65% | 9.35% |
| Buy/Sell Spread | 10.65% | 10.39% | 10.14% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | 55.04 SGD |
| 12 months | 110.07 SGD |
| 24 months | 220.15 SGD |
| 36 months | 330.22 SGD |
| 60 months | 550.36 SGD |
| Item | Cost Per Coin |
|---|---|
| Transfer-in and testing | 0.13 SGD |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.