Sorted by price only · no paid placement · checked 7:18 pm AEDT · prices can change at checkout · methodology
What this price means
The cheapest 1 oz Silver Kangaroo we can see today is A$76.48 at BullionStar, which is A$2.46 per gram or A$76.48 per troy ounce. At the current silver spot price the metal in it is worth A$71.89, so this price is A$4.59 above metal value, a premium of 6.4%.
13 of the 31 dealers we track list this product. The dearest asks A$6.12 more than the cheapest (8.0%), for the same weight of metal.
This is currently the lowest-premium size of this product we compare.
The highest published buyback for this product is A$72.15 from Bulk Bullion. Buying at the lowest price and selling straight back would cost A$4.33, so the metal would need to rise by about 6.0% before you broke even.
Other sizes
| Size | Best price | Per gram | Premium | Dealers |
|---|---|---|---|---|
| 1 oz | A$76.48 | A$2.46 | 6.4% | 29 |
| 2 oz | A$168.02 | A$2.70 | 16.9% | 1 |
Same weight, other products
| Product | Best price | Premium | Dealers |
|---|---|---|---|
| 1 oz Silver Philharmonic | A$76.21 | 6.0% | 8 |
| 1 oz Silver Maple Leaf | A$76.48 | 6.4% | 21 |
| 1 oz Silver Cast Bar | A$79.44 | 10.5% | 13 |
| 1 oz Silver Southern Cross | A$80.40 | 11.8% | 4 |
Specifications
- Mint
- Perth Mint
- Country
- Australia
- Fineness
- 99.99% silver
- Weight
- 31.10 g
- Diameter
- 40.90 mm
- Face value
- AUD $1
- Designer
- Dan Thorne (obverse) / various artists (reverse)
- Mintage
- Unlimited
- GST
- No GST (investment grade)
Why buyers choose it
- 99.99% pure silver
- 1 troy oz - 31.107 grams
- Legal tender in Australia - face value AUD $1
- Annual reverse design change
- Micro-laser engraved authentication feature
- GST-free in Australia as investment-grade silver
The Australian Silver Kangaroo is Perth Mint's premier 1oz silver bullion coin, introduced as a bullion issue in 2016 after decades as a proof-only release. It features a micro-laser engraved authentication letter and an annually changing reverse design.
About the Australian Silver Kangaroo Coin
The Australian Silver Kangaroo was introduced as a standard bullion coin in 2016, though Perth Mint had produced proof versions since 1993. The 2016 launch aligned the silver kangaroo with the gold kangaroo as a matched set for bullion investors.
The coin is struck from 99.99 percent pure silver and features a distinctive bounding kangaroo on the reverse with stylised sunburst rays. Each year Perth Mint issues a new reverse design, giving investors the choice to collect by vintage or buy purely for bullion value.
As 99.99 percent pure investment silver, the bullion Silver Kangaroo is GST-free in Australia. Compare dealer prices on our Silver Kangaroo comparison page to find the lowest total cost today.
Silver Kangaroo vs Other Australian Silver Coins
The Silver Kangaroo is one of several Perth Mint silver bullion coins available in Australia. The other main options are the Silver Kookaburra, which has been produced since 1990 and has a deeper collector market, and the Silver Lunar series which features Chinese zodiac animals.
The Silver Kangaroo tends to carry a slightly lower premium than the Kookaburra because its mintage is unlimited, while the Kookaburra has a more constrained annual production run. For pure bullion value, the Silver Kangaroo is often the most cost-efficient 1oz Perth Mint silver coin available.
Use our silver coins comparison page to see the current price difference between the Kangaroo, Kookaburra, and other silver coins available from Australian dealers today.
Buying Silver in Australia
Silver is significantly more affordable per ounce than gold, making it accessible to a wider range of investors. The lower price point also means investors can accumulate silver in smaller increments over time.
Like investment gold, investment-grade silver is GST-free in Australia, both when you buy and when you sell. What drives your break-even is the premium you pay over spot and the gap between dealer buy and buyback prices, so compare both before you commit.
For investors in specific cities, see our local guides: buy silver in Sydney, buy silver in Melbourne, buy silver in Brisbane and buy silver in Perth. To compare buyback prices, visit our sell silver coins page.
Questions about the Silver Kangaroo
Is the Silver Kangaroo GST-free in Australia?
Yes. The bullion Silver Kangaroo is struck from 99.99 percent pure silver, above the 99.9 percent threshold for investment silver, so it is GST-free in Australia, just like investment gold. Proof and coloured collector versions are different and usually attract GST.
What purity is the Australian Silver Kangaroo?
The Australian Silver Kangaroo is struck from 99.99 percent pure silver, also expressed as 9999 fineness. This is the highest purity available for silver bullion coins and is higher than the 99.9 percent standard used by many other mints.
When did Perth Mint start making the Silver Kangaroo?
Perth Mint introduced the Silver Kangaroo as a standard bullion coin in 2016. Proof collector versions had been produced since 1993, but the 2016 release was the first intended for bullion investors at a standard premium.
How does the Silver Kangaroo compare to the Silver Kookaburra?
Both are struck by Perth Mint from 99.99 percent pure silver with annual design changes. The Silver Kangaroo was introduced in 2016 while the Kookaburra series dates back to 1990, giving the Kookaburra a stronger collector history. The Kangaroo often carries a slightly lower premium due to unlimited mintage.
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