Silver coins

Silver coins from leading Australian bullion dealers, sorted by price at your chosen weight. Investment-grade silver coins are GST-free. Use the weight filter to compare 1oz, 2oz, 5oz, 10oz and kilo coins across dealers.

Why buy silver coins in Australia

Silver coins offer a lower entry price than gold and let investors accumulate precious metals in smaller increments. A 1oz silver Kookaburra or Kangaroo typically costs between A$45 and A$55, making them accessible to buyers who are not yet ready for a A$6,000 gold coin purchase.

Australian silver coins, particularly the Kookaburra and Kangaroo series from the Perth Mint, are among the most recognised silver coins globally. They carry strong buyback demand from Australian and international dealers alike. If you are building a silver position over time, buying a regular amount of 1oz coins is one of the most common strategies for Australian investors.

For a lower premium per ounce, silver cast bars are worth comparing. Larger bars reduce the premium significantly. The cheapest 1kg silver bars page shows current prices from every dealer.

GST on silver coins in Australia

Investment-grade silver (99.9% pure or better) is GST-free in Australia, just like investment gold. That covers standard bullion coins such as the Kookaburra, Kangaroo, Maple Leaf and Philharmonic, which are all at least 99.9 percent pure and trade on their silver content. GST only applies to collectable, proof and numismatic pieces and to lower-purity silver, such as pre-decimal Australian coins.

Because investment silver and gold are treated the same way, you can compare the two metals on premium and spread alone. Our GST on silver guide explains exactly which silver products qualify, and the gold GST guide covers the rules for gold. The gold coins page lists gold options if you want to compare both metals.

Popular silver coin types in Australia

The Perth Mint produces two major annual silver coin series: the Kookaburra (launched 1990) and the Kangaroo (launched 2016). Both are 99.99 percent pure silver and available in multiple sizes from 1oz to 1kg. They are the most widely traded silver coins among Australian investors and carry strong resale demand.

International coins including the Canadian Maple Leaf, American Eagle, and Austrian Philharmonic are also available from Australian dealers. They typically carry slightly higher premiums than the domestic Perth Mint coins due to import costs. The American Silver Eagle in particular is popular with collectors and investors looking for international diversification.

For more unusual or collector-grade silver coins, Jaggards and Ainslie Bullion typically carry the widest range. Standard investment buyers are best served by sticking to the Kookaburra or Kangaroo for the lowest premiums and the best resale liquidity.

Silver coins vs silver bars

Silver bars carry lower premiums than coins at equivalent weights. A 1kg cast silver bar typically costs 5 to 8 percent over spot, while a 1kg silver coin may carry a 15 to 20 percent premium. For pure investment value, bars are more efficient.

However, coins are easier to sell in small amounts. If you want to sell 100 grams of silver, it is easier to sell two 1oz coins than to find a buyer for a portion of a 1kg bar. Coins also tend to have stronger collector interest, which can add a small premium when selling.

For most investment buyers, a mix makes sense: use cast bars for large purchases where premium efficiency matters, and coins for flexible, smaller holdings. The cheapest 1kg silver bars page is a good starting point for bar price comparisons.

Where to buy silver coins in Australia

All dealers listed on this page ship across Australia. The Perth Mint, ABC Bullion, and Ainslie Bullion are the largest operations and carry the most consistent stock of silver coins. Swan Bullion and Guardian Gold are worth checking for competitive pricing, particularly on popular Kookaburra and Kangaroo sizes.

Always compare prices before buying. A 2 percent premium difference on a 10oz coin purchase is around A$15 to A$20 at current prices. Over time, buying at lower premiums materially improves your investment return. The dealers page has a full profile of each dealer including location, shipping terms, and payment methods.