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The Silver Kangaroo is a silver coin originating from Australia and produced at the Perth Mint. This is a bullion coin meant for investment in silver. An Australian silver kangaroo coin, produced at the Royal Australian Mint (RAM), is collected for its numismatic value. The obverse of the coin always depicts Queen Elizabeth II.
Pre-decimal Australian coins arose when the Federation of Australia gave the constitutional power to Commonwealth of Australia to mint its own coinage in 1901. The new power allowed the Commonwealth to issue legal tender rather than individually through the six former British self-governing colonies of Queensland , New South Wales , Victoria ...
The Silver Kangaroo series was introduced in 1993. [1] Silver Kangaroo coins are usually issued in two forms: a proof coin and a frosted uncirculated coin, although coins with selective gold plating have also been issued from 2003. [citation needed] The purity of the coin was 99.9% until 2014, then it was increased to 99.99% from 2015 ...
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At this time, 1, 2, 5, 10, 20, and 50 cent coins were issued. [6] $1 coins were first issued in 1984, [7] and $2 coins soon followed in 1988. The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in February 1992. [8]
One-ounce coins ship in shrink wrap rolls of 20, with 5 rolls in each box of 100. They are minted in four sizes; 1,000 g, 10, 2 and 1 troy ounces. To commemorate the 25th anniversary of the kookaburra coin, the 2015 coin features the same image of the kookaburra as the original 1990 coin.