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No proof coins were minted between 2006 and 2011; however, there was a 1-ounce silver proof Kookaburra colored coin struck in 2012 for the Discover Australia coin series. [4] Since 2012, the proof coin has been struck in high relief only. Special editions such as privy marked, colored and gilded are often available. [5]
As of 2020, bullion coins are currently released in 1 kg and 1 oz sizes and the numismatic coinage is minted in 5 oz and 1 oz sizes, with other sizes released occasionally. The coins were .999 fine silver until the 2018 edition, which increased in purity to .9999 silver. Perth Mint originally had no caps on the amount of one-ounce coins ...
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
Unlike the Australian silver koala and silver kookaburra coins, the reverse image does not change every year. The obverse image on the RAM silver coin does change every year. The mintage every year is unlimited, unlike the koala and kookaburra coins which have a maximum mintage of 300,000 and 500,000 respectively. [1]
Between 1910 and 1938 shillings were composed of 92.5% silver and 7.5% copper. However, after the Second World War, the rising price of silver meant that the silver content of Australian coins was close to meeting the face value of the coin itself and therefore Australia decided to change the silver content of its coins. [12]
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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