2023 1oz Silver Kangaroo
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2023 1oz Silver Australia Kangaroo Coin
We expect the 2023 Silver Kangaroo to be released some time in late 2022 in line with previous years. Be one of the first to own this famous coin by clicking ‘notify me when back in stock’.
The 1oz Silver Kangaroo is a brand new silver bullion coin minted by the Royal Australian Mint. Bulk orders will come in tubes of 25 and monster boxes of 250.
The 2023 Silver Kangaroo will be issued by the Perth Mint and we expect its design to have a red kangaroo on the reverse with Ian Rank-Broadley’s portrait of Queen Elizabeth II on the obverse.
The coins also have the ‘P’ mintmark from the Perth Mint and its year of production.
It is made from 1 troy ounce of silver and has a face value of A$1.
Coin History and Mintage
The Silver kangaroo was first minted in 1993 and this is one of the few minted coins in the world that changes design every year, making the coin very collectible.
Because of the change of design and the limited numbers produced, this is an extremely collectible coin.
Each coin has a micro-engraved ‘A’ within the word ‘Australia’ that is only visible under magnification.
An animal synonymous with everything Australian, the kangaroo is the largest marsupial in the world.
The kangaroo hops on its hind legs and uses its large muscular tail for balance. It is one of the only animals in the world that is unable to move backwards
The kangaroo is so iconic that it is found in the Australian national emblem with the emu either side of the official coat of arms.
Our Expert Opinion
The 1oz Silver Kangaroo is one of the best known foreign silver bullion coins. The annual design change enables the coin to have a wide appeal from both investors and collectors, while costing less than many more limited edition silver coins like the UK lunar series. If it’s a recognisable 1oz silver coin you desire for as little money as possible, then the Kangaroo will certainly provide this value.
For UK investors, it may also be worth considering the Britannia which commands a similar premium but has the advantage of being Capital Gains Tax free too. If your investment size is modest then your annual CGT allowance will enable you to pair Kangaroos with other foreign value coins such as the Maple Leaf and Philharmonic without any tax penalty upon disposal.
Orders are delivered free of charge within the UK only.
Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.
Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.
You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.
In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.
For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.
If you request storage for your order, your goods will be sent free of charge to the storage vaults.
All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.
Please see further details of storage fees and minimum charges on our Storage & Delivery page.
Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.
A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.