Perth Mint 1oz Silver Kangaroo

• Brand / Mint – Perth Mint

• Metal Content – 1 oz

• Fineness (% purity) – 99.99

• Capsulated (Y or N) – N

• Mintage – Unlimited

• Dimensions –  Diameter 40.90mm, Thickness 3.57mm

Struck by The Perth Mint from 1oz of 99.99% pure silver in bullion quality, the coin is issued as legal tender under the Australian Currency Act 1965 with an unlimited mintage, featuring The Perth Mint’s traditional ‘P’ mintmark. The kangaroo is synonymous with Australia. Millions inhabit this wide brown land, from the arid interior to bushland, parks and other open spaces fringing our cities. Out on the plains lives the largest marsupial in the world, the Red Kangaroo, said to be able hop along at almost 50kph.

The price of Silver, like many other commodities, tends to be driven by a combination of supply and demand metrics as well as speculation. Whilst the price of Silver is well known for being more volatile than Gold due to its smaller market size, lower market liquidity as well as ever-changing supply and demand from the industrial sector and its properties as a store of value over long periods of time.

Silver is well regarded as a safe-haven asset for investors during times of economic upheaval, uncertainty and financial stress. The market conditions applicable to Silver, are much like that for Gold, and tend to be driven by monetary policy, the value of the US dollar, geopolitical concerns, physical demand as well as the available supply from mining production.

GBA offers a large range of silver products from known brands. Listing sizes from 1 oz coins to 5 kg cast bars.