Australia: New 2024 Investment Silver Bullion Coins Continue With Popular Kangaroo Series
The Royal Australian Mint release their latest investment silver coins featuring the indomitable Kangaroo.
Featured on silver bullion coinage since 1993, Australia’s most Iconic animal is the primary design on the Royal Australian Mint’s on-going Kangaroo silver ounce Series, now in its thirty first year. The kangaroo was first recognised as an official symbol of Australia when it was included on the nation's coat of arms in 1908. The first depiction of the kangaroo on national coinage was in 1910 with the minting and release of new silver coins ranging from 3 pence to two shillings. The four coins included the Australian crest on the reverse and an effigy of King Edward VII on the obverse.
Found only on the Australian continent and primarily in the southern part of Western Australia, South Australia near the coast, and the Darling River basin, kangaroos are the only large animals to use hopping as a means of movement and propulsion – up to 25 feet in distance. They have large powerful hind legs, large feet designed for leaping, a long muscular tail for balance, and a small head. Since Kangaroos are not greatly bothered by predators, apart from humans and occasional dingoes, a kangaroo will back itself against a tree and as a means of defence, kick with clawed hind feet at an adversary, sometimes with enough force to kill an adult human. Based on research with red kangaroos, eastern greys, and red-necked wallabies, researchers have found the animals are primarily left-handed or true ‘south-paws’ as they predominantly use that hand for tasks such as grooming and eating.
Designed by Royal Australian Mint graphic artist Adam Ball, the reverse design features Australia's iconic kangaroo set against a stylised depiction of the Australian bush and two kangaroos, perfectly capturing their natural posture and vitality. The stylised background includes abstract representations of native trees and textured ground elements. The combination of realism and stylisation creates a balanced composition, highlighting the kangaroos while showcasing the natural beauty of its habitat. Just under the tail of the kangaroo in the front are the coin’s specifications, 1 oz .999 Ag. The obverse includes an effigy of HM King Charles III created by Engraver Dan Thorne along with the legend CHARLES III · AUSTRALIA 2024. The denomination of 1 DOLLAR is placed just under the King’s likeness.
Denomination | Metal | Weight | Diameter | Quality | Mintage Limit |
1 Dollar | .999 Silver | 31.1 g. | 40 mm. | Select Bullion | 50,000 |
The select bullion strikes are encapsulated and available through the website of the Royal Australian Mint or a reputable bullion dealer. For additional information, please visit the e-webshop of the Royal Australian Mint.
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Author: Michael Alexander
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