Perth Mint Kangaroo Silver Coin – Box (250 oz)
$14,001.31 /unit AUD
3 in stock (can be backordered)
$571.53 /unit
Buy Back Price: $451.65
The coin portrays a beady-eyed kookaburra in flight over a gorge with a snake in its talons. As well as the inscription ‘KOOKABURRA’, the design includes the coin’s weight, purity, 2024 year-date, and a ‘P125’ mintmark signifying The Perth Mint’s 125th anniversary.
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.
$571.53 /unit
7 in stock
The prize of Australia's bullion mints, The Perth Mint is fully owned and controlled by the Western Australia Government and has been around since 1899, even before the creation of the Australia's Federation in 1901. As a former branch of the UK's Royal Mint, it has survived well beyond that of the Sydney and Melbourne Mints which have long since closed, though in their heyday were refining gold during the period of the gold rush and minting a variety of sovereigns for the British Empire. The Perth Mint has been issuing coins even longer than the Royal Australian Mint which similarly produced legal tender in the way of Australian dollar coins.
The Perth Mint's 8,400 sq m (90,000 sq ft) state-of-the-art production facility at 310 Hay Street in East Perth is located right beside the original and iconic building made of limestone. Providing a combination of services to the ever-growing global gold industry including both refining and manufacturing of gold bullion bars and coins and numismatic applications for both local, national and international coin collectors and investors. Australia's legal tender is almost entirely produced and marketed at The Perth Mint and comprises precious metal coins including Platinum Koala Coins, Silver Kookaburra Coins, Swan series coins, Australian Nugget gold coins and a host of other widely acclaimed and eagerly sought after bullion products.
The Perth Mint is responsible for approximately 80% of gold and 30% of silver production in Australia and uses a combination of nationally sourced and internationally sourced precious metals to mint both bars and coins in Australia, which represents a staggering 10% of global production. Annual bullion sales including Platinum, Silver and Gold are close to A$20 billion.