1kg Silver Coin 2020 Koala
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1kg SILVER COIN 2020 KOALA - PERTH MINT
Issued as Australian legal tender the reverse of each coin portrays a koala holding onto a tree branch. The inscription ‘AUSTRALIAN KOALA’, The Perth Mint’s traditional ‘P’ mintmark, the 2020 year-date, and the weight and purity are also included in the design.
The obverse of each coin bears the Jody Clark effigy of Her Majesty Queen Elizabeth II and the monetary denomination.
Each coin’s reverse includes a security feature in the form of a micro-laser engraved letter within the coin’s ‘AUSTRALIAN KOALA’ inscription. It is only detectable under a magnifying glass.
Perth Mint coins come encased in a hard clear acrylic case to help keep coins in pristine condition. Ainslie Bullion recommends leaving these cases un-tampered for the best preservation of value.
The Perth Mint is Australia’s leading precious metal refiner. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold products are refined to 99.99% purity and all silver products are refined to 99.99% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.