250x 1oz 9999 Silver Kangaroo Coin 2017 Perth Mint
Available singularly or in tubes of 25, lots of 100 and ‘Mini’ Monster boxes of 250 at varying discounts.
A brand new coin for 2017 and issued as Australian legal tender the coin’s reverse portrays the classic red kangaroo design by Dr Stuart Devlin AO CMG, goldsmith and jeweller to Her Majesty Queen Elizabeth II together with the Perth Mint’s ‘P’ mintmark and the year-date. The coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the monetary denomination.
As a Perth Mint first, the coin includes an authentication feature on the reverse. In the form of a micro-laser engraved letter ‘A’ which is within the first A of AUSTRALIA, it is only detectable under a magnifying glass. The authentication feature is designed to make it significantly more difficult for the coin to be counterfeited providing peace of mind to customers.
Unlike most Perth Mint coins these are not individually encased, rather come in protective acrylic tubes of 25 coins. There are then 10 tubes to a ‘mini’ monster box of 250. There is unlimited mintage.
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 99.9% 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.