The Australian one ounce silver piece (abbreviated as 1 oz and designated with Ag for "silver") is a bullion and commemorative coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.
The Australian Silver Kangaroo coin range was introduced in 1993 by the Royal Australian Mint; subsequently, the Perth Mint also started issuing Kangaroo bullion coins. The coins have legal tender status in Australia and are one of few legal tender bullion silver coins to change their design every year. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of silver used.
This coin is part of a long-running series by the Royal Australian Mint depicting the Australian national animal - the kangaroo.
The 2020 Australian Kangaroo one-ounce silver bullion coin depicts a mob of six Red Kangaroos. The coins are issued in Brilliant Uncirculated grade with a frosted finish.
The red kangaroo (Osphranter rufus) or red giant kangaroo is the largest of all kangaroos, the largest terrestrial mammal native to Australia, and the largest extant marsupial. It is found across mainland Australia, except for the more fertile areas, such as southern Western Australia, the eastern and southeastern coasts, and the rainforests along the northern coast. Males grow up to a head-and-body length of 1.3 - 1.6 m with a tail that adds a further 1.2 m to the total length. Females are considerably smaller, with a head-and-body length of 85 -105 cm and tail length of 65 - 85 cm. Females can weigh from 18 to 40 kg, while males typically weigh about twice as much at 55 to 90 kg. |