Silver Ounce 2022 Australian Kangaroo, High Relief, Coin from Australia - detailed information

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.

The Mint says about this coin:
Containing 1oz of pure silver, this remarkable release benefits from a beautiful colour treatment and a high relief strike that adds extra depth to the raised surfaces of the design.

First issued in 1989, the Australian Kangaroo is an iconic annual coin series portraying our most recognised animal symbol. Treasured for the way they hop on elongated hind legs and rear young "joeys" in the female’s pouch, tens of millions of kangaroos inhabit diverse landscapes across the vast Australian continent. Evoking the time of day when kangaroos come out to feed, this coin’s stunning artistry captures the approaching twilight in subtle colour. Bathing the bounding marsupials in warmth, the fading sunlight enriches the red soils and golden grasses of the Australian outback.