The Australian Silver Kangaroo Nuggets are made up of one troy ounce of silver, minted in Canberra. Their status is a legal tender, and they change their designs annually. Since they have an annual mintage limited to the buyers and unique designs every year, these factors significantly raise their numismatic values in time.
The Royal Australian Mint first introduced this series in 1993, and this is the agency that’s wholly responsible for running everything related to the coins. Read more about these silver coins on sites like https://www.metal-res.com/gold-ira/australian-kangaroo-nugget-coins/ and know your options. These coins are often issued in two forms, and the first is the frosted uncirculated variety while the other is called a proof coin. These have selected gold plating in them, and the purity was increased to 99.99% in 2015 from 99.9% in 2014.
The Royal Mint produces the Kangaroo gold and silver investment series to celebrate Australia’s unique fauna. This is a classic that was once found in copper pennies, and they were crafted with 99.99% fine gold. These are for enthusiasts and gift fivers alike.
When you decide to try investing in these, the legal tender coins are known to have the CertiPAMP™ packaging. These are the trademarks that’s identifiable through the Royal Australian Mint’s identification system.
What to Know about Investment Products in Australia?
These investment vehicles are often produced in larger quantities, and they are a costly way of entering the metal and gold industries. You’ll have several choices and a range of investment coins that vary in themes and sizes. They can be part of your retirement or a valuable gift to your loved ones.
There’s a need for identification and verification if you decide to purchase products that are more than $5,000. You can also call international distributors and authorized retailers of the Royal Australian Mint for more information. Get more information about the Royal Australian Mint when you click here.
Other Options to Know
Desert Scorpion Coin
The Royal Mint has produced one of the most dangerous series of coins: the Australian Desert Scorpion. The design is striking where the tribute is much focused on one of the world’s most feared creatures. The scorpion is usually admired for its characteristics of withstanding desert temperatures and scorching hot sands of Australia. You can add this to your collection by visiting a legitimate distributor’s website or getting in touch with the Royal Australian Mint.
The characteristics of the coins are as follows: It has a denomination of A$100, diameter is at 38.74mm, the mass is a single ounce, the mintage is 250, and the finish is brilliant uncirculated. It’s also made of 99.99% gold.
There’s also the Australian Desert Scorpion Silver coin that’s part of the Most Dangerous Series. The silver variety has a mintage of 25,000 and a diameter of 40.00 mm. The metal is made up of 99.9% silver with a finish of brilliant uncirculated.
Australian Zoo Cheetah
Add a striking gold investment coin in the form of a zoo cheetah. This is one of the second installments in the Zoo series that follows the release of the Sumatran Tiger in 2020. The coins are considered collectibles, with only 250 gold products circulating around the world and 25,000 silver available. This is one of the best additions to investors and collectors who want an entry-level price.
The denomination of silver cheetah is A$1, while the diameter is 40.00mm. The mass is 1 ounce which consists of 99.9% silver with a brilliant uncirculated finish. The mintage amount is 25,000.
Beneath the Southern Skies
If you want more options, there’s the release of the exquisite coins called Beneath the Southern Skies series. These are made up of 99.99% gold with a mass of an ounce. This is the second version that pays homage to the second version currency, Stuart Devlin. There’s unlimited mintage for them and you can see a Southern Cross constellation and a platypus that grace the coins’ faces. Secure yours with the help of international distributors or legitimate retailers, as these are often limited editions.
The Spinner Dolphin
The mintage of the Bottlenose Dolphin was known to be a resounding success in 2019. Then, there’s the second edition presented by the Royal Mint, which is the Spinner Dolphin. These precious metals show the exuberance and joy of the Spinner Dolphin species, which features its spinning leap and makes them a more collectible feature. The gold coins have a denomination of A$100 made up of 99.99% gold. The mintage is 250 with a diameter of 38.74mm.
A Final Word
You can find other values and weight denominations for different series. They can vary from 2 ounces, 2 kilograms and 10 ounces. Since each of them weighs differently, one can be worth more than the other. Some will offer you more than the actual worth of these collectibles, and some are changing in nature, so the limited supply drives up the prices. There’s also a unique mintage yearly with their numismatic values, ensuring that you’ll get more from them in the future.
Some of the coins are available from online shops and private dealers. You should read the feedback from a particular website first to see if they are legitimate. With this said, you may either do the buy and sell method or hold them for a very long time and see if they will still go up in prices. Either way, start investing today when you see excellent deals in the market, and it will be worth it.