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Australian Kangaroo silver coins
Number of products: 3The silver Kangaroo is the widest of the one-ounce silver coins at 40.90 mm — noticeably broader than a Britannia or a Maple Leaf, and it will not stack in their tubes.
Struck by The Perth Mint at 9999 fineness with a face value of one Australian dollar, it has run since 2016 with an unlimited mintage. Unlike the gold Kangaroo, the silver reverse does not change from year to year. Check the live silver price before you order.
The same design every year — unlike the gold
The Perth Mint changes the reverse of its gold Kangaroo annually. The silver one does not. Since 2016 it has carried the same bounding kangaroo surrounded by stylised rays of sunlight, designed by Neil Hollis, with the P mintmark, the year, the weight and the fineness. Only the date changes.
This matters if you are buying by the tube: every coin in the series looks the same, so mixed-year lots are visually consistent, and there is no annual design premium of the kind the gold version attracts.
Specification
| Parameter | Value |
|---|---|
| Gross weight | 31.107 g minimum — one troy ounce |
| Fineness | 9999 — 99.99% silver |
| Diameter | 40.90 mm maximum |
| Thickness | 3.50 mm maximum |
| Face value | 1 AUD |
| Reverse | Bounding kangaroo, Neil Hollis — unchanged since 2016 |
| Obverse | King Charles III by Dan Thorne, from 2024 |
| Mintage | Unlimited |
| VAT | Standard rate — silver is not exempt |
Why it is wider than the others
One troy ounce of silver can be struck thin and wide or thick and narrow. The Perth Mint went wide: 40.90 mm against 38.61 mm for the Britannia and 38 mm for the Maple Leaf. The Chinese Panda is 40 mm but only 30 g, so it is not comparable by weight either.
The practical consequence is tubes. A Perth Mint tube is sized for this diameter and holds 25 coins; Britannias and Maple Leafs will not sit in it properly, and Kangaroos will not fit theirs. If you are consolidating storage, sort by series rather than by weight.
A different King Charles III
The Perth Mint uses the Commonwealth effigy of King Charles III by Dan Thorne, on bullion coins from 2024 — not the Martin Jennings portrait the Royal Mint uses in the United Kingdom, and not Steven Rosati's Canadian version on the Maple Leaf. Three mints, three different portraits of the same monarch.
The 2023 coin carries a memorial obverse: Jody Clark's effigy of Elizabeth II with the dates 1952–2022. Coins up to 2022 carry the standard Clark effigy.
Security and packaging
Perth Mint coins carry a micro-laser engraved letter on the reverse, visible only under magnification. It has been confirmed on coins from 2022 onwards; we have not been able to verify it for 2016–2021, so we do not claim it for those years.
Tubes hold 25 coins and carry a tamper-evident seal. Note that the Perth Mint box for this series holds 250 coins in 10 tubes — the mint calls it a mini monster box. There is no 500-coin box for the silver Kangaroo, unlike most other series.
One size only
The bullion silver Kangaroo exists in 1 oz and nothing else. No fractions, no 2 oz, no kilo. Perth Mint's other silver series — Kookaburra, Koala, Lunar — cover those formats, and the Kookaburra and Koala have capped mintages where the Kangaroo does not.
What you actually pay
Silver carries a much higher percentage premium over spot than gold, because fabrication and packaging cost roughly the same per coin whatever the metal is worth. The mintage is unlimited and the coin is struck to demand, so there is no scarcity premium to wait for on this one.
Tax position
VAT: silver is not investment gold. The exemption in Article 344 of Directive 2006/112/EC covers gold only, so silver coins are sold at the standard rate — 23% in Poland, 20% in the UK.
Capital Gains Tax in the UK: not exempt. The exemption applies to sterling currency under HMRC's Capital Gains Manual at CG78300 and CG76881; this coin is denominated in Australian dollars. Only Royal Mint coins such as the Britannia and the Sovereign qualify. General information, not tax advice.
Questions buyers ask
Does the silver Kangaroo change design each year?
No. The gold one does; the silver reverse has been the same since 2016. Only the date changes.
Why does it not fit my tubes?
At 40.90 mm it is wider than a Britannia at 38.61 mm or a Maple Leaf at 38 mm. Perth Mint tubes are sized for it and hold 25 coins.
How many coins in a Perth Mint box?
250, in 10 tubes of 25 — the mint calls it a mini monster box. There is no 500-coin box for this series.
Is it CGT-free in the UK?
No. The exemption covers sterling currency, and this coin is denominated in Australian dollars.
Will you buy a silver Kangaroo back?
Yes, against the current market price. See the buyback page for how the valuation works.
Other silver coin series
Krugerrand · Britannia · Maple Leaf · Vienna Philharmonic · Chinese Panda · American Eagle · Somali Elephant
All series are listed on the silver coins page. For bar formats see silver bars, and for the gold version see Australian Kangaroo gold coins.
