The Australian Koala Silver Bullion Coins are struck from 99.9% pure silver and first started appearing from the Perth Mint of Australia in 2007. They followed two other extremely popular silver bullion series from the Perth – namely the Kookaburra Silver Bullion Coins (which made their debut in 1990) and the Lunar Bullion Coins (which first appeared in 1999).
Collectors and investors were immediately drawn to the new series for an almost undeniable reason – the inclusion of one of Australia’s most iconic creatures on its reverse, the Koala. In keeping with the Perth’s tradition started for its other bullion series, the reverse design of the the Australia Koala Silver Bullion Coins changes annually making it one of the few world bullion coins to do so.
Koala Silver Bullion Coin Information
When first struck in 2007, the Koala Coin was only available in one size – one ounce. The following year saw the Perth expand the sizes offered to four – one kilogram, ten ounce, one ounce and one half ounce with face values of AUS $30, $10, $1 and $.50, respectively.
The Perth has historically chosen to strike the Koala Silver Coins to meet demand leading to drastically varying mintages. For instance, in the first four years of their availability, the one ounce coins had mintages of 137,768 in 2007, 84,057 in 2008, 336,757 in 2009 and 233,531 in 2010. This differs slightly from the Perth’s other bullion coin series which saw mintage caps of 300,000 in place for the one ounce strikes those same years leading to many sell-outs.
However, lower mintages can be advantageous, especially for collectors. As the perceived rarity of a strike increases, typically so does its numismatic value.
Another value to consider with these coins would be their intrinsic melt values, especially when one also considers these are bullion coins. A melt value is what the coin is worth based on the precious metals it contains. For instance, if silver is currently trading for $35 an ounce, the one ounce Koala Coin would have a melt value of approximately $35 because it is struck from .999 fine silver.
These coins, as previously stated, also have a legal tender face value associated with them. This is the value the coin is worth if used in commerce, as guaranteed by the government of Australia.
Koala Silver Bullion Coin Specifications
|Face Value:||AUS $30, $10, $1, $.50|
|Mintages:||varies based on year|
|Diameter:||101.00mm, 75.50mm, 40.60mm, 36.10mm|
|Weight||1,0001.002g, 311.347g, 31.135g, 15.573g|
|Mintmark:||‘P’ for Perth Mint|
|Obverse Design:||Queen Elizabeth II of England|
|Obverse Designer:||Ian Rank-Broadley|
|Reverse Design:||depiction of a koala|
|Reverse Designer:||varies based on year|