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12/09/2024 05:33:08 PM
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Koala Silver Coins

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Australian Koala Silver Coins at Provident Metals

In 2007, the Perth Mint introduced its second annual bullion coin program with the Australian Koala Silver Coin. Following the lead of the Australian Kookaburra Silver Coin series, this coin program features unique images of the koala in every new issue. Learn more about this well-known Australian Koala Silver Coin series, right here at Provident Metals.

Design of the Series

The reverse of this series changes images with every new release. While the image is always of a Koala, the image of the koala changes every year. The obverse field features the reigning British monarch at the time. In 2024, King Charles III will be displayed on the obverse. This marks the first time in the history of the series that someone other than Queen Elizabeth II will be shown.

The designs over the years have seen the following depictions:

  • 2007-2018: Ian Rank-Broadley’s effigy of Queen Elizabeth II.
  • 2019-2023: Jody Clark’s portrait of Queen Elizabeth II.
  • 2024-Present: Dan Thorne’s rendition of King Charles III.

In 2018, the Perth Mint started to use a purity of .9999 pure silver, rather than the .999 silver that was used from 2007 to 2017.

Variations of the Australian Koala Silver Coin

The series debuted in 2007 with just a 1 oz silver option. The very next year, the coin program expanded to include a 1 kilogram, 10 oz, and 1/2 oz weight. In 2016, the 1/2 oz and 10 oz coins were dropped from the series. Since then, just the 1 oz and 1 kilogram weights are released annually. The 1 oz coin has a mintage cap of 300,000 every year while the 1 kilogram silver coin has a mint-to-order mintage.

These coins are also available in many different strikes, including the following:

  • Proof coins: Koala coins are released in proof strikes, which display a mirrored-like background. These coins are struck at least twice to create this effect.
  • High-relief coins: These coins are struck with greater pressure to create a deeper visual field and have enhanced 3D elements.
  • Incuse high-relief coins: These strikes were first issued in 2020. They have a high-relief design element that is deeply sunk into the field of the coin.

Buying Australian Koala Silver Coins at Provident Metals

If any questions arise when purchasing Australian Koala Silver Coins, call the Provident Metals customer service team at 1-800-313-3315. Our team can also be reached via email or through our online chat feature.