Last Updated on July 19, 2024 by Ben
Australian Silver Koala
The Australian Silver Koala is a popular Australian Gold Bullion coin that has been released annually since 2007. The Australian Silver Koala was designed by Dr. Stuart Devlin, who also designed the Australian decimal currency introduced in 1966 and the Queen’s head-on coins of several Commonwealth countries.
Australian Koala Silver Bullion Coin
The Silver Koala is a silver coin from Australia. The picture on the front changes every year, but it always has the Queen of England on it. On the back, there is always a koala. They are animals that live in Australia, and they are called marsupials because they carry their babies in their pouches.
Silver koalas are collectible coins, but they are different than other types of coins. They have a special design each year, and only a limited number is made in order to make them rare. The size depends on the year it was minted.
The Australian Silver Koala is a new kind of coin that was made for Australians. They are loved by people in Australia and are popular with people who collect other kinds of silver coins all over the world. Some coins are limited in number because of the changing yearly design. The number of coins depends on how many orders for that year there are. Coins from years with fewer orders have a higher value to collectors. These coins are a fun way to diversify your IRA (a type of investment).
Australian Silver Koala History and Background
The Perth Mint first released these Silver Koalas in 2007. They are a part of the story that the mint wants to share with people all over the world. The mint wanted to make these Silver Koalas part of their series on national wildlife. Every release has been about an animal. Australia is known for its big population of animals. That is why so many people come to the country. Australia also has a lot of plants and fish that are not found anywhere else in the world.
Australia’s Perth Mint made coins called the wildlife series. The coins have pictures of animals on them. They include a kookaburra, a spider-hunting scorpion, and a kangaroo. One of the coins is about an extinct animal that looks like a lion. After Perth finished making the Kookaburra and Lunar coins, they made a new series of coins.
They chose to make koala bear coins. Koalas are only in Australia, so these are a good choice for a coin that is recognized as the mascot of Australia. This means that the coins have more value than some silver bullion issues. The mint always makes sure that there are not too many coins made for the market to not be oversupplied.
Australian Silver Koala Physical Characteristics
The Perth Mint guarantees that it will give you all the silver that is in your Koala. Each year, a new design of the Koala will come out.
Coin Design
The Perth Mint began as a British Royal Mint branch. They looked to the design of British Ian Rank-Broadley’s award-winning design for the head of state for Australia, Queen Elizabeth, on the obverse of the coins. Rank-Broadley won the contest from the Royal Mint in 1997. He made a picture of Queen Elizabeth that has appeared on all British coins since then. On the other side, there is a picture of her and words like “Australia,” “50 cents”, or “$10”. The year it was made is also on there.
The back (the other side) of the Silver Koala is changed each year. The picture on the back always has a Koala Bear, which helps to make it popular for people who like to collect bullion coins. This is a book about Koala Bears. The first picture, in 2009, had a Koala holding a branch of a tree in the background. In 2011, the coins showed us that there is a mother and baby Koala Bear sitting in the tree. The coins from 2014 showed a close-up of the Koala Bear from Australia. The Koala Bear has left around it. It also shows the fur on it.
Specifications
Australian Silver Koala bullion has weights that are 1/2 ounce, one ounce, 10 ounces, and 1 kilogram. The specifications for the most popular ounce Silver Koalas are:
- Mass: 31.1 grams
- Diameter: 40.6 mm
- Thickness: 2.98 mm
- Silver Content: 99.99% pure in one ounce
Australian Silver Koala Pricing
The Australian Silver Koala coins are not all the same. The most popular and most heavily minted version is $1. There are also 50 cents, $10, and $30 versions as coins that come in weights of 1/2 ounce, 10 ounces, and 1 kilogram, respectively. Each coin in Australia has a different value. The law says that each one of these coins is worth something, but no one wants to spend it at the lowest amount. The price of a Silver Koala is greater than the face value. This is because its value depends on how much silver it has. The price usually depends on the market price of silver, but maybe there are fewer rare coins, and their prices depend on other factors.
Sometimes the price of silver changes. It can go up and down on the weekdays. This also makes the prices for Australian Silver Koala coins go up and down if they are made of silver.
Buy Australian Silver Koala Coins
You can buy Australian Koala silver and platinum coins from the CoinInvest website. There are many coins to pick from, and we always have a great price. On this page, you can see some of the coins we have. Click on an image to master more about it. You can choose a coin and put it in your basket to buy it. Then go back and check out this page.
These coins are from Australia. These coins have a koala on them. The koala is among the most beloved animals in Australia. There are three kinds of Koalas: black, grey, and white koalas. All of these Koalas live in Australia. The silver, gold, and platinum make up the coin.’
The Australian Silver Koala was created in 2007. It has .999 purity and an alternate design each year. There are five sizes: 10 ounces, 1 ounce, ½ ounce, 1/10 ounce, and 1 kilo (since 2011). The number of coins is low for international issues.
Silver Koalas are different. You can buy them in a coin with high relief. There were only 9,000 of these made, and there is one the size of 5 ounces. This type of coin is a special edition with 5,000 pieces. There are also other versions that come in different colors and that have gold on them. All these coins have the letter “P” on them.
The Australian high-relief, proof quality Gold Koala, is made of gold that is .9999 pure. There are many designs every year, and the sizes are 2oz., 1oz., 1/10oz. And 1/25oz. They have a legal tender value of AUS $ 200, 100, 10, or 5. This is a very special little gold coin. You can utilize it as a gift or collect it in your collection. It has a face value of $2 Australian Dollars.
The first time a koala pop op on an Australian bullion coin was on the reverse of the 1988 1 oz—platinum Koala. The Australian Koala Platinum coin has been a successful investment for many years and has remained one of the famous coins in the world. These coins are made out of platinum, and they are worth a lot of money. They come in different sizes, and each one is worth more money. This shows that it is a good investment to have these coins.
The 2013 Australian Koala 25th Anniversary proof platinum issue is a beautiful coin. It is constructed of platinum, which is a rare metal. This coin celebrates the anniversary of the koala series coins. Each Koala coin is designed beautifully and made with a two-tone frosted effect. This means that the design on the surface of the coins has beautiful colors, depth, and brilliance that are not found on any other bullion coins.
The Koala gold bullion coins are recognized around the world. People like these coins because they look good and are appreciated everywhere. They make a good addition to your portfolio if you are a serious investor.
Investing in Australian Silver Koala Coins Through an IRA
Australian Silver Koala Coins have been accepted by the IRS to be included in your precious metals IRA. Adding these coins to your account with other bullion provides you with a unique way to diversify. Silver is a good investment because its price does not go up and down like stocks. Silver is much cheaper than gold.
The IRS has acknowledged the worth of investing in precious metals. These are different metals, like silver, platinum, gold, and palladium. You can invest in these by getting a self-directed IRA. This is where the accounts get their name of precious metals IRAs. There are some rules for these accounts, like they can only contain IRS-approved bullion. That means that they can’t have other things like Australian Silver Koalas.
When you buy an IRA account, the first thing you need to do is put in $5,000. After that, for every additional purchase, you can put in as little as $1,000.
In order to be a part of your IRA, the IRS has some rules. You have to meet a certain purity level. The Perth Mint makes sure that every Silver Koala they make is at that purity level. These silver bullion coins have to be kept in a safe place. That means they are kept by an account administrator in a vault that is approved by the IRS.
If you want to store gold or silver, you can put it in a deposit where they will keep it safe. If you have an old IRA account that you want to move, which is called rolling over the IRA, this is easy to do through the process of moving it. When you are ready to buy a coin, your administrator will contact a dealer and ask them to give you the coin.
Conclusion
The Australian Silver Koala is one of the most popular silver bullion coins on the market, and it has some impressive mintage figures in its history. Interestingly enough, a large number of those coins were minted during times when an economic downturn or recession was happening around the world. It’s possible that people are looking for safe havens to store their wealth at these points in time, which means they may be turning more often too precious metals like gold and silver.