Australian Silver Kangaroos, also called Silver Nuggets, are beautiful and popular 0.9999 pure silver bullion 1 ounce coin recently minted and launched by the Perth Mint.
GoldCore have worked closely with the Perth Mint since 2004, and are an Approved Dealer for their products. We were treated to a sneak preview of the brand new beautiful silver bullion coin at the launch of the new Kangaroo coin in Frankfurt in September 2015.
The Silver Kangaroo or Nugget coin is set to compete directly with the other major investment grade bullion coins around the world.
The coin is designated as legal tender with a face value of $1 AUD and has a design developed specifically for this release. Available in Brilliant Uncirculated condition, these coins come in plastic protection tubes of 25 coins each or in a mint box of 10 tubes, with 250 coins in each “monster box”.
Australian Kangaroo Nugget coins are issued by the Perth Mint, Australia’s oldest operating Mint established in 1899. These silver coins are redesigned yearly but always feature Australia’s most famous marsupial, the kangaroo.
The Australian Kangaroo silver bullion coin is 99.99% pure silver and so is a practical way to own physical silver. The silver price has a low correlation with the prices of most other financial assets, so physical silver ownership via the Silver Nugget bullion coins also provides portfolio diversification.
With a very high mintage, the coin is already well known and accepted by dealers around the world, making the secondary buying and selling market highly liquid due to the large trading volumes.
Silver coins have a much lower cost of ownership than gold coins, and for some are a more cost effective way of building up a precious metals bullion coin holding.
Silver Kangaroos are portable and easy to transport, and its 1oz divisibility allows a partial holding, for example a tube of 25 coins, to be traded if the need arises.
New Silver Kangaroo bullion coins minted by the Perth Mint are distributed in uncirculated condition and can be securely stored in their original tube and box packaging in which they are issued.
The Perth Mint is one of the oldest and most trusted mints in the world. In operation since 1899, the Perth Mint is renowned for some of the highest quality bullion products – most of which are legal tender in Australia.
The Perth Mint is Australia’s official bullion mint. Established in 1899, two years before Australia’s Federation in 1901, the Perth Mint was the last of three Australian colonial branches of the UK’s Royal Mint – after the now defunct Sydney Mint and Melbourne Mint.
The mint refined much of Australia’s gold in the gold rushes and minted gold sovereigns and half-sovereigns for the British Empire. Along with the Royal Australian Mint, the Perth Mint is the older of the two mints issuing coins that are legal tender in Australia.
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GoldCore offer Australian Kangaroo or Nugget silver coins and all leading silver bullion coins for delivery throughout the U.S. and Canada
We deliver silver bullion coins in the U.S. and Canada through fully insured international shipping services and national postal services such as FedEx and UPS.
Insured delivery in the U.S. and Canada for silver bullion coins generally takes 5 to 10 working days. For certain products and during periods of high demand delivery can be a maximum of 15 working days. Insured delivery costs are competitive.
Note: Minimum order for delivery of Australian Kangaroo silver coins is 25 troy ounces or one tube.
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For larger amounts or those seeking added liquidity, investors can buy Australian Kangaroo silver coin “monster boxes” and own them in allocated and segregated storage in GoldCore Secure Storage.
GoldCore offer U.S. and Canadian clients fully insured secure storage facilities in the safest vaults in the safest jurisdictions in the world – in Delaware, Zurich, Lichtenstein, London, Hong Kong and Singapore.
New Australian Kangaroo silver bullion coins issued by the Perth Mint are distributed in Brilliant Uncirculated condition and can be securely stored in their original tube and box packaging in which they are issued.
The Perth Mint packages the silver kangaroo in 250 coin quantities, packaged in tubes of 25 coins per tube, with 10 tubes per box. These boxes are colloquially known as monster boxes and measure about 8” by 10” by 5”, i.e. 400 cubic inches.
Note: Minimum order for storage of Australian Kangaroo silver bullion coins is one monster box (250 coins)
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Important Information Regarding the Storage of Vat Free Silver Coins.
All silver (including Silver Coins) stored in non London Vaults (Hong Kong, Singapore, Zurich) are kept in bonded warehouses. This means that your silver is not stored in a specific location for taxation purposes and VAT has not been assessed. If you decide to move your assets VAT may become payable at the applicable rates set by the country the asset is exported to.
If you are a European resident and you wish to own Vat Free silver coins and have them professionally stored, with the possible intention of taking delivery in the future you should opt to have your silver stored in our London vaults. Please note, GoldCore are not tax advisers, clients should seek the advice of their tax advisers before carrying out any transaction.
If you do not intend to take delivery of your silver, then all Storage locations are acceptable.