Koala 1oz Silver Coin 2017

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Koala 1oz Silver Coin 2017 - Motif

Weight: 31.10 g
Purity: 999 / 1000
Country: Australia
Mint: The Perth Mint
Grading: Mint State - Uncirculated
Packing: Single in plastic capsule
Tax: Taxfree acc. to article 17(1)3 Est. VAT Act
Currently not available
Sell back price: € 21.77
Product Description

The Koala 1oz silver coin 2017 is available. The Koala Silver coin was introduced by the Perth Mint in 2007 and has been a huge success. Each year features a new design of the beloved Australian Koala, which adds to the appeal of the series.  

The Koala is brilliantly designed and is produced by one of the highest quality mints in the world.

Fine Weight and Fineness

The Koala 1oz silver coin is produced with a fine content of 999/1000 and has a fine weight of 31.103 g. It is also the best-selling coin of the series.

 

Weight

Fine weight

Diameter

Thickness

Nominal Value

1oz

31.103g

40.6 mm

4.0 mm

1 AUD

Appearance

Koala silver coins have an edge bar and a rippled edge. With the edge bar the coin has improved stability and stackability. The edge bar is a little higher and thus reinforces the coin. The function of the rippled edge is to protect against manipulation.

On the motif side is an adult koala next to the trunk of an eucalyptus tree surrounded by gum nuts, gum leaves and gum blossoms. Left of the motif, is the mint mark "P", which stands for Perth Mint. Under the mintmark are the letters "TV", which stand for artist Tom Vaughan, who designed the motif.

The name of the coin series "AUSTRALIAN KOALA" is inscripted along the top outer edge of the coin. At the bottom are the year issue "2017", the weight "1oz", the fineness “999” and the precious metal "SILVER".

The back shows Queen Elizabeth II in profile view within an inner circle. Surrounding the outer edge, the name of the regent “Elizabeth II”  the country of origin “Australia” and the nominal value “1 Dollar” are embossed.

History

The "Australian Koala" silver investment coin was introduced in 2007. In the first year of mintage, only the 1 ounce size were issued. In 2008, the 1kg, 10oz and 1/2oz sizes were added to the silver coin series.

Each coin is issued as legal tender under the the Australian Currency act of 1965.

Every year since their introduction in 2007, the Perth Mint has changed the design of Koala. However, the design will always feature a koala bear in their natural setting. The Koala is available in both silver and gold.

Manufacturer

The Perth Mint is one of the most prestigious mints in the world. The Perth Mint, located in Perth, Australia, started operations in 1899, as a branch of the Royal Mint London. It has its own goldsmithing and refining facilities and produces numerous well-known and sought after gold, silver, platinum and palladium bullion products. The Perth Mint was under British law until 1 July 1970, when it became wholly owned by the Australian State.

Product details

Country of origin: Australia
Manufacturer: Perth Mint
Year: 2017
Fine content: 999/1000
Nominal Value: 1 Dollar
Scratch resistance: poor