Silver Kangaroo Melt Value

An Australian Silver Kangaroo contains 1.0000 troy oz of pure silver, worth $54.05 at today's spot price.

The Perth Mint's silver bullion kangaroo was introduced in 2016.

2016–present

$54.05 silver melt value per coin

1.0000 troy oz silver · 99.99% silver

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 23, 10:19 PM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 2016–present
Face value AUD $1
Composition 99.99% silver
Gross weight 31.107 g
Fineness .9999 (99.99%)
Pure metal 1.0000 troy oz (31.103 g)
Diameter 40.9 mm
Mint tube 25 coins (1 oz)

How the melt value is worked out

Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 31.107 g × .9999 fine ÷ 31.1035 g per troy oz = 1.0000 troy oz
    1.0000 troy oz × $54.05 spot = $54.05

How to identify it

  • A bounding kangaroo on the reverse; the monarch's effigy on the obverse.
  • The Perth Mint states a minimum weight of 31.107 g.

Melt value vs. collector value

Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.

Related tools

Sources

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