Silver Koala
About The Silver Koala Coin
Obverse Silver Koala
Design : Queen Elizabeth II
Designer : Jody Clark
Design date : 2015
Reverse Silver Koala
Design : Koala hanging onto a tree branch
Design date : 2019
Coin Weights
NA
Specification
Australia
Value : 1 Dollar (face value)
Mass : 31.1 g (1.0 troy oz)
Diameter : 40.6 mm (1.52 in)
Thickness : 4.0 mm (0.157 in)
Edge : Reeded
Composition : 99.99% Ag
Years of minting : 2007-present
Frequently Asked Questions
FAQs
There are three important reasons to consider American Gold Metals Inc. After acquiring your precious metals, we provide a follow-up service designed to keep you informed on economic and/or geopolitical events that could affect the gold or silver market. Keeping you informed in real time allows you to be proactive in your decisions.
Second: We are a member of NGC (Numismatic Guarantee Corporation), PCGS (Professional Coin Grading Service) and ANA (American Numismatic Association). We are also a company with decades of precious metals experience. We believe that integrity still matters and our record of service to our clients is a priceless commodity.
Finally by substantially reducing overhead costs, and running a more efficient, customer oriented business, we are able to provide the very best prices for precious metal products.
Setting up a precious metals IRA involves several steps:
- Choose a custodian: Select a reputable custodian specializing in self-directed IRAs that handle precious metals.
- Fund the account: Transfer or rollover funds from an existing IRA or 401(k).
- Purchase metals: Work with a dealer to buy IRS-approved precious metals.
Secure storage: Store your metals in an IRS-approved depository.
History
In its first year of 2007, only the one-ounce bullion coin was minted. All other sizes were minted in 2008, except for the 1⁄10 oz, which started to be produced in 2011. Between 2008 and 2010, the only numismatic or proof coinage minted was the one-ounce with gilded koalas. As of 2020, bullion coins are currently released in 1 kg and 1 oz sizes and the numismatic coinage is minted in 5 oz and 1 oz sizes, with other sizes released occasionally. The coins were .999 fine silver until the 2018 edition, which increased in purity to .9999 silver. Perth Mint originally had no caps on the amount of one-ounce coins produced, but since 2018, it has been capped to 300,000.and limited production. The coins are minted yearly in up to five different sizes.