2024 $1 Koala 1oz .999 Silver Bullion Coin
Koala, among the most recognisable of Australia’s distinctive native animals, features on the Royal Australian Mint’s new gold and silver investment coins.
Koalas inhabit eastern and southern Australian coastal regions, living mostly on eucalyptus leaves. Disease and loss of habitat has reduced populations and Koalas are now classed as vulnerable.
When Europeans first settled in Australia, they marvelled at the unusual native animals, among them were Koalas; which they incorrectly described as a bear. Koalas were of course well known to indigenous peoples who hunted them for food.
Hunting for skins for export in the 19th and early 20th centuries led to a population decline, prompting perhaps Australia’s first large-scale environmental response. Once ranked as a least concern species, Koalas are now classed as vulnerable and are fully protected under Australian environmental law.
Struck by Royal Australian Mint from 1oz of 99.9% pure silver, the coin is issued as legal tender under the Australian Currency Act 1965 and has a mintage of 25,000.
DESIGN
The reverse features a koala designed by Bronwyn Scott looking off into the distance with eucalyptus leaves and branches behind it. The reverse also includes the weight and fineness as well the “KOALA” description.
The coin’s obverse features the memorial effigy of Her Majesty Queen Elizabeth II designed by Jody Clark as well as the 2024 year-date and monetary denomination.
PRESENTATION
Each 2024 Koala 1oz silver bullion coin is presented in a protective capsule. There are 10 coins to a roll.
Technical Specifications
Year Date | 2024 |
Silver Content (Troy oz) | 1.000 |
Monetary Denomination (AUD) | 1.00 |
Fineness (% purity) | 99.9 |
Diameter (mm) | 40.00 |
Finish | Brilliant Uncirculated |
Maximum Mintage | 25,000 |
Packaging | Coin in capsule |
ABOUT THE ROYAL AUSTRALIAN MINT
The Royal Australian Mint is the sole producer of all Australia’s circulating coins. Opened in 1965 and situated in the Australian federal capital city of Canberra, in the suburb of Deakin, the Mint is also a very popular tourist destination for visitors and locals alike. Swan Bullion Company is proud to be an authorised distributor for The Royal Australian Mint’s bullion and numismatic products.
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