The Silver Australian Koala is one of the Perth Mint’s most popular and in-demand annual coin releases. These coins are available on a yearly basis in silver and gold, with special high-relief proofs struck in very limited numbers each year. Right now, the 2016 1 oz Silver Australian Koala Proof Coin is available to purchase on Silver.com.
- Arrives in a Perth Mint box and features a Certificate of Authenticity.
- Total mintage capped at just 1,000 coins for this year’s release.
- Ninth design in the Silver Australian Koala.
- Consists of One Troy ounce of .999 fine silver.
- Bears a face value of $1 (AUD) backed by the federal government of Australia.
- Reverse features the latest Koala design for 2016.
- Obverse includes Queen Elizabeth II’s portrait.
- High Relief proof coin.
There are countless animals that are unique to the Australian continent, and most of them are easily associated with the nation by those who do not live there. Among them is the koala. Often referred to as the koala bear, these animals are actually marsupials and not bears.
Koalas are nocturnal by nature, spending as many as 20 hours in a given day sleeping. These herbivores live predominantly on the leaves the eucalyptus tree. More common than the misconception that these creatures are bears, is the concept the koalas are all docile. The creatures possess extremely sharp claws and a short temper, never hesitating to defend themselves if they feel threatened.
On the reverse side of the 2016 1 oz Silver Australian Koala Proof coin is the latest design used in the koala series, which features a single koala as it walks on all fours along the branch of a tree. Engravings read “Australian Koala” and “2016 1 oz 999 Silver.”
The obverse side of all Australian coinage features the right-profile portrait of Queen Elizabeth II. Created in 1998 by Ian Rank-Broadley, this image is commonly used on all commonwealth coinage. Engravings include “Elizabeth II,” “Australia,” and “1 Dollar.”
Each of these 2016 1 oz Silver Australian Koala Proof coins features a high-relief striking, which requires each blank to be struck multiple times under high pressure to bring out a 3D appearance for the coin’s final design.
Founded in 1899, the Perth Mint is the oldest operating facility in Australia. Originally part of the Royal Mint system of the British, today it is a state-owned entity and exists separately of the Royal Australian Mint.
If you have any questions, Silver.com encourages you to reach out to our customer service team. You can contact us on the phone at 888-989-7223, connect with us online using our live web chat, or via our email address.