Kangaroos are only found in Australia, these unique animals have gait and movement unlike any other animal in the world. The red kangaroo, depicted on the coin, is the largest of all kangaroos, the largest terrestrial mammal native to Australia, and the largest extant marsupial. They hop across Australia on large, powerful legs, and use an oversized, muscular tail to help balance their bodies. They are found across mainland Australia, avoiding only the more fertile areas in the south, the east coast, and the northern rainforests.
Kangaroos were first depicted on the coin in 1989 when the Perth Mint released their Gold Nugget coin in new design and changed its name to Kangaroo. Besides being depicted on the Australian Kangaroo coins, the kangaroo appears as an emblem on Australia’s coats of arms. In fact, the kangaroo is deemed to be the unofficial symbol of Australia. In 2016 the Perth Mint launched Australian Silver Kangaroo bullion coin, until then all silver coins depicting kangaroos were proof coins with limited edition.
The design for this brand-new coin from Australia’s Perth Mint was a closely guarded secret that was only revealed to the public at the World Fair of Money. This coin was set to rival the American Silver Eagle’s dominance of the precious metals coin market. Unlike other Australian silver coins (Kookaburra, Koala, Lunar) the silver Kangaroo has the same design annually and its volume of production is not limited.