Perth Mint Kangaroos began as the Perth Mint Gold Nugget coin in 1986, to commemorate the discovery of gold in Australia. Various designs of the nugget appeared on the coins from 1986-1989.
Beginning in 1989, the nugget design was replaced with the now iconic Australian Kangaroo and are one of the very few bullion coins to change design regularly. This design change, coupled with their relatively limited mintage, means that Perth Mint Silver Kangaroos may raise their numismatic value over the years.
Perth Mint Silver Kangaroos are struck in .9999 fine silver and feature the iconic Kangaroo design, which changes annually.
The Perth Mint is the oldest operating mint in Australia and is the official bullion mint of Australia.
The Perth Mint was one of the last three colonial mints established by the Royal Mint in London. It was established in June of 1899 and was built in order to accommodate the massive amounts of gold being discovered.