2017 Australia Silver Koala 1 oz .999 Silver Coin - BU Original Perth Mint Cap

Description

2017
Australia
Silver Koala 1 oz .999 Silver Coin Encapsulated
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Reverse
: Portrays a koala sitting at the base of a eucalyptus tree with another tree in the background. Also included is the year, weight, and the traditional Perth Mint "P" mintmark.
Obverse
: Ian Rank-Broadley likeness of Her Majesty Queen Elizabeth II and the monetary denomination.
Sovereign coin backed by the Australian government.
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Specifications
:
Year: 2017
Grade: Brilliant Unc
Grade Service: None
Denomination: .00
Mint Mark: P -
Perth
Metal Content: 1 troy oz
Purity: .999
Thickness: 2.98 mm
Diameter: 40.6 mm
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Beginning in 2007, the Perth Mint introduced the Silver Koala series in both Gold and Silver. Each year features a different design of this animal that is so strongly associated with
Australia
.
Australian Silver Koala coins are produced in both 1 oz and 1 kilogram size, with the mintage of the 1 oz size since 2016 capped at just 300,000 coins. This makes the Australian Silver Koala one of the most collectible bullion series. The Koala, along with the Kookaburra, Lunar Series, and Kangaroo form what has continued to be a robust line of high quality bullion products from the Perth Mint of Australia.
When early European settlers first encountered koalas in
Australia
, they thought the tree-climbing animals were monkeys or bears. Even though they're still referred to by some as "koala bears", they're actually marsupials like kangaroos and wombats.
Koalas have special physical characteristics that complement their tree-dwelling lifestyle. They're able to grip branches and pick eucalyptus leaves with their two opposable digits, and their tough skin and sharp claws provide traction in climbing. They even have extra thick fur on their seat so they can sit comfortably on branches for hours! Unique to
Australia
, these animals are a perfect theme for an iconic coin series.