Description: BackgroundI am clearing these out as I want to increase my holdings of UK coins, so if you have any UK coins (gold/silver/platinum) and want to trade or diversify your holdings, send me a message. OffersThis sale is for 25 and includes the official Perth Mint tube. Postage:I am including FREE Royal Mail Special Delivery which covers orders up to £750. International ShippingI will only use the EBAY international shipping programme as it's just too hard for me to work out all the rules and regulations - and they do all of that, verify the order and ensure its insured. VATWhen you buy a new bullion silver coin from a dealer in the UK, they legally have to add VAT. That adds 20% to the price immediately. These coins are identical to what you'd buy, it's just I cannot and don't add VAT as I am a private seller just clearing out my cupboard. Internationally, it depends on where you live, and you'll be liable to pay whatever is due, but the eBay international shipping service should sort all of that out. Rejection of BuyersIf you have less than 100 feedback and or negative feedback, I reserve the right to sell to you. We can work with escrow services to protect us both, but that does mean you'll have to buy quite a few to make it make financial sense. Why Buy 1oz Silver? Go check out some of these facts ... they're all compelling reasons why it makes sense.Investment: Silver bullion coins are a popular choice for diversifying investment portfolios. Silver is a precious metal that can act as a hedge against inflation and economic instability. Who hasn't watched the G20 countries around the world rack up massive debt-2-gdp ratios? A sustainable debt-to-GDP ratio is generally considered to be below 60%. Ratios between 60% and 90% may be cause for concern, depending on the context, while ratios above 90% are often seen as risky and unsustainable. This often leads to inflation and or the entire collapse of the fiat currency. Eyebrow raising Debt-to-GDP rates in the G20 countries are: Japan: 255%; Greece: 168%; Italy: 144%; United States: 123%; France: 110%; Portugal: 108%; Spain: 107%; Canada: 106%; Belgium: 106%; United Kingdom: 104%; Cyprus: 79%; Austria: 75%; Finland: 74%; Slovenia: 69%; Germany: 66%. That means 75% of the G20 have unsustainable ratios. Hmmm, what could possibly go wrong next - and how could you protect your cash from becoming worthless kindling?Potential upside: Silver is far more volatile than gold, but where gold goes, silver tends to trend in the long term. Silver is largely an industrial metal too, so look at what happened to the price when the economy picked up in 2010. One way to see if silver is a better bet than gold is to examine the gold-to-silver ratio. The long-term average gold-to-silver ratio is around 65:1 since the 1970s when the gold standard was abandoned. Historically, the ratio has varied significantly, with some periods seeing it as low as 15:1 and recently it hit 120:1. The ratio fluctuates based on market dynamics, economic conditions, and industrial demand for silver. A rational person would buy silver when it is above 65:1 and buy gold when it is below 65:1. As of today, the ratio is 88:1 implying silver is currently cheap compared to gold.The World Silver Council is showing that world demand has outstripped supply for years now. Stock piles are dwindling. Perhaps not like the REDDIT crowd had hoped, but these are the official figures - and the REDDIT silver short has long burst.Gold once mined tends to exist in bars, coins, and jewellery forever - people and governments may hoard it, but it has no other real use. HOWEVER, In addition to being a precious metal, Silver has a wide range of industrial applications for which it is indispensable. This is why the prices shoot up when the economy does. Silver’s high conductivity and antibacterial qualities make it essential in manufacturing processes and medical applications, including bandages and medications. In the electronics industry, silver is used in everything from mobile phones to computers due to its excellent conductivity. Solar panels also rely heavily on silver to convert sunlight into electricity efficiently (and the world needs billions of solar panels right now). Additionally, silver is vital in industrial catalysts, which aid in the production of plastics and chemicals. Beyond industrial uses, silver’s role in everyday products like jewelry and silverware continues to be significant. Liquidity: 1oz silver bullion coins are highly liquid, meaning they can be easily bought and sold in the market. They are widely recognized and accepted, making them a convenient form of investment.Affordability: Compared to gold, silver is more affordable, allowing investors to acquire a larger quantity of metal with a smaller investment. This makes it accessible for a wider range of investors. Lower value coins always command a premium because when you come to pay for something, a £1,000 1oz Gold Britannia is not great as nobody has change for it. A £30 1oz silver coin is great amount for trading for food or petrol. Collectibility: Some people buy silver bullion coins for their numismatic value. Limited edition or commemorative coins can become valuable collectibles over time. Tangible Asset: Silver bullion coins are a tangible asset, which appeals to those who prefer physical holdings over digital or paper assets. They provide a sense of security and ownership. Do you trust the governments of the world?The worlds oldest FIAT currency is the British Pound. That "promise to pay the bearer the sum of £1 on demand" originally would have got you one troy pound of silver. A troy pound is 373.24 grams, and as I type, the spot price is £765.98 per kilo. That means the original pound was worth 37.324% of that or £285.90. The pound was first issued in 1694, and since then, it's lost 99.65% of it's value. A 1oz silver coin is still worth 1oz of silver!!If you are a silversmith, you are probably buying fine silver casting grain from industry suppliers like Cookson Gold. At the time of writing, that is priced at £1,148.66 per kilo plus P&P. If you buy a kilo of my coins @ £30 each and melt them instead (ooh the heresy) - that only comes to £964. This literally is cheap casting silver which has been tested for purity by a government and stamped as such - plus it's a beautiful coin if you want to hold on to it.If you are still not convinced that governments are robbing you 24x7 through something called seniorage and inflation and QE then consider this. A Roman centurion's annual wage was typically around 7,500 denarii. Given that one denarius was approximately 3.41 grams of silver, a centurion's annual wage would be about 25,587 grams of silver, or roughly 25.6 kilograms of silver per year, which is about £20,000 pounds at today's low price. A captain in the British Army today earns about £50,000. Given the volatility in silver prices (see inflation adjusted price chart below) ... this shows that SILVER is a proven store of value and the FIAT British Pound is just another form of hidden tax, and who wants more tax at the moment?Finally, there is an old saying about SILVER ... which runs "If you can't hold it, you don't own it." Banking ETFs have suffered technical glitches over the years and custodian vaults are prone to government raids. Did you know that the US Government actually banned people from owning Gold and seized it all in 1933? It wasn't until 1975 that Americans could again freely own and trade gold. Australia put in a law in 1959 to allow them to do the same and in 1966 the UK government banned citizens from owning more than four gold or silver coins and only lifted the import ban in 1979 (thank you Margaret Thatcher). This is all comparitively recent history!! And what's happening in the world right now? Silver is a metal with a volatile price see the recent changes. This price performance data was captured on 28/11/2024. Compare that with 20 years of inflation showing how your cash stash under the mattress would have lost over 51.5% of it's value. This chart below shows how the Bank of England has robbed you over the last 20 years. Cash is a guaranteed loss ... and who thinks Labour will not out do the Tories for mis-managing the economy by causing a total economic collapse. They managed that in 2008 when they were given the best balance sheet ever, and given the abysmal starting point of 2024 and Rachel in Accounts CV and her track record to date ... you know where this country is heading. Inflation adjusted silver prices .... silver has a long way to go to reach the 2010 high caused by a pickup in global demand, and the shortage. Will You Accept Returns? Absolutely not. Go to a main dealer and buy from them for much more if you want returns. I am a private seller and there is no margin in this. Of course, if you can prove the item is a fake, you'll be covered under eBays policies. But they are not, because I purchased them all directly from an Approved Perth Mint Agent - and weighed and measured the lot of them. People who return stuff tend to have a history of doing that, which is why I have my rules on feedback. Age of CoinsThese come from 2020, but that is not guaranteed. If it must be 2020, message me so I can confirm before sending. Regardless of the year, you will receive is a genuine 1oz Perth Mint Silver Kangaroo though - just possibly from a different year. Introducing to the Perth Mint 1oz Silver KangarooThe Perth Mint's 1oz siver kangaroo coins and bullion are famous around the globe, with new release coins popular with coin collectors and bullion investors. These coins feature:99.99% pure SilverIconic Kangaroo DesignAustralian Legal Tender status & Government assurance of weight and purityMicro Laser engraved security/authentication feature - The coin incorporates an authentication feature on the reverse. In the form of a micro-laser engraved letter, it is only detectable under a magnifying glass. See image where it's highlighted from my microscope.Globally recognised and trusted investment option. All Perth Mint silver products are internationally recognised and The Perth Mint is a member of the London Bullion Market Association (LBMA). This means your investment is internationally accredited and easy to buy and sell anywhere in the world.Australia’s most famous marsupialThe Red Kangaroo, the world's largest marsupial, is renowned for its remarkable agility, capable of speeds of almost 50kph. This unique bullion coin series pays tribute to the country's definitive animal emblem that traces its roots back to the Guugu Yimithirr word 'gangurru'. From the arid interiors to the lush bushland parks on the outskirts of cities, kangaroos inhabit every corner of this wide, brown land. Embrace this emblem of Australia and join in celebrating one of Australia's most famous marsupials captured by Perth Mint's resident specialist in animals, Aleysha Howarth. Iconic designThe coin’s iconic design portrays a bounding kangaroo surrounded by stylised rays of bursting sunlight. Inscriptions on a wavy-lined border include ‘AUSTRALIAN KANGAROO’ and the coin’s weight, purity, and year-date, together with The Perth Mint’s ‘P’ mintmark. Bullion vs BU Brilliant Uncirculated vs MINTThere's a lot of nonsense out there and people say a coin is "MINT" and haven't a clue what that actually means. When companies like The Perth Mint or The Royal Mint produce bullion coins, they are intended to be purchased and owned primarily by customers who wish to own gold or silver, but who don't want to pay the premium that comes with Proof (AKA MINT) or Brilliant Uncirculated strikes. The bullion finish is good enough to ensure that the coin is recognisably a product of Mint, but not designed to specifically highlight the art on the coin. That's also why they are a third of the price, and the closest price you can get to the SPOT price. What are Milk Spots?Milk spots can occur on both bullion and Proof finished coins, but they are more commonly found on silver bullion coins with a purity of 999.0 or higher, and are rarely seen on older coins with alloys (and it's also a good sign your coin is pure). On silver coins these white spots look very much like spilt milk that has dried on the coin, hence the common name given to them by coin collectors - milk spots. They are cloudy, slightly translucent and may occur as small spots or cover large areas of the coin. They are fairly common and can suddenly appear on a previously perfect coin - which if you've purchased a proof special is not great. However, lets move to the good news. If you have a bullion coin, the value simply is not affected by milk spots because 1oz of silver is 1oz of silver, whether it is covered with white spots or not. It will be weighed in and go in the pot with the rest. About Perth MintThe Perth Mint is Australia’s largest and most highly accredited precious metals enterprise. Through its integrated operations and trusted products and services, it develops markets and creates demand for Australian precious metals the world over. Operating the largest refinery and the only facility in Australia accredited for gold and silver by the London Bullion Market Association, the Mint holds endorsements by commodity trading centres in London, New York, Tokyo, Shanghai and Dubai. The Perth Mint exports in excess of USD14 billion worth of bullion bars and coins to institutional and private investors in more than 130 countries each year and issues an array of legal tender commemoratives for collectors. Offering the world’s only government guaranteed precious metals investment and storage programme, the Mint also manages approximately US$3 billion worth of metal held on behalf of some 40,000 clients. Still operating in its original premises, founded in 1899, The Perth Mint is also a premier tourist destination and home to the Guinness Book of Records certified largest coin in the world – the Australian Kangaroo One Tonne Gold Coin, worth more than USD 40 million. #BlackMonday #BlackTuesday #BlackWednesday #BlackThursday #BlackFriday #BlackSaturday #BlackSunday - they are hashtags for sales, and also famous financial market collapses. Silver Kangaroo SpecificationsYear2020 (not guaranteed)MetalSilverSilver Content (1 Troy oz = 31.10g) 1.000Monetary Denomination (AUD)1.00Fineness (% purity)99.99Minimum Gross Weight (g)31.10Maximum Diameter (mm)40.90Maximum Thickness (mm)3.50Maximum MintageUnlimitedFinishBullionLegal TenderAustraliaDesigns OBV designer: Jody Clark HM QE II. REV designer: Aleysha Howarth Kangaroo Design.
Price: 749 GBP
Location: London / Home Counties
End Time: 2025-01-17T19:48:58.000Z
Shipping Cost: 56.57 GBP
Product Images
Item Specifics
Returns Accepted: ReturnsNotAccepted
Coin: Australian Kangaroo
Unit Type: Unit
Year: 2020
Strike Type: Business
Fineness: 0.9999
Precious Metal Content per Unit: 1 oz
Unit Quantity: 1
Country/Region of Manufacture: Australia
Brand/Mint: The Perth Mint
Total Precious Metal Content: 25 oz
Certification: Uncertified