Introduced to the world in September 2015, the 2016 1 oz. Silver Australian Kangaroo coin has surpassed the expected 5 million coins’ sales as it hits over 10 million coins. This ranks it among the top 5 world silver bullion coins.

This silver bullion coin is the only Perth mint coin weighing 1 oz., which many believe plays a major role in the coin’s popularity. "We made sure that the new Kangaroo satisfies investors' key aims -- to secure an asset which features an Australian icon -- to secure silver at an affordable price -- to add 9999 fine silver to their portfolio -- and to stack precious metals in convenient one ounce coins," said Perth Mint Chief Executive Officer, Richard Hayes. The Perth expects sales to exceed to more than 12 million coins.

This silver Perth mint coin and many others are available on our silver coins page. Canadian Bullion Services is an international precious metals dealer headquartered in Toronto, that is ranked among the top precious metal dealers in Toronto. Visit our main site for more information, and keep up with us on Twitter and Facebook. Don’t forget to check out our weekly posts every Tuesday!

What's your favorite Perth mint coin? Let us know in the comment section below!

Sources: coinworld.com, prnewswire.com