Australian Kangaroo Silver Coins in IRA & Retirement
The Australian Kangaroo Silver Coin, minted by the Perth Mint, is renowned for its annually changing designs featuring the iconic kangaroo, a symbol of Australia's unique wildlife. Struck from .9999 fine silver, these coins are esteemed for their high purity and exceptional craftsmanship, making them a notable option for those looking to diversify their retirement portfolios with physical silver assets.
The obverse features the effigy of the reigning British monarch, accompanied by inscriptions indicating the coin's face value and year of issue. This design element underscores Australia's status as a Commonwealth nation and adds a historical dimension to the coin.
The reverse showcases a detailed depiction of a kangaroo, with the design changing annually to highlight different aspects of this iconic marsupial. These unique designs enhance the coin's appeal and distinguish each year's release.
The Australian Kangaroo Silver Coin meets the IRS's minimum purity requirement of 99.9%, making it eligible for inclusion in self-directed Silver IRAs. Its high purity and status as legal tender in Australia enhance its suitability for retirement portfolios.
1 oz Australian Silver Kangaroo
| IRA-Eligible | Yes, is eligible |
| Value | $1 AUD |
| Metal Content | 99.99% Silver |
| Years of Minting | 2016–present (Bullion) |
| Mint | Perth Mint |
The standard 1 oz Australian Kangaroo Silver Coin has dimensions of 40.6mm diameter and a 3.21mm thickness.
Is the Australian Kangaroo Silver Coin Eligible for a Silver IRA?
Yes, the Australian Kangaroo Silver Coin is allowed for investment in Silver IRAs. Its 99.99% purity exceeds the IRS's 99.9% minimum requirement, making it a qualified asset for retirement accounts. To add this coin to your IRA, begin by selecting a trusted Silver IRA company that can assist with account setup, funding through a rollover, IRA transfer, or direct contribution, and purchasing the coins from an approved dealer.
Other IRA-Eligible Silver Coins
Other popular bullion coins typically chosen in a Silver IRA are listed below:
- American Eagle Silver Coins
- Canadian Maple Leaf Silver Coins
- Austrian Vienna Philharmonic Silver Coins
- Mexican Libertad Silver Coins
- Australian Kookaburra Silver Coins
- British Britannia Silver Coins
- Australian Koala Silver Coins
- Australian Swan Silver Coins
- Australian Lunar Silver Coins
- South African Big Five Silver Coins
- South African Krugerrand Silver Coins
These mosted-used bullion silver coins provide a variety of coin options to include in your Silver IRA portfolio.
How Focus on the User Can Help You Hold Silver Australian Kangaroos in Your IRA
Holding gold coins like the Silver Australian Kangaroo coin directly in your IRA is just one option you have in your Silver IRA. Focus on the User makes the planning process Silver IRAs clear, including all the silver coin options you have.
Wait! Don't Invest In a Gold IRA Just Yet..
Our free eBook helps you plan your Precious Metals IRA, and avoid penalties and hidden fees.