{"id":7891,"date":"2025-01-24T15:51:00","date_gmt":"2025-01-24T14:51:00","guid":{"rendered":"https:\/\/metalsradar.com\/?post_type=blog&#038;p=7891"},"modified":"2026-10-06T10:53:47","modified_gmt":"2026-10-06T09:53:47","slug":"what-are-the-top-silver-coins-for-investment","status":"publish","type":"blog","link":"https:\/\/metalsradar.com\/au\/blog\/what-are-the-top-silver-coins-for-investment\/","title":{"rendered":"What Are the Top Silver Coins for Investment in Australia?"},"content":{"rendered":"<div class=\"mrf-takeaways\">\n<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>The Perth Mint&#8217;s 1 oz silver coins are the natural starting point:<\/strong> the Kangaroo, Kookaburra, Koala and Lunar series are all 99.99% silver, A$1 legal tender and made in Australia.<\/li>\n<li><strong>All the popular coins are GST-free:<\/strong> the ATO treats silver of at least 99.9% fineness in investment form as precious metal, so no GST is added.<\/li>\n<li><strong>Premiums on silver are high:<\/strong> on 3 October 2026, 1 oz silver coins at Australian dealers cost 15.5% to 35.4% over spot, while a 1 kg cast bar cost 11.8%.<\/li>\n<li><strong>The American Silver Eagle was the most expensive coin we tracked:<\/strong> 35.4% over spot before postage, far more than the Maple Leaf or Krugerrand at 15.5%.<\/li>\n<li><strong>Silver is volatile:<\/strong> in AUD, it peaked at A$165.70 per ounce on 29 January 2026 and stood at A$87.19 on 2 October 2026.<\/li>\n<\/ul>\n<\/div>\n<p>What are the top silver coins for investment? For Australian buyers, the shortlist is shorter than it looks. A good silver bullion coin is 99.9% or 99.99% pure, comes from a government mint, is easy to sell and carries a premium you can live with. Rarity, colour and special packaging belong to collecting, not investing.<\/p>\n<p>In this guide, we compare the silver coins you will see most often at Australian dealers, with mint specifications, ATO rules and real listings from our <a href=\"\/au\/categories\/silver-coins\/\">silver coin price comparison<\/a>. You will also see why silver coins cost so much over spot and when a bar may be the better buy.<\/p>\n<h2>What Makes a Silver Coin a Good Investment?<\/h2>\n<p>A silver bullion coin is a coin valued mainly for its silver content. Before you choose a design, check five things:<\/p>\n<ul>\n<li><strong>Premium over spot:<\/strong> the extra you pay above the silver value. On silver it can be large.<\/li>\n<li><strong>Purity and GST:<\/strong> silver must be at least 99.9% fine in investment form to be GST-free precious metal in Australia.<\/li>\n<li><strong>Issuer:<\/strong> a government mint guarantees the weight and purity.<\/li>\n<li><strong>Liquidity:<\/strong> how easily a dealer will buy it back.<\/li>\n<li><strong>Security features:<\/strong> micro-engraving and similar marks make fakes harder.<\/li>\n<\/ul>\n<p>Why does purity matter so much here? Because the GST threshold for silver (99.9%) is strict. Sterling silver (92.5%) and older coins below 99.9% do not qualify.<\/p>\n<h2>Silver Coin Specifications at a Glance<\/h2>\n<figure class=\"mrf-table\">\n<table>\n<thead>\n<tr>\n<th>Coin (1 oz unless stated)<\/th>\n<th>Mint<\/th>\n<th>Fineness<\/th>\n<th>Face value<\/th>\n<th>Mintage<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Australian Kangaroo<\/td>\n<td>The Perth Mint<\/td>\n<td>99.99%<\/td>\n<td>A$1<\/td>\n<td>Bullion since 2016, design changes yearly<\/td>\n<\/tr>\n<tr>\n<td>Australian Kookaburra<\/td>\n<td>The Perth Mint<\/td>\n<td>99.99%<\/td>\n<td>A$1<\/td>\n<td>Max 500,000 (2026)<\/td>\n<\/tr>\n<tr>\n<td>Australian Koala<\/td>\n<td>The Perth Mint<\/td>\n<td>99.99%<\/td>\n<td>A$1<\/td>\n<td>Max 300,000 (2026)<\/td>\n<\/tr>\n<tr>\n<td>Lunar Series III (Horse 2026)<\/td>\n<td>The Perth Mint<\/td>\n<td>99.99%<\/td>\n<td>A$1<\/td>\n<td>Max 300,000 (2026)<\/td>\n<\/tr>\n<tr>\n<td>Canadian Silver Maple Leaf<\/td>\n<td>Royal Canadian Mint<\/td>\n<td>99.99%<\/td>\n<td>C$5<\/td>\n<td>Since 1988<\/td>\n<\/tr>\n<tr>\n<td>British Silver Britannia<\/td>\n<td>The Royal Mint<\/td>\n<td>99.9% (since 2013)<\/td>\n<td>\u00a32<\/td>\n<td>Since 1997<\/td>\n<\/tr>\n<tr>\n<td>Austrian Silver Philharmonic<\/td>\n<td>Austrian Mint<\/td>\n<td>99.9%<\/td>\n<td>\u20ac1.50<\/td>\n<td>Since 2008<\/td>\n<\/tr>\n<tr>\n<td>South African Silver Krugerrand<\/td>\n<td>Rand Refinery \/ SA Mint<\/td>\n<td>99.9%<\/td>\n<td>1 rand<\/td>\n<td>Since 2017<\/td>\n<\/tr>\n<tr>\n<td>American Silver Eagle<\/td>\n<td>United States Mint<\/td>\n<td>99.9%<\/td>\n<td>US$1<\/td>\n<td>Since 1986<\/td>\n<\/tr>\n<tr>\n<td>Chinese Silver Panda (30 g)<\/td>\n<td>China Gold Coin Inc.<\/td>\n<td>99.9%<\/td>\n<td>10 yuan<\/td>\n<td>Since 1983, metric since 2016<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption>Sources: The Perth Mint (2026 Kookaburra, Koala and Lunar Series III specifications; Kangaroo bullion coin information), Royal Canadian Mint, The Royal Mint, Austrian Mint, United States Mint. Checked October 2026.<\/figcaption><\/figure>\n<h2>The Top Silver Coins for Australian Investors<\/h2>\n<h3>1. Australian Silver Kangaroo<\/h3>\n<p>The Perth Mint has produced the 1 oz Silver Kangaroo bullion coin since 2016. It is struck in 99.99% silver, carries an A$1 face value, and its kangaroo design changes with each annual release. A micro-engraved security mark on the reverse is visible only under magnification.<\/p>\n<ul>\n<li><strong>Why buy it:<\/strong> made locally, legal tender in Australia and widely stocked by Australian dealers.<\/li>\n<li><strong>Watch out for:<\/strong> coloured or special editions sold at collector prices.<\/li>\n<\/ul>\n<p>Compare <a href=\"\/au\/categories\/kangaroo-silver-coin\/\">Kangaroo silver coin prices<\/a> and learn <a href=\"\/au\/how-to-spot-fake-coins\/silver-kangaroo\/\">how to spot a fake Silver Kangaroo<\/a>.<\/p>\n<h3>2. Australian Silver Kookaburra<\/h3>\n<p>The Kookaburra series began in 1990 and features a new kookaburra design each year. According to <a href=\"https:\/\/www.perthmint.com\/shop\/bullion\/bullion-coins\/australian-kookaburra-2026-1oz-silver-bullion-coin\/\" rel=\"noopener\" target=\"_blank\">The Perth Mint<\/a>, the 2026 1 oz coin is 99.99% silver, has an A$1 face value and a maximum mintage of 500,000. It includes a micro-laser engraved letter as an authentication feature.<\/p>\n<ul>\n<li><strong>Why buy it:<\/strong> one of the longest-running silver bullion series, popular with buyers who like annual designs.<\/li>\n<li><strong>Watch out for:<\/strong> early years can trade at collector prices, which you should not pay for bullion.<\/li>\n<\/ul>\n<h3>3. Australian Silver Koala<\/h3>\n<p>The Koala shows a new koala design every year. The 2026 1 oz coin is 99.99% silver, A$1 face value, with a maximum mintage of 300,000, according to The Perth Mint. It is a good choice if you want variety within Perth Mint coins.<\/p>\n<h3>4. Australian Lunar Series III (Silver)<\/h3>\n<p>The Lunar series celebrates the animals of the Chinese zodiac. The 2026 Year of the Horse 1 oz silver coin is 99.99% silver with a maximum mintage of 300,000. Lunar coins are popular in Australia and Asia and often carry a slightly higher premium than the Kangaroo, especially in the release year.<\/p>\n<p>See <a href=\"\/au\/categories\/lunar-series-iii-silver-coin\/\">Lunar Series III silver coin prices<\/a>.<\/p>\n<h3>5. Canadian Silver Maple Leaf<\/h3>\n<p>Issued since 1988, the Silver Maple Leaf is 99.99% silver with a C$5 face value. In 2014, the Royal Canadian Mint added radial lines and a micro-engraved maple leaf containing the year of issue, visible under magnification.<\/p>\n<ul>\n<li><strong>Why buy it:<\/strong> high purity, strong security features and global recognition.<\/li>\n<li><strong>Watch out for:<\/strong> &#8220;milk spots&#8221;, white marks that can appear on silver coins and lower their appeal to some buyers.<\/li>\n<\/ul>\n<p>Compare <a href=\"\/au\/categories\/maple-leaf-silver-coin\/\">Maple Leaf silver coin prices<\/a>.<\/p>\n<h3>6. British Silver Britannia<\/h3>\n<p>The Silver Britannia has been struck in 99.9% silver since 2013 (earlier coins were 95.8% Britannia silver, below the ATO&#8217;s 99.9% line). Since 2021 it includes four security features, among them a latent image where the trident changes to a padlock and micro-text around the design.<\/p>\n<p>Compare <a href=\"\/au\/categories\/britannia-silver-coin\/\">Britannia silver coin prices<\/a>.<\/p>\n<h3>7. Austrian Silver Philharmonic<\/h3>\n<p>The Silver Philharmonic was introduced in 2008 with a face value of \u20ac1.50 and is struck in 99.9% silver. Its design stays the same each year, which some investors prefer because it keeps the focus on the metal.<\/p>\n<h3>8. South African Silver Krugerrand<\/h3>\n<p>The Rand Refinery first minted silver Krugerrands in 2017 to mark the 50th anniversary of the gold coin. The 1 oz bullion coin is 99.9% silver and has been minted regularly since. In our data, it was one of the cheapest 1 oz silver coins.<\/p>\n<h3>9. American Silver Eagle<\/h3>\n<p>The Silver Eagle, issued since 1986, is the best-known silver coin in the United States. It is 99.9% silver with a US$1 face value. In Australia, though, it is an imported coin, and in our data it carried the highest premium of any silver coin we tracked.<\/p>\n<p>Learn <a href=\"\/au\/how-to-spot-fake-coins\/american-silver-eagle\/\">how to spot a fake American Silver Eagle<\/a>.<\/p>\n<figure class=\"mrf-photo\"><img src=\"https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/american-silver-eagle-obverse.webp\" alt=\"American Silver Eagle coin, obverse\" width=\"900\" height=\"900\" loading=\"lazy\" decoding=\"async\"><figcaption>The American Silver Eagle shows Walking Liberty on the obverse. Photo: public domain, via Wikimedia Commons.<\/figcaption><\/figure>\n<h3>10. Chinese Silver Panda<\/h3>\n<p>The Silver Panda has been issued since 1983 with a new design each year. Since 2016 it weighs 30 g instead of one troy ounce, so compare its price per gram with 1 oz coins rather than per coin.<\/p>\n<p>Read also: <a href=\"\/au\/blog\/what-are-the-best-gold-coins-to-buy\/\">What Are the Best Gold Coins to Buy in Australia?<\/a><\/p>\n<h2>What Do Silver Coins Cost Over Spot in Australia?<\/h2>\n<p>Silver coins carry much higher premiums than gold coins. Why? Minting, shipping and dealer handling cost a similar amount per coin, but one ounce of silver is worth far less than one ounce of gold. Here is the formula we use:<\/p>\n<p><strong>Premium % = (dealer price \u2212 spot value of the silver) \/ spot value \u00d7 100<\/strong><\/p>\n<p>Supply of coins can tighten even when there is plenty of metal. During the surge in January 2026, The Perth Mint explained:<\/p>\n<blockquote>\n<p>\u201c[\u2026] we can assure you there is no shortage of silver, it just isn\u2019t in the specific forms being requested by our customers which is putting pressure on manufacturing operations.\u201d<\/p>\n<p><cite>Sawan Tanna, Chief Commercial Officer, The Perth Mint, message \u201cNo silver shortage: we\u2019re working hard to meet demand\u201d, January 2026<\/cite><\/p><\/blockquote>\n<p>The table below shows listed prices at Australian dealers in our database on 3 October 2026, compared with the silver spot close of A$87.19 per troy ounce on 2 October 2026. Our Australian data is still limited, so treat this as a snapshot, not an average.<\/p>\n<figure class=\"mrf-table\">\n<table>\n<thead>\n<tr>\n<th>Product<\/th>\n<th>Dealer<\/th>\n<th>Listed price<\/th>\n<th>Spot value<\/th>\n<th>Premium<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>ABC Bullion cast bar 1 kg<\/td>\n<td>Australian Bullion Company<\/td>\n<td>A$3,135.00<\/td>\n<td>A$2,803.22<\/td>\n<td>11.8%<\/td>\n<\/tr>\n<tr>\n<td>Silver Maple Leaf 1 oz<\/td>\n<td>Australian Bullion Company<\/td>\n<td>A$100.70<\/td>\n<td>A$87.19<\/td>\n<td>15.5%<\/td>\n<\/tr>\n<tr>\n<td>Silver Krugerrand 1 oz<\/td>\n<td>Australian Bullion Company<\/td>\n<td>A$100.70<\/td>\n<td>A$87.19<\/td>\n<td>15.5%<\/td>\n<\/tr>\n<tr>\n<td>Silver Britannia 1 oz<\/td>\n<td>Australian Bullion Company<\/td>\n<td>A$108.80<\/td>\n<td>A$87.19<\/td>\n<td>24.8%<\/td>\n<\/tr>\n<tr>\n<td>American Silver Eagle 1 oz<\/td>\n<td>KJC Bullion<\/td>\n<td>A$118.02<\/td>\n<td>A$87.19<\/td>\n<td>35.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption>Source: metalsradar price service, dealer listings checked 3 October 2026; spot in AUD at the 2 October 2026 close. Premiums are our calculation, without postage (KJC Bullion listed A$40 postage per order).<\/figcaption><\/figure>\n<figure class=\"mrf-chart\">\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 720 260\" role=\"img\" aria-labelledby=\"sc2\" style=\"width:100%;height:auto;font-family:inherit\">\n<title id=\"sc2\">Premium over spot for silver coins and a 1 kg silver bar at Australian dealers, 3 October 2026<\/title>\n<text x=\"220\" y=\"33\" text-anchor=\"end\" font-size=\"13\" fill=\"#243044\">1 kg ABC Bullion cast bar<\/text><rect x=\"230\" y=\"19\" width=\"134.4\" height=\"20\" rx=\"3\" fill=\"#243044\"\/><text x=\"372.4\" y=\"34\" font-size=\"13\" font-weight=\"600\" fill=\"#243044\">11.8%<\/text>\n<text x=\"220\" y=\"75\" text-anchor=\"end\" font-size=\"13\" fill=\"#243044\">Maple Leaf 1 oz<\/text><rect x=\"230\" y=\"61\" width=\"176.5\" height=\"20\" rx=\"3\" fill=\"#8a94a6\"\/><text x=\"414.5\" y=\"76\" font-size=\"13\" font-weight=\"600\" fill=\"#243044\">15.5%<\/text>\n<text x=\"220\" y=\"117\" text-anchor=\"end\" font-size=\"13\" fill=\"#243044\">Krugerrand 1 oz<\/text><rect x=\"230\" y=\"103\" width=\"176.5\" height=\"20\" rx=\"3\" fill=\"#8a94a6\"\/><text x=\"414.5\" y=\"118\" font-size=\"13\" font-weight=\"600\" fill=\"#243044\">15.5%<\/text>\n<text x=\"220\" y=\"159\" text-anchor=\"end\" font-size=\"13\" fill=\"#243044\">Britannia 1 oz<\/text><rect x=\"230\" y=\"145\" width=\"282.4\" height=\"20\" rx=\"3\" fill=\"#8a94a6\"\/><text x=\"520.4\" y=\"160\" font-size=\"13\" font-weight=\"600\" fill=\"#243044\">24.8%<\/text>\n<text x=\"220\" y=\"201\" text-anchor=\"end\" font-size=\"13\" fill=\"#243044\">American Eagle 1 oz<\/text><rect x=\"230\" y=\"187\" width=\"403.2\" height=\"20\" rx=\"3\" fill=\"#8a94a6\"\/><text x=\"641.2\" y=\"202\" font-size=\"13\" font-weight=\"600\" fill=\"#243044\">35.4%<\/text>\n<rect x=\"230\" y=\"234\" width=\"12\" height=\"12\" rx=\"2\" fill=\"#8a94a6\"\/><text x=\"248\" y=\"245\" font-size=\"12\" fill=\"#243044\">Coins<\/text><rect x=\"310\" y=\"234\" width=\"12\" height=\"12\" rx=\"2\" fill=\"#243044\"\/><text x=\"328\" y=\"245\" font-size=\"12\" fill=\"#243044\">Bar<\/text>\n<\/svg><figcaption>Premium over spot for silver products at Australian dealers (Australian Bullion Company, KJC Bullion), listings checked 3 October 2026, without postage. Source: metalsradar price service.<\/figcaption><\/figure>\n<p>What do these numbers mean in practice?<\/p>\n<ul>\n<li><strong>Postage can double the pain:<\/strong> A$40 postage on a single A$118 Silver Eagle adds about 46 percentage points to its premium. Buy silver in larger orders.<\/li>\n<li><strong>Bars can beat coins:<\/strong> the 1 kg bar cost less over spot than any 1 oz coin we tracked.<\/li>\n<li><strong>Coins from the same dealer differ:<\/strong> the Britannia cost 9.3 points more than the Maple Leaf on the same day.<\/li>\n<\/ul>\n<p>Thinking about bars instead? Compare <a href=\"\/au\/categories\/1-kilo-silver-bars\/\">1 kg silver bars<\/a> and other <a href=\"\/au\/categories\/silver-bars\/\">silver bars<\/a>.<\/p>\n<h2>Silver Price: The Past Year in AUD<\/h2>\n<p>Before you buy, it helps to know how much silver can move. Over the 12 months to 2 October 2026, silver rose from A$71.26 to A$87.19 per ounce, a gain of 22.4%. On the way, it more than doubled to A$165.70 on 29 January 2026 and then lost more than half its value by mid-July.<\/p>\n<figure class=\"mrf-chart\">\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 720 380\" role=\"img\" aria-labelledby=\"sc1\" style=\"width:100%;height:auto;font-family:inherit\">\n<title id=\"sc1\">Silver spot price in Australian dollars per troy ounce, 2 October 2025 to 2 October 2026<\/title>\n<line x1=\"70\" y1=\"300.1\" x2=\"696\" y2=\"300.1\" stroke=\"#d9dee7\" stroke-width=\"1\"\/><text x=\"62\" y=\"304.1\" text-anchor=\"end\" font-size=\"12\" fill=\"#243044\">75<\/text>\n<line x1=\"70\" y1=\"233.9\" x2=\"696\" y2=\"233.9\" stroke=\"#d9dee7\" stroke-width=\"1\"\/><text x=\"62\" y=\"237.9\" text-anchor=\"end\" font-size=\"12\" fill=\"#243044\">100<\/text>\n<line x1=\"70\" y1=\"167.7\" x2=\"696\" y2=\"167.7\" stroke=\"#d9dee7\" stroke-width=\"1\"\/><text x=\"62\" y=\"171.7\" text-anchor=\"end\" font-size=\"12\" fill=\"#243044\">125<\/text>\n<line x1=\"70\" y1=\"101.6\" x2=\"696\" y2=\"101.6\" stroke=\"#d9dee7\" stroke-width=\"1\"\/><text x=\"62\" y=\"105.6\" text-anchor=\"end\" font-size=\"12\" fill=\"#243044\">150<\/text>\n<text x=\"70.0\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Oct 25<\/text>\n<text x=\"172.9\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Dec 25<\/text>\n<text x=\"279.2\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Feb 26<\/text>\n<text x=\"380.4\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Apr 26<\/text>\n<text x=\"485.0\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Jun 26<\/text>\n<text x=\"589.7\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Aug 26<\/text>\n<text x=\"694.3\" y=\"350\" text-anchor=\"middle\" font-size=\"12\" fill=\"#243044\">Oct 26<\/text>\n<polyline fill=\"none\" stroke=\"#8a94a6\" stroke-width=\"2.5\" points=\"70.0,310.0 71.7,308.0 73.4,306.2 75.1,306.1 76.9,303.8 78.6,305.0 80.3,301.5 82.0,300.0 83.7,296.5 85.4,296.7 87.2,296.7 88.9,288.9 90.6,285.6 92.3,284.8 94.0,281.1 95.7,281.0 97.4,285.6 99.2,285.6 100.9,285.9 102.6,294.3 104.3,300.9 106.0,299.5 107.7,300.8 109.4,300.4 111.2,300.4 112.9,306.7 114.6,309.7 116.3,306.5 118.0,304.0 119.7,300.7 121.5,301.5 123.2,301.5 124.9,302.1 126.6,304.2 128.3,303.2 130.0,302.4 131.7,300.7 133.5,301.2 135.2,301.2 136.9,296.7 138.6,292.2 140.3,287.1 142.0,283.6 143.7,287.7 145.5,293.2 147.2,293.2 148.9,292.5 150.6,293.5 152.3,288.7 154.0,290.3 155.8,293.6 157.5,292.7 159.2,292.7 160.9,291.5 162.6,288.1 164.3,284.8 166.0,282.4 167.8,276.5 169.5,269.6 171.2,269.6 172.9,265.8 174.6,265.7 176.3,263.6 178.0,268.4 179.8,266.5 181.5,265.5 183.2,265.5 184.9,266.3 186.6,262.9 188.3,255.2 190.1,248.9 191.8,247.8 193.5,252.6 195.2,252.6 196.9,246.0 198.6,245.7 200.3,234.8 202.1,234.2 203.8,233.3 205.5,229.4 207.2,229.3 208.9,224.1 210.6,221.2 212.4,213.9 214.1,213.8 215.8,199.0 217.5,184.6 219.2,184.1 220.9,202.2 222.6,201.2 224.4,212.3 226.1,214.7 227.8,209.0 229.5,210.6 231.2,210.5 232.9,197.4 234.6,184.4 236.4,187.8 238.1,196.3 239.8,188.3 241.5,181.8 243.2,181.6 244.9,165.2 246.7,157.4 248.4,138.5 250.1,140.3 251.8,142.2 253.5,142.0 255.2,141.9 256.9,128.0 258.7,126.7 260.4,129.6 262.1,131.1 263.8,112.0 265.5,98.7 267.2,98.5 268.9,81.5 270.7,77.5 272.4,66.2 274.1,60.0 275.8,120.0 277.5,174.6 279.2,175.3 281.0,194.4 282.7,175.6 284.4,165.8 286.1,204.0 287.8,215.1 289.5,202.8 291.2,202.6 293.0,190.8 294.7,193.0 296.4,187.1 298.1,197.7 299.8,208.2 301.5,208.3 303.2,208.5 305.0,212.1 306.7,220.2 308.4,213.7 310.1,205.4 311.8,195.1 313.5,180.8 315.3,180.5 317.0,172.5 318.7,170.2 320.4,162.0 322.1,170.8 323.8,158.7 325.5,149.2 327.3,148.9 329.0,152.5 330.7,179.3 332.4,180.8 334.1,185.5 335.8,181.3 337.6,178.7 339.3,179.3 341.0,180.4 342.7,168.0 344.4,177.3 346.1,181.2 347.8,187.6 349.6,195.0 351.3,195.2 353.0,196.1 354.7,198.1 356.4,208.2 358.1,226.4 359.8,231.8 361.6,244.1 363.3,243.9 365.0,242.0 366.7,235.3 368.4,222.0 370.1,234.3 371.9,232.0 373.6,230.3 375.3,230.7 377.0,226.7 378.7,215.2 380.4,212.3 382.1,220.6 383.9,218.3 385.6,218.4 387.3,218.7 389.0,219.6 390.7,221.8 392.4,212.8 394.1,216.8 395.9,213.7 397.6,213.5 399.3,214.3 401.0,217.9 402.7,207.4 404.4,204.0 406.2,205.1 407.9,202.4 409.6,200.2 411.3,200.6 413.0,202.8 414.7,209.1 416.4,210.3 418.2,217.0 419.9,217.9 421.6,217.3 423.3,217.5 425.0,219.7 426.7,227.0 428.4,230.1 430.2,226.5 431.9,221.0 433.6,218.4 435.3,218.3 437.0,226.0 438.7,227.4 440.5,219.1 442.2,208.9 443.9,204.4 445.6,204.2 447.3,204.3 449.0,194.7 450.7,185.2 452.5,179.1 454.2,185.0 455.9,209.0 457.6,217.2 459.3,217.0 461.0,215.6 462.8,217.8 464.5,218.3 466.2,217.0 467.9,216.3 469.6,218.0 471.3,217.2 473.0,210.3 474.8,215.4 476.5,219.1 478.2,222.4 479.9,218.5 481.6,219.6 483.3,219.7 485.0,220.7 486.8,219.1 488.5,224.7 490.2,225.7 491.9,235.2 493.6,246.3 495.3,246.4 497.1,243.2 498.8,246.5 500.5,255.8 502.2,253.2 503.9,245.2 505.6,242.4 507.3,241.8 509.1,234.6 510.8,235.8 512.5,236.9 514.2,243.7 515.9,254.2 517.6,253.6 519.3,253.7 521.1,249.1 522.8,260.4 524.5,269.2 526.2,277.2 527.9,274.8 529.6,271.0 531.4,271.4 533.1,274.3 534.8,272.5 536.5,272.5 538.2,266.7 539.9,260.4 541.6,260.2 543.4,260.0 545.1,261.4 546.8,266.1 548.5,272.1 550.2,271.8 551.9,269.9 553.6,269.8 555.4,270.2 557.1,276.5 558.8,275.9 560.5,278.0 562.2,284.7 563.9,286.9 565.7,285.7 567.4,285.8 569.1,283.7 570.8,277.7 572.5,272.4 574.2,276.9 575.9,278.1 577.7,277.8 579.4,277.4 581.1,275.2 582.8,280.7 584.5,278.4 586.2,276.7 588.0,280.2 589.7,281.8 591.4,281.6 593.1,279.3 594.8,275.0 596.5,266.9 598.2,266.1 600.0,259.9 601.7,259.0 603.4,258.9 605.1,256.7 606.8,254.0 608.5,252.1 610.2,254.4 612.0,256.3 613.7,256.0 615.4,255.9 617.1,253.7 618.8,257.4 620.5,256.8 622.3,247.8 624.0,242.4 625.7,243.2 627.4,243.1 629.1,243.2 630.8,244.8 632.5,245.4 634.3,244.3 636.0,245.6 637.7,253.9 639.4,253.9 641.1,252.1 642.8,256.3 644.5,258.6 646.3,253.7 648.0,253.9 649.7,254.7 651.4,254.8 653.1,256.2 654.8,255.0 656.6,253.2 658.3,257.4 660.0,261.4 661.7,260.0 663.4,260.1 665.1,262.7 666.8,262.8 668.6,260.1 670.3,257.6 672.0,251.4 673.7,252.1 675.4,252.1 677.1,252.3 678.8,252.1 680.6,254.1 682.3,257.9 684.0,256.5 685.7,256.1 687.4,256.2 689.1,266.3 690.9,267.4 692.6,267.5 694.3,264.7 696.0,267.8\"\/>\n<rect x=\"70\" y=\"12\" width=\"14\" height=\"4\" fill=\"#8a94a6\"\/><text x=\"90\" y=\"19\" font-size=\"12\" fill=\"#243044\">Silver, A$ per troy ounce<\/text>\n<\/svg><figcaption>Silver spot price in AUD per troy ounce, daily close. Source: metalsradar price service, 2 October 2025 to 2 October 2026.<\/figcaption><\/figure>\n<p>Can you handle a 50% fall without selling? If not, keep silver to a size you are comfortable with. Follow the latest price on our <a href=\"\/au\/charts\/silver-price\/\">silver price chart<\/a> or the <a href=\"\/au\/charts\/silver-price\/silver-price-per-gram\/\">silver price per gram<\/a>.<\/p>\n<p>Read also: <a href=\"\/au\/blog\/gold-vs-silver-investments\/\">Gold vs Silver Investments: Which Is Better for Australians?<\/a><\/p>\n<h2>GST and Tax on Silver Coins in Australia<\/h2>\n<h3>GST: the 99.9% rule<\/h3>\n<p>Under the ATO&#8217;s ruling <a href=\"https:\/\/www.ato.gov.au\/law\/view\/document?docid=GST\/GSTR200310\/NAT\/ATO\/00001\" rel=\"noopener\" target=\"_blank\">GSTR 2003\/10<\/a>, precious metal includes silver of at least 99.9% fineness in an investment form. A dealer&#8217;s sale of precious metal to you is input taxed, so no GST is added.<\/p>\n<ul>\n<li>all the coins in our specification table meet the 99.9% test,<\/li>\n<li>Silver Britannias made before 2013 (95.8%) do not,<\/li>\n<li>sterling silver (92.5%), silverware and jewellery do not.<\/li>\n<\/ul>\n<h3>Capital gains tax<\/h3>\n<p>Gains on silver bullion are generally subject to capital gains tax. Individuals who hold for at least 12 months can currently claim the 50% CGT discount, but the government announced in the 2026-27 Budget that it intends to replace it from 1 July 2027. Keep your invoices, and check the ATO&#8217;s rules when you sell.<\/p>\n<h2>Storing Silver Coins<\/h2>\n<p>Silver tarnishes, and it takes up far more space than gold for the same value. A few simple habits protect your coins:<\/p>\n<ul>\n<li>keep coins in their original tubes or capsules,<\/li>\n<li>store them somewhere dry, away from rubber bands and some papers that speed up tarnish,<\/li>\n<li>handle coins by the edges, ideally with gloves,<\/li>\n<li>never clean or polish a bullion coin.<\/li>\n<\/ul>\n<figure class=\"mrf-photo\"><img src=\"https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up.webp\" alt=\"Close-up of a tarnished silver coin\" width=\"1000\" height=\"668\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-20554\" srcset=\"https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up.webp 1000w, https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up-300x200.webp 300w, https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up-768x513.webp 768w, https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up-240x160.webp 240w, https:\/\/metalsradar.com\/wp-content\/uploads\/2026\/10\/tarnished-silver-coin-close-up-600x401.webp 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption>Silver can tone or tarnish when stored in humid air or near rubber and some papers. Photo: Depositphotos.<\/figcaption><\/figure>\n<p>Read also: <a href=\"\/au\/blog\/what-is-the-proper-way-to-store-gold-top-tips-for-safe-keeping\/\">What Is the Proper Way to Store Gold? Top Tips for Safe Keeping<\/a><\/p>\n<h2>Which Silver Coin Should You Choose?<\/h2>\n<h3>Choose Perth Mint coins (Kangaroo, Kookaburra, Koala) if:<\/h3>\n<ul>\n<li>you want locally made, 99.99% coins that every Australian dealer knows,<\/li>\n<li>you prefer lower postage and no import costs.<\/li>\n<\/ul>\n<h3>Choose the Lunar series if:<\/h3>\n<ul>\n<li>you like zodiac designs and accept a slightly higher premium.<\/li>\n<\/ul>\n<h3>Choose a Maple Leaf or Krugerrand if:<\/h3>\n<ul>\n<li>you find them at a low premium, as we did on 3 October 2026 (15.5%).<\/li>\n<\/ul>\n<h3>Consider a bar instead if:<\/h3>\n<ul>\n<li>you are buying several kilograms and want the lowest cost per ounce,<\/li>\n<li>you do not need to sell in small parts.<\/li>\n<\/ul>\n<h2>Common Mistakes When Buying Silver Coins<\/h2>\n<ol>\n<li><strong>Buying single coins online.<\/strong> Postage can add more than the premium itself.<\/li>\n<li><strong>Paying collector prices for bullion.<\/strong> Proof, coloured and early-year coins cost much more than the silver.<\/li>\n<li><strong>Assuming famous means cheap.<\/strong> The Silver Eagle was the most expensive coin in our snapshot.<\/li>\n<li><strong>Buying low-purity silver.<\/strong> Below 99.9%, the coin is not GST-free precious metal.<\/li>\n<li><strong>Ignoring storage.<\/strong> A$10,000 of silver weighed about 3.6 kg at the 2 October 2026 spot price.<\/li>\n<\/ol>\n<h2>Summary: Best Silver Coins to Buy in Australia<\/h2>\n<figure class=\"mrf-table\">\n<table>\n<thead>\n<tr>\n<th>Goal<\/th>\n<th>Best fit<\/th>\n<th>Why<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Local, widely stocked coin<\/td>\n<td>Kangaroo, Kookaburra, Koala<\/td>\n<td>99.99% silver, Perth Mint, A$1 legal tender<\/td>\n<\/tr>\n<tr>\n<td>Lowest coin premium in our snapshot<\/td>\n<td>Maple Leaf, Krugerrand<\/td>\n<td>15.5% over spot<\/td>\n<\/tr>\n<tr>\n<td>Lowest cost per ounce<\/td>\n<td>1 kg bar<\/td>\n<td>11.8% over spot<\/td>\n<\/tr>\n<tr>\n<td>Design variety<\/td>\n<td>Lunar Series III, Koala<\/td>\n<td>New design each year, limited mintage<\/td>\n<\/tr>\n<tr>\n<td>GST-free<\/td>\n<td>Any 99.9%+ coin<\/td>\n<td>ATO precious metal test<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption>Based on the data in this article: metalsradar price service (3 October 2026), The Perth Mint, ATO.<\/figcaption><\/figure>\n<h2>FAQ: Best Silver Coins to Buy<\/h2>\n<h3>What is the best silver coin to buy in Australia?<\/h3>\n<p>For most Australian investors, a 1 oz Perth Mint coin such as the Kangaroo or Kookaburra is a sensible choice. They are 99.99% silver, GST-free and easy to sell locally.<\/p>\n<h3>Is there GST on silver coins in Australia?<\/h3>\n<p>No GST is added to silver of at least 99.9% fineness in investment form. Coins below that purity, such as pre-2013 Britannias or sterling silver items, do not meet the ATO&#8217;s test.<\/p>\n<h3>Why do silver coins cost so much more than spot?<\/h3>\n<p>Minting, shipping and dealer costs per coin are similar to gold, but the silver inside is worth much less. In our snapshot, 1 oz silver coins cost 15.5% to 35.4% over spot.<\/p>\n<h3>Is it better to buy silver coins or silver bars?<\/h3>\n<p>Bars usually cost less per ounce, as the 1 kg bar at 11.8% showed. Coins are easier to sell in small amounts and carry government guarantees.<\/p>\n<h3>Is it worth buying silver coins in Australia?<\/h3>\n<p>It can be if you accept high volatility and premiums. Silver rose 22.4% in AUD over the year to 2 October 2026, but it also fell more than 50% from its January peak.<\/p>\n<h3>Which Australian coins are made of silver?<\/h3>\n<p>The Perth Mint&#8217;s bullion range includes 99.99% silver Kangaroo, Kookaburra, Koala and Lunar coins. Older circulating coins, such as pre-decimal florins and shillings and the 1966 round 50 cent coin (80% silver), contain silver but fall below the 99.9% investment standard.<\/p>\n<h3>What is the silver price per ounce in Australia?<\/h3>\n<p>On 2 October 2026, the silver spot price was A$87.19 per troy ounce, or about A$2.80 per gram. Dealers charge a premium on top of this.<\/p>\n<h2>Compare Silver Coin Prices Before You Buy<\/h2>\n<p>With silver, the premium and postage often matter more than which coin you pick. metalsradar compares prices from Australian bullion dealers and shows the premium over spot for every offer, so you can find the cheapest ounce before you pay.<\/p>\n<p>Check live prices for <a href=\"\/au\/categories\/silver-investment\/\">investment silver<\/a>, follow the <a href=\"\/au\/charts\/gold-silver-ratio\/\">gold\/silver ratio<\/a>, or browse our list of <a href=\"\/au\/dealers\/\">Australian dealers<\/a>.<\/p>\n<p class=\"mrf-disclaimer\"><em>This article is for informational purposes only and is not investment or tax advice.<\/em><\/p>\n","protected":false},"featured_media":7724,"template":"","format":"standard","meta":{"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0},"class_list":["post-7891","blog","type-blog","status-publish","format-standard","has-post-thumbnail","hentry"],"taxonomy_info":[],"featured_image_src_large":["https:\/\/metalsradar.com\/wp-content\/uploads\/2024\/12\/Grafiki-do-Whitepress-49-1024x576.jpg",1024,576,true],"author_info":[],"comment_info":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/blog\/7891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/blog"}],"about":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/types\/blog"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/media\/7724"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/media?parent=7891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}