Known for its ranges of semi-numismatic silver bullion coins more than anything else, the Perth Mint has been hugely successful with them, and every September when they’re first revealed is hugely anticipated. Despite a growing selection of limited run coins, the mint garners huge interest with its three long-running series, the Kookaburra, the Lunar Series, and the one we’re looking at here, the Koala.
First introduced in 2007, the Perth Mints Australian Koala is the youngest of the 0.999 silver bullion triumvirate. Like those other series, the Koala maintains a great collectible appeal because of the annually changing design, each coin simply depicting a Koala in a different pose every year. The series is boosted by a scattering of specials, such as gold, gilded silver, proof, high-relief and coloured versions. It was introduced as a one-ounce coin, but just one year later in 2008, expanded to a range of four sizes with the addition of one-kilo, 10oz and 1/2oz coins. The coins have the Perth Mints signature ‘reverse-proof’ look, although ther have been some changes with the bigger sizes that you can read about below.
In 2011 a 1/10oz coin was added to the mix which is generally sold on a card, too small to be viable bullion coin, and despite it’s non-proof finish, considered a collectors coin above all else. The coins were minted until the end of the relevant year. The mintage is then declared shortly after with no limits set prior to release. The last year these were available was 2015.
It’s probably fair to say that the Koala’s importance has waned in recent years, even though it remains very popular. Since 2016 only the one-ounce and one-kilo bullion variants have remained on sale, although the range of numismatics remains undiminished. Whereas the range has always been minted to order rather than having a prefixed cap, that changed in 2016 with the one-ounce coin mintage pre-set at 300,000. Given that sales had been higher than that in the previous five years, sometimes hugely so, it was an unexpected change, no doubt brought about by the introduction of the low-premium, unlimited mintage Kangaroo coin that year. In 2019 the obverse was changed to the lastest official Jody Clark version, albeit in uncouped form, as the couped varinat has been earmarked for official UK currency only.