What kinds of Australian silver coins do we buy?
Australia has a long and varied history of silver coinage. While many coins are now issued for the investment market, older coins still in circulation decades ago also contain significant amounts of silver. At Gold Traders, we purchase both categories:
Modern Australian Bullion Coins
Produced by the Perth Mint and Royal Australian Mint, these are typically struck in .999 or .9999 fine silver. Popular examples include:
- Australian Silver Kangaroos – Introduced in 2015, these are .9999 fine and often sold in tubes or monster boxes.
- Koalas and Kookaburras – Long-standing series with annually changing designs, available in various weights.
- Lunar Series (I, II, and III) – Zodiac-themed silver coins, often collected as sets.
- Wedge-Tailed Eagles, Emus, and other limited-edition bullion issues.
- High-relief and proof editions – often sold in presentation cases but valued primarily for silver content.
These coins usually carry a face value in AUD but are traded based on their silver weight, not denomination. We buy them all - from 1oz coins to 1kg and beyond.
Historic Australian Silver Coinage
Before decimalisation in 1966, Australia issued coins with substantial silver content:
- Pre-1946 coins – 92.5% sterling silver
- 1946–1963 coins – 50% silver content
Coins include Florins, Shillings, Sixpences & Threepences
Though no longer in circulation, these are often inherited or found in old collections. Their value is often based on silver content and weight - and yes, we accept mixed bags and unsorted batches.
How much are Australian silver coins worth?
The value of your coins depends on:
- Weight and purity - We'll confirm silver content using professional testing.
- Live silver price - Our rates are updated daily and clearly published.
- Coin type - Bullion coins like 1oz Kangaroos tend to command slightly higher premiums than mixed 50% coinage.
- Condition - It doesn't need to be perfect. Tarnish, wear, or age are fine; we buy based on metal content, not aesthetics.
Unlike many freepost services, our valuations are transparent. What we quote is what you get - no deductions, no vague estimates.
Why sell to Gold Traders?
You want the best price, a secure service, and fast payment. That's what we offer:
- Same-day payment once your coins are received and checked
- Transparent prices published online - no hidden deductions
- No freepost gimmicks - we don't provide prepaid envelopes because they often lead to lower payouts (here's why)
- Expert handling of international coins - Australian coins are welcome, no matter the weight or condition
- Visit in person or post securely - we operate from Royal Wootton Bassett and Bodmin, or by insured post
With thousands of satisfied customers and top ratings on Trustpilot, FreeIndex and Google, Gold Traders is a trusted UK name in precious metals.