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Investment coin

Sell a platinum Kangaroo

Australia, from 2018. The Perth Mint then issued its well-known bounding kangaroo in platinum for the first time: one troy ounce of 999.5 per coin.

Purity
999.5‰
Country
Australia
Platinum rate
€49.33/g
PLATINUM KANGAROO · we pay€1,503.61per coin +0.04%
Purchase price

What do we pay for a platinum Kangaroo?

Based on the platinum rate of this moment, €49.33 per gram of fine material. As of:

Purchase prices for platinum Kangaroo per variant
VariantFine platinumTotal weightWe pay
1 oz31.104 g—€1,503.61

This price applies regardless of the year and the mint. With a rare year or exceptional condition the collector’s value can be higher than the material value – then we say so, even if that means you are better off not selling us the coin.

How we arrive at this amount

A coin is precious metal in a recognisable shape. What it fetches therefore depends almost entirely on the fine weight: the weight of pure platinum it contains.

This coin is 999.5‰ pure, so the fine weight and the total weight are almost the same.

The Perth Mint’s newest platinum investment coin and, since 2018, the successor to the platinum Platypus.

Not sure whether your coin is genuine? We check weight, diameter, thickness and – if in doubt – the density with X-ray analysis. Non-destructive: your coin stays intact.

Also have a look at today’s platinum rate or all platinum prices.

The same kangaroo, a different metal

The Kangaroo has existed in gold and silver for years. In 2018 the Perth Mint added a platinum version, with the bounding red kangaroo against a background of sun rays. The design stays largely the same from year to year, which makes the coin recognisable and easy to trade.

How we settle the platinum Kangaroo

We pay on the fine weight: 31.1035 grams of platinum per coin, against the platinum rate at the moment of sale. Because the coin is struck at 999.5, there is hardly any other metal in it and practically the whole weight counts.

During the check the valuer pays extra attention to weight and dimensions. Platinum is denser than gold, so a forgery in a lighter metal fails on the scale straight away.

In four steps

How to sell your platinum Kangaroo

From walking in to being paid usually takes less than half an hour.

  1. Do not polish it

    With collector coins, cleaning can push the value down considerably. A natural patina belongs to them.

  2. Bring it in

    With or without an appointment, at one of our 45 locations. If the coin is in a holder, leave it in there.

  3. We assess two values

    The precious metal and what the coin itself does: year, mintage and condition. You get the higher of the two.

  4. Paid out straight away

    In cash or by bank transfer. Larger amounts reach your account within 24 hours.

Good to know

Questions about selling platinum Kangaroo

What is the difference from the gold Kangaroo?

Only the metal and the price. The design is related, but the platinum Kangaroo contains a troy ounce of platinum instead of gold and therefore follows the platinum rate. We settle each on its own fine weight against the rate of its own metal.

Is the platinum Kangaroo also made in smaller sizes?

As an investment coin the Perth Mint issues it as a full troy ounce, and that is what we buy. If you have a different size or a proof edition, bring it along: the valuer weighs every piece and pays on the platinum it contains.

Does the year affect the price?

Not the metal value: every year contains the same 31.1035 grams of platinum. Any collector’s value of a special issue is assessed by the valuer at the table, but we do not promise a premium in advance.

How am I paid?

In cash at the counter or by bank transfer within 24 hours. You accept the offer at the table and payment follows straight away; you never have to leave your coins behind.

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Your question

A question about platinum Kangaroo?

Ask it here. You will receive a personal reply by email, usually within one working day – no automated message and no phone call you did not ask for.

What others asked
  • An answer from a valuer, not from a template
  • We keep your question so that you need not repeat anything
  • No sales pitch afterwards

Sources

Where you can verify what you have just read.

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