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Australia's prestigious Perth Mint is known for iconic bullion coins like the Silver Kangaroo. The coin first appeared in 1993 as an alternative to the world-famous Gold Nugget Kangaroo and in response to the market demand for fine silver. Each Australian Silver Kangaroo is struck from 1oz of .9999 pure silver and, over the years, it has become a firm favourite with investors from around the globe. The reverse of each Kangaroo silver coin features the kangaroo, Australia's largest marsupial, alongside the mint's 'P' mintmark. The coin is legal tender backed by the Australian government and, as such, the obverse carries an image of HM Queen Elizabeth II. In 2018, the mint added a unique authentication detail in the form of a micro-engraved 'A' concealed within the third A in Australia.