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2020 $1 Silver Kangaroo MS70 ANACS First Release Limited Edition 493

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Price: $99.00
Item Number: nk14618
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2020 $1 Silver Kangaroo MS70 – ANACS First Release – Limited Edition 493
 
The $1 Kangaroo is the official silver bullion coin of Australia. Unlike most world billion issues, the Kangaroo is issued with a mintmark (P) identifying the coins were struck at Perth Mint. The 2020 edition is struck from one-ounce of .9999 pure silver by the Perth Mint in Australia.
 
Date: 2020
Metal: Silver
Weight: 1 oz.
Purity: .9999
Diameter: 40.6
 
Condition Mint State 70 (MS70)
 
Coins are graded on a 70-point scale with “70” being absolute perfection. In 1948, Dr. William Sheldon, a renowned numismatist, developed the Sheldon Scale, assigning number grades from "1" through "70" to coins. The basis of Sheldon’s theory was that a "70" would be worth 70 times as much as a "1."
The numerical grades MS60 through MS70 are used to denote business strike coins that never have been in circulation. A Mint State coin can range from one that is poorly struck with many marks and hairlines (MS60), to a flawless, fully struck, lustrous example with superb eye appeal (MS70).
 
ANACS Certified label – First Release certified !!! Individually numbered coins !!!
 
A coin collector buys both the coin and the slab. In addition to buying the certification service’s reputation and a numeric grade, the coin buyer purchases the holder as a physical object. ANACS certified First Release individually numbered labels enhance and differentiate your coin from others in the same grade, serving a function beyond recording the coin’s authenticity and condition. The presentation and collectible value of these coins is enhanced by being identified as a coveted limited edition of just 493 coins.