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"The words "silver" and "sterling silver" describe a product that contains 92.5% pure silver. Silver products sometimes may be marked 925, which means that 925 parts per thousand are pure silver. Some jewelry described as "silver plate" has a layer of silver applied to a base metal. "Coin silver" is used for compounds that contain 90% pure silver.
There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver. [2] With the rupee having been valued to 1s 6d [3] and weighing 180 grains as a 916.66 fine silver coin, [4] the anna was equivalent to 9/8 d (one penny and half a farthing). Hence the 2 anna silver coins were of low weight (22.5 grains = 1.46 g).
This decision was made based on the success of gold coins issued a year earlier. The minting of the coin began in September 1988 in Perth. For marketing purposes, 2 ounce, 10 ounce and 1 kilogram coins of silver, gold and platinum were introduced in 1991; the 1 kg coins were the world's heaviest bullion coins at the time.
Mintages for Archangel Michael coins [2]; Year Silver Gold 1 oz 1 ⁄ 10 oz 1 ⁄ 4 oz 1 ⁄ 2 oz 1 oz 2011 10,000 - 3,000 - 1,500 2012 20,000 8,000 3,500 3,700 5,900 2013 24,500
No proof coins were minted between 2006-2011; however, there was a 1-ounce silver proof Kookaburra colored coin struck in 2012 for the Discover Australia coin series. [4] Since 2012, the proof coin has been struck in high relief only. Special editions such as privy marked, colored, and gilded are often available. [5]