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2024 1 oz Perth Kookaburra Silver Coin (BU)
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Welcome to Bold Precious Metals' ultimate guide for Australian Kookaburra silver coins. Celebrated worldwide for their superb designs, great purity, and intriguing mix of investment potential and collector appeal, these coins serve as a basis of the Perth Mint's famous Silver Animals Series. Every year, a new image of Australia's cherished Kookaburra bird adorns these coins, therefore making them a dynamic and greatly sought-after complement to any precious metals portfolio or bullion coins collection.
The Kookaburra, an incredible bird endemic and native to Australia, is far beyond an uncivilized animal; it is a national icon. With its unforgettable, throaty call that chillingly resembles human laughter, it has been endearingly nicknamed "Bushman's clock" as its call tends to announce dawn and dusk. A kingfisher perhaps, the Kookaburra is happier in damp forest and dry savannah environments than by the water's edge, and is even meat-eating, "swiping stakes off the 'barbie' and cackling" at times.
Its strong cultural connection with Australia is not to be underestimated. The Kookaburra was selected as one of Australia's three Sydney 2000 Summer Olympics mascots, and its call is often utilized as a stock sound effect for the Australian Outback in movies and television programs. That rich history and cultural connection are beautifully encapsulated on every silver kookaburra coin, and it is not merely metal and a piece of Australian history.
Each Australian Kookaburra silver coin is a demonstration of the unmatched technical expertise of the Perth Mint. Founded in 1899 as a British Royal Mint branch, the Perth Mint has a proud history of producing gold sovereigns and half-sovereigns. Today, it is a fully owned subsidiary of the Government of Western Australia, esteemed globally for striking some of the finest quality legal tender coinage.
Perth Mint's dedication to quality is evident in each coin it made. In 2000, the mint had purified over 4500 tons of gold, which represented over 3% of the entire quantity of gold ever purified by humans. Its track record of accuracy, innovation, and steadfast quality ensures that the silver kookaburra coin you purchase is the result of outstanding craftsmanship and metallurgical excellence.
The Australian Kookaburra coins series started its rich history in 1990. The Perth Mint launched this stunning silver coin under the Gold Kangaroo series to mark Australia's diverse and rich fauna. The series first started with a single 1 oz silver coin in 1990 and 1991. Due to its huge popularity, the series was later upgraded. In 1992, the Perth Mint released further weight denominations, such as the 1 Kilo, 10 oz, and 2 oz silver coins. Although the 2 oz Kookaburra silver coin was withdrawn in 2010, the 1 oz, 10 oz, and 1 Kilo denominations have been released annually since then, with their sovereign guarantee and utmost quality of silver.
One aspect of the Australian Kookaburra silver coins is that each year's reverse design is different; thus, a brand-new-looking coin is released every year. The series has continued to develop continuously both in terms of artistic creativity and technical advancement.
The reverse of each silver kookaburra always depicts the effigy of the current British monarch. This practice ties the series into general Commonwealth numismatic custom. Over time, these monarch images have been crafted by renowned sculptors:
The obverse of the coin has the Kookaburra bird in high relief, a different, fascinating design for each mint year. The designs show the bird standing and sitting in several poses, sometimes with a color change, to fit its personality and natural habitat. This annual singular design is one of the primary motivators for collectors. Some examples are:
Beyond the annual design changes, Australian Kookaburra silver coins share common specifications that have also seen subtle evolution over time:
Specification | Detail |
---|---|
Year of Production | Displayed on the reverse, typically below the bird. |
Mint Mark | "P" for Perth Mint, usually to the left of the Kookaburra on the reverse. Special "P125" for the 125th Anniversary. |
Fineness | .999 pure silver for coins produced before 2018;.9999 pure silver for coins produced after 2018. This upgrade reflects the Perth Mint's commitment to the highest standards of purity. |
Legal Tender | Official Australian legal tender currency, with face values ranging from 1 Dollar to 30 Dollars depending on weight. |
The investment appeal and collectibility of the Australian Kookaburra silver coins are complemented by their highly limited mintage, which is heavily capped. It is one of the few series that have had mintage limits on its lead coin, the 1 oz silver coin, in its entire existence.
The maximum annual mintage for the 1 oz coin was 300,000 from 1990 to 2010. The first two issues, 1990 and 1991, sold out immediately, indicating instant demand. Sellouts continued through the series of 2008 to 2010, which coincided with the Great Recession and precious metals flight. In 2011, the mintage limit on the 1 oz coin was raised to 500,000 silver kookaburra coins annually. All this increase notwithstanding, sellouts continued as far back as 2016 because of continued international demand for silver. Even though the mintage cap continues to remain at 500,000 per year, the 1 oz silver coin after 2016 never sold out and therefore provides a more consistent supply to investors and collectors today.
Australian Kookaburra silver coins are very much sought after by investors and collectors for specific purposes:
The Perth Mint occasionally releases special variations of the silver kookaburra that are even more limited and highly sought after:
The Kookaburra silver coins from the Perth Mint are available at BOLD at the lowest premiums in all weight categories, such as:
They are adorable and stunning pieces that will add value to any portfolio. Whether you are looking for a single coin purchase, a roll of 20, or a bulk purchase of a box of 100 coins, our exquisite collection of Kookaburra coins has the best deal ready!
As an authorized dealer for the Perth Mint, we are happy to offer these Kookaburra silver coins on the BOLD’s website with honor. The website is easy to navigate and features our transparent transactional system, which helps you make the purchase hassle-free.
Looking to sell your Kookaburra silver coin or other bullion? Our newest ‘ Sell to Us’ feature lets you sell bullion at the best market prices. Explore the new Sell to Us feature to learn more!