Australian Silver Kookaburra

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The Silver Kookaburra is a silver bullion coin originating from Australia, and produced at the Perth Mint starting in 1990. The coins are .999 fine silver. While the obverse of the coin always depicts Queen Elizabeth II, the reverse side changes every year, always featuring a kookaburra, a bird native to Australia. Due to the yearly design change and limited production of the one ounce coins, they have higher collectible value than some other bullion coins. The Perth Mint generally ships the coins in individual plastic capsules. One-ounce coins ship in shrink wrap rolls of 20, with 5 rolls in each box of 100. Special editions such as proof, high relief, privy marked, colored, and gilded are often available. They are minted in the following four sizes:

Face Value Silver Weight Coin Weight Diameter Thickness
A$30 1 kilogram 1002.502g 101.00mm 14.60mm
A$10 10 Troy ounces 312.347g 75.50mm 8.70mm
A$2 2 Troy ounces 62.770g 53.30mm 4.50mm
A$1 1 Troy ounce 31.135g 40.60mm 4.00mm

To commemorate the 25th anniversary of the kookaburra coin, the 2015 coin will feature the same image of the kookaburra as the original 1990 coin. To differentiate the 1990 and 2015 coins the date on the reverse reads 1990-2015 and 2015 has been added to the obverse. The 2015 coin has a release date of September 1, 2014.[1]

One Ounce Silver Kookaburra Minting History[edit]

The maximum mintage of the one ounce coin is capped while the others have unlimited mintage based on demand. The 2013 mintage was to be expanded to one million, but this was later backed down to 500,000, saying future years would continue to be limited to 500,000.[2] In addition to the yearly design change, there is also a design change between the bullion and proof versions of the coin each year. No proof coins were minted between 2006-2011; however, there was a 1 ounce silver proof Kookaburra colored coin struck in 2011 for the Discover Australia coin series. Since 2012, the proof coin has been struck in high relief only.

--> Bullion Coins Bullion Proof Coins Proof
Year Maximum Mintage[3] Declared Mintage[3] Maximum Mintage[4] Declared Mintage[4]
1990 300,000 300,000 35,000 21,671
1991 300,000 300,000 35,000 6,673
1992 300,000 219,694 35,000 6,766
1993 300,000 190,581 35,000 5,121
1994 300,000 174,561 2,500 2,500
1995 300,000 154,247 3,000 3,000
1996 300,000 170,105 3,500 3,500
1997 300,000 159,497 3,500 2,466
1998 300,000 103,119 2.500 2,114
1999 300,000 109,364 2,500 1,646
2000 300,000 104,169 3,000 2,583
2001 300,000 169,265 5,000 3,241
2002 300,000 91,604 5,000 1,733
2003 300,000 109,439 5,000 1,571
2004 300,000 84,455 5,000 1,446
2005 300,000 95,145 5,000 2,346
2006 300,000 87,044 - -
2007 300,000 213,436 - -
2008 300,000 300,000 - -
2009 300,000 300,000 - -
2010 300,000 300,000 - -
2011 500,000 500,000 - -
2012 500,000 500,000 10,000 10,000 High Relief
2013 500,000 500,000 10,000 (9,000 limit) 5,378 High Relief
2014 500,000 500,000 10,000 (9,000 limit) 2,550 High Relief

Other Perth Mint Silver Bullion Issues[edit]

With the success of the Perth Mint's Kookaburra program, more coin series have been issued. In 1996, the mint began the Lunar Series gold coins based on the Chinese zodiac (silver lunar coins started in 1999), with a different animal for each year, and mintage for the 1 ounce silver coin limited to 300,000. This series ran through the entire 12 year cycle and the Lunar Series II in both gold and silver began in 2008. The silver Koala series began in 2007, with unlimited mintage, the highest mintage of 910,480 1 ounce coins occurring in 2011, and the most recent complete year mintage of 334,884 in 2014. [3] In May 2014, the Saltwater Crocodile was introduced with mintage somewhat limited at 1,000,000 and issued without the protective plastic capsule of the other coins. [5] A 1/2 ounce coin, the Great White Shark, was introduced in April 2014, with mintage limited to 300,000. In March 2015, Perth Mint introduced the Funnel Web Spider 1 ounce coin as a sequel to the previous year's Saltwater Crocodile. [6] The 2015 1/2 ounce coin is the Hammerhead Shark.

References[edit]

  1. ^ "Unveiled - The 2015 Australian Bullion Coin Program". Perth Mint Bullion Blog. 13 August 2014. Retrieved 13 August 2013. 
  2. ^ Currie, Ron (30 April 2013). "1oz Australian Kookaburra Mintage Declared At 500,000". Perth Mint Bullion Blog. Retrieved 16 May 2014. ...the mintage of this year’s release has been declared at 500,000. For consistency going forward, ... the maximum mintage of 500,000 will be applied to all future 1oz Kookaburra releases. 
  3. ^ a b c "Bullion Mintages - The Perth Mint". perthmint.com.au. Retrieved 16 March 2015. 
  4. ^ a b Design, Vivid. "Numismatic Mintages | The Perth Mint". www.perthmint.com.au. Retrieved 2015-05-30. 
  5. ^ Unser, Darrin Lee (14 May 2014). "Perth Mint's Australian Saltwater Crocodile Silver Bullion Coin Debuts". Coin News. Retrieved 1 June 2014. 
  6. ^ Woodgate, Mike (14 March 2015). "Saltwater Crocodile Bullion Coin Sequel Is the Funnel Web Spider From Perth Mint". AgAu News. Retrieved 16 March 2015.