The first Australian Silver Kookaburra was released in 1990. Although it is Australia’s longest running silver bullion program, the 2018 Kookaburra is the first year in which the coin is 1 Troy ounce of 0.9999 silver. The face value is $1 Australian dollar.
The reverse features a flying Kookaburra designed by the Perth Mint. This design changes each year which adds to its collectability.
The obverse depicts Queen Elizabeth II’s profile designed in 1998 by Ian Rank-Broadley. All Australian coinage features the Queen’s likeness. It has only been updated four times to reflect her current age.
The Kookaburra is a member of the Kingfisher family and native to Australia. There are four species of Kookaburra including the laughing kookaburra which is known for its laugh-like call. The Laughing Kookaburra’s call is so distinctive that it is also called the “bushman’s clock”, cackling at dawn and dusk.
The Australian Kookaburra is struck by the Perth Mint. Founded June 20, 1899 as part of the British Royal Mint, the Perth Mint became state-owned by the Government of Western Australia in 1970. The Perth Mint is the oldest operating mint in Australia and independent of the federal government’s Royal Australian Mint. Although separate from the Royal Australian Mint, coins from Perth Mint have legal tender status under the Currency Act of 1965.
While coins are in BU (Brilliant Uncirculated) condition, minor flaws such as scuff marks from transporting, breaks in luster, or strike marks from the minting process may be visible. A rating of “brilliant uncirculated” does not mean “rare” but rather the coins are in excellent condition and have had minimal handling. BU coins have not been publicly circulated. “Uncirculated” and “Mint State (MS)” are other terms which may be used in place of “BU”. Under the Sheldon grading system, a BU coin would be anything above a MS60.
Buy your 2018 1 oz Australian Silver Kookaburra Coin(s) today from Camex Metals. Free shipping on all orders over $99.