Collectors prefer to call the Australian Kookaburra coins pieces of art. These aesthetically pleasing coins are certainly worthy of this description owing to the intricate design they carry of this beautiful bird. The obverse of the Australian Silver Kookaburras carries a profile of the Queen Elizabeth II.
Australian Kookaburra coins are legal tender under the Australian Currency Act 1965. These coins were first issued in 1990, minted at the Perth Mint. Each year only 300,000 of these coins are produced. The limited mintage means that there is great demand for these coins as soon as each year’s collection is released.
What is Special about Australian Silver Kookaburras?
Silver Kookaburras are major legal tender silver bullion coins that undergo design changes every year. This fact sets them apart from almost all other silver bullion coins minted today worldwide. Innovative design also gives these coins a special place among bullion products. The Australian Silver Kookaburras have a superior finish and proof- like frosting in the central design area. This not only enhances the appearance of the coin but also gives it a very unique and distinctive look when compared with other silver coins.
The varying designs also set each year’s Australian Silver Kookaburras apart from the rest and add to their uniqueness. From the perspective of a collector this gives these coins great value. Australian Silver Kookaburras are some of the most beautiful silver bullion coins you could ever purchase. This aesthetic appeal makes them an ideal choice if you want to invest in assets that can also be left to your family as heirlooms.
Silver Content and Coin Dimensions
This Perth Mint product is made with 0.999 fine silver. There are four different sizes you can choose from when you decide to buy Australian Kookaburra silver coins- 1oz, 2 oz, 10 oz and 1 kg. The one kilogram coin is one of the largest bullion coins minted in the world with government authorization. Since these coins are made from silver, even the larger sizes are not really that difficult to afford. Small investors can always buy the 10 oz or 2 oz pieces if the 1 kg pieces are beyond their reach.
Gilded Australian Silver Kookaburras
While all Silver Kookaburras are aesthetically pleasing, the gilded versions are particularly attractive. The Perth Mint uses a specialized selective gold plating technique that results in perfect finish for these gilded coins. This proprietary process is considered to be the most advanced in the world. Gilded coins come in a silver clamshell display case and a certificate of authenticity. The Gilded Silver Kookaburras produced during the years 2005 to 2008 are some of the most popular silver bullion products in the world today.
2012 Series Silver Kookaburras
The Perth Mint has decided to portray a Kookaburra sitting on a tree branch amid eucalyptus leaves in its 2012 series of this coinage. On the obverse the regular portrayal of Her Majesty will continue to appear. The 2012 series features coins in the 1 kilogram, 10 ounce and 1 ounce sizes. While only 500,000 coins will be minted in the one ounce size, the Mint has not announced any limitations for the other two sizes.
Buying Australian Silver Kookaburras
Buying Silver Kookaburras to add some stability to your equity rich portfolio is a good idea especially now as silver prices continue to rise. However, it is important for you to acquire only high grade genuine coins. There are a reasonable number of counterfeits circulating in the markets. That is why buying Kookaburra silver coins from unknown dealers is to be avoided at all costs.
Ask friends or relatives who have recently purchased bullion to recommend good dealers who transact only in high quality precious metals. This is the best way to identify local dealers who are trustworthy enough to purchase your Kookaburra silver coins from.
The American Numismatic Association has a dealer directory onsite that is also a good starting point for identifying reliable dealers. The dealers on this list are those who buy and sell authentic coins and offer the necessary certifications with the products you buy. Identify a few dealers from this list and compare prices for Australian Kookaburra silver coins on their site to find the best deals available.
If you prefer to buy from an online dealer you have used before, it is still a good idea to check his website to know if he is approved by the ANA or PGCS before you place your order for Australian Kookaburra silver coins. These are two of the most trusted coin grading organizations in the U.S.A. Their approval means that the dealer only transacts with the highest grade coins.