PERTH MINT KOOKABURRA
Answer by Butterfly
1992 – ‘Since 1992, the Perth Mint has issued one ounce bullion silver (‘kookaburra’) one greenback denominated coins.’
Response by Elizabeth
Australian Kookaburra Silver Bullion Cash
One particular Ounce Silver Bullion Coins.
Australia first issued a 1 ounce silver bullion coin in 1990.
The One particular Ounce coin has a face benefit of $ 1.
When released in 1990, the three hundred,000 concern restrict of the Kookaburras was oversubscribed by far more than 5 instances, and provides ran out on the 1st working day of situation.
The Kookaburra is the only key silver bullion coin which changes its precise layout every calendar year, making it also a lot more desirable to collectors, though the kookaburra concept stays the identical.
Big Bullion Coins
In 1992, the Perth Mint introduced large silver bullion coins, in weights of two ounce, ten ounces and a single kilogramme (31.one ounces).
The Two Ounce cash has encounter benefit of $ two, The 10 Ounce $ 10 and the 1 Kilo is $ 30 experience price.
Originally these were developed as proofs or specimens only, but are now accessible in a non-evidence edition.
Originally the big silver coins retained the same layout each yr, but now they as well have a different kookaburra design each and every calendar year.
Hello. I am beginning to acquire cash with reduced mintage and I was questioning if this coin is value the income. It only has 20,000 coins minted but I’m not certain if that is worth the price so any tips from folks who know a good deal about gathering coins will support!
Reply by curtisports2
I would be very careful right here. The 1997 mintage was three hundred,000. The Perth Mint then gimmicked some of them up by including distinct ‘privy marks’ to some of them. I was not able to locate any reputable info stating that 20,000 have the ‘dragon privy’. I did see current sales on eBay for two of them. One particular marketed for about $ 145 and the other about $ one hundred sixty. So $ one hundred thirty is cheaper, but no a single can say that these will maintain their value as collectible cash at this kind of a drastic markup more than the price of the silver (about $ 33 at the moment).
I also found that the same 12 months, some of these coins ended up carried out with European country privy marks, and a entire sequence developed. The huge silver bullion vendor APMEX is giving some of them for $ a hundred and twenty each and every, and claims that the ‘mintage’ of each and every is just 5,000. On eBay, certain nations around the world sell from $ sixty – $ one hundred each, but somebody sld a established of fifteen nations around the world that have been issued from 1996 – 1998, and the complete selection went for $ 825, or $ 55 for every coin. And this is for coins with mintages only twenty five% of the dragon.
I think $ 130 is overpriced, even although that current product sales exercise says it is not. Perhaps simply because individuals like the notion of also receiving a small gold with their silver, simply because the dragon mark is supposedly .999 gold. I could not locate anywhere anything that verifies the quantity of that gold. To me, it truly is just a gimmick to spur collector desire.
Response by Elise1mds
I hope you imply the one OUNCE coin, simply because I will not consider they make them in kilo size. Anyway, there are a few on Ebay from time to time, and if you do a research for them, there are a handful of out there. The price tag selection is about AU$ 2000 and up. You can also check the Perth Mint web website, given that which is the place these coins are minted.
They have manufactured a 1 kilo kookaburra coin, but I didn’t look for for it.
Hope this will help!