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Specifications
- Mint
- Perth Mint
- Country
- Australia
- Fineness
- 99.99% silver
- Weight
- 311.03 g
- Diameter
- 40.60 mm
- Face value
- AUD $1
- Designer
- Dan Thorne (obverse) / various artists (reverse)
- Mintage
- 500,000 per year (approximate)
- GST
- No GST (investment grade)
Why buyers choose it
- 99.99% pure silver (upgraded from 99.9% in 2018)
- 1 troy oz - 31.1 grams
- Legal tender in Australia - face value AUD $1
- Annual reverse design since 1990
- Micro-laser engraved authentication letter
- One of Australia's most collected silver coin series
The Australian Silver Kookaburra is one of the world's longest-running annual design change bullion series, issued by Perth Mint every year since 1990. Each year's coin features a new artistic depiction of the kookaburra, making it a favourite with both investors and collectors.
About the Australian Silver Kookaburra Coin
The Australian Silver Kookaburra has been produced by Perth Mint every year since 1990, making it one of the longest-running annual bullion series in the world. The kookaburra, a native Australian bird known for its distinctive call, has been depicted in a new artistic pose on every coin issued since the series began.
From 2018, Perth Mint upgraded the silver purity from 99.9 percent to 99.99 percent, bringing the Kookaburra in line with the Silver Kangaroo. The coin features a micro-laser engraved authentication letter visible under magnification, adding a modern security layer to the classic design.
Silver is subject to 10 percent GST in Australia. See current prices across all dealers on our Silver Kookaburra comparison page, or compare the full range of silver coins available today.
Collector and Investment Appeal
The Silver Kookaburra occupies a unique position in the Australian bullion market. Investors buy it for its silver content and competitive premium. Collectors buy it for the annual design series, with older low-mintage issues from the early 1990s commanding significant premiums above spot on the secondary market.
Early Kookaburra issues from 1990 to 2005 had mintages as low as 300,000 per year. Later issues saw production grow to reflect rising global silver demand. The combination of a finite annual mintage and an ever-growing collector base gives the Kookaburra a different demand profile from unlimited-mintage coins like the Silver Kangaroo.
If you are considering selling, check our sell silver coins page to compare current buyback prices from Australian dealers.
Silver Kookaburra vs Silver Kangaroo
Both the Silver Kookaburra and Silver Kangaroo are produced by Perth Mint at 99.99 percent purity with annual design changes. The main practical differences are mintage and premium.
The Kookaburra has a roughly defined annual production run of around 500,000 coins, while the Silver Kangaroo is unlimited. This constrained supply tends to give the Kookaburra a slightly higher secondary market value for recent vintages, though the difference is small in the bullion market.
For a direct price comparison between both coins right now, use our silver coins comparison page. For investors looking at multiple metals, our gold and silver calculator can help you work out the spot value of any holding.
Questions about the Silver Kookaburra
When did the Silver Kookaburra series start?
The Australian Silver Kookaburra series began in 1990 and has been produced every year since, making it one of the world's longest-running annual bullion coin series.
What purity is the Silver Kookaburra?
From 2018 onwards, the Silver Kookaburra is struck from 99.99 percent pure silver. Before 2018, the purity was 99.9 percent. Both versions are eligible for buyback by Australian bullion dealers.
Is the Silver Kookaburra GST-free in Australia?
No. Silver bullion in Australia is subject to 10 percent GST. All dealer prices shown on this site include GST. When you sell silver, dealers pay you the buyback price before GST, so factor this into your planning.
Are older Silver Kookaburra coins worth more than newer ones?
Early Kookaburra issues from the 1990s with lower original mintages can command a premium above spot on the collector market. For standard investment purposes, most dealers price all years equivalently based on silver content and condition.
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