Description
Buy silver kookaburra coins online today with Gerrards !
This product is the bullion series of the silver Kookaburra coin.
Price includes Free and Insured Delivery in UK.
The silver Kookaburra contains 1 ounce (31.1035 grams) of .999 fine silver. Since 2018, the Perth Mint produces the 1 oz silver Kookaburra in .9999 fine silver. These silver coins have a superior quality finish.
You might also like the chinese panda coin series. These coins has also a reverse design that changes for each year of issue.
See also :
Why buy 1 oz Australian Silver Kookaburra ?
Limited Supply
The Perth Mint produces the 1 oz Silver Kookaburra in small quantity (around 500,000 mintages / year). This figure is relatively low compared to other silver bullions. To illustrate, the US Mint produces around 40 millions Silver Eagle coins / year.
This is why the 1 oz silver Kookaburra is quite popular among collectors. It has a higher collectible value compared to most other bullion coins. Buy a silver kookaburra coins is the best way to add value to your portfolio at the best price.
Silver Bullion Program
The Perth Mint produces the 1 oz silver Kookaburra since 1990. It is one of the longest-running bullion coin program in Australia. The Silver Kookaburra has legal tender status in Australia thanks to the Australian Currency Act (1965).
Unique Changing Design
The obverse of the coin depicts the Queen Elizabeth II. This designed remained unchanged for each year of issue.
The reverse of the coin features a kookaburra, a native bird from Australia. However, this design varies from year to year. The Perth Mint maintains a uniqueness with this coin that is unrivalled by most other Mints.
Buy silver kookaburra coins is a great to start a new collection. Many collectors will enjoy collecting every coin from the silver Kookaburra series.
Collectible Value
The Silver Kookaburra coins gain value as they get older. They are more difficult to find on the market (because of their limited supply). Buy Silver Kookaburras coins is a great way to buy modern numismatic coins without spending too much money.
Design of the Silver Kookaburra
The obverse features the profile of the Queen Elizabeth II facing right, along with the face value 1 Dollar (AUD)
The reverse design varies each year. It displays a Kookaburra, Australian iconic bird. The words ” Australian Kookaburra ” appear above the bird. The mention ” 1 oz .999 Silver ” and the mint date are engraved below.
History of the Silver Kookaburra
Since its introduction in 1990, the Perth Mint produced several variations of this coin. You can find special edition of the Silver Kookaburra which include extra stamps or private seals. These issue appeared during special occasion and coin shows.
The Perth Mint in Australia manufactures this coin since 1990.
Why buy 1 ounce silver coins ?
In most cases, choosing between silver coins or bars depends on your preferences and investment goals. The main reasons to buy silver bullion coins instead of bars are :
Although most silver coins have a higher premium, they are cheaper on sale. Therefore, they are more affordable for low-budget investors compared to silver bars.
Buy Silver coins is also a great way to invest in smaller silver units. This makes your silver investment more flexible. You can easily sell part of your holdings with silver coins. In the contrary, relying on a large silver bar makes your investment more rigid.
Most of the Sovereign Mints produce silver bullion coins in large quantity. Silver bullion coins like the Kookaburra are quite popular in the market and highly liquid. In summary, silver coins are easier to trade than bars.
Finally, some silver coins have tax additional benefits. The silver Britannia for instance is suitable for british investors. This coin is exempt of Capital Gain Tax (CGT). Similarly, Silver Eagle can be used in IRA plans for US citizens.
