You can now get the unique 1oz Kookaburra bullion silver coins directly from the Australian wholesale precious metals markets. These are only available to be purchased using Australian Dollars, which offers a great Forex investment opportunity due to the current strength of the US Dollar.
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The 1 troy oz Kookaburra is produced by Australia’s Perth Mint as their primary silver bullion coin, which has a fineness of 999 (99.9% purity). These coins were first produced in 1990 to complement their existing bullion coinage. The 1oz Australian Kookaburras silver coins are classified and accepted as legal tender in Australia and have a face value of AUDS$1.
The 1 oz Australian Kookaburra silver coins have always been minted in relatively low numbers in comparison to other bullion silver coins of similar weight and fineness, however, the last 4 years have seen the highest production cap of 500,000 coins per annum.
To see all of the mintage caps and production rates for the 1oz Australian Kookaburra silver coin, look at the Perth Mint's production records. For the collectors amongst you, you will notice that 2004 had the lowest rate of production since that silver bullion series went into circulation.
In 2015 the Kookaburra silver coin series commemorated its 25th anniversary so it bears slightly different inscriptions to normal coinage of the series, for example; the date of mintage was moved to the obverse to make room for the anniversary dates on the reverse.
In order to provide this series of bullion silver coins with an extra level of demand, the Perth Mint decided to make the reverse design change each year for the featured Kookaburra bird.
This annual changing of design, but not the concept, was aimed at garnering interest with coin collectors as well as those looking to purchase 1 ounce silver coins. This altering of the design each year is similar to what the mint has also tried & tested with their 1oz Kangaroo (nugget) gold coins to great success.
On our precious metals marketplaces we only offer you these 1 ounce Kookaburra bullion silver coins in full packs of 20 and not as single coins.
The pack of 20 silver coins you get come in their original plastic shrink wrap packaging, as issued by the Perth Mint and we are not able to guarantee the year of mint.
Each of our bullion items has its own specific physical contract specifications that is applicable to all of the ABX markets where that product is available for trade.
|Description||20 x Silver Australian Kookaburra 1 fine troy ounce minted silver coins, with a minimum fineness of 999.|
|Contract Size||20 Troy Ounces|
|Price Quotation Currency||AUD|
|Price Quotation Unit||1 Troy Ounce|
|Tick Size||$0.01 AUD|
|Minimum Withdrawal Quantity||20 Coins (1 lot)|
|Minimal Deposit Quantity||20 Coins (1 lot)|
Our bullion products catalogue details the full list of physical contract specifications for all of the physical precious metals products that we offer and you can view all our currently available AUD and USD products on our website.
|Diameter =||40.6 mm (1.598 inches)|
|Thickness =||4.0 mm (0.157 inch)|
|Gross Weight =||1 Troy Ounce (31.103 grams)|
|Legal Tender =||Australia|
|Face Value =||$1 (Australian)|
|Fineness (Purity) =||.999 (99.9%)|
|IRA Eligible =||Yes|
Don't rely on the above features to decide on the authenticity of the silver 1oz Australian Kookaburra coin. Always use a reputable dealer to help you verify any coins that you may wish to buy from someone that sits outside of an established chain of integrity.
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