Australian Silver Kookaburra 2 oz
| Dealer | Price | Premium | Stock | Updated | Deal |
|---|---|---|---|---|---|
MMMonument MetalsBest | $172.16 | +6.6% over spot | Out of stock | 14 hours ago | |
HBHero Bullion | $200.55 | +24.2% over spot | Out of stock | 14 hours ago |
- MMMonument MetalsBest$172.16+6.6% over spotOut of stock14 hours agoView Deal
- HBHero Bullion$200.55+24.2% over spotOut of stock14 hours agoView Deal
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Specifications
- Weight
- 2 oz
- Purity
- .999
- Mint
- Perth Mint
- Country
- Australia
- First struck
- 1990
About the Australian Silver Kookaburra
The Silver Kookaburra is the Perth Mint's flagship annual silver coin, named for the kingfisher native to eastern and southern Australia. The series launched in 1990, which makes it one of the oldest continuously-issued silver bullion programs in the world. Every year the reverse changes. Every year the obverse carries the current effigy of the British monarch, since the coin is legal tender in Australia.
What sets the Kookaburra apart from most bullion coins is the size lineup. The Perth Mint strikes it in 1 oz, 10 oz, and 1 kilo, with the kilo being the headline size. A kilo coin is unusual in modern bullion. It is heavy, it is wide, and it stacks like nothing else in your safe. If you have ever held one in hand, you know the appeal is partly emotional and partly just physical heft.
Purity is .9999 fine silver across all sizes, which puts the Kookaburra alongside the Canadian Maple Leaf rather than the .999 fine American Eagle or the older Britannia issues. For investors who care about purity for its own sake, that extra nine matters less than people pretend. For resale, what matters is recognition, and the Perth Mint's reputation does that work for you.
Mintage is where the Kookaburra gets interesting. Earlier years had relatively low caps, and certain dates carry meaningful numismatic premiums today. Modern issues are minted to demand, but the Perth Mint has historically been disciplined about year-of-issue distinction, which keeps date-collecting alive in the series. If you stack only for melt, you can ignore that. If you like the idea of a stack that might one day be worth more than spot, the Kookaburra rewards attention.
For stacking, the 1 oz is the workhorse. It trades close to the cheapest sovereign coins and ships in tubes of 25. The 10 oz and the kilo command higher per-ounce premiums, but they cut storage volume dramatically and feel like a real piece of silver in a way fractional coins never do. Most buyers end up mixing sizes once they have stacked for a while.
The Perth Mint itself is government-owned, founded in 1899, and refines and mints precious metals on Australia's west coast. Their packaging, capsules, and Perth Mint certificates are well known in the trade, which makes Kookaburras easy to sell back when the time comes.
Frequently Asked Questions
What's the current premium on Australian Silver Kookaburra 2 oz?
The lowest premium right now is +6.6% over spot at Monument Metals ($172.16). The table above ranks every dealer by premium so the best deal is at the top.
Which dealer has the cheapest Australian Silver Kookaburra 2 oz?
Monument Metals currently has the lowest total price at $172.16. We compare every dealer on a freshness-filtered 24-hour window so rankings reflect live market prices.
How often do prices update?
Dealer prices refresh hourly. Spot metal reference refreshes every 10 minutes. The "last seen" timestamp on each listing tells you exactly when that price was captured.