1 Kilo Kookaburra Silver Coin (2019)
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This is a brand new bullion finish silver coin. Bulk orders will be packed in foil trays on ten.
This huge 1KG pure Silver Kookaburra coin issued from the Perth Mint depicts the native Kingfisher bird. The sheer size of the coin allows for impressive detail of the 2019 Kookaburra image on the reverse, and Queen Elizabeth II’s 5th portrait on the obverse. The coin has a face value of $AUD30.
Coin history and mintage
First issued by the Perth Mint in 1990, the Silver Kookaburra benefits from an annual design update of the native bird and relativelt low mintage. Both factors contribute to them trading higher and be more collectible than many silver bullion coins. The 1 kilo version is the daddy of the series, with the coin also being minted in 10oz, 2oz and 1oz versions. To celebrate 25 years of issuance, the 2015 coin featured the exact design of the original 1990 Kookaburra.
Australia’s proud association with its unique and impressive fauna is celebrated in many areas of antipodean life, notably on its coins. The Kookaburra is a terrestrial tree kingfisher native to both Australia and Papa New Guinea. The relatively small bird has a distinctive chirp which is commonly used as stock rainforest sound effects. In fact, its habitat is quite varied, between savanna, rain forest and even suburban trees. The carnivorous birds like to eat insects, small rodents and reptiles.
Our Expert Opinion
Certainly an impressive coin to add to your collection. Great aesthetically due to the detail of the Kookaburra, but also immensely satisfying to hold due to it’s 1 kilo weight.
As an investment the large size reduces the manufacturing cost per gram compared with a smaller 1 ounce coin. Usually investors are forced to purchase silver bars to achieve economies of scale, but this manages to provide cost savings while still being a coin. As a non-UK coin it isn’t Capital Gains Tax (CGT) free for UK buyers, who may wish to consider UK coins such as the double sized 2oz Dragon Queens Beast, the limited issue Silver Lunar 1oz coin, or the best selling 1oz silver Britannia coin. Don’t forget that everyone is permitted just over £11k annual gains before paying CGT, so foreign coin only become taxable if you own a large quantity and decide to sell at a profit all at once. Selling some each year or combining with UK coins, will indirectly ensure you still keep tax efficient.
Orders are delivered free of charge within the UK only.
Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.
Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.
You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.
In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.
For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.
If you request storage for your order, your goods will be sent free of charge to the storage vaults.
All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.
Please see further details of storage fees and minimum charges on our Storage & Delivery page.
Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.
A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.