Silver Ounce 2019 Australian Kookaburra, Coin from Australia - detailed information

The Australian one ounce silver piece (abbreviated as 1 oz and designated with Ag for "silver") is a bullion and commemorative coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.

The Australian Silver Kookaburra series - to which this coin belongs - was introduced in 1990 by the Perth Mint; subsequently, the Royal Australian Mint also started issuing silver Kookaburra bullion coins. The coins have legal tender status in Australia and are one of very few legal tender bullion silver coins to change their design every year, always featuring a kookaburra - a bird native to Australia. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of silver used.

This 1oz silver bullion coin is part of the Australian Kookaburra coin range by the Perth Mint.

The Mint says about it:
Meticulously struck from 99.99% pure silver, the Australian Kookaburra Bullion Coin Series was originally issued in 1990. The new 2019 design features a kookaburra perched on a tree branch protruding from a gently rippling waterway, with a setting sun and native foliage forming a stylised background.

Available in 1 kilo, 10oz, and 1oz sizes, the larger sizes have an unlimited mintage whilst the 1oz has a maximum of 500,000 coins. All coins are issued as legal tender under the Australian Currency Act 1965 and for the first time, feature Jody Clark’s contemporary portrait of the Queen, who is depicted wearing the Royal Diamond Diadem.

For the first time each of the bullion Kookaburra coins also include a helpful security feature in the form of a micro-laser engraved letter within the reverse design.