The Australian two-ounce silver piece (abbreviated as 2 oz and designated with Ag for "silver") is a bullion and commemorative coin format used mostly by the Perth Mint, which only makes collector and bullion coins and other bullion products.
The Australian Silver Kookaburra series was introduced in 1990 by the Perth Mint in the silver one-ounce format. Subsequently, the range was expanded in 1991 to also include 2oz silver, 10oz silver and 1 kg silver; much later, gold formats were also introduced. The Perth Mint issued a "bullion" and a "proof" two-ounce kookaburras with differing designs every year until 2009; after that, all issues are "numismatic" - not bullion but premium, like high relief and/or gold plated editions.
The coins in the series 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, which is the largest member of the kingfisher family and the national bird of Australia. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of silver used.
The mint says about this coin: The third coin design by leading Western Australian Indigenous artist Kevin Bynder portrays his original coloured painting of a kookaburra. Struck from 2oz of antiqued fine silver, this special coin celebrates the iconic bird known to Nyoongar people as kaa kaa.
A proud Whadjuk-Yuet-Ballardong man, Kevin Bynder is a passionate artist and teacher whose diverse portfolio of vibrant and striking works includes many Indigenous guernsey designs for high-profile sporting franchises, murals in both public and private spaces, and a series of Australian coins issued by The Perth Mint. |