Silver bullion coins are commodities well known around the world. Sovereign mints make them available so that average stackers, like me, can purchase them in quantities that they can afford to.
Silver bullion coins are made of 99.9% pure silver or better and weigh one troy ounce (31.1035 grams). The total ounces of silver you own is equal to the number of coins you have, no matter the sovereign nation that minted them.
There are a select few private mints contracted to work with foreign reserve banks that produce silver coins for a sovereign mint.
The Silver Kookaburra is a silver bullion coin of Australia. It is produced by the Perth Mint. Unlike the American Silver Eagle coins, the Silver Kookaburra coins are not trade-able on the Bullion market; thus, they hold less liquidity than some other bullion coins on the market.Source
The kingfisher bird species design varies each year since 1990. This remain to be a selling point of the Kookaburra coins. Also, the the coins are sold for a higher premium than other bullion coins due to their limited mintage.
2022 Australia Silver Koolaburra, $1
In case you missed it, these are the other 2022 coin I have shown:
Thank you for stopping by to view this article.
I post an article daily, and I hope to see you again soon!