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1 Dollar - Elizabeth II 3rd Portrait - Kookaburra - Silver
| Issuer | Perth Mint |
|---|---|
| Year | 1995-1996 |
| Type | Log in to see details |
| Value | 1 Dollar |
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| Composition | Log in to see details |
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| Obverse description | Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, with hair styled in curls and adorned with a pearl drop earring and pearl necklace, after the third portrait by Raphael Maklouf. The legend ELIZABETH II arcs along the upper left periphery and AUSTRALIA along the upper right, with the denomination 1 DOLLAR inscribed along the lower field. A beaded inner border frames the design, set against a polished mirror field. |
|---|---|
| Obverse script | Log in to see details |
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| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
The Australian Kookaburra bullion series, launched by the Perth Mint in 1990, was designed from the outset to compete directly with the Canadian Maple Leaf and American Eagle in the international silver bullion market. Its defining commercial hook — an annually changing reverse design — was a deliberate strategy to drive collector demand on top of pure bullion interest, a model that proved influential enough that other mints adopted variants of it within the decade.
KM#289 spans two calendar years because Perth Mint fiscal years run July to July, not January to December.