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10 Dollars - Elizabeth II 3rd Portrait - Kookaburra - Silver Bullion Coin
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 1992 |
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| Composition | Log in to see details |
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| Thickness | 8.7 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A naturalistic depiction of an Australian kookaburra (Dacelo novaeguineae) is shown perched upon a eucalyptus branch, facing left, with foliage rendered in fine detail surrounding the bird. The design features a sunburst or radial pattern in the background field, lending depth and atmosphere to the composition. The circumferential legend THE AUSTRALIAN KOOKABURRA arcs across the upper field, with the bullion specification 10 OZ.999 SILVER continuing to the right. The date 1992 appears at the base flanked by two raised dots, and the Perth Mint privy mark P is incorporated within the reverse legend. The entire design is enclosed within a beaded border. |
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| Additional information |
The Australian Kookaburra series launched in 1990 as Perth Mint's answer to the Canadian Maple Leaf and American Eagle, targeting the investment bullion market that had expanded sharply through the late 1980s. The 10-dollar denomination, holding a full 10 troy ounces of silver, was introduced to attract institutional buyers alongside the smaller collector-focused issues. Perth's decision to change the reverse design annually — a deliberate break from the static imagery of competing bullion programs — proved commercially astute and created an incidental series-collecting market that the mint had not originally anticipated.
The 1992 issue was struck under the Ian Rank-Broadley transition period for royal portraiture, using Raphael Maklouf's third effigy of Elizabeth II.