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10 Dollars - Elizabeth II 3rd Portrait - Kookaburra - Silver - High Relief

Issuer Royal Australian Mint
Year 1992-1993
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Engraver(s) Raphael Maklouf (obverse)
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Reverse description A kookaburra (Dacelo novaeguineae) perched atop a weathered tree stump, rendered in high relief with finely detailed plumage, facing left with its distinctive large beak prominent. Eucalyptus foliage branches frame the bird on either side, occupying the central field. The circular legend THE AUSTRALIAN KOOKABURRA 10 OZ. 999 SILVER arcs around the upper and right periphery, with the date 1993 inscribed at the base, all enclosed within a beaded border.
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Reverse lettering THE AUSTRALIAN KOOKABURRA 10 OZ. 999 SILVER 1993
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Additional information

The Kookaburra bullion series launched in 1990 as Australia's answer to the Canadian Maple Leaf and American Eagle, but the high-relief strikes issued for 1992–1993 represent a deliberate departure from standard bullion production — the dies were worked to produce greater depth of field, a process that demanded slower striking speeds and significantly higher per-coin production costs. At 311 grams, these required multiple blows from the press rather than a single pass.

The Royal Australian Mint competed directly with the Perth Mint's own silver programs during this period, a rivalry that shaped mintage decisions and premium pricing throughout the early 1990s bullion market.

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