10 Dollars - Elizabeth II 4th Portrait - Koala - Silver Bullion Coin

The Perth Mint's kilo silver Koala series, launched in 2008, was designed explicitly to compete with established bullion programs from the Royal Canadian Mint and the Austrian Mint at a moment when retail silver demand was surging in the wake of the 2008 financial crisis. Each annual release carries a new reverse design — a deliberate sales strategy that creates collector pressure on top of the base bullion premium, driving secondary market prices well above melt on earlier dates.

The 2009 issue was struck in the same year Perth recorded a dramatic expansion of its bullion output to meet international demand, particularly from Asian markets.