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2 Dollars - Elizabeth II 3rd Portrait - Australian Kookaburra

Issuer Perth Mint
Year 1992-1993
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Engraver(s) Raphael Maklouf
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Reverse description A highly detailed rendering of a kookaburra (Dacelo novaeguineae) perched upright on a weathered tree stump, facing left, set against a background of eucalyptus foliage. The design is framed by a beaded inner border, with the curved legend THE AUSTRALIAN KOOKABURRA and the specification 2 OZ. 999 SILVER arranged around the upper field. The date 1993 appears in the lower exergual area flanked by raised dots, completing the circular inscription.
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Edge Reeded
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Additional information

The Australian Kookaburra bullion series launched in 1990 as Perth Mint's answer to the Canadian Maple Leaf and American Eagle programs, which had dominated the one-ounce silver bullion market through the mid-to-late 1980s. Each annual release carries a new kookaburra design — a deliberate policy decision to drive collector demand on top of straight bullion interest, a strategy Perth borrowed partly from its own Lunar series concept.

The two-ounce format of KM#179 sits outside the flagship one-ounce issue and saw considerably lower mintage, making date-matched pairs across both weights genuinely difficult to assemble. Ian Rank-Broadley's portrait had not yet replaced Raphael Maklouf's third effigy at this point — the transition came in 1998.

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