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2 Dollars - Elizabeth II 3rd Portrait - Australian Kookaburra

Issuer Perth Mint
Year 1995-1996
Type Non-circulating coin
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Obverse script Latin
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Reverse description A highly detailed, finely engraved depiction of a kookaburra in full lateral flight occupies the central field, its wings spread wide with individual feathers rendered in crisp relief. The bird faces left, its distinctive stout beak and stocky body characteristic of the laughing kookaburra species clearly delineated. The circular legend 'THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER' arcs around the upper and right periphery, while the date appears at the base, all framed by a beaded inner border.
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Additional information

The Australian Kookaburra silver bullion series launched in 1990 with an unusual premise: the reverse design changes every year, a deliberate departure from the static imagery used by most sovereign bullion programs. The Perth Mint adopted this strategy partly to distinguish itself from the Australian Nugget gold series and partly to drive collector demand alongside pure bullion buyers — a calculated move that proved effective in building a secondary market independent of spot price.

The two-dollar face value is nominal fiction; by 1995 the coin's melt value vastly exceeded it.

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