Australian 2 oz silver kookaburra with gold privy insert

Discussion in 'What's it Worth' started by John Curtis, Jan 29, 2014.

  1. John Curtis

    John Curtis Member

    Can someone help me here? As i understand it this coin issued by The Perth Mint has 99.99% silver and according to weight specifications at least a half a gram of 'pure gold' privy insert in it.
    At current price for Bullion content alone 2 oz of silver and a half gram of gold, the bullion content alone is $70 (Gold $25) so these coins on Ebay with starting bids at 99c look good long term collection value. Certificate of authenticity says only 1500 minted Worldwide for each coin making them RARE too.
    i would appreciate any comments from 'learned' numismatists on their thoughts as to long term appreciation.
    i recently purchased the 1994 set of 4 X 2 oz Kookaburras and got them for $90.00 Australian (which i thought cheap, but some $80 odd right now) and they are beautiful to behold.
    Will they go up if silver goes to $30 or $40?? Should i buy more now???
     
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  3. GeorgeM

    GeorgeM Well-Known Member

    Half a gram is, what, 0.017 oz of gold? Seems a bit more than I would expect for a tiny gold inlay like that.

    A lot of the Australian Kooks sell for multiples of their bullion value. The scarcity of these seems like they'd be a decent buy at that price.
     
  4. John Curtis

    John Curtis Member

    My mate weighed the standard 2 ounce and silver kooka 99.999% silver and difference is half a gram . Privy insert is a replica in miniature of coins issued from history ..cheers John
     
  5. John Curtis

    John Curtis Member

    have also contacted The Perth Mint for coin specifications on Perth Mint issued 2 oz Kookaburras with Gold Privy inserts...
     
  6. John Curtis

    John Curtis Member

    There is one kooka Gold Privy coin on sale now on Ebay that i know only 100 coins are issued wwide outside of sets to listed collectors who will not putem on mkt ..think about it.
     
  7. John Curtis

    John Curtis Member

    found this data from Bullion Supermarket on 2 oz kookaburras but does not refer to the half gram of gold
    Silver Kookaburra Technical Specifications

    SizeFace
    Value
    AU$Fineness
    /1.000Silver
    Content
    (T oz)Gross
    Weight
    (g)
    Diameter
    (mm)
    Thick
    (mm)

    1 Kilo$30.99932.151001.00210114.6
    10 oz$10.99910.00311.34775.508.7
    2 oz$2.9992.0062.7753.304.5
    1 oz$1.9991.0031.13540.604.0
     
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