Highest Priced Bullion Kookaburras

Discussion in 'Silver Coins' started by Photonaware, Apr 10, 2014.

  1. Photonaware

    Photonaware New Member

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    I succeeded in collecting the run of one ounce Kooks commencing with the 1990.
    Some I bought from dealers and others on eBay.

    Several months ago I made a list of buying prices from various sources and by a big margin the following years stood out as expensive compared to the average.

    1990
    1999
    2000
    2004
    2008

    European dealers had the 1990 listed at the highest price approx 3 times the average.
    USA Apmex had the 2008 listed at the highest price but Europeans did not.

    Any idea why the different years can vary so much in price ?
    It isn't age because when I did the survey the 1991 was not above the average price.
    The price doesn't seem to be stongly related to the mintage either.

    Difficult to find a correlation between market price and year of issue.
     
  2. DanielM

    DanielM Active Member Silver Stacker

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    What about design and collectibility? I think it might be the answer your looking for.

    Don't forget that the mintage numbers have been fudged with the shitty remints(should be illegal)
     
  3. trew

    trew Active Member Silver Stacker

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    Most of that is due to the re-minting done by the Perth Mint

    about 2 or 3 years ago some German dealers started selling full kook sets in capsules but without the 1990
    It was a mystery at the time but is now obvious these were Perth Mint remints done quietly
    So all these German collectors chased the 1990 on eBay and drove the prices up

    Then the Perth Mint did a full blown Remint on all the years and those kooks that had previously reached full mintage went up in price
    1990, 2008, 2009

    Reminting has now stopped but seems to be taking a long time to settle down and go back to mintages
     
  4. iluvbeanz

    iluvbeanz Member

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    Just to be clear, when Perth reminted some of the kooks, they're not allowed to backtrack and put the year, but rather just use the same exact kook image from that year, correct?
     
  5. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Perth re-struck using the original date.

    So the 1991, 92,93,94,95,96,97,98,99, 2001,2002,2003,2004,2005,2006,2007 coins all have their original date on the coin.



    Sometimes you may find a Kookaburra coin with a 2009 date that has a design prior to 2009 but these coins come from The Australian Kookaburra 20th Edition Coin Sets produced by Perth.
    Silver Twenty-Coin Set (consists of reproductions of Australian Kookaburra reverse issued between 1990 and 2008, and one new Kookaburra design for 2009.

    Info about the 20 coin set.
    http://www.perthmint.com.au/catalog...rra-20th-edition-silver-bullion-coin-set.aspx

    The 20 coin set had a mintage of only 8,598 and...if you see these coins for sale they are very collectable as individual coins to make up full sets.
    See page 4 of 7 of this link.
    http://www.perthmint.com.au//documents/2009_Perth_Mint_Numismatic_Coins120813V3.pdf
     
  6. iluvbeanz

    iluvbeanz Member

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    Holy moly, talk about diluting the integrity of this series...

    Is this even legal on a coin that has a face value?
     
  7. House

    House Administrator Staff Member

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    Perfectly fine. They had a mintage limit that was agreed upon, they didn't reach it at the time and thus surreptitiously went about reaching it 20 years later. Collectors took the published mintage figures as gospel not realizing they could mint to the limit at any time down the track. Could lead to almost 3m more Kooks being minted :/
     
  8. 1for1

    1for1 Well-Known Member

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    I did think only the CURRENT effirgy was allowed to be used when a coin was stuck.. Must of been some loophole.. I quit pm product after this shaft
     
  9. Justfishin

    Justfishin New Member

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    Anybody know the going rate on 2009 kooks?
     
  10. Altima

    Altima Well-Known Member Silver Stacker

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    40 AUD?
     
  11. Ghost Story

    Ghost Story Active Member

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    not enough :)
     
  12. Justfishin

    Justfishin New Member

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    $50 USD seems to be the going rate on this side of the pond. Came across a dozen a week or so ago, think $45 would work
     
  13. dragafem

    dragafem Well-Known Member Silver Stacker

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    with spot this low and the interest mainly in the low premium stuff u lucky to get $40 aud for the 1oz 09 kook...
     
  14. magickookaburraride

    magickookaburraride New Member

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    The 1990/2000/2008 were by far the hardest and most expensive to find/purchase.


    After I finished my BU set, I wanted NGC and PCGS graded sets as well...finished 2 NGC 69 sets before finishing 1 PCGS set ( Seems PCGS graded Kook's are much rarer )



    Right now on Ebay( US ) , there is a PCGS MS69 graded 2008 Kookaburra available....the population on those 69's from PCGS is only 49 ...compared to 447 for NGC 69's. Bar far the hardest to get for a PCGS set.

    Working on an NGC 70 set right now, gonna be a WHILE before completing that one.
     
  15. iluvbeanz

    iluvbeanz Member

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    ^ Buy a few BU of the year you want, pregrade them yourself and send in the ones most likely to grade MS69 or MS70 to PCGS. Sell off the ones you think will not make 69 or higher.
     
  16. alor

    alor Well-Known Member Silver Stacker

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    it is with a heart pain, that kooks need to be freed from those GC or GS cages :lol:

    a hammer will do the job.

    Newer 2015 kook will continue ... to be sought after :)
     
  17. Altima

    Altima Well-Known Member Silver Stacker

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    Pictures of the graded kookaburras are always appreciated!
     
  18. magickookaburraride

    magickookaburraride New Member

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    I will take some tonight.

    Wow, the last NGC MS69 1990 Kookaburra sold just 2 weeks ago for 355 plus 6.99 shipping ... the NGC population of 69's is only 28 coins.
    http://www.ebay.com/itm/1990-1-oz-S...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557


    I paid 149 and 199 for my 2 NGC 69 1990 Kooks, but that was a couple years back...362 bucks is insane .

    That PCGS 2008 MS69 Kookaburra on Ebay only has 1 day left, no [email protected] only 99 bucks...THATS really insane.
     

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