2 oz Kookaburra coins - what's the going rate?

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xiki

New Member
I've enjoyed my kookaburras since I bought my first 2011 1oz birds. Expanding my horizons, I came upon some 2oz 2009 kookaburras, and what beauties they are!! The design is of course praised in other threads here, but in addition the size makes this a very good coin to bring around as a lucky coin, just to feel good! :)

So now I have ordered a few more online, just because I love them. Since the mintage is very low on these coins, have they been appreciating much? What is the going rate for the various years? Do they pretty much keep a low premium over spot, or are they fetching hefty lunar type premiums?

I compiled these mintage numbers from the Perth mintage information:

2oz Bullion Kookaburra Coin 1992: 84782
2oz Bullion Kookaburra Coin 1993: 35329
2oz Bullion Kookaburra Coin 1994: 39603
2oz Bullion Kookaburra Coin 1995: 45308
2oz Bullion Kookaburra Coin 1996: 78424
2oz Bullion Kookaburra Coin 1997: 32896
2oz Bullion Kookaburra Coin 1998: 21184
2oz Bullion Kookaburra Coin 1999: 20602
2oz Bullion Kookaburra Coin 2000: 23872

2oz Bullion Kookaburra Coin 2001: 17050
2oz Bullion Kookaburra Coin 2002: 15696
2oz Bullion Kookaburra Coin 2003: 16663
2oz Bullion Kookaburra Coin 2004: 13969
2oz Bullion Kookaburra Coin 2005: 14082
2oz Bullion Kookaburra Coin 2006: 12802
2oz Bullion Kookaburra Coin 2007: 13938
2oz Bullion Kookaburra Coin 2008: 20083
2oz Bullion Kookaburra Coin 2009: 20991

I apologize if I made any typos along the way. The 2004 seems to have the lowest mintage. My niece is definitely getting this one when she is 10 in 2014! My nephew is getting the 2001 this year for the same reason.

I collect pandas as well. These mintages would make the panda's price soar!! So what about the kooks?
 
I had a little look in the bay and found the following "buy it now"-prices:


2oz Bullion Kookaburra Coin 1992: 84 782 - 134.99 usd
2oz Bullion Kookaburra Coin 1993: 35 329 - 137.90 usd
2oz Bullion Kookaburra Coin 1994: 39 603 - 124.99 usd
2oz Bullion Kookaburra Coin 2002: 15 696 - 150.00 usd
2oz Bullion Kookaburra Coin 2004: 13 969 - 149.95 usd
2oz Bullion Kookaburra Coin 2005: 14 082 - 129.82 usd
2oz Bullion Kookaburra Coin 2006: 12 802 - 155.25 usd
2oz Bullion Kookaburra Coin 2008: 20 083 - 150.00 usd

They seem a little high, don't they?
 
While I was at it, I also checked the completes listings from the bay. Here they are:

COMPLETED LISTINGS:

2oz Bullion Kookaburra Coin 1992: 84 782 - 96.99 usd
2oz Bullion Kookaburra Coin 1993: 35 329 - 140.90 usd
2oz Bullion Kookaburra Coin 1994: 39 603 - 128.90 usd

2oz Bullion Kookaburra Coin 1995: 45 308
2oz Bullion Kookaburra Coin 1996: 78 424
2oz Bullion Kookaburra Coin 1997: 32 896 - 96.99 usd

2oz Bullion Kookaburra Coin 1998: 21 184
2oz Bullion Kookaburra Coin 1999: 20 602 - 96.99 usd
2oz Bullion Kookaburra Coin 2000: 23 872 - 82.00 usd

2oz Bullion Kookaburra Coin 2001: 17 050
2oz Bullion Kookaburra Coin 2002: 15 696
2oz Bullion Kookaburra Coin 2003: 16 663

2oz Bullion Kookaburra Coin 2004: 13 969
2oz Bullion Kookaburra Coin 2005: 14 082 - 108.88 usd
2oz Bullion Kookaburra Coin 2006: 12 802 - 155.25 usd

2oz Bullion Kookaburra Coin 2007: 13 938
2oz Bullion Kookaburra Coin 2008: 20 083 - 116.11 usd
2oz Bullion Kookaburra Coin 2009: 20 991 - 108.00 usd

I ignored privy and proof and boxed items. There are a lot of years that do not register any sales within the period they report completed listings.

Are these prices representative of what you find in your coin stores?
 
When you consider the Perth Mint is selling for around the $80 atm (2011), it looks like some have a nice little premium going for them. I doubt they will achieve Lunar etc... status but I do think the larger the coin the harder and less mintage of them. However low mintage does not always equal a high price. There needs to be demand to keep pushing the prices up.

So if you like them I would say keep going with them if you can get them at a fair price. A good size to store also. Plus they have some size and feel to them as well.

Good references as well that are now time stamped. Lets see how they look 12 months down the track :)
 
People have been selling these here for 90 a pop lately, Should be pretty easy to find for that price range with spot where it is.
 
xiki said:
I've enjoyed my kookaburras since I bought my first 2011 1oz birds... (snip snip) ... The 2004 seems to have the lowest mintage. My niece is definitely getting this one when she is 10 in 2014!
Click to expand...

Excellent!! :D She is going to love you for that :D And guess what she'll be wanting as a birthday present thereafter, from her silver uncle :rolleyes:

I sat on my 1 oz Lunar Tigers & Dragons for over a year, before finally thinking, "Instead of just having these coins sit here in a drawer, 'gathering dust', why not spread some of them around?!" Wasn't sure what people's reaction would be to getting a coin like this as a gift, whether they would like it or not. Sometimes, you need to explain what it is. But in EVERY case, the recipient is in awe when they receive it, because lets face it, they are beautiful! People just *LOVE* receiving these coins as gifts, and you feel good by helping introduce them to the world of precious metals, of real money that stands the test of time.
 
Black_Sun said:
"Instead of just having these coins sit here in a drawer, 'gathering dust', why not spread some of them around?!" Wasn't sure what people's reaction would be to getting a coin like this as a gift, whether they would like it or not. Sometimes, you need to explain what it is. But in EVERY case, the recipient is in awe when they receive it, because lets face it, they are beautiful! People just *LOVE* receiving these coins as gifts, and you feel good by helping introduce them to the world of precious metals, of real money that stands the test of time.
Click to expand...

Man, that is encouraging to hear!! Good on you! How I wish I could just skip the regular Christmas presents this year and give people silver. The coins are beautiful, and the value is much better in the long run compared to the usual trinkets we tend to exchange. I've seen elsewhere, and heard people say, that children might be disappointed if they get coins instead of toys, but in my experience, the children now get so many toys they have no idea what to do with all of them. I guess, maybe a loupe with the coin would make it even more interesting for a child. I would have enjoyed it as a kid!
 
Matthew 26:14 said:
As a general rule, a 2oz kook will sell at about twice a 1oz.
Click to expand...

Wouldn't you then say that the 2oz would be a better value, since the mintage of the 1oz generally is much higher?

I haven't seen all of the kooks yet, only in photos. Do they tent to get a bit too similar to generate popularity and interest, or do they look better when you see them in your hand?
 
Xiki,

If you have not already done so, then check this out

[youtube]http://www.youtube.com/watch?v=tSM9IOcLL_4[/youtube]


What is really neat is when the Kookaburras are located at different distances from your house, and first the Kookaburras situated closest to your house sing, and then those slightly further away (while those next to you are now silent), followed by those way in the distance (while the other 2+ sets of birds are silent), and then the song starts coming back towards you. Like a pendulum. They do not always sing in this pendulum-like fashion, but its something peculiar to them. I have not heard other birds sing in this co-ordinated fashion.
 
Austacker said:
When you consider the Perth Mint is selling for around the $80 atm (2011), it looks like some have a nice little premium going for them. I doubt they will achieve Lunar etc... status but I do think the larger the coin the harder and less mintage of them. However low mintage does not always equal a high price. There needs to be demand to keep pushing the prices up.
Click to expand...


$80 for 2oz 2011 is not bad, but since the spot currently is under $30, I guess it's still quite a premium. Wish I had some of them, but I got a bunch of the 1oz instead, as that's what was available to me.


Austacker said:
So if you like them I would say keep going with them if you can get them at a fair price. A good size to store also. Plus they have some size and feel to them as well.

Good references as well that are now time stamped. Lets see how they look 12 months down the track :)
Click to expand...


Yes, it's good to check back on the development of the prices. Let's see how it goes!
 
Black_Sun said:
Xiki,

If you have not already done so, then check this out What is really neat is when the Kookaburras are located at different distances from your house, and first the Kookaburras situated closest to your house sing, and then those slightly further away (while those next to you are now silent), followed by those way in the distance (while the other 2+ sets of birds are silent), and then the song starts coming back towards you. Like a pendulum. They do not always sing in this pendulum-like fashion, but its something peculiar to them. I have not heard other birds sing in this co-ordinated fashion.
Click to expand...

Haha, that actually gave me a laugh. Are they very commona all over Australia? Do people ever make pets of them? I guess we might be venturing a bit off topic here, but they seem like cool birds to have around. I'm a fan of both the real bird and the silver kook. I will show the kids some photos and videos!
 
As a guide;
When you buy or sell a single 2 oz coin you buy and sell it as numismatic, in a roll they became semi numismatic, in a box, they are premium bullion, on a pallet they are silver bullion coins.
 
I think the kookaburra's ever changing design makes them the most attractive bullion round around :)
It is why they have become semi numismatic ,IMHO. I liked them so much I put together a full set of both 1 oz and 2 oz rounds.

As a very rough guide ,I paid an average of $90.00 per round for all 18 of the 2 oz.Some i got for $75.00 when spot was rising last year and a couple I paid a $100 for ,just because i was impatient to complete the set
I found a cool Numis album ,which I modified to take the rounds and I am a happy camper.If you want a few pics ,just holler
 
Holler, holler... I would definitely like to see some pictures, Boyou! Well done on completing your collection of the two full sets!
 
Ok ..excuse my less than stunning pics ,but you get the idea :)
I took a standard 6 page Numis album ,designed for 1 oz rounds or crown size coins,which had cardboard inserts for 4 coins per insert or 8 per page and I tossed the inserts .Then cut out some new inserts using 2 mm craftwood ,painted.So now I have 6 rounds per page and only need 3 pages to hold the set.It makes the album much slimmer ..easier to store and handle
You need a hole saw to cut the spaces for the rounds ,but you don't need to be too tight with the hole diameter ,as ,I discovered.If you open the capsule and insert each half front and back of the insert the capsules are locked into the holder and cant fall out.
Voila! A cheap and cheerful way to display and protect.Means you can spend more on the rounds :)

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Boyou said:
Ok ..excuse my less than stunning pics ,but you get the idea :)
I took a standard 6 page Numis album ,designed for 1 oz rounds or crown size coins,which had cardboard inserts for 4 coins per insert or 8 per page and I tossed the inserts .Then cut out some new inserts using 2 mm craftwood ,painted.So now I have 6 rounds per page and only need 3 pages to hold the set.It makes the album much slimmer ..easier to store and handle
You need a hole saw to cut the spaces for the rounds ,but you don't need to be too tight with the hole diameter ,as ,I discovered.If you open the capsule and insert each half front and back of the insert the capsules are locked into the holder and cant fall out.
Voila! A cheap and cheerful way to display and protect.Means you can spend more on the rounds :)
Click to expand...

Thanks for sharing your photos, Boyou! Great idea! So far I have no system for keeping my coins, so I like to see how you do it. Also nice to see so the complete collection! Cool!
 
Hey boyou

Great set and I like how you have stored them. I am always looking for ways to improve my collection as far as keeping track as well as protection ease of use etc...

Is this the way you went -http://www.lighthouse.us/epages/lighthouse.sf/en_US/?ObjectPath=/Shops/leuchtturm_us/Products/NH6

Do the coins sit reasonably well ?

Cheers
 
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