One Ounce Silver Bullion Coins.

Australia first issued a one ounce silver bullion coin in 1990.

The One Ounce coin has a face value of $1.

When introduced in 1990, the 300,000 issue limit of the Kookaburras was oversubscribed by more than five times, and supplies ran out on the first day of issue.

The Kookaburra is the only major silver bullion coin which changes its exact design every year, making it also more attractive to collectors, although the kookaburra theme remains the same.

Large Bullion Coins

In 1992, the Perth Mint introduced large silver bullion coins, in weights of two ounce, ten ounces and one kilogramme (31.1 ounces).

The Two Ounce coins has face value of $2, The Ten Ounce $10 and the 1 Kilo is $30 face value.

Initially these were produced as proofs or specimens only, but are now available in a non-proof version.

Originally the large silver coins retained the same design each year, but now they too have a different kookaburra design each year.