Silver Kookaburra Melt Value

An Australian Silver Kookaburra contains 1.0000 troy oz of pure silver, worth $54.05 at today's spot price.

The Perth Mint's Kookaburra series, begun in 1990, shows a new kookaburra design each year.

1990–present

$54.05 melt value per coin

1.0000 troy oz silver · 99.99% silver (99.9% on coins dated before 2018)

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 23, 7:10 PM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1990–present
Face value AUD $1
Composition 99.99% silver (99.9% on coins dated before 2018)
Gross weight 31.107 g
Fineness .9999 (99.99%)
Pure metal 1.0000 troy oz (31.103 g)
Diameter 40.9 mm

How the melt value is worked out

Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 31.107 g × .9999 fine ÷ 31.1035 g per troy oz = 1.0000 troy oz
    1.0000 troy oz × $54.05 spot = $54.05

How to identify it

  • A kookaburra on the reverse, with a new design each year.
  • Coins dated before 2018 are .999 fine; every 1 oz Kookaburra contains one troy ounce of silver. The Perth Mint states a minimum weight of 31.107 g for current coins.

Melt value vs. collector value

Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.

Related tools

Sources

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