Legal Tender in Australia
The coin is legal tender, but it is not one of the most popular investment coins among investors, but it is popular as an inexpensive collector item. The 2016 coin shows a middle age Queen Elizabeth II. The reverse side depicts a Kookaburra sitting on an old fence post with twisted barbed wire and a leafless tree in the background. Struck from 99.90 fine silver the Australian Kookaburra is one of the bullion coins that change their reverse design annually. The Kookaburra is issued as 1 oz, 2 oz, 10 oz and 1 kilo coins.
The coin is legal tender, but it is not one of the most popular investment coins among investors, but it is popular as an inexpensive collector item. The 2016 coin shows a middle age Queen Elizabeth II. The reverse side depicts a Kookaburra sitting on an old fence post with twisted barbed wire and a leafless tree in the background. Struck from 99.90 fine silver the Australian Kookaburra is one of the bullion coins that change their reverse design annually. The Kookaburra is issued as 1 oz, 2 oz, 10 oz and 1 kilo coins.
At the time of writing, 18.01.2016, you have to pay NOK 179 or USD 20 for the 1 oz (31.135 g) coin in Oslo.
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