2024 1/10 oz Platinum Kookaburra
The 2024 1/10 oz Platinum Kookaburra is a premium platinum coin from the Perth Mint in Australia, extending the renowned Kookaburra series into the realm of platinum bullion. This coin is valued for its unique design, high platinum content, and connection to the iconic Kookaburra series, typically associated with silver. Here’s a detailed description of this coin’s key features and characteristics:
General Information
- Weight and Purity: The coin contains 1/10 ounce of 99.95% pure platinum, providing a significant amount of fine platinum content in a compact size.
- Minting Location: It is minted by the Perth Mint, a reputable Australian mint known for its high-quality bullion products.
- Face Value: The coin has a legal tender face value, typically denoted in Australian dollars.
Design
- Obverse: The obverse features an effigy of King Charles III, designed by Jody Clark. This effigy is accompanied by inscriptions for “KING CHARLES III,” “AUSTRALIA,” and the coin’s face value, reflecting its legal tender status.
- Reverse: The reverse showcases a depiction of a kookaburra, the bird that has become a symbol of the Kookaburra series. The 2024 design may illustrate a unique scene or posture, highlighting the bird’s characteristics and behavior. The reverse also includes the coin’s year of issue and other relevant inscriptions.
Collector Appeal
- Kookaburra Series: The Kookaburra series is highly popular among collectors, known for its changing designs and association with Australian wildlife. The extension into platinum makes this coin particularly unique.
- Limited Mintage: The Perth Mint often produces these coins in limited quantities, enhancing their collectibility and potential future value.
- Unique Designs: The reverse design changes each year, encouraging collectors to gather a complete set or to follow the series over time.
Investment Potential
- Platinum Content: With 1/10 ounce of 99.95% pure platinum, this coin offers an attractive investment option for those interested in diversifying their precious metals holdings.
- High Liquidity: The smaller size and high platinum content make it easy to buy, sell, or trade, offering flexibility for investors.
- Market Recognition: The Perth Mint’s Kookaburra series is widely recognized, ensuring demand for the coin in the precious metals market.
Preservation and Storage
- Protection: To maintain the coin’s condition, it should be kept in a protective capsule or case. This helps prevent scratches, tarnishing, or other damage.
- Storage: Store the coin in a cool, dry environment to prevent tarnishing or discoloration. Avoid direct handling to minimize the risk of fingerprints or smudges.
The 2024 1/10 oz Platinum Kookaburra is a unique addition to the Kookaburra series, combining the iconic design with the intrinsic value of platinum. Its high purity, limited mintage, and unique design make it an attractive addition to any coin collection or precious metals portfolio. The coin’s connection to the Perth Mint and the Kookaburra series further enhances its appeal among collectors and investors.
