2008 Kookaburra Australian 1 oz .999 Fine BU Silver Coin
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Product Details
2008 Australian Kookaburra 1 oz .999 Fine Silver Coin BU
Since 1990, the Perth Mint has released the Silver Kookaburra annually. Each installment features a new design, available in various sizes, from one ounce to one kilo.
The reverse of each 2008 1 oz Silver Kookaburra features the bird perching on a barbed wire fence next to a spider web, designed by Shevaun Buschenhofen. It is inscribed with the words “THE AUSTRALIAN KOOKABURRA, 1 OZ .999 SILVER” and the year. The design also incorporates the Perth Mint’s “P” mintmark.
The obverse of each Silver Kookaburra features Ian Rank-Broadley’s Queen Elizabeth II design, and it is inscribed with the coin’s denomination of one dollar.
Coin Highlights:
- Contains 1 oz of .999 fine Silver.
- Comes in a protective plastic capsule.
- Sovereign coin backed by the Australian government.
- Mintage of 300,000 coins.
- Edge : Reeded
- BU - Brilliant Uncirculated
2008: A Year in History
January 1 – Cyprus and Malta officially adopted the euro.
January 21 – Stock markets around the world plunged, fueled by fears of a US recession thanks to the subprime mortgage crisis of 2007.
February 5 – The stock market plunged more than three percent, while the S&P fell 3.2 percent and the Dow Jones Industrial Average dropped 370 points.
February 19 – Fidel Castro resigned as President of Cuba.
August 8 to August 24 – The 2008 Summer Olympics were held in Beijing, China.
September 15 – Lehman Brothers filed for Chapter 11 bankruptcy protection, which laid the foundation for the Global financial crisis.
September 29 – The DOW lost 777 points — the largest one-day point decline in history — after the House of Representatives denied a $700 billion bank bailout.
November 4 – Barack Obama was elected the forty-fourth President of the United States, becoming the first African-American to hold the office.
December 11 – Bernie Madoff was arrested for his involvement in the largest financial fraud in history.