About Perth Mint Bullion Blog

This blog discusses The Perth Mint's bullion coins and bars, providing information about our latest designs, mintages, sales volumes and sell outs. On a broader front, we share relevant research and opinions for anyone interested in gold and silver bullion investing.

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Calls Of A Silver Shortage Often Misleading

Topics [ coin production buy silver online buy silver bullion online buy silver buy silver coins ]

BULLION BARS AND COINS

Internet chatter about a looming shortage of silver should be treated with a healthy dose of skepticism.

As we’ve seen recently, this conversation tends to surface whenever one or more of the world’s major mints announce they’ve sold out of silver bullion coins because of a spike in demand. The hype causes some buyers to panic and pay too much.

There have been a number of temporary coin shortages since the global financial crisis. But the scarcity of coins available for sale on each occasion did not equate to a shortage of metal in world wholesale markets.

What they actually reflected were constraints in the production capacity of bullion mints around the world.

The ability to produce new coins quickly is necessarily held in check by the slowest process in the manufacturing chain – which in coining includes mining, refining, blanking, minting and distribution.

It’s like a baker with only one oven. It doesn’t matter how much flour or how many mixing machines he has, he’s only going to be able to produce so many loaves of bread per day, explains Bron Suchecki on our Research Blog.

One of the major bottlenecks in precious metal coins is the manufacture of blanks, also known as planchets. It’s a surprisingly complex procedure demanding amongst others things rolling, annealing and surface treatments, not to mention a lot of weighing and measuring because of the value of the metal involved.

 

Because it’s problematic for blank makers to speed up production, you’d probably ask why they don’t expand their factories? Or why mints don’t stockpile their blanks? Good questions that Bron answers comprehensively in Coin Shortage FAQs: telling a real shortage from a capacity shortage, which, as the title suggests, also provides crucial advice on how you can tell whether the next purported silver shortage could actually be a real one!



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Introducing Australia’s First ‘Four Nines’ Silver Bullion Coin

Topics [ Australian Kangaroo buy silver bullion online buy silver buy silver coins ]

BULLION BARS AND COINS

The Perth Mint has unveiled the much-anticipated silver version of its Australian Kangaroo, a ground-breaking bullion coin offering new and important benefits to precious metal investors.

 

Issued as Australian legal tender, the new coin is struck from 1oz of 99.99% (four nines) pure silver – a first for the nation’s official bullion coin program.

The coin’s reverse portrays the classic bounding red kangaroo, a design that’s been associated with Australian bullion coins since 1986. Featuring symbolic rays of Australian sunshine, the iconic depiction has a delightful fully-frosted finish.

A Perth Mint first, the coin's reverse also includes an authentication feature. In the form of a micro-laser engraved letter ‘A’ which is within the first A of AUSTRALIA, it is only detectable under a magnifying glass. The authentication feature is designed to make it significantly more difficult for the coin to be counterfeited, providing peace of mind to our customers.

On top of these outstanding qualities, the 2016 1oz Australian Kangaroo silver bullion coin will represent exceptional value for money. Indeed, it will be Australia’s most economically priced silver bullion coin when it is officially released this coming 21 September 2015.

Silver investors seeking a trusted, highly economical store of wealth will be able to purchase the 2016 Australian Silver Kangaroo in protective acrylic tubes of 25 coins. Orders for 10 tubes, each sealed with a tamper evident security seal, will come with a free storage box.

Although no mintage limit applies, production of this first annual Silver Kangaroo release will close at the end of 2016 and the final number declared thereafter.

How to Purchase

Visit our Bullion Trading Room at 310 Hay Street, East Perth, or telephone 1300 201 112/+61 (0)8 9421 7218 to place your order with The Perth Mint from 21 September.

Customers wishing to purchase coins online from The Perth Mint’s bullion sales site www.perthmintbullion.com (available Australia and Asia only) are required to register in advance. If you do not already have an account, please take a few minutes to register now so that we can activate your account in time for release day.



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2016 Australian Bullion Coin Program Unveiled Today

Topics [ buy gold online buy silver online buy gold coins buy silver bullion online buy gold bullion online buy silver coins ]

BULLION BARS AND COINS

The Perth Mint is delighted to provide the first public images of the 2016 Australian Gold and Silver Bullion Coin Program.

As well as the latest Australian, Kangaroo, Lunar, Kookaburra and Koala coins for which the Mint is renowned worldwide, this year’s Program includes the first Australian Kangaroo investment coin struck from 99.99% pure silver - more information coming.

New Coin Designs For 2016

Visit our YouTube channel.

The Australian Kangaroo gold coin design depicts Australia’s most iconic native animal on it haunches with the silhouette of another kangaroo in the background.

Gold and silver Australian Lunar coin designs celebrate the Year of the Monkey – the ninth animal in the traditional Chinese zodiac which is said to confer intelligence, optimism, ambition and adventurism on people born under its influence.

The Australian Kookaburra silver coin design portrays a ‘laughing jackass’ sitting on a barbed-wire fence post.

The Australian Koala silver coin design features a representation of a koala walking along a tree branch.

  Only the year-date changes on the annual Australian Platypus platinum coin.

Limited Mintages

The 2016 Australian Gold and Silver Bullion Coin Program offers a wide choice of popular coin sizes ranging from 1/20oz to 1 kilo in gold and 1/2oz to 10 kilos in silver. The quantity of each coin is unlimited except in the case of the following releases which are subject to maximum mintage limits.

Release Schedule


 

Information Brochures

For technical specifications and further details of the 2016 Australian Bullion Coin program, please view the following pdf brochures.

2016 Australian Kangaroo Silver Bullion Coin

2016 Kangaroo Gold Bullion Coins

2016 Year of the Monkey Gold & Silver Bullion Coins

2016 Kookaburra & Koala Silver Bullion Coins

How to Purchase

Visit our Bullion Trading Room at 310 Hay Street, East Perth, or telephone 1300 201 112/+61 (0)8 9421 7218 to place your order with The Perth Mint.

Customers wishing to purchase coins online from The Perth Mint’s bullion sales site www.perthmintbullion.com (available Australia and Asia only) are required to register in advance. If you do not already have an account, please take a few minutes to register now so that we can activate your account in time for the beginning of the Release Schedule commencing 21 September.



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WGC Reports 12% Plunge In Gold Demand During Q2 2015

Topics [ gold market ]

RESEARCH AND ANALYSIS

Global demand for gold plunged 12% to a six-year low in Q2 2015, as buyers in Asia lost their appetite for the metal, according to the World Gold Council’s latest Gold Demand Trends report.

Demand for the precious metal fell 914.9 tons between March and June, down from 1,038 tons during the same period in 2014, the report said.

China and India accounted for nearly half of the drop, with global demand for jewellery, which makes up about 60% of global gold consumption, falling by 14% to 513.5 tons for the quarter.

The WGC report said European investors were alone in their more positive stance towards gold bars, coins and ETFs as a response to the deteriorating situation in Greece.

Prospects for the remainder of the year are more encouraging, with consumers likely to respond favourably to the recent drop in the price of gold, the WGC predicted, and the onset of the festival and wedding season in India also likely to bolster demand.

 

 

 

 

 

 

 



Download Gold Demand Trends Second Quarter 2015 from The World Gold Council (pdf 902kb)



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Great Hammerhead Shark 1/2oz Silver Bullion Coin Available Now

BULLION BARS AND COINS

One of the most distinctive ocean animals, the Great Hammerhead shark takes its name from its mallet-shaped head - called a ‘cephalofoil’.

 

Broad and nearly flat across the front, the cephalofoil acts like the wing of a plane, providing the Great Hammerhead shark with exceptional manoeuvrability. It can also be used to pin prey, like a stingray, to the seafloor before the shark starts eating!

The cephalofoil’s main purpose, however, is to house an array of sensory organs, including wide-set eyes which give the shark an extremely effective visual range. In addition, it is dotted with electrical sensors which are used by the shark to detect other sea life.

Frequently visitors to the Australian coast, Great Hammerhead sharks grow to over six metres (20 feet) in length. As the largest and most aggressive of the world’s nine hammerhead shark species, they’re the only ones considered a threat to humans.

2015 Great Hammerhead Shark 1/2oz Silver Bullion Coin

Australian silver bullion investors can now purchase this 2015 Great Hammerhead Shark bullion coin from The Perth Mint.

Issued as Australian legal tender, these coins are each struck from 1/2oz of 99.9% pure silver.

Presented without capsules in protective acrylic tubes of 25, they’re accompanied by a free monster box with orders of 20 tubes.

Australian buyers click here or call please 1300 201 112.



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Monthly Sales - July 2015

Topics [ silver bullion coins minted bars gold bullion coins ]

STATISTICS

Total ounces of gold and silver sold by The Perth Mint in July 2015 as coins and minted bars.

  - Gold (Au): 51,088oz

  - Silver (Ag): 746,700oz



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