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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New era dawns for gold, silver and platinum Kangaroo coins

Topics [ Australian Kangaroo platinum coin silver coins gold coin ]

For the first time Australia’s signature bullion coin series, the Australian Kangaroo, has been struck in three prime investment metals – 99.99% pure gold, 99.99% pure silver, and 99.95% pure platinum.

As Australia’s most potent animal icon, the famous marsupial has appeared on The Perth Mint’s premier gold bullion coin series since 1989. Memorably captured by renowned coin designer Stuart Devlin, the classic ‘red’ kangaroo encircled by symbolic rays of the Australian sun is one of the world’s preeminent investment coin designs.

 

The kangaroo has been emblematic of Australia since the 18th century.

James Cook’s intrepid expedition of discovery along the east coast in 1770 provided the first European record of kangaroos. He and his crew spent seven weeks ashore at what is now Cooktown in Queensland having been forced to beach HMS Endeavour for repairs after she was damaged on the Great Barrier Reef. They supposedly named the extraordinary animal after an Aboriginal word – quite probably gaNurru – from the local Guugu Yimidhirr people.

Commissioned by Cook’s botanist Joseph Banks, The Kongouro from New Holland by George Stubbs was the earliest painted representation of a kangaroo in Western art. The study, based on an inflated skin brought back to England by the expedition, imprecisely represented the extraordinary native animal. Nevertheless, the intense interest it generated helped establish the word ‘kangaroo’ and widespread knowledge of the creature’s existence on the far side of the world.

Neil Vance, Group Manager - Minted Products, said the kangaroo remained an exotic and striking species to many people outside Australia. “The unusual way in which it hops and the fact that females rear their young inside a pouch makes it one of the most endearing and fascinating animals in the world. As a powerful symbol of The Perth Mint’s uncompromising quality for almost 30 years, there was certainly a need to portray the animal’s unique characteristics on Australian bullion coins across our suite of three investment metals.”

The recent launch of the 1oz Australian Silver Kangaroo created significant interest worldwide. Demand for the 2016-dated release exceeded 10 million coins.

The trio is now complete with the addition of the first Australian Platinum Kangaroo coin. Offered solely as a 1oz release, it replaces the Australian Platypus as a convenient and cost-effective way to own pure platinum in the form of official legal tender.

Methods of Purchase

Australian Kangaroo Gold Coin Series

 • Individual 1 kilo coin

 • Individual 1oz, 1/2oz, 1/4oz and 1/10oz coins with exclusive 2018 design

Australian Kangaroo Silver Coin Series

 • Individual 1oz coin

 • Tube of 25 1oz coins

 • Mini monster box (10 tubes)

Australian Kangaroo Platinum Coin Series

 • Individual 1oz coin

Registered clients can purchase these and other Australian bullion coins from our bullion website - www.perthmintbullion.com. We also welcome walk-in customers at our Shop located at 310 Hay Street, East Perth, and callers on 1300 201 112 or +61 8 9421 7218.

For those who prefer to deal with a local supplier, The Perth Mint markets the complete range through a network of authorised distributors in Australia and around the world.Save


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Whopping 10 kilo 2017 lunar rooster coin has officially sold out

Topics [ silver bullion coins silver bullion silver coins ]

We are pleased to announce an official sell out at The Perth Mint of the magnificent Year of the Rooster 10 Kilo Silver Edition from the Australian Lunar Silver Coin Series II.  With a limited mintage of just 100, these mammoth coins flew off the shelves in just over one month.



This is the third year running that this impressive coin has sold out. Keep an eye out for the Year of the Dog 10 Kilo Silver Edition in the coming months as it’s sure to be just as popular. 



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Monthly Sales – December 2016

Topics [ minted bars silver coins gold coin ]

Total ounces of gold and silver sold by The Perth Mint in December 2016 as coins and minted bars.

  - Gold (Au): 63,420 oz

  - Silver (Ag): 430,009 oz

 

This chart shows total monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.



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Monthly Sales – November 2016

Topics [ gold coins minted bars silver coins ]

Total ounces of gold and silver sold by The Perth Mint in November 2016 as coins and minted bars.

  - Gold (Au): 54,747 oz

  - Silver (Ag): 984,622 oz

 

This chart shows total monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.



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2017 Silver Kangaroo set for success after sales of 2016 coin leap past 11 million

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

The Perth Mint is pleased to announce that the 2017 Australian Kangaroo 1oz Silver Bullion Coin is available earlier than originally scheduled.

Released today, the new issue follows an exceptional debut in 2016 for Australia’s first 99.99% (four nines) pure silver bullion coin. With sales in excess of 11 million, factors behind its success included an iconic design, micro-engraved security feature, and extremely competitive pricing.

 

Now an established annual release from Australia’s official bullion coin program, the Silver Kangaroo is an ideal proposition for anyone seeking the safety of precious metals in a volatile economic landscape. Contributing to investors’ confidence in the coin is the trusted reputation of the 117-year old Perth Mint.

One of the world’s leading integrated refining and minting enterprises, the Mint operates Australia’s only gold and silver refinery accredited by the London Bullion Market Association. As well as producing benchmark good delivery bars and a wide range of retail investment bars, it has made almost 51 million bullion and numismatic coins over the past 30 years, which are admired for their weight, purity and designs.

The 2017 Australian Silver Kangaroo features a ‘red kangaroo’ based on the historical design first witnessed on Australian bullion coins in 1989. Like its immediate predecessor, the new coin benefits from a tiny letter ‘A’ in the reverse inscription as verification of its authenticity.

250-coin mini-monster box

Offered individually, the highly affordable Silver Kangaroo can also be acquired in tubes of 25 coins or in mini-monster boxes containing 250 coins - allowing buyers to take advantage of attractive volume discounts. The mini-monster box is perfect for secure storage in third-party safe deposit boxes.

 

Available from the Mint’s Bullion Trading Desk; via the BullionLine on 1300 201 112 (Australia) or +61 8 9421 7218 (International); and at perthmintbullion.com, the 2017 Australian Kangaroo 1oz Silver Bullion Coin can also be purchased through leading coin dealers.



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What’s the difference between ‘bullion’ and ‘numismatic’ coins?

Topics [ gold coins bullion coins silver coins ]

There’s enormous thirst for knowledge about precious metal coins as more people consider whether or not investing in gold and/or silver is right for them.

Reflecting the number of new investors currently taking their first steps into the market, one of our most frequently asked questions is about the differences between ‘bullion’ and ‘numismatic’ coins.

It’s a great question that all ‘gold bugs’ will remember having to ask themselves while developing a passion for precious metals!

What is a numismatic coin?

It helps to characterise numismatic coins so as to appreciate the differences in the way bullion coins are manufactured and marketed.

A numismatist is someone who does more than simply collect coins. They actively study currency, including coins and paper money, or related items such as tokens and medals. Particularly, they’re interested in its historical, social and artistic significance.

Rightly or wrongly, the term numismatic has been adopted by many to describe modern commemorative non-circulating legal tender releases featuring design themes for collectors.

Produced by many of the same mints worldwide that offer bullion coins programs, numismatic issues exhibit exceptional finishes. Unlike circulating coinage, for example, they combine a highly polished (i.e. proof) table that is literally mirror-like, with superb clarity and definition of the raised, frosted elements (relief).


Proof coins were originally trial coins, hand-struck at the start of a mintage, in order that any flaws could be detected and rectified. Then they became a special sample kept as an example of each mintage. Today they are considered numismatic coins – of interest to collectors.

Including intricately coloured, gilded and antiqued coins, modern numismatic releases demonstrate the highly skilled art of the coinsmith. As well as being beautifully finished, they are also typified by a tightly restricted mintage, numbered certificate of authenticity, and decorative packaging.  

Motivation to acquire such coins is often complex. For many it is the strong desire to own something rare and intrinsically valuable with an aesthetically pleasing design that reflects a personal interest.

What is a bullion coin?

In contrast, a person’s interest in bullion coins is likely to be driven by different needs – namely, the desire to speculate in gold and silver; or, more shrewdly, to invest in precious metals over the long term as a store of wealth. Bullion coins can do this because they are valued on the basis of the weight of their precious metal.

Our recently-released 1oz Silver Kangaroo is a classic example of a bullion coin. Like the large majority of our numismatic coins, it is issued as Australian legal tender - its guarantee of weight and purity. However, it is mass-produced in unrestricted numbers with a more basic finish, and comes without display packaging or a certificate.

These factors represent the key to its attraction for investors. They allow the coin to be sold with a low mark-up or ‘premium’ - a small sum over the price of metal to cover the cost of fabrication, including the wages of those involved in design, production, quality control and so on.

As such, the price of a single Silver Kangaroo is only a few dollars above the international ‘spot’ market rate for silver – the benchmark price per ounce you see quoted on the nightly finance report. In short, it represents a cost-effective, trustworthy, and easily tradeable method of gaining exposure to the silver price.

(And with progressive reductions in the premium when buying these coins in quantities of 25, 100, 250 or 500 coins, the ability to invest in silver becomes even more affordable!)


With more than 10 million sold worldwide in less than 12 months, investors have taken a shine to the Australian Kangaroo 1oz silver bullion coin.

‘Semi-numismatic’ bullion coins

It won’t take long for anyone researching the differences between modern numismatic and bullion coins to see references to ‘semi-numismatic’ – a potentially confusing third category!

The Perth Mint is probably guilty of inspiring its origin when, back in 1987, it introduced the Australian Nugget gold coin featuring a far superior bullion finish to anything else available at the time. Essentially, this involved striking shiny relief elements on a frosted table – the reverse of how they appear on a proof coin.

Today, our gold Kangaroo, gold and silver Lunar, silver Kookaburra and silver Koala bullion coin series are all renowned for their ‘reverse proof’ finishes. Sold at spot plus premium, they’re highly sought-after by investors. Yet with annual design changes and, in some cases, a limited mintage, they are also favoured by collectors.


Sometimes called ‘reverse proofs’, high quality bullion coins from The Perth Mint use frosting on the coin table while the design areas are highly polished.

Thanks to their innovative combination of quality and value, these outstanding coins have occasionally provided canny investors with bonus returns. Like all precious metal coins they have a ‘buy back’ or ‘melt’ value which is aligned to the spot market. But thanks to strong collector demand for some of our semi-numismatic releases, secondary market values have been known to exceed the prevailing price of their metal.

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