BULLION BARS AND COINS
In a move I’m sure will please fans of our annual Australian Kookaburra 1oz silver bullion coin, the mintage of this year’s release has been declared at 500,000.
As you will recall, we previously announced that the 2013 issue would be the first in the program’s 23 year history to have a maximum mintage of 1 million – double the limit for the 2012 release, which sold out.
Demand for the 2013 Australian Kookaburra 1oz silver bullion coin has been extremely strong. To date, we have delivered more than 480,000 of these coins to wholesale and retail clients worldwide.
With less than 20,000 coins remaining within the 2013 declared mintage, we expect to be able to announce sales have reached 500,000 in the very near future – at which point production will cease immediately.
This announcement is a win for those investors and collectors who value the lower mintage number. For consistency going forward, we envisage that that the maximum mintage of 500,000 will be applied to all future 1oz Kookaburra releases.
During this period of heightened demand for bullion, the decision to declare this year’s release allows us to focus production of the unlimited Australian Koala 1oz silver bullion coin. Additionally, it fits with our long-term strategic plans for the complete silver bullion coin program.
To secure your 2013 Australian Kookaburra 1oz silver bullion coin while stock last, please click here.