BULLION BARS AND COINS

The Australian Kookaburra 1oz silver bullion coin has sold out at The Perth Mint.

The revised maximum mintage of 500,000 coins has been reached and no further 2013-dated 1oz Kookaburras will be manufactured.

Retail investors interested in acquiring this year’s design, however, may still buy 10oz and 1 kilo Kookaburra coins direct from the Mint.

Australian Koala

The unlimited Australian Koala provides a superb alternative for 1oz silver bullion coin buyers for the remainder of this year. Identical in purity and quality to the Kookaburra, this year’s coin features an outstanding design of a koala in the fork of a tree.

 

To check out the full range of Australian silver bullion coins from The Perth Mint, click here.

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.

WEBSITE INFORMATION

There has been a tremendous surge of demand for Perth Mint products since the dramatic dip in the price of bullion.

To ensure we can satisfy demand for our most popular products as effectively as possible, The Perth Mint factory is now focussed on manufacturing the following silver bullion coins:

  • 2013 Australian Kookaburra 1oz silver bullion coin
  • 2013 Australian Koala 1 kilo silver bullion coin
  • 2013 Australian Kookaburra 1 kilo silver bullion coin

Other Silver Bullion Coins Available While Stocks Last

The streamlined product range means that production of other Australian Lunar, Kookaburra and Koala silver bullion coin sizes is temporarily suspended.

However, we still have stocks of temporarily suspended products available on our website for immediate purchase.

Stocks are limited and new stock will not be arriving until the temporary suspension is lifted.

BULLION BARS AND COINS

I announced details of our new Mintage Policy in November. There has been an update to the information I provided then, which I’d like to inform you about now.

Previously I said that the Mint reserved the right to manufacture each 1oz release from the Australian Kookaburra silver bullion coin series up to its individual maximum mintage.

What others have called a “re-striking”, however, no longer applies.

Having listened to a great deal of customer feedback, the policy has been amended so that we will no longer be making past 1oz Kookaburras that undersold their maximum mintage.

As a result, we have closed production and declared final mintages for all 1oz Kookaburras and other unlimited denominations released between 1990 and 2012. We have published the figures in the following document:

 • The Australian Kookaburra Silver Bullion Coin Series 1990-2013

Please refer to these recently updated documents for further declared mintages:

 • The Australian Koala Silver Bullion Coin Series 2007 – 2013

 • The Australian Lunar Silver Bullion Series Two 2008 – 2013

 • The Australian Lunar Gold Bullion Series Two 2008 – 2013

These documents can be found on our corporate website under Bullion Mintages.

BULLION BARS AND COINS

The 2013 Australian Koala Silver Bullion Coin Series has made its much anticipated debut.

Available from today, the 99.9% pure silver coins are available in 1 kilo, 10oz, 1oz and 1/2oz sizes. These latest releases portray an iconic representation of an adult koala resting in the fork of a gum tree.

Designed for investors seeking silver in the convenient, trusted form of legal tender, these coins will be struck by The Perth Mint on a mint-to-order basis until the end of 2013.

Take a look at the design (on a 10oz coin):

Buy your Australian Koala now

BULLION BARS AND COINS

Bullion is investment grade precious metal offered for sale to investors, most commonly in the form of legal tender coins and bars.

The value of bullion is determined by the prevailing ‘spot price’ of the metal, plus the manufacturer’s mark up.

As investors, you are naturally interested in buying bullion as close to ‘spot’ as possible.

The cost of pouring a cast bar is lower than making a coin, which involves a more complex process of die making and minting. For this reason, many small investors are content with cast bars from a reputable supplier like The Perth Mint.

Other investors, however, prefer bullion coins. Owning bullion coins offers several clear benefits, including the fact that they are:

  • issued (and therefore guaranteed) by Governments.
  • highly divisible – our regular bullion coins range from 1/20oz for gold and 1/2oz for silver.
  • portray detailed designs for easy identification.
  • are thin, making them extremely difficult to fake around a base metal core.

While bars are cheaper to fabricate than coins, large coins generally cost less to make than small ones. Thus, the manufacturer’s premium as a percentage of overall cost should be lower on large coins.

While many experienced bullion investors own small coins for flexibility, they’re also interested in the cost advantage of larger coins.

The forthcoming 2013 Australian Koala is perfect for investors building such a mixed-size portfolio. As well as the popular 1oz and 1/2oz coins, it includes larger 1 kilo and 10oz varieties.

The kilo coin is especially interesting because it’s the first large silver bullion coin struck on our special Grabener 1,000 tonne coin press, a technologically advanced machine that’s helping us reduce production costs even further.

We believe that as a result of installing this press, the 2013 kilo Koala offers the lowest manufacturing premium on a per ounce basis of any 99.9% pure silver bullion coin in the world.

The Perth Mint bullion website presents options to buy bars and coins, in both silver and gold. The 2013 Australian Koala, which will be available from 5 November, offers the benefits of investing in a coin at our lowest possible premium over minted silver.