2012 Australian Platypus Launched Today

14 Comments

• December 05 2011

  Why Do I Have to Call? says:

  Why is its price not published here?
  
  http://www.perthmint.com.au/metalPrices.aspx
  
  Wouldn't all other metals' sale subject to availability anyway? 

• December 05 2011

  Stephen Ward says:

  Hi
  
  We are making an adjustment to this page to include the buy/sell prices of the 1oz Australian Platypus. You can expect this change to take effect shortly.
  
  Hope this helps
  
  Stephen Ward

• December 05 2011

  Atica says:

  Look foreword to the upgrade Stephen. Does this mean we'll also be able to buy platinum online?

• December 06 2011

  Stephen Ward says:

  Hi Atica
  
  That's someway down the track but ultimately it is our intention to make all our bullion coins available online.
  
  Regards
  
  Stephen Ward

• December 06 2011

  Ashly says:

  Do you do any other platinum bullion or coins? and yes it would be nice to see a price or at least the value of platinum on your website, a graph like gold/silver is a suggestion. Thanks. could you please email me todays price.

• December 06 2011

  Billy Black Smith says:

  Hi Stephen,
  
  Could you please tell me why the 2012 coin was released on 05 December 2011?
  Wasn't the 2011 coin just released on 01 March 2011?
  
  They really are great looking coins, I hope you guys at Perth could mint a range of bullion platinum coins or maybe bring us further releases in 2013, 20114 etc.
  
  The collector site has the Platinum Coins - Discover Australia The Dreaming Series but these coins aren't bullion so although they are fabulous coins they may not suited bullion investors.
  
  I hope, one-day, we can bye these platinum coins on the bullion web-site.
  
  Well done again for a very stackable and collectable platinum coin, they truly are a great design and fwiw, I reckon the limited mintage is great at 30,000 coins.
  
  Have a great Christmas and I hope you and the team at Perth can put your feet up and have a coldy over Christmas.
  
  Regards
  
  Billy Black Smith

• December 07 2011

  Stephen Ward says:

  Ashly
  
  Here is our current line-up of proof quality platinum coins.
  
  If you are able to visit the Mint Shop in person, you may be able to acquire older platinum Koala bullion coins at our Bullion Desk. Call beforehand on the number in my original post.
  
  For today's coin price, please add $110 manufacturing cost to the current spot price of platinum published on our Live Bullion Prices page.
  
  Regards
  
  Stephen Ward

• December 07 2011

  Stephen Ward says:

  Hi Billy Black Smith
  
  The sell out of the 2011 Australian Platypus was the key factor in bringing the launch date of the 2012 version forward.
  
  Thanks for your kind Christmas wishes. The very best to you from The Perth Mint,
  
  Regards
  
  Stephen Ward 

• December 12 2011

  Murazor says:

  Whoah, it seems I've missed the 2011 coin. It's nice to see that the 2012 version have the same wonderful design by Natasha. I'm going to catch it this year!
  
  All the best for Christmas and New year from the Platypuses on World Coins site admin!

• December 14 2011

  Billy Black Smith says:

  Dear Stephen Ward,
  
  I just wanted to say, that I purchased a few of these coins from Perth recently.
  
  The quality is amazing, fwiw, the coins look like proof coins.
  
  Thanks for the great quality, well done to the staff at Perth:-)
  
  Kind regards
  
  Billy Black Smith
  
  

• December 15 2011

  Stephen Ward says:

  Appreciate your comment Billy.
  
  Many thanks,
  
  Stephen Ward

• December 23 2011

  Billy Black Smith says:

  You know!
  
  It's a shame Perth haven't got a few different size platinum Platypus coins; back when we had the Koala platinum bullion coins from 1988 to 2000, we could buy bullion platinum coins ranging in size from 1 kilo to 1/20oz.
  
  I think the Platypus design, is clean, fresh, modern and fwiw a great platinum coin that surely has the interest of investors and the potential to provide good capital growth in the coming years.
  
  Often new collectors and stackers don't realize the quality of the bullion coins that Perth producers; this can be over-come by minting fractional coins so that those who have never bought platinum before can get their "foot-in-the-door" so to speak.
  
  Stephen, not everyone can afford a full ounce of platinum, just like they can't afford an ounce of gold but they can sample the quality of a platinum coin at an affordable price if Perth had fractional "Plats" (My new name for Platinum Platypus Coins).
  
  So here's what I think the market would like in the fractional Plat range and why.
  
  The archived mintages of the Koala platinum coins, indicate that fractional sizes were very sort after, obviously you are aware of this Stephen, but I'll add the link so that other people can view the data for themselves.
  
  http://www.perthmint.com.au//documents/The_Australian_Koala_Platinum_Bullion_Coin_Series_1988_-_2000_1.pdf
  
  So it would seem that there is a demand for fractional coins but, again, if you look at the mintages and mintage limits there are anomalies that can fill consumer demand.
  
  First of all, the mintage limits for the old Koala coins was too high, and...imo...there should never be an unlimited mintage for Plats.
  
  By keeping the mintage to a reasonable quantity Perth would not only invigorate, stackers but also collectors.
  Investors who buy bullion, want two things to happen when they purchase Plats, they want a bullion coin to have the potential to have numismatic value and they want a coin that has the capacity for capital growth. We also want "limited" mintages.
  
  You guys at Perth have conquered one aspect of what Perth has always stood for and that is, you produce bullion coins that are specimen-like or they look as if they are proof, so you have for-filled the goal of quality on a worldwide basis.
  
  That's just not my raving on, anyone could send a roll of coins to be graded and come back with quite a few slabbed MS 69 or 70 coins.
  In addition, anyone can view The Perth Mint coins on the secondary market to see that even with the current dip in precious metal prices, Perth Mint coins are selling extremely well and a huge margin above the spot price.
  
  So what size mintage for the platinum fractionals?
  
  Answer:
  1/20th - 8,000
  1/10th - 10,000
  1/4 - 8,000
  1/2 -8,000
  1oz - 30,000 (Already good)
  
  In conclusion, I think there is enough evidence to indicate that investors would purchase fractional bullion coins; we've missed having them from the year 2000 until 2011, hopefully in the years to come you may consider the smaller size bullion coins that can compliment the Perth Mint Bullion site.
  
  Kind regards
  
  Billy Black Smith

• February 09 2012

  Billy Black Smith says:

  Hi Stephen,
  
  Could you please tell us an approximate time when we will see the platinum coins available on the Bullion site?
  
  Kind regards
  
  Billy Black Smith

• February 10 2012

  Stephen Ward says:

  Hi Billy
  
  There are no current plans to add the Platypus platinum coin to the web site.
  
  Regards
  
  Stephen Ward