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 ]


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 ]


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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Monthly Sales - May 2015

Topics [ buy silver buy gold ]


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

  - Gold (Au): 21,671oz

  - Silver (Ag): 337,511oz

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Who Buys Precious Metal?

Topics [ buy gold coins gold coins buy platinum gold bullion gold bars bullion coins gold gold bullion coins gold bullion bars bullion buy silver buy gold bullion bars buy silver coins ]


In the Western world, gold was once almost exclusively the domain of royalty, the super-rich, professional traders and a group of ‘gold bugs’ - mavericks who for one reason or another distrusted the use of paper currency.

Two decades ago, few ‘ordinary’ people perceived much reason to invest in gold. In truth, they probably didn’t even know how to go about buying it.

But things have changed.

For many, the Global Financial Crisis was a game-changer. Generally unforeseen by economists, it threatened the collapse of large financial institutions, sent assets tumbling and rocked investor confidence.

In the midst of the turmoil, people from all walks of life came to appreciate the traditional view of gold as a ‘safe haven’ in times of crisis. As prices rose, even ‘mum and dad’ investors took the plunge – and if not with gold, then with silver, which can provide many of the same benefits associated with the yellow metal.

While it is not yet fair to say gold has gone ‘mainstream’, the average man on the street is now much better informed about gold ownership and the conviction that it is a valuable component of a ‘balanced’ investment portfolio.

Today, interest in gold coins and bars remains elevated in comparison to pre-GFC times. But here’s a thing – the attitude towards gold in the West still pales in comparison to the obsession for gold in Eastern cultures!

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Indian Jewellery Demand A Highlight In Subdued Q3 Gold Market – World Gold Council

Topics [ buy silver buy gold ]


Demand for gold dropped by 2 percent in the three months ending September 30 to 929.3 tonnes compared with the third quarter in 2013, the World Gold Council has reported.

The highlight for gold was a resurgent appetite for jewellery in India, which saw a 60 percent year on year increase in Q3 to 183 tonnes. India once again took over as the world's biggest gold consumer, buying 225.1 tonnes of gold jewellery, coins and bars last quarter, compared to 182.7 tonnes in China, a plunge of 37 percent.

“This quarter the market continued to find its feet after an exceptional 2013, with China catching its breath and buying in the build up to Diwali driving Indian jewellery purchases,” Marcus Grubb, Managing Director of Investment Strategy at the World Gold Council said.

In the investment sector, world demand for bars and coins was down 21 percent to 246 tonnes. The WGC said third quarter demand for bars and coins was very close to the 10-year quarterly average of 240.6 tonnes, adding that before the financial crisis of 2008, the European bar and coin market was virtually non-existent.

Full details of the latest WGC findings can be found in Gold Demand Trends Third Quarter 2014 [pdf 1.16 mb]

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New 1/2oz Silver Bullion Coin Marks Major World War II Battle

Topics [ buy silver online silver bullion coins buy silver ]


The Battle of the Coral Sea was fought off the north-east coast of Australia during 4 to 8 May 1942 between the Imperial Japanese Navy and allied naval and air forces from the United States and Australia. A highly significant Second World War engagement, it effectively stopped the Japanese advance to the south and has been referred to as the 'battle that saved Australia'.

The Perth Mint is delighted to offer investors a new bullion coin marking this famous encounter. Struck from 1/2oz of 99.9% pure silver, the 2014-dated release depicts a naval ship with its guns raised on a background comprising representations of the Southern Cross constellation and the Stars and Stripes. The coin’s striking imagery is encircled with the inscription WAR IN THE PACIFIC 1941 – 1941 BATTLE IN THE CORAL SEA.

Issued as Australian legal tender, the coin portrays the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse and its monetary denomination (50c).

The 2014 Battle of the Coral Sea 1/2oz Silver Bullion Coin is available in multiples of 25, which come in protective acrylic tubes each sealed with a tamper-evident security strip. Tubes are available individually, or may be purchased in a ‘monster box’ of 20 containing a total of 500 coins.


Competitive Pricing

This superb coin is offered at just $4.95 over spot, reducing to $3.95 for orders of 500 or more coins.

Buy the coin now or call 1300 201 112 / +61 8 9421 7218.

(Please note: The Perth Mint can only supply this coin within Australia. International clients please contact Goldline Coins.)

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