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You are invited to engage with senior representatives of The Perth Mint, including CEO Ed Harbuz, on The Perth Mint Bullion Blog. Use the comments section to post your views and/or questions in response to our regular articles, and join a vibrant community of people who share an interest in superb quality gold and silver bullion bars and coins.

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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 ]

PRECIOUS METAL SERIES - 3

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 ]

RESEARCH AND ANALYSIS

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 ]

BULLION BARS AND COINS

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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Monthly Sales – April 2014

Topics [ buy silver buy gold ]

Total ounces of gold and silver sold by The Perth Mint in April 2014 as coins and minted bars.

 - Gold (Au): 23,461

 - Silver (Ag): 361,988


Amendment
- Please note that April 2014 gold sales has been revised to 22,270oz and that this will be reflected in subsequent graphs published on this blog



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Perth Mint Releases Awesome Great White Shark Silver Bullion Coin

Topics [ buy silver online silver bullion coins buy silver bullion online buy silver where to buy silver ]

BULLION BARS AND COINS

Few other creatures rouse such awe, fascination and fear in humans than the Great White Shark. A predatory inhabitant of the world’s oceans for millions of years, the torpedo-shaped animal with its characteristic conical snout grows to six metres and more in length. Armed with rows of terrifying serrated teeth and formidable jaw strength, the Great White can ambush its prey from below with ferocious power. Despite an often fraught relationship with mankind, the Great White Shark plays a vital role maintaining a healthy balance within the marine ecosystem.

 

In tribute to this awesome animal and its prevalence in popular culture, The Perth Mint has released the 2014 Great White Shark 1/2oz Silver Bullion Coin. Portraying an ominous impression of one of the world’s most deadly predators, the Australian legal tender coin is struck from 99.9% pure silver with a maximum mintage of 300,000.

 

The Great White Shark 1/2oz Silver Bullion Coin is available in multiples of 25, which come in protective acrylic tubes.  A purchase of 20 tubes (500 coins) is housed in an additional ‘monster box’.

 

Volume discounts

These coins are sold with attractive volume discounts for silver bullion coin investors. Full details of volume discounts for customers in Australia can be seen at www.perthmintbullion.com.

Worldwide sales outside Australia are handled exclusively by www.apmex.com.



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New Volume Discounts Make Buying Bullion Cheaper

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

BULLION BARS AND COINS

Significant savings can be made on Australian gold and silver bullion coins from The Perth Mint thanks to the introduction of lower thresholds for volume price breaks.

For example, silver investors previously needed to buy 100 or more 1oz coins to receive a saving of $1.50 per coin. Under the new, lower thresholds, they can now take advantage of the same saving on an order of just 20 coins.

Even more remarkable, the saving of $3.50 per coin that previously began on orders for 500, now applies to purchases of only 100 or more 1oz coins.

The new volume thresholds mean similar savings also apply on 1kg, 10oz, 5oz, 2oz and 1/2oz coins, making it more affordable than ever to stack silver in any of these popular sizes.

There’s equally exciting news for investors purchasing 1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz gold bullion coins.

Incremental savings now apply on volumes of 5, 20 and 50. As an example, buyers of 1oz gold bullion coins will save around $17 per coin when buying just 20 or more.

Comprehensive details about the price per coin under our new volume pricing structure are available on individual product pages at www.perthmintbullion.com.


The Perth Mint has boxes, trays and 20-coins rolls for customers taking advantage of volume discounts.



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