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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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World Silver Survey 2017

Topics [ Silver Price silver market ]

The Silver Institute, an international association drawing its membership from organisations in the silver industry, has released its 27th annual World Silver Survey. Produced by the GFMS Team at Thomson Reuters, the latest survey offers global supply and demand statistics for 2016.

Some key findings of the latest World Silver Survey:

 • The annual average silver price rose 9.3% in 2016 to USD 17.14 per oz, its first rise since 2011.

 • On the supply side, total supplies fell 32.6 million ounces (Moz) to 1,007.1 Moz.

 • Global mine production recorded its first decline since 2002, down 5 Moz to 885.8 Moz.

 • Others key supply factors included less silver scrap, and a contraction in producer hedging.

 • Total physical demand fell by 11 percent in 2016 to 1,027.8 Moz, pulled lower by weaker offtake for jewellery, silverware and retail investment.

 • Physical and exchange-traded product investments fell to 253.8 Moz in 2016, down 7 percent from 2015. Demand for coins and bars declined 83.9 Moz to 206.8 Moz compared to 2015.

 • Industrial applications, the largest component of physical silver demand, were lower by just 1 percent, reaching 561.9 Moz.

 • Demand from the photovoltaic industry jumped 34% in 2016 to a record high of 76.6 Moz, largely on increased requirements for solar panels in China and the United States.




Click here to read the full World Silver Survey 2017 9 (12.57 MB pdf)

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Monthly Sales – April 2017

Topics [ silver bullion coins minted bars gold bullion coins ]

Total ounces of gold and silver sold by The Perth Mint in April 2017 as coins and minted bars:

  - Gold (Au): 10,490 oz

  - Silver (Ag): 468,977 oz



This chart shows total monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.



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Bullion coin update – sold out and new

Topics [ silver bullion coins Australian Kookaburra ]

SOLD OUT 2017 Perth Mint Silver Swan 1oz Bullion Coin

With a limited mintage of 25,000, the first Silver Swan coin proved highly desirable among Australian bullion coin enthusiasts. Glowing reactions to its elegant design, which drew inspiration from Perth’s historic association with Cygnus atratus, translated into a super quick sell out at the Mint. Such was the strength of demand that a number of would-be buyers were left disappointed by its rapid take up. On a positive note for those that missed out, prospects for a 2018 release are currently being firmed up. 

SOLD OUT 2017 Year of the Rooster 1oz Silver Bullion Coin with Lion Privy

Anyone who secured the first privy mark coin of 2017 now has something to crow about. Not surprisingly, the Lunar Rooster silver release with a small Bavarian lion in the coin table proved exceptionally popular in Germany – one of the strongest international markets for Australian bullion. With only 30,000 coins in the mintage, our remaining stock was rapidly depleted by those keen to add this special rooster to their bullion nest eggs.

NEW  2017 Australian Kookaburra 1oz Silver Bullion Coin with Shark Privy Mark

Another privy mark coin to be hooked while stock remain, this Kookaburra release incorporates a miniature image of a great white shark. Perfect for investors looking to sink their teeth into silver, no more than 50,000 will be released worldwide.

To acquire this new privy mark silver coin in Australia visit The Perth Mint Bullion Trading Room at 310 Hay Street in East Perth, or call our Bullion Line on 1300 201 112. Alternatively, registered clients can order online at perthmintbullion.com.



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