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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Australian Swan bullion coins return with highly appealing new design

Topics [ silver bullion coins Australian Swan gold bullion coins ]

Highly prized Australian Swan gold and silver bullion coins are back in 2018 with another superb design – this time portraying a mother and her baby cygnet.

 

Swans are widespread throughout Australia, although the white feathered species are seldom seen. Cygnus atratus, which breeds mainly in the continent’s southeast and southwest regions, has black plumage except for the white tips of its wings.

These birds are culturally significant in Western Australia. In 1697, Dutch explorer Willem de Vlamingh noted numerous black swans living in the estuary of what he named the 'Swaanerivier'.

In 1829, the British established Perth as the chief settlement in what was then known as the Swan River Colony. Today, the bird’s iconic status is reflected in both our state flag and coat of arms.

Not surprisingly, the swan was also chosen as the emblem of The Perth Mint.

Australian Swan 2018 1oz Gold and Silver Bullion Coins

We’re pleased to announce the second annual release of Australian Swan bullion coins for investors.

Following last year’s extraordinary success, which resulted in the rapid sell out of both 2017 coins, the Mint is anticipating a similar level of buyer interest.

Struck from 1oz of 99.99% pure gold and 1oz of 99.99% pure silver, the 2018 coins feature mintages more in keeping with numismatic issues - just 5,000 gold coins and 25,000 silver will be released worldwide.

As well as valuable precious metal investments, the charm of the mother and baby swan design will ensure these coins are also a pleasure to own.

To avoid disappointment, registered clients should order online at perthmintbullion.com as soon as possible. Enquiries are also welcome at our Bullion Trading Room, open seven days a week at 310 Hay Street, East Perth, or through Customer Services on 1300 201 112 during normal business hours.

Call to order now
Purchase now only by calling Customer Service on 1300 201 112. Due to the popularity of this product, orders from The Perth Mint will be limited to three gold coins and 10 silver coins per person for 48 hours after release. 

Australian Swan bullion coins are also available from Bullion Money and Apmex.



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New effigy of the Queen on Australia’s coins

Media Release - 22 April 2018
from The Hon Michael Sukkar MP
Assistant Minister to the Treasurer

The Government today announced that Australia will adopt a new effigy of Her Majesty Queen Elizabeth II on all circulating and collector coins.

The new effigy of the Queen will be only the sixth to feature on Australia’s coins since Her Majesty’s accession to the throne in 1952.

The effigy was designed by Jody Clark, an engraver for the United Kingdom’s Royal Mint. Jody Clark’s original effigy was chosen through a competition commissioned by the United Kingdom’s Royal Mint Advisory Committee and has been in use in the United Kingdom since 2015.

The effigy to feature on Australian coins is an adaptation of Jody Clark’s original drawings. Her Majesty is portrayed wearing the Royal Diamond Diadem, which was worn for The Coronation. In keeping with tradition, Her Majesty continues to face to the right.

Assistant Minister to the Treasurer, the Hon Michael Sukkar MP, welcomed the change: “The Government is upholding the tradition of periodically updating Her Majesty’s image on Australia’s coins. This new effigy will replace the Ian Rank-Broadley effigy which has been in use since 1998.”

Australians can expect to start seeing the new effigy on 2019 dated coins.

It may take some time before these coins appear in people's change as the new coins will be distributed through banks across Australia as a first priority.

Coins bearing previous effigies of Her Majesty will not be removed from circulation and will continue to be legal tender.

Ends.

Note: The Perth Mint will be phasing in the new effigy of H.M. Queen Elizabeth II on some Australian bullion and collector coin series from 2019.



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The Perth Mint saddened by death of Stuart Devlin

The Perth Mint was saddened to learn of the passing of master coin designer, Geelong-born Stuart Devlin AO, who died peacefully on Thursday 12 April, aged 86.

Mr Devlin, who designed Australia’s decimal coinage, as well as coins for 36 other countries, had a close involvement with The Perth Mint.

He was commissioned to design the original proof issue of the Australian Nugget gold coin series, featuring four of Australia’s most remarkable nugget discoveries, in 1986.

He also designed the now iconic ‘red’ kangaroo, which has appeared on Perth Mint bullion coins since 1990.

Mr Devlin again showcased his extraordinary design skills for the Sydney 2000 Olympic Coin Program.

He designed the eight gold and 17 silver commemorative Sydney 2000 coins, two in collaboration with Australian Olympic hockey gold medallist Nova Peris. Mr Devlin considered the largest of the coins, the Silver Kilo Olympic Masterpiece depicting all 28 sports of the Olympics, to be “the pinnacle” of his coin design achievements.

Describing Mr Devlin as “almost the Leonardo da Vinci of our time,” The Perth Mint’s Chairman, Don Mackay-Coghill, cited the “breadth of Stuart’s designs, through jewellery, coins, silverware, architecture, furniture, even surgical instruments.”

Mr Devlin’s repute was highlighted by his appointment as Goldsmith and Jeweller to Her Majesty Queen Elizabeth II in 1982.



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Gold price to stay stable says Chief Economist

Topics [ gold prices ]

Investors prepared to hold gold over the long term will be encouraged by the latest findings from the Office of the Chief Economist at Australia's Department of Industry, Innovation and Science.

According to its latest forecast, the price of gold will be driven by the metal’s safe haven status to an average of USD 1,350 an ounce in 2019.

Following a predicted drop in the price of gold in 2020, declining world mine supply will help it regain momentum in 2021-23.

Publishing details of its analysis in the March 2018 edition of Resources and Energy Quarterly, the Office says it expects Australian dollar gold prices to remain steady over the outlook period as higher world prices offset unfavourable moves in the exchange rate.

According to experts, gold can play a valuable role in any investment portfolio. An asset that’s been shown to withstand depreciation over time, gold has traditionally displayed a negative correlation to equities and may play a role in mitigating overall losses in volatile markets.



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The ultimate coin for silver investors in the Year of the Dog

Topics [ Year of the Dog silver bullion coins Australian Lunar ]

This giant bullion release from the annual Australian Lunar Series is struck from 10 kilos of 99.99% pure silver. Suitable for investors looking to mark the 2018 Year of the Dog in unique style, the coin is issued as Australian legal tender.

The coin’s reverse depicts a German shepherd and its pup. A highly intelligent breed, the dogs are renowned as both popular pets and obedient working animals. Each portrayal is hand-finished with meticulous attention to detail for a highly polished surface which stands out brilliantly from the coin’s frosted background.

The design also incorporates the Chinese pinyin character 狗 – meaning ‘dog’, and the English inscription ‘Year of the Dog’.

The Australian Lunar 2018 10 Kilo Year of the Dog Silver Bullion Coin is made by The Perth Mint exclusively on a mint-to-order basis. No more than 100 will ever be produced, ensuring its enduring rarity.

To order a coin, visit www.perthmintbullion.com, call customer services on 1300 201 112 / +61 8 9421 7218, visit our Bullion Trading Room at 310 Hay Street in East Perth, or talk to your local authorised distributor.



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Monthly Sales – March 2018

Topics [ Monthly sales figures ]

Total ounces of gold and silver sold by The Perth Mint in March 2018 as coins and minted bars:

  - Gold (Au): 29,883 oz

  - Silver (Ag): 975,921 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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