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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Mint hosts high profile visitor

Australia’s former Treasurer, the Honourable Joe Hockey, has particular reason to be interested in The Perth Mint. Since 2016 he has been Australia’s Ambassador to the United States of America, one of the top overseas markets for our gold, silver and platinum bullion investment products. Hosted at the historic Mint by Chairman Don Mackay-Coghill during a recent trip home, he witnessed the production of Australian precious metal coins and bars, and was briefed further about our most recent initiative for investors on the New York Stock Exchange.

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Perth Mint Physical Gold ETF debuts as first ETF with sovereign-backed gold

Topics [ AAAU ETF ]

The Perth Mint, Australia’s largest precious metals refining, minting and depository enterprise, has announced the launch of the Perth Mint Physical Gold ETF (NYSE: Arca: AAAU) on the New York Stock Exchange (NYSE).

Unique in the marketplace, AAAU is the first gold exchange-traded fund (ETF) that is backed by pure gold where that physical gold is guaranteed by a sovereign entity and offers shares that are redeemable for physical gold.

AAAU shares are backed by physical gold with a purity of at least 99.5% and secured within The Perth Mint’s network of central bank grade vaults in Western Australia. The Perth Mint may, on rare occasions, store the gold in other highly secure vaults. All the gold held on behalf of AAAU is guaranteed by the Government of Western Australia.

“With our one of a kind government guarantee and shares that are redeemable for physical gold of unquestionable quality, AAAU stands out in the ETF space,” said Richard Hayes, The Perth Mint’s Chief Executive Officer.

Mr Hayes said he believed investors would have greater confidence given the gold underlying the fund, held by The Perth Mint, was guaranteed by the Government of Western Australia. Additionally the gold is stored in one of the most secure networks of central bank grade vaults in the southern hemisphere.

“AAAU is a truly unique offering for investors as it adds a new layer to hard asset investing in the United States,” he said.

A key feature of AAAU is that investors may, at any time, exchange their shares for delivery of physical gold. Shareholders may select from an extensive suite of premium bullion bars and coins available from The Perth Mint, which is also one of the largest suppliers of gold coins to the US market.

As the refiner and manufacturer of precious metals products, The Perth Mint offers investors delivery of gold to their door.

Furthermore, the fund will pay all its expenses in gold ounces, minimizing potential tracking errors in the gold price.

AAAU combines a contemporary yet solid investment option in an asset that has held its purchasing power across centuries of economic and geopolitical upheaval.

“In an increasingly uncertain and turbulent world, the case for gold remains compelling,” said Mr. Hayes. “Investing in gold through AAAU provides investors with an alternative means away from the traditional commercial financial institutions typically located in London and New York and also serves as a potential hedge against inflation, currency risk and stock market volatility.”

Investors can learn more about AAAU and access its holding list specifying all physical gold segregated and secured for AAAU investors at www.aaauetf.com

Australian and other non-U.S. investors can access AAAU through their usual stockbroker with an international share trading account that can hold shares listed on the NYSE.

Established almost 120 years ago, The Perth Mint is renowned as a fully integrated producer of premium precious metals. The Bank of New York Mellon (BNYM) has been appointed as the fund’s trustee and Exchange Traded Concepts as its administrative sponsor.

This material must be preceded or accompanied by a prospectus.

Before investing you should carefully consider the Perth Mint Physical Gold ETF (“Trust”) investment objectives, risks, charges and expenses. Read the prospectus or summary prospectus carefully before investing.

The Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder. The value of your shares fluctuates based upon the price of the gold held by the Trust. Fluctuations in the price of gold could materially adversely affect your investment in the shares. Investors should be advised that there is no assurance that gold will maintain its long-term value in terms of U.S. dollar value in the future. In the event that the price of gold declines, the value of an investment in the shares is expected to decline proportionately.

Trust shares may trade at Net Asset Value or at a price that is above or below Net Asset Value.  Any discount or premium in the trading price relative to the Net Asset Value per share may widen as a result of the different trading hours of NYSE Arca and other exchanges.  Substantial sales of gold by central banks, governmental agencies and multi-lateral institutions could adversely affect an investment in the shares.  Because the Trust invests only in gold, an investment in the Trust may be more volatile than an investment in a more broadly diversified portfolio.  The lack of an active trading market for the shares may result in losses on your investment at the time of disposition of your shares.

The request for redemption of shares for gold is subject to a number of risks including but not limited to the potential for the price of gold to decline during the time between the submission of the request and delivery. Delivery may take a considerable amount of time depending on your location. The Trust may suspend redemptions of baskets by authorized participants and Gold Corporation may suspend or reject the exchange of shares for physical gold, which could affect the market price of the shares.  The withdrawal of an authorized participant and substantial redemptions by authorized participants may affect the liquidity of the shares.

Gold owned by the Trust may be subject to loss, damage, theft or restriction on access. Although the Trust does not insure gold held by the Custodian, the Custodian’s obligations in relation to gold owned by the Trust and held in safekeeping by the Custodian are subject to the Government Guarantee in the event the Gold is lost, damaged, or stolen.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day at 4:00PM.

Marketing Agent: Foreside Fund Services, LLC

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Monthly Sales – July 2018

Topics [ Monthly Sales ]

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

  - Gold (Au): 29,921 oz

  - Silver (Ag): 486,821 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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Fast selling Emu coin now available in gold

Topics [ Australian Emu gold bullion coins ]

Following the runaway success of the first Australian Emu 1oz silver bullion coin, The Perth Mint is pleased to announce a 99.99% pure gold version for investors.

Emus are Australia’s largest native birds. Unknown to Europeans until 17th century explorers reached the continent’s west coast, their name is probably derived from the Portuguese word ‘ema' - meaning large bird.

At up to two metres tall, emus cannot fly. Instead they’re able to sprint at 50kmh on long, powerful legs. To avoid obstacles and escape predators, the vestiges of their wings can be used like air rudders to help them change direction while moving at full speed.

Aboriginal people, who have occupied Australia for 60,000 years, have enduring cultural links with these remarkable birds. Before the ancient Greeks began scanning the heavens, indigenous people identified a constellation known as the ‘Emu in the Sky’.

2018 Australian Emu 1oz Gold Bullion Coin

Celebrated on the 2018 Australian Emu 1oz Gold Bullion Coin, the iconic creature is portrayed in an arid, scrubland setting. Superb detailing highlights the bird’s shaggy-looking plumage, which helps it survive the extreme changes in temperature that can be experienced in outback Australia.

Just 5,000 of these exceptional coins will be released. To secure this very limited opportunity, registered clients are invited to place orders on www.perthmintbullion.com.

Purchasers in Australia can also call The Perth Mint customer services on 1300 201 112, or visit our Bullion Trading Room in person at 310 Hay Street in East Perth.

International customers should contact our exclusive overseas distributor Metal Market Europe in Poland.

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