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.

PLEASE READ
Our Blog Disclaimer.

Our Comments Policy.
Our Copyright Policy.

GROUP PROFILE
Our Visions, Our Values.

Categories & Topics

Display as : cloud | list

Perth Mint Bullion BlogSubscribe
« Back to full list

Silver Kangaroo bullion coin sales jump to new heights

BULLION BARS AND COINS

Sales of The Perth Mint’s 2016 Australian Kangaroo 1oz silver bullion coin have reached 10 million.

Introduced to the market in September 2015, sales of the new release were anticipated to reach 5 million coins in its introductory year.

Commenting on the coin’s worldwide success, Perth Mint Chief Executive Officer, Richard Hayes said: “Now that we can better gauge the popularity of the release, we predict sales in excess of 12 million this coming year.”

The Australian Silver Kangaroo is part of the official Australian Bullion Coin Program, which includes the renowned Australian Kookaburra, Koala, and Australian Lunar silver series. The popularity of the 1oz release in each series is especially evident, as these issues sell out of their limited mintages consistently each year.

With this in mind, the Silver Kangaroo was issued in a 1oz weight only and to an unlimited mintage. “We made sure that the new Kangaroo satisfies investors’ key aims – to secure an asset which features an Australian icon – to secure silver at an affordable price – to add 9999 fine silver to their portfolio – and to stack precious metals in convenient one ounce coins,” added Richard Hayes.

The 2016 Silver Kangaroo and the complete suite of Australian bullion coins are available from The Perth Mint’s Bullion Trading Desk in East Perth, via the BullionLine 1300 201 112 (Australia), +61 8 9421 7218 (International) or at www.perthmintbullion.com.

Blog DisclaimerComments PolicyCopyright Policy

Comment »

Confirm
No
Yes