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Perth Mint fine-tunes silver bullion coin range to suit customer needs

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Published : April 13th, 2016
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Category : GoldWire

BULLION BARS AND COINS

Australia offers one of the world's best-known bullion programs for precious metal buyers. Including a range of iconic coin series, the program has been manufactured and marketed by The Perth Mint on behalf of the Australian Government since 1986.

This year, the Mint has fine-tuned its line-up of silver bullion coins to meet the needs of more buyers. The changes have been extremely well-received, further boosting Australia's position among the world's leading manufacturers of trusted investment coins.

Australian Kangaroo

A new addition to the program in 2016, the Australian Kangaroo is struck from 1oz of 99.99% (four nines) pure silver. Fabrication costs are kept to a minimum by mass-producing this coin on a high-speed press, making it a highly economical way for buyers to acquire silver in the form of official legal tender.

The Silver Kangaroo can be purchased individually, in tubes of 25, and in 'monster' boxes of 250.

Australian Koala

The 2016-dated 1oz Australian Koala has a limited mintage of 300,000 coins - the first in the history of this previously unlimited series. Unusual in the bullion coin market, a limited mintage can add to a coin's desirability because of its potential rarity on the secondary market. In some instances, sought-after bullion coins have been known to command a 'collector' premium over and above the price of their metal content.

The Koala series also includes a 1 kilo option.

Australian Kookaburra

The annual Australian Kookaburra is arguably Australia's most internationally admired silver bullion coin series. When they were introduced in 1990, Kookaburras set a new benchmark for the quality of bullion coins worldwide. Made with specially prepared dies, they continue to feature highly polished designs on delicately frosted tables (a style that gave rise in the U.S. to the term 'reverse proof'). 

Available as a 1oz coin with a maximum mintage of 500,000, the latest Kookaburra may also be purchased in 10oz and 1 kilo sizes.

Australian Lunar

Sharing the exceptional finish of its established stablemates, the Australian Lunar was the world's first major bullion coin series to celebrate the 12 animals of the Chinese lunar calendar. Again, annual 1oz coins are restricted to a maximum mintage of 300,000 worldwide - which has seen them become established favourites with collectors and gift-buyers as well as investors who together ensure these coins sell out annually.

Celebrating the Year of the Monkey in 2016, Lunar coins come in six other sizes ranging from 1/2oz up to a massive 10 kilos.

Australian Wedge-tailed Eagle

The Australian Wedge-tailed Eagle coin design is the result of collaboration between The Perth Mint and John Mercanti, the former Chief Engraver of the U.S. Mint. Recognised internationally for his outstanding work, John created a stunning portrayal of Australia's largest bird of prey for the 2014 and 2015 coins in this series and another exceptional representation for this year's stunning 1oz release.

In common with the Koala, Kookaburra and Lunar bullion coin series, the Wedge-tailed Eagle is made from 99.9% (three nines) pure silver. 

Volume Discounts

Issued as Australian legal tender - their guarantee of weight and purity - these Australian bullion coins are sold subject to live pricing - the latest Perth Mint silver spot price plus a fabrication charge and sales premium. Generally, the fabrication cost associated with larger coins represents a lower percentage of the overall retail price, allowing buyers to reduce the cost they pay per ounce. The Perth Mint also offers a sliding scale of volume discounts, once again allowing buyers to reduce their cost per ounce.

Customers in Australia and Asia may purchase these silver bullion coins at www.perthmintbullion.com while buyers everywhere are welcome to order over the telephone on 1300 201 112 / +61 8 9421 7275.

 

Data and Statistics for these countries : Australia | All
Gold and Silver Prices for these countries : Australia | All
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