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Perth Mint’s Swan 1-ounce Silver Bullion Coins Sold Out in 2 Days

2017-04-13 Thu

The Perth Mint released 25,000 2017 Swan 1-ounce coins on 2nd April all of which were sold within two days. The coins were promoted through social media and other media sources. The reverse depicts one of the world’s most beautiful species – a swimming swan, the inscription THE 1OZ 9999 AUSTRALIAN SILVER SWAN and Perth Mint’s P Mint mark. The bird’s long neck helps it to find food on the river bed, and its broad wings can sometimes be two meters long. The obverse features the portrait of Queen Elizabeth II, the denomination and 2017.

Perth is located near the Swan River, where one of the first colonies in the territory known as Swan River Colony, was founded in 1829. The swan became the symbol of Western Australia.

The coin is a part of an annual series whose design will keep changing every year like Koala and Kookaburra coin series from the Perth Mint. After all the coins were sold out, they are available for $55 to $60 each almost three times its actual value.