2017-09-06 Wed

Australia’s official bullion coin program is set to showcase the nation’s symbolic kangaroo on three precious metals. The Australian Kangaroo evolved from classic pure gold coins, ranging from 1/10oz to 1 kilo to include a 1oz pure silver release in 2016. From 2018 it will also feature a 1oz pure platinum edition.

The pre-eminent series now is fully ready to grow its market share across leading precious metal investment regions of Australia, Asia, Europe and North America. Perth Mint’s Chief Executive Officer Richard Hayes says the decision to expand our premier bullion series will further enhance our position in the global market.

The Australian Bullion Coin Program offers the widest range of coin weights and sizes in the world. Coupled with select mintage limits and new designs which capture Australia’s fauna and the animals of the Chinese zodiac, the program’s popularity continues to grow.

The Mint has achieved amazing sales figures in an unpredictable market and this clearly depicts Mint’s resilience and its superior suite of products.

Mr. Hayes also adds in the current scenario, investors are watchful as they wait for the outcome of several world events. However, he believes they clearly do not understand that precious metal is one asset class which progresses against uncertainty, making it a safe haven for their wealth in the long run.

To complement the Australian Kangaroo, the pure silver Australian Kookaburra is available in a 1oz, a 10oz, and a 1-kilo coin, while the silver Australian Koala is released as a 1oz and a 1-kilo issue. As 2018 heralds the Year of the Dog, the Australian Lunar series also presents gold coins ranging from 1/20oz to 1 kilo, and silver coins from 1/2oz to 10 kilos.

The Australian legal tender status of each coin assures its weight and purity of 99.99% pure gold or silver, and 99.95% pure platinum. The Mint has high hopes for the new designs and will begin the release of its bullion program over the coming months. Australian Lunar series will be available from September, followed by the Australian Kookaburra and Australian Kangaroo in October, and the Australian Koala in January.