More Silver Bullion Coins Sell Out

The Perth Mint has achieved more sell outs with news concerning two recent silver bullion coin issues

. The full 300,000 mintage of our 2010 1oz Australian Kookaburra silver bullion coin is now fully allocated to our international coin distribution network. Also, the entire 300,000 mintage of the 2009 1oz Year of the Ox silver bullion coin is similarly accounted for. The Perth mint will not be making any more of these coins and customers are urged to contact their usual suppliers promptly if they are still keen to acquire these popular issues before stocks run out.

According to GFMS, the world's foremost precious metals consultancy, The Perth Mint's Kookaburra, Koala and Lunar silver bullion coin series accounted for 9% of world sales in the first quarter of 2010. Dominating the market for silver bullion coins in South-East Asia, the Mint also took healthy slices of the markets in Japan and Europe, with 34% and 24% respectively, the report said. The Mint expects to improve its position in the near future through a number of initiatives, including the commissioning of a new 1,000 tonnes coin-press and a new secure storage hub for bullion in Europe.

The Perth Mint's Kangaroo Minted Gold Bars have made an impressive debut in North America. At the beginning of this year, we planned to ship approximately 50,000oz over 12 months. Well, we're only half-way through 2010 and already we've despatched the entire annual sales target in response to strong North American customer demand. Struck from 99.99% pure gold, Kangaroo Minted Gold Bars bear The Perth Mint logo on one side and attractive kangaroo motifs on the back. Available in 5g, 10g, 20g, 1oz and 10oz sizes, each bar is housed in a tamper-proof presentation card featuring a unique serial number and the signature of the Mint's Chief Assayer.

by: Perth Mint

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