The Perth Mint, established in 1899 and located in Hay Street, East Perth, Western Australia, is the authorized Bullion Mint for Australia; therefore, it is unquestionably authentic.
In addition to buying and trading bullion, it operates a refinery, performs analytical solutions, and hosts a whole exhibition at its headquarters! The most significant, heaviest, and the most expensive gold coin was produced by the Mint in October 2011, shattering the previous best held by the Royal Canadian Mint. Keep reading to learn about Perth Mint coins available in different varieties.
History of Perth Mint Coins
In 1899, the Perth Mint was built. It was initially one of the Royal Mint’s three Australian divisions. Sydney Mint & Melbourne Mint, the other two subsidiaries, are no longer in existence.
In 1896, Sir John Forrest laid the cornerstone for the Perth Mint. To properly utilize the riches from the gold rush, the British Empire established mints in Australia, producing innumerable gold sovereigns & half-sovereigns. The Perth Mint produced about 735,000 half-sovereigns from 1899 to 1931. Australia’s population grew due to the discovery of abundant gold reserves in the British colony’s Coolgardie, Kalgoorlie, & Murchison regions.
The Royal Canadian Mint’s previous high was surpassed by the Perth Mint in 2011. The Perth Mint unveiled a coin that measured 31 inches in diameter, 4.7 inches, weighed 2.231 troy ounces, and was made of 99.99% pure gold, shattering the previous records for the nation’s most prominent, heaviest and also most precious gold coin.
Popular Perth Mint Coins
Find popular coins available on many online platforms.
Australian Gold Nuggets
The Perth Mint introduced this coin program in 1987 when it was granted authority to strike and market currency coinage in gold and silver numismatic coins. There are several different weights of gold nuggets, including 1/20 oz, 10/1 oz, 1/4 oz, 2 oz, 10 oz, and 1 kilogram. While the image of Queen Elizabeth II on the obverse by Ian Rank-Broadley has not changed over the years, the Red Kangaroos on the backside have.
Kookaburra Silver in Australia
Since its initial release in 1990, the Silver Kookaburra has grown among the most well-known silver coins in the entire globe. Each coin is made with 0.999 pure silver and comes in different weights (1 KG, 10 oz, 2 oz, and 1 oz).
Additionally, this coinage program issues coins with yearly variations in design. Only one design has been used more than once in the whole series. To mark the coin’s 25th anniversary in 2015, the Mint has used the Kookaburra design that appeared in the initial 1990 issue.
Australian Lunar Sequence
The Perth Mint has been celebrating the Chinese calendar since 1999 by issuing coins with the animal of the year depicted on them. This coin program, offered in both gold and silver varieties, has grown into an annual event because the various designs keep traders and enthusiasts on the edge of their seats as they wait impatiently for the next issue.
The Mint is currently administering the Lunar Series II coin project. The gold coin is produced using 0.9999 pure gold, while each silver coin is made using fine silver that is 0.999+. Some people have taken up the pastime or passion of collecting every coin in this illustrious series over the years since it allows them to increase their holdings of gold bullion while also acquiring coins with incredibly eye-catching patterns.
Conclusion
Today, the Perth Mint offers the gold sector first-rate refining services and creates a wide range of commemorative products for investors and enthusiasts. The output of refined gold was estimated to be a whopping 4,500 tons up until 2000. This quantity made up 3.25 percent of the entire quantity of gold mined by people up to this point. The abovementioned coins are readily available for purchase on authentic websites.
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