The Perth Mint has announced that it will resume taking orders for a popular range of gold and silver bullion coins from 12 January 2009.

The announcement follows an earlier Perth Mint communication advising clients that as a result of unprecedented worldwide demand, it had been forced to close its new order book for gold and silver bullion coins, except its 1oz Kangaroo gold bullion coin. Orders for popular numismatic products and Depository/Certificate products were, and continue to be, unaffected.

Due to its reputation and extensive connections in the bullion market, the Western Australian State-owned Mint continues to have no problem sourcing wholesale gold and silver. The decision to temporarily suspend taking new orders for gold and silver bullion coins was purely a result of the 100 per cent utilisation of its production capacity.

As of 12 January, the Mint will be resuming orders for a streamlined range of 1oz and 1kg Australian Koala, Australian Kookaburra and Australian Lunar silver bullion coins, as well as 1oz Lunar gold bullion coins.

By limiting the range to these coins and the 1oz Kangaroo gold bullion coin, the Mint expects to be able to increase production volumes from existing production capacity. (more…)

In a market-leading initiative designed to help create a new generation of coin collectors, The Perth Mint has announced Young Collectors, the first Australian legal tender coin program exclusively designed, packaged and priced for 8 to 12 year-old children.

With the number of mature-aged collectors in decline around the world, Perth Mint Sales and Marketing Director Ron Currie said that the industry was in agreement that new initiatives were needed to boost participation in one of the world’s oldest hobbies.

“Young Collectors is set to tackle the challenge with a program of annual releases portraying themes appealing to children,” he said.  “It starts in 2008 with the release of 12 Australian Animal $1 coins on brightly illustrated information cards.”

Mr Currie said that the program would also appeal to adult collectors wishing to share their passion for coins.  “We’re hopeful that they will see Young Collectors as the ideal way of igniting young people’s interest in the hobby.  Consequently, we’ll be promoting the program as a great gift idea, particularly for people looking for traditional toys with educational value and enduring appeal.”

Featuring the Wedge Tailed Eagle, Grey Kangaroo, Australian Sea Lion, Palm Cockatoo, Echidna, Platypus, Ghost Bat, Common Wombat, Green Turtle, Splendid Wren, Frilled Neck Lizard and Whale Shark, Young Collectors portrays many popular Australian animals.  Each coin’s accompanying presentation card offers fascinating animal facts validated by expert staff from two leading Australian Museums. (more…)

The second release from The Perth Mint’s innovative Orbit and Beyond Series celebrates Yuri Gagarin, Soviet cosmonaut and national hero, who became the first human in space and the first to orbit the Earth on 12 April 1961.

Struck by The Perth Mint, the coin comprises 1oz of 99.9% pure silver with a central core made of non-precious metal.

Coloured Reverse Design

The coin’s reverse comprises the border inscription 1961 FIRST MAN IN SPACE – YURI GAGARIN and a montage of coloured images symbolising his epic journey. Blasting-off in Vostok 1 from Baikonur in Soviet central Asia, Gagarin completed a single orbit of the Earth in 108 minutes before re-entering the atmosphere and parachuting back to the Soviet Union.

Unique ‘Orbital’ Coin Construction

Thanks to the coin’s unique construction, these design elements literally ‘orbit’ around a coloured representation of Earth. (more…)