6 fun facts about one of the world’s most innovative mints: The Perth Mint of Australia.


The Perth Mint

The Perth Mint (Photo credit: amandabhslater)

If you’re an APMEX customer, you may know The Perth Mint as the prized destination for our annual “Escape To Australia” contest. As an investor or collector, you probably know The Perth Mint for their products. Their Gold and Silver Lunar coins are among the most beautiful and collected Chinese Zodiac coins in the world. Here are a few surprising facts about The Perth Mint that you might not know.

Rare. Many Perth Mint coins are made in strictly limited mintages, giving even their most value-priced bullion coins a dimension of collectibility.

Same Location since 1899. The Perth Mint was established in 1899 as a branch of Britain’s Royal Mint. Today, it’s one of the oldest mints in the world to operate on its original premises, despite the name change.. The Perth Mint is actually incorporated as Gold Corporation and  has two wholly owned subsidiaries – Western Australian Mint and GoldCorp USA.

Created The First Gold Bullion Series. In 1986, The Perth Mint launched the Australian Gold Nugget Coin Series, the first bullion series with a reverse (back) design that changes every year. The first few coins featured Gold nuggets. In 1989, the design switched to a kangaroo. Today, we commonly call this series the Australian Gold Kangaroo.

Biggest and Best. In 2011, The Perth Mint unveiled the biggest, heaviest and inherently most valuable Gold coin in the world. Weighing in at 1,000kg (2,204.6 pounds), this coin contains one metric tonne of 99.99 percent pure Gold and is worth more than $42.6 million at current Gold prices.

A Refinery and A Mint. There’s only one Gold refinery in Australia and it’s The Perth Mint. Between coins, bullion and industrial Gold, The Perth Mint produces more than 400 tonnes of Gold per year.

Visit Perth and The Mint. Located on the Western Shore of Australia, Perth is a bustling and beautiful city with beaches, parks and natural wonders unique to this island continent. You can also visit The Perth Mint while you’re there. In fact, you could…

WIN A FREE TRIP TO PERTH AND THE PERTH MINT!

Every fall, when the new Perth Mint coins come out, APMEX launches the “Escape To Australia” contest. Watch for it on this blog and APMEX.com.

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