Based in Western Australia, the Perth Mint is the world's leading refiner and manufacturer of government-backed gold, silver, and platinum bullion coins, appealing to collectors and investors alike.
In 1848, some of the world's largest gold deposits were discovered in Western Australia.
By 1899, the Perth Mint was established as a colonial outpost for refining, processing, and assaying the gold ore on behalf of the Royal Mint.
When the gold standard was eliminated in 1931, the Perth Mint already had struck over 106 million gold sovereign coins and 735,000 half sovereigns for circulation with the P mint mark.
Today, the mint is the largest refinery in the world following the consolidation of various entities under the Gold Corporation as a government institution.
It is considered to be one of the most technologically advanced refineries operating in the world, and many of its products are refined to 99.99% purity or .9999 fineness.
It is estimated that the Perth Mint processes roughly 10% of the world's newly mined gold.
The most popular design themes are derived from animals that are native to Australia.
The Kangaroo Coin series evolved from the "Australian Golden Nugget" series that began in 1987 and was officially renamed in 2008. These coins are minted of .9999 fine gold and are available in 1-troy ounce and fractional ounce sizes.
The design of the coins is updated annually.
Royal commonwealth tradition dictates that a portrait of the currently sitting monarch be prominently featured on the obverse of coins minted in Commonwealth countries. Several portraits have graced the front of Perth Mint coins, showing the former Queen throughout the ages. The most recent effigy of Queen Elizabeth that has adorned the front of these coins was created by Ian Rank-Bradley.
Following her death in 2022, the surround of the obverse has been updated to show memorial dates to the legendary ruler, incorporating the years of her birth and death.
Newly minted coins contain a portrait of King Charles.
The Perth Mint refines millions of ounces of raw silver ore each year to create various bullion coins for investors.
Since 2016, the Australia Kangaroo 1 oz Silver coin has been the official bullion coin minted annually. These coins are often the lowest premium silver coins on the market. Each silver Kangaroo contains one troy ounce of .9999 fine silver with a legal tender face value of $1. Random Year Kangaroo Silver Coin has become one of the most popular among investors, stackers, and preppers who want to buy the cheapest silver coin.
The reverse design features the iconic image of a bouncing red kangaroo, the largest marsupial native to Australia.
There is no set annual mintage limit for Silver Kangaroos; instead, they are minted entirely on demand from investors.
The Lunar Series continues the Perth Mint tradition of minting striking bullion coins portraying animal themes and showcasing those honored by the Chinese Lunar 12-year calendar cycle. The third generation of the Lunar Series began in 2020.
The reverse design changes each year as part of the tradition found throughout Asian cultures.
Perth Lunar Series III coins are available in silver and gold refined to .9999 purity. They are available in a variety of weights and denominations suitable for all budgets.
The Kookaburra silver coin is minted with a new design each year featuring the laughing kingfisher, a native outback bird whose chirp sounds a lot like human laughter. The coin has been an annual tradition for collectors and investors since 1990, with a limited mintage of only 500,000 coins. The design is also available in larger formats, including a ten-troy ounce and a 1 kilo coin.
The Silver Koala coin has been around since 2006. Annually, the mintage of the 1 oz Silver Koala is limited to only 300,000 coins and is in high demand by collectors and investors. The design changes annually and depicts the Koala, available in 1-kilo weights.
The Koala Coin series was established in 2007. The Koala is a marsupial native to the outback that survives by eating the leaves of the eucalyptus tree. The design is updated every year and features the laid-back charm of the animal that warms the hearts of millions worldwide.
Some investors will buy random-year Koala Silver Coins to familiarize themselves with this series. An annual mintage cap was established in 2018, limiting the number of coins produced each year. Premiums on silver koalas can increase over time, which some investors leverage to improve profits.