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The Perth Mint has announced the Australian Platypus, a new 1oz investment coin made from 99.95% pure platinum. Issued as legal tender under the Australian Currency Act 1965, the new coin depicts a diving platypus by Perth Mint designer Natasha Muhl. No more than 30,000 coins will be issued in 2011, with all subsequent annual releases subject to the same limited mintage. The new coin fills a gap in the Mint’s line up of investment coins, which has existed since the withdrawal of the platinum Australian Koala in 2000. Sales & Marketing Director Ron Currie said there was renewed demand for platinum, one of the rarest elements in the Earth's crust, following a tremendous ride in 2010 which delivered double digit percentage gains to investors. “Once again we’re pleased to be offering the Australian Bullion Coin Program in a trio of precious metals – gold, silver and platinum,” he said. “Growing interest in platinum, limited availability and a beautiful animal design provide plenty of incentive to acquire this stunning addition to the range.” The platypus is an extraordinary member of Australia’s native animal kingdom. An egg-laying monotreme (a distinction is shares with the echidna), the platypus is found in the fresh water lakes and streams of eastern Australia where it forages for prey with a highly sensitive bird-like bill. Significant in Australian culture, the platypus appears in children’s literature, as a sporting mascot, and also on Australia’s 20 cent circulating coin. Introduced to Perth Mint distributors during the World Money Fair in Berlin between 28 and 30 January, the 1oz Australian Platypus is available from The Perth Mint and its authorised dealers from 1 March 2011. The Perth Mint is aiming to become a leading supplier of bullion bars and coins to China. The gold market there is booming and growth looks like it will be sustained as Chinese citizens grow in wealth. Banking official Zhou Ming said recently that demand for physical gold and gold-related investments was growing at an "explosive" pace, adding that interest in silver was “voracious”. And with Beijing actively promoting retail consumption by increasing the number of banks allowed to import bullion, there’s a golden opportunity for us to position Australia as one of the leading suppliers to this huge market. The Perth Mint, home of Australian precious metals since 1899, produces gold and silver coins and Gold bullion to suit all types of investment, and is a highly-regarded Australian institution. Please visit the offcial site for the actualized purchase gold
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perth mint, bullion investment, bullion, gold coins, silver coins, gold bullion bars, silver bullion bars,
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