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perth mint responds to increased phys demand

  1. 3,311 Posts.
    The Goverment-owned enterprise, The Perth Mint has increased the mintage of its 1oz Silver Bullion Kookaburra coin.
    The Perth Mint is increasing the annual mintage of its popular 1oz Australian Kookaburra silver bullion coin.
    A mintage ceiling of 500,000 has been set for the 2011 release following the sell out of all 300,000 2010-dated coins. The coin also sold out in each of the preceding two years.
    The decision to increase the 2011 mintage reflects expected demand, particularly from Europe where investors have piled money into Australian precious metals in the wake of the recent world financial and sovereign debt crises.
    Manufactured continuously since 1990, the iconic Australian Kookaburra also has a strong following among 1oz silver coin collectors because of it annual design change.
    The new design for 2011 will be unveiled to coin dealers at a launch in Frankfurt in August. Coins will be shipped from The Perth Mint commencing on 1 September 2010.
    Founded in the capital of the 'Golden' state of Western Australia more than 100 years ago, the Perth Mint is a modern, Goverment-owned enterprise recognised internationally for selling outstanding gold and silver bullion coins and bars.
    People can also buy silver online from their new website http://www.PerthMintBullion.com

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