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Pallion designs, manufactures, and distributes precious metal products and related services. It is the largest precious metal services group in Australasia. [1] [2] Pallion is the result of the merger in 2014 [3] [4] of the ABC Bullion and Palloys Group of companies founded in 1972 and 1951 respectively.
Perth Mint originally intended to expand the 2013 mintage to one million coins, however, they later reduced this number to 500,000 and declared that future years would continue to be limited to this amount. [3] In addition to the annual design change, there is also a design change between the bullion and proof versions of the coin each year.
Gold ingot from the Perth Mint. The Perth Mint is Australia's official bullion mint and wholly owned by the Government of Western Australia. [3] Established on 20 June 1899, [4] two years before Australia's Federation in 1901, the Perth Mint was the last of three Australian colonial branches of the United Kingdom's Royal Mint (after the now-defunct Sydney Mint and Melbourne Mint) intended to ...
The Australian Gold Nugget, also sometimes known as the Australian Gold Kangaroo, [1] is a gold bullion coin minted by the Perth Mint.The coins have been minted in denominations of 1 ⁄ 20 oz, 1 ⁄ 10 oz, 1 ⁄ 4 oz, 1 ⁄ 2 oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold.
Under United Kingdom law, a bullion coin may be marketed as a coin if it is minted after 1800, is at least 900 thousandths fine, and are (or have been) legal tender in their country of origin. [2] Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins".
Perth Mint, Australia Today the United States Mint is largest mint manufacturer in the world, operating across six sites and producing as many as 28 billion coins in a single year. [ 2 ] Its largest site is the Philadelphia Mint which covers 650,000 square feet [ 3 ] (6 hectares) and can produce 32 million coins per day.
The Silver Kangaroo is a silver coin originating from Australia and produced at the Perth Mint. This is a bullion coin meant for investment in silver. An Australian silver kangaroo coin, produced at the Royal Australian Mint (RAM), is collected for its numismatic value. The obverse of the coin always depicts Queen Elizabeth II.
The Dragon Rectangular Coin is a bullion coin produced by the Perth Mint since 2018. [1] [2] Resembling a cross between conventional gold and silver coins and gold and silver bars, the silver coin has a face value of one Australian dollar, while the gold version has a face value of one hundred Australian dollars. [3]
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