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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 ...
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.
The Perth Mint Swindle is the popular name for the robbery of 49 gold bars weighing 69 kilograms (152 pounds; 2,200 troy ounces) from the Perth Mint in Western Australia on 22 June 1982. The bullion was valued at A$653,000 at that time (equivalent to $2,587,607 in 2022).
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce.
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.
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