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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 ...
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 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.
From 1953 to 1964, the Perth Mint struck all of Australia's halfpennies, excluding 1959 (when they were struck by the Melbourne Mint). In 1953, the Perth Mint situated a mintmark dot after "Australia", whereas from 1960 to 1964, they placed the dot after the word "halfpenny".
The coins are sold at prices that reflect the current price of platinum, and not at the face value printed on the coin. Since November 1986, Perth Mint has used more than 18 tonnes of platinum for minting. About 85% of them were sold abroad making the Gold Corporation (owner of the Mint) one of Australia's top 30 export earners. [12]
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. [4]
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