The Perth Mint of Australia has a number of new product releases that go on sale today. For collectors in the United States, sales for each product will begin on April 2, 2012 at 12:01 PM ET.
At the top of the list is the 2012 Year of the Dragon Silver Ten Coin Set. This is the latest in a string of numismatic products released for the coin series, which has been very well received by collectors.
The ten coin set includes nine different colored 1 oz. 2012 Year of the Dragon Coins. The colors are red, blue, brown, purple, silver, white, yellow, black, and gold. Completing the set is a 1 oz. silver bullion coin with the traditional finish. This ten coin set is limited to 2,500.
Some collectors have pointed out that a similar set was distributed only in China. This set contained nine colored coins and was limited to 20,000. A black and red colored dragon was also released for the Berlin World Money Fair, limited to 10,000.
The Perth Mint has also released a 1 kilogram sized 2012 Australian Silver Koala Proof Coin. The coins feature a reverse design depicting a sleepy Koala on the branch of a Eucalyptus tree.
The mintage limit is low at just 500 pieces.
I believe this is the first time the Perth Mint has offered the 1 kilo sized proof coin for the series. Last year, a five ounce silver proof coin was available.
On the the end of the spectrum, the Perth Mint will also begin sales of the tiny 1/10 ounce sized 2012 Silver Koala.
Featuring the same reverse design, the coins have a diameter of 20.60 mm and thickness of 2.00 mm. The weight is 3.135 grams or 0.10 troy ounces. The legal tender denomination is 10 cents.
Continuing the tiny theme, the 2012 Mini Roo was released last week. The coins are struck in 0.5 grams of .9999 fine gold. This equates to 0.016 troy ounces, which would have an intrinsic value of $26.91. The current pricing on the Perth Mint’s website is US $56.20.
Obviously, these coins don’t make sense from a precious metals investment perspective. Generally, the smaller the gold coin is, the greater its premium to intrinsic value. However, the small size does provide one of the lowest pricing points available for a gold product and it makes for an interesting collectible as one of the world’s smallest gold coins.