Perth Mint 2013 Gold and Silver Bullion Coins Declared Mintages

The Perth Mint has recently provided the declared mintages for all of their 2013-dated gold and silver bullion coins. I wanted to take a look at these figures in more detail since they show some noteworthy shifts from the prior year.

Some of the Perth Mint’s bullion coins are subject to stated maximum mintage levels. These can either sell out at the maximum or have production closed off before the maximum is reached at a declared mintage level. Other bullion coins do not carry a maximum. In this case, production is closed-off at a certain point and a declared mintage is provided.

year-of-the-snake-silver-cu

Australian Lunar Series II Silver Bullion Coins
2013 2012 Change
1/2 oz 160,616 389,161 -58.7%
1 oz 300,000 300,000 0.0%
2 oz 56,133 118,738 -52.7%
5 oz 20,552 31,664 -35.1%
10 oz 28,213 47,390 -40.5%
1 kg 30,966 54,083 -42.7%
10 kg 200 234 -14.5%

The Australian Lunar Series II 2013 Year of the Snake Silver Bullion Coins were available in sizes ranging from 1/2 oz to 10 kg. There were maximum mintages of 300,000 for the 1 oz size and 200 for the 10 kg size, with the remaining sizes not subject to a maximum.

As is typically the case, the 1 oz size achieved a quick sell out of the maximum mintage. This year, the 10 kg coin also achieved a sell out at 200 pieces. In the previous year, the maximum for this size had been set at 500 pieces. The declared mintages for all other options fell reflecting reduced demand compared to last year’s incredibly popular Year of the Dragon design.

year-of-the-snake-gold-cu

Australian Lunar Series II Gold Bullion Coins
2013 2012 Change
1/20 oz 15,598 23,322 -33.1%
1/10 oz 23,700 33,059 -28.3%
1/4 oz 16,159 18,620 -13.2%
1/2 oz 14,681 19,370 -24.2%
1 oz 30,000 30,000 0.0%
2 oz 6,693 5,986 11.8%
10 oz 981 1,087 -9.8%
1 kg 256 241 6.2%
10 kg 11 3 266.7%

The Year of the Snake gold bullion offerings were available in sizes ranging from 1/20 oz to 10 kg. The 1 oz size carried a maximum mintage of 30,000 and the 10 kg size was limited to 100 pieces.

Once again, the popular 1 oz sized coins achieved a full sell out of the maximum mintage. Each of the fractional sized coins saw declines compared to the prior year, likely due to lower demand compared to the prior year Dragon design. Three out of the four sizes above 1 oz saw gains compared to the prior year. At this level of investment it seems to be the case that purchases are driven more by investment demand and less influenced by design.

2013-silver-kookaburra

Australian Kookaburra Silver Bullion Coins
2013 2012 Change
1 oz 500,000 500,000 0.0%
10 oz 24,481 25,608 -4.4%
1 kg 41,911 51,596 -18.8%

The 2013 Australian Kookaburra Silver Bullion Coins were available in either 1 oz, 10 oz, or 1 kg sizes. Initially, a maximum mintage of 1,000,000 was announced for the 1 oz size, however later in the year the mintage was declared at 500,000, which had been the maximum in the previous year.

The 1 oz size reached the adjusted maximum, while declines were seen for the other two sizes.

silver-koala-mnb

Australian Koala Silver Bullion Coins
2013 2012 Change
1/2 oz 84,184 118,577 -29.0%
1 oz 477,209 388,046 23.0%
10 oz 15,642 17,132 -8.7%
1 kg 51,296 19,511 162.9%

The 2013 Australian Koala Silver Bullion Coins were offered across four different sizes ranging from 1/2 oz to 1 kg. There were no maximum mintages established for any of the sizes.

Interestingly, the 1 kilogram size coins saw a big jump of 162.9% compared to the prior year. Readers may recall a period in April 2013 when the price of silver dropped sharply and demand for silver bullion surged, driving premiums to extreme levels. The Perth Mint decided to focus production on certain products to keep premiums low. One of these products was the 1 kilo Silver Koala. Their strategy worked as I found their products to carry the lowest premiums at this time, which likely resulted in taking market share from other higher premium bullion products.

gold-kangaroo-mnb

Australian Kangaroo Gold Bullion Coins
2013 2012 Change
1/10 oz 53,992 57,706 -6.4%
1/4 oz 31,298 26,525 18.0%
1/2 oz 45,757 23,513 94.6%
1 oz 340,681 198,049 72.0%
1 kg 308 189 63.0%

The 2013 Australian Kangaroo Gold Bullion Coins were available in five sizes ranging from 1/10 oz to 1 kg. Maximum mintages were established at 200,000 for 1/10 oz, 150,000 for 1/4 oz, 100,000 for 1/2 oz, and 350,000 for 1 oz.

Sales for all options except for the 1/10 oz were higher compared to the prior year, with big gains seen for the 1/2 oz, 1 oz, and 1 kilo sizes reflecting higher investment demand. The 1 oz size nearly reached its maximum mintage.

platinum

Australian Platypus Platinum Bullion Coins
2013 2012 Change
1 oz 2,000 26,580 -92.5%

The 2013 Australian Platypus Platinum Bullion Coins saw an sharp decline in sales, amidst decreased investor demand. The 1 oz size had its mintage capped at just 2,000 pieces. This was down from sales of 26,580 in the previous year and down from 30,000 pieces for the 2011-dated inaugural issue.

New Product Releases Next Week

This week, the Royal Canadian Mint started accepting pre-orders for Master’s Club members for their latest numismatic product releases. These include the start coin from a new Seven Sacred Teachings series, the latest silver coin incorporating Venetian glass, ultra high relief gold and silver coins, the first 1/2 kilogram silver coin, and more. Full coverage will be provided when sales open to the general public on April 1.

Next week on March 31, the Perth Mint of Australia will be accepting orders for their latest releases. The product schedule lists the 2013 Australian Sovereign, 2014 Australian Kookaburra High Relief Silver Proof Coin, the latest releases in the Land Down Under series, and more.

Once available, the new products will be found here. Coverage will be provided shortly following the release.

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Comments

  1. fmtransmitter says

    I guess I am confused because I have that Kook already, maybe just bullion. I started with the HR Kooks in 2012 NGC 70 so I have two, 12 and 13 in PF 70. Will look around for this one. If anyone knows what dealer usually offers at a good price, let me know. I guess I will look to Direct Coin, they seem to always have these and quick, they are right down the road from NGC in a huge warehouse the guy said.

  2. Koichi Ito says

    Who want to buy or purchase 10 kilogram gold and silver bullion lunar calendar coins from Perth Mint?

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