The following is a press release courtesy of Money Metals Exchange.
Money Metals Exchange, a leading U.S. precious metals dealer, has just released the half-ounce Bounty coin to the public through an exclusive arrangement with the New Zealand Mint.
Demand for half-ounce silver bullion is significant, yet few legal-tender mints (including the U.S. Mint) offer this size. That is changing with the release of the New Zealand Bounty silver half-ounce coin, which comes on the heels of last October’s successful release of the full 1-ounce version. The 1-ounce Bounty has the same content and purity as the silver American Eagle, but the difference is its far lower premium.
Money Metals Exchange expects the half-ounce Bounty coin to become as popular as the 1-ounce version. Stefan Gleason, president of Money Metals Exchange, said, “We are excited to exclusively offer this coin to U.S. silver investors. Not only does it have an outstanding value in legal-tender silver, but also its design is spectacular. No other half-ounce silver coin offers a lower premium above the silver spot price.”
The reverse design features an image of the historic HMS Bounty, a merchant vessel taken over by its own crew in mutiny in 1789 and later burned. The ship is encircled by a compass; reading clockwise from lower left are the weight and fineness: HALF TROY OUNCE .999+ FINE SILVER.
The obverse features the iconic profile of HM Queen Elizabeth II as designed by Ian Rank-Broadley, with his initials, IRB, just below the neck of the bust. The denomination, ONE DOLLAR, appears to the right of the profile; the date of issue, 2017, is below. The effigy, date, and legend are set against a field of precise, radiant lines.
The legal-tender bullion coins can be ordered from the website of Money Metals Exchange. ❑