BULLION COIN SALES FOR JUNE MIXED
We’ve updated our bullion coin sales charts for the Perth Mint and the United States Mint to cover sales in June. As usual, the Royal Canadian Mint lags behind with its figures, publishing only quaterly. The figures for July will be interesting as they should be showing the full effects of the Brexit referendum result that has upset markets worldwide.
It’s a mixed back in Perth, with gold sales following 2015’s numbers almost like for like, both down on 2013 and 2014. Sales of 31,368 ounces are the second lowest so far this year, but up 10k on May. Silver sales are back over a million ounces at 1,220,817. This represents a jump over the last two months and the third highest this year.
At the US Mint it’s a different story, with gold numbers barely off their highest in the last four Junes at 73,500 ounces. Silver is a different story altogether, down from its highest May levels in four years to almost their lowest June levels over the same period. At 2.8m ounces, sales are over 2m down on last June.
PERTH MINT’S MILLION DOLLAR COIN
In more Perth Mint news, they’ve announced the availability of a one-off proof Kangaroo gold kilo coin. Why is this news? It has a 0.54 carat red diamond inset into it and it cost $1 million. Here’s a snippet of the press release,
“The Premier of Western Australia, the Honourable Colin Barnett MLA, today unveiled the world’s first coin to feature a significant red diamond from Rio Tinto’s iconic Argyle Diamond Mine. A world exclusive from The Perth Mint, the Kimberley Treasure coin is the only coin in its class.
Valued at $1million, the breathtaking collectable has been crafted from one kilogram of 99.99% pure gold, and features a radiant 0.54 carat red diamond unearthed from the famed outback mine in the East Kimberley region of Western Australia.
The design of the coin portrays a circular pattern of stylised sunbeams surrounding a bounding red kangaroo holding the scarlet gemstone between its front paws. The original artistry is bordered by the inscriptions AUSTRALIAN KANGAROO, 2016 1 KILO 9999 GOLD, and features The Perth Mint’s traditional ‘P’ mintmark.
The unique collectable also displays the renowned Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse, confirming its status as legal tender of Australia.
“We are delighted to continue our relationship with Argyle Pink Diamonds to reveal this incredible object of desire,” said Perth Mint Chief Executive Officer, Richard Hayes.
“I encourage Perth residents and visitors to come and see this magnificent coin in our retail shop on Hay Street, where it will be on display until late August,” Mr Hayes continued.
The Perth Mint’s Kimberley Treasure coin is now available for sale, with interested parties able to acquire further details by calling +61 8 9421 7376. The Perth Mint will release only one 2016 Kimberley Treasure 1 Kilo Gold Proof Coin.”
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