Investing in Australia Perth Mint’s Coins

The Perth Mint of Australia is authorized to produce legal tender precious metals coins for sale. The mint produces investment coins in gold and silver, proof coins, numismatic coins and commemorative coins. The Perth Mint also offers storage services for Australian investment coins. This mint is among the world’s largest mint in coins production for Australia and other countries.

Investment in Precious Metals Coins as Hedge

Precious metals such as gold and silver provide a hedge against price inflation and protection during paper currencies devaluation. When countries print a lot of money, investors tend to get nervous and start to diversify their financial assets into hard assets. Gold and silver coins are hard assets that can provide investors with some level of diversification. Strong country’s economies are preferred for investing in precious metals coins because they offer security.

Investing in precious metals coins should be part of an overall investment strategy. Generally, it is recommended that investment in hard assets such as gold and silver should not exceed 10-15% of an investor’s portfolio. Australia is one of the few countries minting coins for investment. Other countries producing gold and silver coins are the United States, Canada, South Africa and the United Kingdom. Investors should evaluate these countries coins when diversifying their portfolios.

Australia Perth Mint’s Gold and Silver Coins

The Perth Mint of Australia coins are seen by many investors as solid investment in precious metals. The mint creates coin programs every few years with new designs and coinage. These designs show Australian wildlife and landscape. The Australian Koala, Kangaroos and other native animals are used in the coin designs.

Perth Mint gold and silver coins are 99.99% proof, making them very attractive to those who desire to invest in these metals. This proof level also makes the Perth Mint coins eligible for some of the precious metal Individual Retirement Accounts or IRAs. The Perth Mint produces coins in limited quantities, making them desirable to collectors. A certificate of authenticity is provided with each coin purchased from the mint certifying the coin’s metal and purity.

Special Theme Coins

The Perth Mint releases special themed coins in gold and silver to commemorate key cultural events. Some of the current themes and/or designs released include pre-decimal coins, $1 coins and Australian Koala 1 ounce gold or silver coins. Most of the commemorative coins are available for purchase online at the mint; a few can only be purchased by telephone.

Resources:

The Perth Mint

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