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Perth Mint Releases Platinum Platypus Investment Coin

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 Posted 02/02/2011  1:11 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
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The following is a press release from the Perth Mint

The Perth Mint has introduced an Australian Platypus platinum investment coin to complement the popular range of gold and silver offerings which comprise Australia's official bullion coin program.

Struck from 1 ounce of 99.95% pure platinum, the Australian Platypus portrays the aquatic mammal diving beneath the water among the reeds and incorporates The Perth Mint's traditional ‘P' mintmark. Illustrating identical artistry each year, the feature design is bordered by the inscriptions AUSTRALIAN PLATYPUS, the year-date, and the weight and purity of the coin.

The new coin fills a gap in The Perth Mint's line up of investment coins, which has existed since the withdrawal of the platinum Australian Koala series in 2000.

Sales and Marketing Director Ron Currie said there was renewed demand for platinum, following a tremendous ride in 2010 which delivered double digit percentage gains to investors.

"Once again we're pleased to offer the Australian Bullion Coin Program in a trio of precious metals -- gold, silver and platinum," he said. "Growing interest in platinum, limited availability and a beautiful animal design provide plenty of incentive to acquire this stunning addition to the range."

Issued as legal tender under the Australian Currency Act 1965, the coin's obverse features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II.

No more than 30,000 coins will be issued in 2011, with all subsequent annual releases subject to the same limited mintage.

The Australian Platypus is available worldwide from 1 March 2011. Together with the complete range of 2011 Australian gold and silver bullion coins and bars currently on offer, the Australian Platypus can be purchased at The Perth Mint Shop located at 310 Hay Street, East Perth, by telephoning The Perth Mint BullionLine on FREECALL 1300 201 112 or from leading coin distributors.
Edited by CCFPress
02/02/2011 1:12 pm
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Ozzie's Avatar
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 Posted 03/01/2011  08:26 am  Show Profile   Bookmark this reply Add Ozzie to your friends list Get a Link to this Reply
how much are the platypus coins? Sounds interesting. But the mintage sounds high.
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 Posted 03/01/2011  10:56 am  Show Profile   Bookmark this reply Add Ozzie to your friends list Get a Link to this Reply
I didnt realise it was discover Australia series. I was hoping it was a new series.
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 Posted 03/01/2011  11:01 am  Show Profile   Bookmark this reply Add Ozzie to your friends list Get a Link to this Reply
the platinum pic of the coin is a lot nicer than the silver coin.
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