When you think about investing in gold and silver, or simply collecting precious metals, you probably don’t think about the manufacturer that mints the coins; However, where your bullion comes from is just as important as the precious metal itself. The Perth Mint, located in Australia, is one of the leading manufacturers of various precious metal coins and is a solid choice.
The Perth Mint opened in 1899 as a direct response to the western Australian discovery of gold deposits. In fact, for a while, the Perth Mint—a branch of the Royal British Mint in London—was the largest gold sovereign provider in the British Empire. In 1987, part of the government took over the Mint and created The Gold Corporation.
The Gold Corporation is responsible for overseeing and creating the official bullion coin program of Australia. This means Perth Mint is Australia’s official provider of bullion coins. It also produces coins with very strict mintages, which makes it one of the most sought-after manufacturers of precious metals in the world.
Today, the Mint is best known for designing and promoting various bullion coins mostly used for investments. Whether you are an investor or collector, the beauty, design, and quality of the bars and coins will amaze you. There are many special editions and specialized coins released through Perth Mint as well, oftentimes some of the most valuable and rare to collectors.
There is a museum in Australia that truly showcases the history of the Mint and the importance of this mint throughout the world. In fact, Perth Mint is now such a mainstream institution and historical asset that people can go on tours to see the manufacturing facilities and learn about the minting process.
Coins and bars coming from the Australian Mint are shipped in mint-sealed original packaging and coins come in air-tight capsules. The packaging alone is one reason why the Australian Mint stands out above others since each product is carefully wrapped and shipped to collector standards. Some coins handled by Perth Mint are very rare, which makes this packaging and safety incredibly important. Bars typically feature an assay card, which shows the purity level and the type of bullion metal.
The Perth Mint is responsible for refining silver, gold, and other precious metals. The silver and gold are shipped out blank (known as precious metal blanks) which are then used by various governments and financial institutions throughout the world.