BULLION BARS AND COINS
Bullion coins made from 1oz of gold make sense for many investors.
But there are denominations made from less than 1oz.
These coins are known as 'fractionals' - and they provide investors with a
number of practical benefits.
Because they contain smaller amounts of precious metal, fractional coins
are sold at lower price points. For those on a tight budget, they make
accumulating gold bullion possible for a more modest outlay.
Some people invest in gold to protect themselves against the worse-case
scenario - a total collapse in the financial system. This type of investor
probably believes fractionals would be useful for barter if paper currency
suddenly became worthless.
Disaster scenarios aside, the other main benefit offered by fractionals is
flexibility when it comes to converting precious metal back in to cash. For
example, a portfolio containing exclusively 1oz gold coins means that a
minimum of 1oz must be sold - currently worth more than A$1,600.
Sellers who want to redeem smaller amounts of gold could have achieved a
more suitable outcome had they diversified through a range of fractional
coins.
Australian Fractional Coins
Fractional bullion coins made by The Perth Mint from 99.99% pure gold
feature exactly the same design theme as the full 1oz sizes and each is
issued as Australian legal tender.
The internationally sought-after Australian Kangaroo and Australian Lunar
Gold Coin Series are struck in fractional weights of 1/2oz, 1/4oz and 1/10oz.
Also available in these sizes, the Lunar Series includes a more unusual
1/20oz option.
Each fractional coin receives the same meticulous attention to detail in
order to produce an exquisitely detailed product.
