BULLION BARS AND COINS
There has been a surge in wholesale demand for
Australian Kangaroo gold bullion coins.
Since being released on 1 October, sales for 2013 Kangaroos are 35% ahead of sales of 2012 Kangaroos at this time last year.
Combined sales of all 2013 Kangaroo denominations (1kg, 1oz 1/2oz, 1/4oz, 1/10oz) performed even stronger - up 40% on the number of 2012-dated coins sold at this stage 12 months ago.
Weâre getting more interest from North America as well as Asia. In line with this weekâs reports of strong physical demand in China, weâve just secured major Kangaroo orders from distributors in Hong Kong, Taiwan and Singapore.
Compared to last yearâs phenomenal Year of the Dragon, sales of 2013 Australian Lunar â Year of the Snake gold coins are not as strong.
However, demand for the Kangaroo and Lunar series combined puts us clearly ahead of this time last year.
We have also achieved greater market share. According to the latest quarterly data from Thomson Reuters GFMS, The Perth Mintâs share of the worldwide gold bullion coin market has risen from 7% to 13%.
The Perth Mint manufactures the Australian Governmentâs official bullion coin program. Our coins stand out from other bullion coins due to their superior âreverse proofâ quality and annual design changes
