Australian Gold Bullion Coins
Gold coins for thousands of years have been used for trade and commerce. Many consider gold coins the perfect form of money, unlike paper fiat currencies where the buying power erodes over time. Gold coins offer financial protection other assets simply do not.
The gold boom took off in Western Australia in the late 1800s with the discovery of several significant gold deposits. At the time there was very little money for the miners to redeem their gold in its raw form for goods and services. Because there was so much gold being mined the Perth Mint was formed and formally began operations in 1899. The mint was under the jurisdiction of Great Britain until 1970 when it then became the authority of the Western Australian government.
The Perth Mint has gained worldwide respect from collectors and investors who want to protect their assets from inflation. The mint produces Australian Gold Bullion Coins, Gold Bars, as well as medals for international competitions. The Perth Mint is renowned for producing products using the purest gold available in the marketplace. There are several popular series available from the Perth Mint including the following:
Australian Gold Koala Coins
Among the Perth Mint`s most popular gold coins is the Australian Gold Koala coin. Each year the mint releases a design of a koala in its natural habitat with its favorite food nearby the eucalyptus leaf. Collectors love the design which is unique and changes every year. The coins are struck in .9999 fine gold and available in several different increments ranging from 1/25 oz to 2 oz.
Australian Gold Kangaroo Coins
The kangaroo and Australia are nearly synonymous and the Australian Gold Kangaroo coin really highlights this with its .9999 fine gold coins. Yet another coin that is highly collectible because of slight changes in the design each year, but also for its obverse image of Queen Elizabeth II. Also available in several different increments the Australian Gold Kangaroo coin is highly popular in North America.
Australian Gold Bullion Coins are Precious Metals IRA approved.