New gold coin from Australia is very interesting

Perth Mint has released a limited-edition gold coin, Super Pit Australia, which is currently near gold. She bears the motif of a gold mine for the first time. Also a silver variant is available.

Gold coins very popular

The Perth Mint is valued by collectors and investors for the high quality of their coins. With the silver and gold coins of the Kangaroo variety, but also Koala, Kookaburra and the Lunar series, the Australian Mint has created popular investment products. So far, the coinage came mainly from the Australian animal kingdom. For the first time, the Perth Mint now issues a gold coin and a silver coin with the image of a gold mine: the Super Pit Australia. It is the legendary open pit mine, Australia’s largest gold mining site.

Limited edition

The gold coin with the year 2019 appears in an edition of only 15,000 pieces. Of the silver variant 100,000 pieces are coined. Both coins consist of one ounce of the purest precious metal (999.9 / 1,000). The gold for these coins should come directly from the Super Pit Mine in Kalgoorlie-Boulder. The gold coin has a nominal value of $ 100, the silver coin carries a $ 1 coin. Both pieces are considered official currency in Australia. Also in the German trade, the pieces are already available.

Cheap price

With a premium of sometimes less than 4 percent, the gold coin is almost a hit, because as a first edition and the limited edition, there is quite a chance for a later collectors surcharge. By comparison, 188,921 units of the classic gold bullion kangaroo were sold last year in the 1 ounce variant. The silver kangaroo was coined more than 4 million times in 2018. The popular coins of the equally limited Lunar series were issued in 2019 (“Year of the Pig”) in an edition of 30,000 copies. The Perth Mint regularly publishes the editions of their coins on the Internet. In a video, the Super Pit coin is presented.