January 16, 2013

Kookaburra Re-Minting To End

Early last year, the Australian Perth Mint re-minted all past year Silver Kookaburra coins that did not achieve their full mintage of 300,000 oz.

After much complaints by Silver Kookaburra collectors and enthusiasts, they have now announced the complete turn around. They have now announced they will cease all re-minting of past year Silver Kookaburra coins even if they did not complete full mintage.

PS : Expect price to rise in a short while as suppliers will cease to get new stocks ;-)


Ron Currie, the official voice of the Australian Perth Mint said,

I announced details of our new Mintage Policy in November. There has been an update to the information I provided then, which I’d like to inform you about now.

Previously I said that the Mint reserved the right to manufacture each 1oz release from the Australian Kookaburra silver bullion coin series up to its individual maximum mintage.

What others have called a “re-striking”, however, no longer applies.

Having listened to a great deal of customer feedback, the policy has been amended so that we will no longer be making past 1oz Kookaburras that undersold their maximum mintage.

As a result, we have closed production and declared final mintages for all 1oz Kookaburras and other unlimited denominations released between 1990 and 2012. We have published the figures in the following document:

 • The Australian Kookaburra Silver Bullion Coin Series 1990-2013

Source


Below are the Kookaburras silver coins mintage (source : Australian Perth Mint | updated December 2012)

  • 1990 – sold out 300,000
  • 1991 – sold out 300,000
  • 1992 – 219,694 / 198,356
  • 1993 – 190,581 / 180,473
  • 1994 – 174,561 / 164,327
  • 1995 – 154,247 / 134,535
  • 1996 – 170,105 / 146,642
  • 1997 – 159,497 / 149,219
  • 1998 – 103,119 / 92,902
  • 1999 – 109,364 / 104,433
  • 2000 – 104,169 / 99,388
  • 2001 – 169,265 / 164,480
  • 2002 – 91,604 / 81,160
  • 2003 – 109,439 / 93,596
  • 2004 – 84,455 / 79,732
  • 2005 – 95,145 / 84,448
  • 2006 – 87,044 / 76,943
  • 2007 – 213,436 / 202,506
  • 2008 – sold out 300,000
  • 2009 – sold out 300,000
  • 2010 – sold out 300,000
  • 2011 – sold out 300,000
  • 2012 – sold out 500,000
  • 2013 – 271,115 (expected 500,000)
October 28, 2012

Aurum Argentum

Aurum

On average, a million tons of earth contain just ten pounds of gold. This scarcity, as well as its beauty and chemical properties account for its high value from ancient times. The name for the element is of Anglo-Saxon origin and the symbol comes from the Latin aurum, meaning “shining dawn”.

Gold metal has a distinctive yellow color and is incredibly malleable and ductile. A single ounce of pure gold can be beaten out to a sheet that is about 300 feet square!! Pure gold is easily cut with a knife. Few elements react with gold under normal conditions and so most gold is recovered as small flakes of the pure element.

Gold is a very good conductor and is often used to plate electrical contacts since it resists corrosion so well. It also is a good reflector of heat-carrying infra-red radiation.

The world’s oceans contain billions of tons of gold but it is too widely dispersed to be recovered (two-tenths of an ounce per million tons of water).

Argentum

Silver (name from the Anglo-Saxon sioful, symbol from the Latin argentium) is considered a precious metal. It is found only to the extent of 0.05 parts per million in the earth (i.e., you have to dig up 20 million shovels full of dirt to get one shovel full of silver!). Knowledge of the metal is of ancient origins. Refining methods are mentioned in the Hebrew scriptures and ancient Egyptian writing. Silver was once considered more valuable than gold, probably because gold was easier to locate and refine at the time. Silver is ten times more abundant than gold.

Pure silver metal is the best conductor of heat and electricity. Pure silver would be too soft for jewelry and utensils so it is usually alloyed with at least one other metal. Sterling silver, for example, is usually about 93% silver and 7% other metals, mostly copper.

Silver can be found in high concentrations as argentite, Ag2S, but most is recovered in the refining processes of other metals such as copper.

Most compounds of silver are light sensitive and a lot of silver bromide and silver chloride are used by the photographic industry.

Source

October 24, 2012

Australian Kangaroo 2013

2013 $1 Frosted Uncirculated – Kangaroo Series – Explorers’ First Sightings

Stubbs’ portrait is one of the first non-indigenous artist impressions of the kangaroo. Botanist Joseph Banks brought a specimen of the unusual creature back to England after the HMS Endeavour’s first Pacific voyage, and commissioned Stubbs to paint its likeness.

The kangaroo has remained an object of fascination to all visitors to Australia, and has become synonymous with our great land.

These coins, bearing the iconic Stubbs’ portrait, will be available in three varieties. Given the popularity of this series, you need to be quick to secure them for your collection!

Denomination Metal Mass Diameter Finish Mintage Designer
$1 99.9%Ag 1 Troy Oz 40.00mm  Frosted Uncirculated 20,000 A.Baggio
October 20, 2012

Daylight Robbery

This is why I don’t do paper gold nor paper silver.

20121020-171841.jpg

October 6, 2012

Australian Kookaburra 1990

Australian Kookaburra Coin

The Australian Kookaburra coin, issued by the Perth Mint of Australia, is one of the most popularly traded modern coins. It is produced annually of 99.9% pure silver in four weights: 1 oz., 2 oz., 10 oz., and 1 kg. Each year, the design on the reverse of the coin – the native Australian bird after which the coin is named – changes, but the obverse, and effigy of Queen Elizabeth II remains the same.

Facts About the Australian Kookaburra Coin

The Australian Kookaburra Coin was first officially released in 1990, although the Perth Mint issued two coins, 1 oz. and 2 oz., featuring a kookaburra on the reverse as part of the “Australian Bird Series” in 1989. Australian Kookaburra coins issued in 2009 are minted with a “P20” scripted below the bird to recognize this. In 1990, the Australian Kookaburra was traded over 1.5 million times – that is, over 5-times its original mintage of 300,000. While the coin was originally (and continues to be) officially minted in silver, a gold “proof” version of the coin has been minted since 2004.

Why Buy the Australian Kookaburra ?

Simply put, the Australian Kookaburra is a wise selection among modern coins. Rest assured that because the Kookaburra is minted by the Perth Mint, its content, purity, and design are of the highest quality. Because of this, the Kookaburra is sought by investors year-after-year. With more and more coin enthusiasts entering the market every year, this demand is likely to increase.
Now is the Time

In addition to the numismatic value of the Australian Kookaburra coin, the demand for its content – silver- rises. With recent and ongoing global events which have the ability to shape markets and influence demand, precious metals, including silver, have enjoyed an increase in popularity. Spot prices have risen, and continue to trend upward. Many investors have already recognized this, and have made their move to get in on the ground floor.

October 1, 2012

Australian Kookaburra Silver Bullion Coins

The Kookaburra is the national animal of Australia.

The Kookaburra is the flagship silver bullion coin series of the renowned Australian Perth Mint. Each year since 1990 the Australian Perth Mint has issued 1, 2, and 10 troy ounce and 1 kilogram bullion coins depicting the famed Kookaburras, with a new design annually. The new design, purity, and quality of this coin series keeps collectors around the world anticipating its release every year.

The one troy ounce coins are limited to 300,000 and carry a premium over silver content. Retail prices for the coins vary a lot depending on the dealer.

Below is the latest design for year 2013.

Below are the Kookaburras silver coins mintage (source : Australian Perth Mint | updated April 2012)

  • 1990 – sold out 300,000
  • 1991 – 283,766
  • 1992 – 198,356
  • 1993 – 180,473
  • 1994 – 164,327
  • 1995 – 134,535
  • 1996 – 146,642
  • 1997 – 149,219
  • 1998 – 92,902
  • 1999 – 104,433
  • 2000 – 99,388
  • 2001 – 164,480
  • 2002 – 81,160
  • 2003 – 93,596
  • 2004 – 79,732
  • 2005 – 84,448
  • 2006 – 76,943
  • 2007 – 202,506
  • 2008 – sold out 300,000
  • 2009 – sold out 300,000
  • 2010 – sold out 300,000
  • 2011 – sold out 300,000
  • 2012 – sold out 500,000
  • 2013 – expected 1,000,000
September 4, 2012

Australian Kookaburra 2013

The Perth Mint released the 2013 Australian Kookaburra Silver Bullion Coins on September 3rd, 2012. The .999 fine silver coins include new reverse artistry featuring the native Australian bird.

The Kookaburra is best known for its unusual call, which sounds like human laughter. The Perth Mint has issued silver coins featuring the Australian bird since 1990, with a new release design created for each year of release.

The reverse design for the latest release features a depiction of two juvenile kookaburras sitting on a tree branch amid some flowers. The inscriptions include “Australian Kookaburra”, the “2013″ date, and an indication of the weight and purity of the silver content. The Perth Mint’s “P” mint mark appears in the left field. The obverse design of the coin contains the Ian Rank-Broadly effigy of Her Majesty Queen Elizabeth II with the legal tender denomination.

Available sizes include 1 kilo, 10 troy ounce, and 1 troy ounce coins. A mintage limit of 1,000,000 will apply to the 1 troy ounce size, with no limit imposed for the remaining sizes.

January 20, 2012

What Is A Bullion ?

Definition of BULLION (source : merriam-webster.com)

bul·lion | noun | \ˈbu̇l-yən, -ˌyän\

    • gold or silver considered as so much metal; specifically : uncoined gold or silver in bars or ingots
    • metal in the mass
  1. lace, braid, or fringe of gold or silver threads

Origin of BULLION

Middle English, from Anglo-French billion, bullion melting house, bullion, probably blend of Middle French bille ingot, piece of money (from Old French, log) and Anglo-French *bulliun, buillun cauldron, from Old French boillon froth on boiling liquid, broth — more at billet, bouillon

First Known Use : 14th century

January 1, 2012

Hello world !

Welcome to Bullion2u.net‘s blog on Precious Metals.

Bullion2u.net was created to serve as a source where investors could diversify their portfolios with gold and silver for less money than typically found elsewhere. We have never made any guarantees about always having the lowest price on any of our products. However, our prices are consistently competitive and many times lower than our competition. Bullion2U.net does not have any hidden fees or charges, what you see is what you get. The only additional fee is a shipping charge, which is clearly marked and defined during the order process.

We are a growing leader in the precious metals market, continually selling our products for less. Give us a try, open an account and start investing in your future today.

Why Bullion2U.net ?