2024 The Perth Mint’s 125th Anniversary 1oz Silver Coin

The Perth Mint opened on 20 June 1899 at the height of the Western Australian gold rush. Refining the gold and striking 106 million sovereigns over the next three decades, it played a significant role in the rapid development of Western Australia’s economy. With an outstanding reputation for quality, craftsmanship, and efficiency, the Mint went on to produce vast quantities of Australian circulating coinage between 1940 and 1984.

The Perth Mint returned to its original purpose as a maker of fine gold coins in 1986. The Australian Kangaroo, originally known as the Australian Nugget, has enjoyed worldwide recognition and success since that pivotal time. Subsequent additions to the official Australian Bullion Coin Program include the Australian Kookaburra and the Australian Koala, both heavily sought after by investors and collectors of fine silver coins.

The modern Perth Mint is a unique enterprise. Operations include refining and investment services, while its world-class visitor attraction tells the story of Western Australian gold and the Mint’s 125-year history. The coining division remains synonymous with superb quality precious metal pieces, none more so than those featuring Australia’s iconic wildlife.

Each coin is struck by The Perth Mint from 1oz of 99.99% pure silver and issued as legal tender under the Australian Currency Act 1965.

The Perth Mint will release no more than 150,000 of The Perth Mint’s 125th Anniversary 2024 1oz Silver Bullion Coin.

DESIGN

The coin portrays a kangaroo, a koala, and a kookaburra, reflecting the Mint’s best-known contemporary coin series. The animals are artistically arranged among a representation of golden wattle, Australia’s national floral emblem. The inscription ‘1899 THE PERTH MINT 2024’ appears within a scroll at the foot of the design. As well as a ‘P125’ mintmark, signifying The Perth Mint’s 125th anniversary, the reverse also includes the coin’s weight, purity, and year-date.

The obverse portrays the Dan Thorne effigy of His Majesty King Charles III, and the coin’s monetary denomination.

Each coin’s reverse includes a security feature in the form of a micro-laser engraved letter within the design. It is only detectable under a magnifying glass.

PRESENTATION

The Perth Mint’s 125th Anniversary 2024 1oz Silver Bullion Coin is presented in an acrylic capsule.

Technical Specifications

ABOUT THE PERTH MINT

The Perth Mint, located in Perth, Western Australia, is one of the oldest and most prestigious mints in the world, with a rich history that dates back to the late 19th century. It was established in 1899 as a branch of Britain's Royal Mint in response to the discovery of rich gold deposits in Western Australia. Its primary purpose was to refine gold mined in the region and to mint gold sovereigns and half sovereigns for use throughout the British Empire.

The Perth Mint played a crucial role in the development of Western Australia's gold industry, providing a local facility for gold refining and coin production that significantly contributed to the economic growth of the region. Over the years, it has evolved to become a leader in the precious metals industry, offering a wide range of services including gold and silver bullion bars and coins, precious metal refining, and jewellry.

After Australia gained independence, the Perth Mint continued its operations and, in 1970, it became wholly owned by the Government of Western Australia. Since then, it has expanded its offerings to include commemorative coins, investment products, and a wealth of services for precious metals storage, management, and distribution.

Notably, The Perth Mint has set several world records, including producing the world's largest gold coin in 2011, weighing one tonne and featuring a kangaroo design. It also operates one of the largest LBMA (London Bullion Market Association) accredited gold refineries in the world.

The mint is also a significant tourist attraction, offering visitors insights into Australia's gold mining history, the chance to view Australia’s largest collection of natural gold nuggets, and live demonstrations of traditional gold pouring.

Swan Bullion Company is proud to be an authorised distributor for both The Perth Mint bullion and numismatic products.