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Platinum Koala
The Platinum Koala is an Australian platinum bullion coin minted by the Perth Mint between 1988 and 2000. The Platinum Koala is notionally legal tender, that is a legal means of payment (in Australia). On 18 June 1987, the Australian Government approved the minting of platinum and silver coins. This decision was made based on the success of gold coins issued a year earlier. The minting of the coin began in September 1988 in Perth. For marketing purposes, 2 ounce, 10 ounce and 1 kilogram coins of silver, gold and platinum were introduced in 1991; the 1 kg coins were the world's heaviest bullion coins at the time. The production of the Platinum Koala was stopped in 2000 due to a lack of a demand. In 2000, only 2.048 out of a total possible mintage of 100.000 were struck. The obverse depicts the Queen of Australia, Elizabeth II, and the reverse contains an image of a koala. The initials JB of the reverse face designer James Brown are present on most coins. Other designers o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Dollar
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1) an ''Currency Act 1965'', s.16 Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Platinum Coin
Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. The issues of legitimate platinum coins were initiated by Spain in Spanish-colonized America in the 18th century and continued by the Russian Empire in the 19th century. As a form of currency, these coins proved to be impractical: platinum resembles many less expensive metals, and, unlike the more malleable and ductile silver and gold, it is very difficult to work. Several commemorative coin sets have been issued starting from 1978 and became popular among coin collectors. The major platinum bullion coins include the American Platinum Eagle, the Canadian Platinum Maple Leaf, the Australian Platinum Koala, the Isle of Man Noble, the Chinese Platinum Panda, the Austrian Vienna Philharmonic and several series by the Soviet Union and later by the Russian Federation. History Platinum was first used for minting coins in Spanish-colonized America. Following the discovery of plat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Platinum Maple Leaf
The Canadian Platinum Maple Leaf is the official bullion platinum coin of Canada. First issued by the Royal Canadian Mint in 1988, it was available until 2002 in five different denominations, all of which are marked as containing .9995 pure platinum. The bullion coin was partly reintroduced in 2009 in the form of the 1 troy ounce denomination in .9999 purity, featuring a new portrait of Queen Elizabeth II on the obverse. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from. Background The Canadian Maple Leaf series began in 1979, when the Royal Canadian Mint (RCM) introduced the Canadian Gold Maple Leaf coin. It consisted of 1 troy ounce of .999 pure gold – later refined to .9999 pure in 1984 – and contained no alloys within it; a rarity at the time. Due to the widespread success of the coin on the international bullion market – whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Platinum As An Investment
Platinum as an investment has a much shorter history in the financial sector than gold or silver, which were known to ancient civilizations. Experts posit that platinum is about 15–20 times scarcer than gold, on the basis of annual mine production. Since 2014, platinum rates have fallen significantly lower than gold rates. More than 75% of global platinum is mined in South Africa. Overview Platinum is relatively scarce even among the precious metals. New mine production totals approximately only a year. In contrast, gold mine production runs approximately a year, and silver production is approximately . That being so, platinum tends to trade at higher per-unit prices. Platinum is traded on the New York Mercantile Exchange (NYMEX) and the London Platinum and Palladium Market. To be saleable on most commodity markets, platinum ingots must be assayed and hallmarked in a manner similar to the way gold and silver are. The price of platinum changes along with its supply and de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Silver Kookaburra
The Silver Kookaburra is a silver bullion coin originating from Australia, and produced at the Perth Mint starting in 1990. The coins were .999 fine silver until the 2018 edition, which increased in purity to .9999 silver. While the obverse of the coin always depicts Queen Elizabeth II, the reverse side changes every year, always featuring a kookaburra, a bird native to Australia. Due to the yearly design change and limited production of the one-ounce coins, they have higher collectible value than some other bullion coins. The Perth Mint generally ships the coins in individual plastic capsules. One-ounce coins ship in shrink wrap rolls of 20, with 5 rolls in each box of 100. They are minted in four sizes; 1000g, 10, 2 and 1 troy ounces. To commemorate the 25th anniversary of the kookaburra coin, the 2015 coin features the same image of the kookaburra as the original 1990 coin. To differentiate the 1990 and 2015 coins the date on the reverse reads 1990-2015 and 2015 has been added ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Silver Koala
The Silver Koala Bear is a silver coin originating from Australia and produceat the Perth Mint. While the obverse of the coin always depicts Queen Elizabeth II, the reverse side changes every year, always featuring a koala, a marsupial native to Australia. Silver koalas have higher collectible value than some other bullion coins due to the yearly design change and limited production. The coins are minted yearly in up to five different sizes. Specifications † This is the maximum thickness. Thicknesses are different based upon the yearly design of the reverse side. History In its first year of 2007, only the one-ounce bullion coin was minted. All other sizes were minted in 2008 except for the oz, which started to be produced in 2011. Between 2008 and 2010, the only numismatic or proof coinage minted was the one-ounce with gilded koalas. As of 2020, bullion coins are currently released in 1kg and 1oz sizes and the numismatic coinage is minted in 5oz and 1oz sizes, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Silver Kangaroo (bullion)
The Silver Kangaroo is a silver coin originating from Australia and produced at the Perth Mint. This is a bullion coin meant for investment in silver. An Australian silver kangaroo coin, produced at the Royal Australian Mint (RAM), is collected for its numismatic value. The obverse of the coin always depicts Queen Elizabeth II. The reverse side features a red kangaroo jumping. Unlike the Australian silver koala and silver kookaburra coins, the reverse image does not change every year. The obverse image on the RAM silver coin does change every year. The mintage every year is unlimited, unlike the koala and kookaburra coins which have a maximum mintage of 300,000 and 500,000 respectively. No special editions or privy marks have appeared for the one-ounce bullion coin. Special editions such as proof, colored, and gilded are also available. See also * Australian Silver Koala * Australian Silver Kookaburra * Bullion * Bullion coin * Inflation hedge * Silver as an investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Platinum Eagle
The American Platinum Eagle is the official platinum bullion coin of the United States. In 1995, Director of the United States Mint Philip N. Diehl, American Numismatic Association President David L. Ganz, and Platinum Guild International Executive Director Jacques Luben began the legislative process of creating the Platinum Eagle. After over two years of work, the 99.95% fine platinum coins were released by the United States Mint in , , and 1 troy oz denominations. In late 2008, the fractional denominations were discontinued, leaving only the one ounce denomination. The Platinum Eagle is authorized by the United States Congress, and is backed by the United States Mint for weight, content, and purity. Proof versions of the coins are intended for coin collectors and sold directly to the public whereas the bullion versions are sold only to the Mint's authorized buyers. The proof American Platinum Eagles are unique in the fact that they are the only U.S. bullion coins that have a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Corporation
Gold Corporation is an Australian company owned by the Government of Western Australia, established by the Gold Corporation Act 1987, with a mandate to operate the Perth Mint, market Australian gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ..., and other related activities. References Companies established in 1987 Government-owned companies of Western Australia {{WesternAustralia-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troy Oz
Troy weight is a system of units of mass that originated in 15th-century England, and is primarily used in the precious metals industry. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and the troy pound (12 troy ounces). The troy grain is equal to the grain unit of the avoirdupois system, but the troy ounce is heavier than the avoirdupois ounce, and the troy pound is lighter than the avoirdupois pound. One troy ounce (oz t) equals exactly 31.1034768 grams. Etymology Troy weight probably takes its name from the French market town of Troyes where English merchants traded at least as early as the early 9th century. The name ''troy'' is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby. Charles Moore Watson (1844–1916) proposes an alternative etymology: ''The Assize of Weights and Measures'' (also known as ), one of the statutes of uncertain date from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Platinum
Platinum is a chemical element with the symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish , a diminutive of "silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust, with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for ~80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity. Platinum is one of the least reactive metals. It has remarkable resistance to corrosion, even at high temperatures, and is therefore considered a noble metal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
