The Perth Mint Celebrates 25 Years of the Australian Kookaburra Bullion Coin Series In 2015 - PowerPoint PPT Presentation

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The Perth Mint Celebrates 25 Years of the Australian Kookaburra Bullion Coin Series In 2015

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In 2015, The Perth Mint celebrates 25 years of the Australian Kookaburra bullion coin series with the coins featuring the original coin design from 1990. – PowerPoint PPT presentation

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Title: The Perth Mint Celebrates 25 Years of the Australian Kookaburra Bullion Coin Series In 2015


1
The Perth Mint
of The Australian Kookaburra Bullion Coin Series
2
What Is Australian Kookaburra ?
The Silver Kookaburra is a silver bullion
coin originating from Australia, and produced at
the Perth Mint starting in 1990. The coins are
.999 fine 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. Special editions
such as proof, high relief, privy marked,
colored, and gilded are often available.
3
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE COMPANY
1. The Perth Mint opened in 1899 as a branch of
Britains Royal Mint.2. The Perth Mint was the
third of three colonial branches of the Royal
Mint established in Australia, yet remains the
only operating Mint from the early gold
rushes.3. The Perth Mint is one of the oldest
Mints in the world still operating from its
original premises. 4. Throughout its 114-year
history, The Perth Mint has fulfilled the dual
roles of precious metal refining and
coining. 5. In 1970, ownership of The Perth Mint
transferred from Britains Royal Mint to the
Government of Western Australia. 6. Spurred on
by a massive surge in global demand for gold in
the late 1980s, the State Government commissioned
the Western Australian Development Corporation to
redevelop The Perth Mint.  7. Gold Corporation
was established under statutory legislation -
Gold Corporation Act 1987 - to manage The Perth
Mints assets and launch an Australian bullion
coin program. 8. The management of Gold
Corporation is governed by an independent Board
of Directors.9. With more than 90 of its
turnover contributed by exports, Gold Corporation
is one of the top ten exporters in Western
Australia.10. The Perth Mints operations
include precious metals refining, coin and bar
manufacture and marketing, precious metals
investment solutions, and the hosting of a retail
shop and historic tourist attraction.
4
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE PEOPLE
11. Arthur Bailey and William Ford discovered
gold in Western Australia at Fly Flat near
Coolgardie in 1892.  A bronze statue of the two
prospectors is the centrepiece of The Perth
Mints forecourt. 12. Paddy Hannan was a gold
prospector who discovered gold on 17 June 1893
near Kalgoorlie, sparking Western Australias
gold rush, with prospectors precious finds
making their way to The Perth Mint.13. Government
architect, George Temple Poole, was the designer
of The Perth Mint building, but retired in 1896
before its completion. 14. John Francis Campbell
was appointed as the first Deputy Master of the
Perth Branch of the Royal Mint in 1896. Since
then, the title of Deputy Master has changed to
Director then Chief Executive Officer.  Since its
foundation, The Perth Mint has had 12 Officers in
Charge.15. Sir John Forrest, the first Premier
of Western Australia, is regarded as the founding
father of The Perth Mint.  John saw the
importance of gold in the development of Western
Australia's economy, and successfully lobbied the
British Government to establish a branch of the
Royal Mint in Perth. 16. In 1957, Refinery
Officer Leo Hickey and Senior Craftsman Alexander
Osborne produced a gold plate of 999.999 purity. 
This famous piece of gold is known as Plate 42C,
giving the Mint the distinction of having
produced the purest gold ever assayed by the
Royal Mint. 17. In 2003, The Perth Mint
officially opened an 8,400 square metre
state-of-the-art manufacturing facility next door
to its original building.  This modern structure
was named Campbell-Forrest House after the Mints
first Deputy Master and Western Australias first
Premier. 18. Among those who have designed for
The Perth Mint, Dr Stuart Devlin AO CMG,
Goldsmith and Jeweller to Her Majesty Queen
Elizabeth II and internationally renowned master
of coin design, is the most famous.
5
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE REFINERY
19. The Perth Mint operates Australias only
precious metals refinery.20. As one of the
highest throughput refineries in the world, and
the largest facility in the Southern Hemisphere,
The Perth Mint refines between 300 and 400 tonnes
of precious metals each year, though its capacity
far exceeds this level of output.21. The Perth
Mint refines the majority of gold mined in
Australia, and volumes of gold sourced from
surrounding countries including Asia, Papua New
Guinea, Indonesia, Fiji and the Solomon
Islands. 22. The Perth Mint is an accredited
refiner for the London Bullion Mark Association,
the New York Commodity Exchange, the Dubai Multi
Commodities Centre, and the Tokyo Commodity
Exchange. 23. An extensive selection of 99.5
and 99.99 pure gold, and 99.9 pure silver cast
bars are produced at The Perth Mint
refinery. 24. Perth Mint gold and silver bars
are tradable anywhere in the world. 25. The
Perth Mint refinery also offers analytical
services to the Australian metals industry.
6
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE COINS
26. The 1899 gold sovereign was the first coin
produced in Perth, denoted by The Perth Mints
P mintmark.27. Sovereign coins were withdrawn
from circulation in 1931.  By that time, The
Perth Mint had struck in excess of 106 million
sovereigns and 735,000 half sovereigns for
distribution throughout Australia and the British
Empire.28. In 1922, The Perth Mint made its
first copper penny. 29. The Perth Mint issued
its first silver shilling in 1946.30. The Perth
Mint struck the first copper decimal coin in
Australia - a 1966-dated 1 cent piece.31. From
1922 to 1984, The Perth Mint produced in excess
of 1.5 billion shillings, pennies, halfpennies, 2
cents and 1 cent coins.32. Since 1986, The Perth
Mint has issued bullion and collector coins in
99.99 pure gold, 99.9 pure silver, 99.95 pure
platinum, and a range of base metal
collectables.33. The Perth Mints most popular
coin theme is Australian animals, including the
kangaroo, kookaburra, koala and platypus, which
are showcased on the Australian bullion coin
program. 34. The Perth Mints reputation for
minting excellence has resulted in contracts to
design and manufacture commemorative coins on
behalf of other countries. 35. The Perth Mint is
an important supplier of precious metal blanks to
other major mints in the world. 36. The Perth
Mint offers custom minting services to design and
manufacture coins to clients unique
requirements. 37. Media personalities who have
been involved in the promotion of Perth Mint coin
programs include Prime Minister Bob Hawke, Olivia
Newton-John, Jackie Chan, the late Peter Allen
and Steve Irwin, Darryl Somers, Narelda Jacobs,
and Philippa OConnell. 38. In 2013, The Perth
Mint combined traditional craftsmanship with
special phosphorescence technology to release its
first ever glow-in-the-dark coin, the Aurora
Australis coin in the Australian Antarctic
Territory series.
7
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT BULLION BASICS
39. Under the authority of the Commonwealth
Government of Australia, The Perth Mint is
appointed to design, make and market Australias
official bullion coin program.40. Australia
became the first nation to issue a bullion coin
program which featured four precious metals
gold, silver, platinum and palladium.41. All
Perth Mint bullion coins are issued as legal
tender under the Australian Currency Act
1965.42. The legal tender status of Perth Mint
bullion coins means their precious metal weight
and purity is guaranteed by the Commonwealth
Government of Australia. 43. Australias first
pure gold bullion coin, the Australian Nugget,
was unveiled by The Perth Mint in 1987, with its
popular kangaroo design theme later introduced in
1989.44. The Australian Nugget was launched in
11 countries around the world during a 33-day
road show.  45. The Australian Nugget bullion
coin series converted more than 43,000 ounces of
gold into 947,000 coins, generating some 290
million in export revenue in its first
year.46. Australias first pure silver bullion
coin series, the Australian Kookaburra, was
released by The Perth Mint in 1990.47. In 1995,
The Perth Mint issued the Australian Emu the
nations first palladium bullion coin
series.48. In 1998, The Perth Mint issued the
Australian Koala the countrys first 99.95
pure platinum bullion coin series.49. Today, The
Perth Mint issues the worlds largest range of
pure gold and silver bullion coins, in weights
varying from 1/20oz to 10 kilos.50. The Perth
Mint's bullion coins are unique in the world
market as they offer annual design changes and
select limited mintages.51. Perth Mint minted
investment bars are offered in 99.99 pure
gold.52. Perth Mint Gold (PMGOLD) is listed on
the Australian Stock Exchange.53. The Perth
Mints Depository offers investors cost effective
solutions to purchase and securely store their
precious metals coins and bars.
8
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE INNOVATIONS
54. In 1992, The Perth Mint introduced privy mark
coins which featured a small mark or symbol on an
existing design, to commemorate a special event
or anniversary, or customise an Australian coin
for international markets. 55. In 2002, The
Perth Mint issued Australias first modern
square-shaped Australia Kookaburra coin, paying
tribute to the 1919 - 1921 George V Square
Pattern Penny.56. Also in 2002, The Perth Mint
launched the worlds first locket coin a coin
with the capacity to showcase small free-moving
objects within a transparent capsule. 57. In
2005, the Mint introduced the worlds first
lenticular coin a coin which incorporates
special lenses that allow layered images to morph
from one to another as the viewing angle of the
coin is changed.58. In 2007, The Perth Mint
unveiled the orbital coin concept a unique
construction which allows an outer design to
rotate around a central core.59. The Perth Mint
is the first Mint to produce a coin in the
distinctive shape of Australia.60. In 2011, The
Perth Mint produced the worlds biggest and most
valuable coin, weighing a massive one tonne of
99.99 pure gold
9
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE FIRSTS
61. The proof version of the Australian Nugget
was the nations first coin of this quality to be
struck from 99.99 pure gold.62. The proof
Australian Nugget was the first modern Australian
coin to bear The Perth Mints traditional P
mintmark.63. The proof Australian Nugget was the
first internationally distributed gold coin to be
issued in five weights 1oz, 1/2oz, 1/10oz, and
1/20oz. 64. The Perth Mint and Royal Australian
Mint joined together to co-produce the
commemorative coins and medallions of the Sydney
2000 Olympic and Paralympic Games.65. The Sydney
2000 Olympic Coin Program is the largest coin
collection ever released by a host country, the
biggest selling Olympic collector coin program in
history, and the most significant collector coin
program in Australian history, with sales
totalling 5.5 million coins in some 50
countries.66. In December 1995, The Perth Mint
released the Australian Lunar Bullion Coin Series
the worlds first bullion program inspired by
the Chinese zodiac.67. In 2007, The Perth Mint
was responsible for the first lenticular coin to
celebrate the Chinese Lunar New Year.68. The
Perth Mint has perfected the manufacture of
large-sized bullion coins in 10 kilo, 1kg, 10oz
and 2oz weights. 69. Australia is one of the
first nations to introduce colour on its
commemorative coins. 70. Australians can
purchase pure gold and silver bullion coins and
bars online at www.perthmintbullion.com  the
first bullion website to offer live pricing.
10
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE MARKETS
71. The Perth Mint has established an
international presence with agents located in the
leading precious metal markets of Europe, South
East Asia, China, Japan and North
America. 72. From these alliances, The Perth
Mint oversees an extensive distribution network
which includes coin dealers, banks and financial
institutions across Australia and New Zealand,
Europe, North America, Japan, South East Asia,
China, Russia, Ukraine and the Middle
East.73. Germany is The Perth Mints largest
investment coin market.74. China and Eastern
Europe are The Perth Mints top emerging markets
for collector coins.75. The Perth Mint is one of
the few international Mints selling precious
metal collector coins into Russia. 76. The Perth
Mint is an annual participant in the worlds
leading numismatic fairs and conventions hosted
across Australia, in the United States, Germany,
Beijing, Japan and Russia.77. The Perth Mint is
well recognised internationally for its design
innovation, minting expertise and marketing
acumen, winning 21 industry awards in the past
ten years.78. The Perth Mint was selected above
18 other Mints to produce a legal tender
collector coin program on behalf of the State of
Qatar in celebration of the 2006 Doha Asian
Games.79. The Perth Mints best-selling product
in 2011 was the Australian Koala 1oz Silver
Bullion Coin, with sales reaching 898,000.
11
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT TRADITION AND TECHNOLOGY
80. Original coin images are illustrated before
being transferred onto computer.81. Coin images
are then manually sculptured on to plasters which
are as big as dinner plates.82. Perth Mint coin
design details can be finer than a human
hair.83. The masking of a metal coin die is
performed by hand with the aid of a
microscope.84. Talented engravers put the
finishing touches to the metal coin
dies.85. Every coin issued by The Perth Mint is
individually inspected.86. The Perth Mints
quality management system is certified to the
international standards of AS/NZS ISO
90012000.87. The Perth Mint uses specially
adapted pad-printing techniques to achieve
colourisation of precious metal coins. 88. The
Perth Mint has a combination of coin blanking and
manufacturing equipment comparable to the most
prestigious mints in the world.
12
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE BUILDING
89. The Perth Mints Federation Romanesque
administration building is one of Perths
historic architectural landmarks. 90. The white
limestone used in the construction of the
building was quarried from Rottnest Island, while
the rough, darker stone was extracted from
Cottesloe Beach. 91. The total cost of
construction was 58,000, a considerable sum in
the 19th century and equivalent to approximately
7.5 million today.92. The Perth Mint foundation
stone was laid by Sir John Forrest on 23
September 1896.93. The Duke and Duchess of
Cornwall and York visited The Perth Mint in
1901.94. The Perth Mint was one of the first
buildings in Western Australia to be placed on
the States Register of Heritage Places.95. The
National Trust of Australia recognised The Perth
Mint as the only Mint in the Commonwealth to
fulfil multiple roles of precious metals
refining, bullion trading and coin manufacturing
on one site.96. Gold refining and commercial
gold pouring took place at the Mints Hay Street
premises from June 1899 until April 1990, when
the operation was moved to a modern facility
located near Perth airport.97. The brick walls
of the Mints original melting house are
literally embedded with gold dust, accumulated
over many decades of refining.  98. The Perth
Mints grand heritage building, heavily secured
vaults and original melting house provide the
cues for many extraordinary stories about Western
Australia's golden history.99. The relaunch of
The Perth Mint Shop in November 2011 was the
first significant refurbishment to the 19th
century building since the retail store
originally opened in 1990.100. In December 1993,
The Perth Mint unveiled its Gold Exhibition,
further opening the door to tourism.
13
100 THINGS YOU SHOULD KNOW ABOUT THE PERTH
MINT THE BUILDING
89. The Perth Mints Federation Romanesque
administration building is one of Perths
historic architectural landmarks. 90. The white
limestone used in the construction of the
building was quarried from Rottnest Island, while
the rough, darker stone was extracted from
Cottesloe Beach. 91. The total cost of
construction was 58,000, a considerable sum in
the 19th century and equivalent to approximately
7.5 million today.92. The Perth Mint foundation
stone was laid by Sir John Forrest on 23
September 1896.93. The Duke and Duchess of
Cornwall and York visited The Perth Mint in
1901.94. The Perth Mint was one of the first
buildings in Western Australia to be placed on
the States Register of Heritage Places.95. The
National Trust of Australia recognised The Perth
Mint as the only Mint in the Commonwealth to
fulfil multiple roles of precious metals
refining, bullion trading and coin manufacturing
on one site.96. Gold refining and commercial
gold pouring took place at the Mints Hay Street
premises from June 1899 until April 1990, when
the operation was moved to a modern facility
located near Perth airport.97. The brick walls
of the Mints original melting house are
literally embedded with gold dust, accumulated
over many decades of refining.  98. The Perth
Mints grand heritage building, heavily secured
vaults and original melting house provide the
cues for many extraordinary stories about Western
Australia's golden history.99. The relaunch of
The Perth Mint Shop in November 2011 was the
first significant refurbishment to the 19th
century building since the retail store
originally opened in 1990.100. In December 1993,
The Perth Mint unveiled its Gold Exhibition,
further opening the door to tourism.
14
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