Media Release: Perth Mint Releases Platinum Platypus Investment Coin

PERTH MINT RELEASES PLATINUM PLATYPUS INVESTMENT COIN

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Monday 31 January 2011

The Perth Mint has introduced an Australian Platypus platinum investment coin to complement the popular range of gold and silver offerings which comprise Australia’s official bullion coin program.

Struck from 1 ounce of 99.95% pure platinum, the Australian Platypus portrays the aquatic mammal diving beneath the water among the reeds and incorporates The Perth Mint’s traditional ‘P’ mintmark.  Illustrating identical artistry each year, the feature design is bordered by the inscriptions AUSTRALIAN PLATYPUS, the year-date, and the weight and purity of the coin. 

The new coin fills a gap in The Perth Mint’s line up of investment coins, which has existed since the withdrawal of the platinum Australian Koala series in 2000.

Sales and Marketing Director Ron Currie said there was renewed demand for platinum, following a tremendous ride in 2010 which delivered double digit percentage gains to investors.

“Once again we’re pleased to offer the Australian Bullion Coin Program in a trio of precious metals – gold, silver and platinum,” he said.  “Growing interest in platinum, limited availability and a beautiful animal design provide plenty of incentive to acquire this stunning addition to the range.”

Issued as legal tender under the Australian Currency Act 1965, the coin’s obverse features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II.

No more than 30,000 coins will be issued in 2011, with all subsequent annual releases subject to the same limited mintage.

The Australian Platypus is available worldwide from 1 March 2011.  Together with the complete range of 2011 Australian gold and silver bullion coins and bars currently on offer, the Australian Platypus can be purchased at The Perth Mint Shop located at 310 Hay Street, East Perth, by telephoning The Perth Mint BullionLine on FREECALL 1300 201 112 or from leading coin distributors.


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FURTHER INFORMATION:

Ron Currie, Sales and Marketing Director, The Perth Mint
Telephone (08) 9421 7269  Mobile  0412 559 067
Email  ron.currie@perthmint.com.au