Monday 1 October 2012
The Perth Mint is pleased to announce that Coins 'N Things Inc (CNT) will be the exclusive distributor for its Australian Kangaroo and Australian Lunar gold bullion coins in North America and Canada.
The Massachusetts-based bullion distributor CNT is a respected family-owned business which is one of the largest wholesale vendors of gold in the United States.
This exclusive agreement will provide strategic advantages to the North American partners including a trading platform within current hours of operations and delivery of stock from the Boston depository.
The Australian Gold Bullion Coin Program comprises the Australian Kangaroo and Australian Lunar series, which combined, offers 99.99% pure gold coins in nine sizes ranging from 1/20oz to 10 kilos with select mintage limits.
Offering investors this choice and convenience makes Australian gold bullion coins an affordable way to purchase gold bullion. Issued as legal tender, each coin also carries the added assurance that its weight and purity is guaranteed by the Australian Government.
The Perth Mint's partnership with CNT began in 2010, when the bullion dealer became a major distributor of the Mint's unique Kangaroo Minted Gold Bars and the Australian Platypus 1oz platinum bullion coin.
In just over two and a half years since the Australian gold bar range was introduced, CNT has sold in excess of 500,000oz of fine gold. Their sale of platinum bullion coins has also reached close to 50,000oz in just 18 months.
Perth Mint Sales and Marketing Director, Ron Currie, added: "Coins 'N Things are well established and ideally placed to service bullion retailers and ultimately investors in the large and growing US investment market."
Commenting on the exclusive appointment, CNT's President and CEO Mark L. Oliari said: "The Perth Mint's gold investment products are unique and produced to the highest quality. With this kind of reputation, North American retailers and investors can be sure in the knowledge that they can purchase precious metals with complete confidence."
With a reputation built on 113 years of continuous minting excellence, The Perth Mint is a world leader in the production of precious metal coins and bars. Wholly owned by the Government of Western Australia, The Perth Mint is appointed by the Commonwealth Government of Australia as the sole producer of Australia's gold, silver and platinum investment coins.
For further information:
Makeila Ellis, Media Officer, The Perth Mint
Telephone (+61 8) 9421 7204