The Perth Mint of Australia has unveiled the designs for the 2013 Australian Koala Silver Bullion Coins and announced the release date for the extremely popular bullion series.
Struck in four different sizes, the 2013 Koala coins will be available beginning on Monday, November 5, 2012.
The four different Koala Silver Bullion Coins include 1 kilo, 10 ounce, 1 ounce and 1/2 ounce. Each of these is struck from 99.9% pure silver and features an Australian government guarantee for weight and purity.
Coins of the Koala series are produced on a mint-to-order basis with no pre-determined mintage cap in place. Production of the coins will continue for twelve months with the final official mintage announced after minting ceases at the end of 2013.
Silver Koalas made their debut from the Perth Mint in 2007. They have been issued annually ever since and have become a popular bullion product not only for investors, but for collectors as well. Part of that popularity is attributed to the annually changing reverse designs.
2013 Australian Koala Silver Bullion Coins feature a reverse of an adult koala sitting in the fork of a tree. The detailed limbs of that tree can be seen in the design as well as some of the tree’s leaves. Reverse inscriptions on the design include "Australian Koala," "2013," "999 Silver" and the size of the specific coin. Also shown on the reverse is the Perth Mint’s historic ‘P’ mint mark.
These Koala Silver Bullion Coins are struck as legal tender of Australia under the Australian Currency Act of 1965. As such, the obverse contains the Ian Rank-Broadley portrait of Her Majesty Queen Elizabeth II. Obverse inscriptions include "Elizabeth II," "Australia" and the face value of the coin, "30 Dollars," "10 Dollars," "1 Dollar" or "50 Cents."
All bullion coins from the Perth Mint are presented in protective acrylic capsules to help preserve the finish.
Specifications of 2013 Australian Koala Silver Bullion Coins
|Size||1 Kilo||10 oz||1 oz||1/2 oz|
|Silver Content (Troy oz)||32.151 Troy oz||10 Troy oz||1 Troy oz||.5 Troy oz|
|Face Value (AUD)||$30||$10||$1||$.50|
|Minimum Gross Weight (g)||1,001.002||311.347||31.135||15.573|
|Maximum Diameter (mm)||100.60||75.60||40.60||36.60|
|Maximum Thickness (mm)||14.60||8.70||4.00||2.30|
About the Perth Mint
The Royal Mint of England established the Perth Mint as a branch facility in 1899 to refine and strike gold recovered from nearby deposits. Ownership was transferred to the State Government of Western Australia in 1970. Today the Perth is responsible for the Australian Federal Government’s Gold and Silver Bullion Coin Program in addition to striking some of the most unique numismatic coins in the world.