1/20oz Gold Coin 2015 Year of the Goat - Perth Mint
Our smallest gold offering, the 1/20oz Perth Mint gold coin is issued as Australian legal tender and is sold individually, or at a discounted rate in rolls of 20 or boxes of 100. The coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the year-date and the monetary denomination. The reverse of the 1/20oz gold coin portrays the Lunar year animal of that year. As well as its weight and fineness, The Perth Mint’s historic ‘P’ mintmark also appears on the coin’s reverse.
Perth Mint coins come encased in a hard clear plastic case to help keep coins in pristine condition. Ainslie Bullion recommends leaving these cases un-tampered for the best preservation of value.
The Perth Mint is Australia’s leading precious metal refiner. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold products are refined to 99.99% purity (= 24 carat) and all silver products are refined to 99.9% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage / insurance requirements. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event (eg Christening, 18th, 21st, Anniversary).