Australian Bullion / Invetiment Coins

Numismatics is a fascinating hobby that allows you to learn about history, culture, and economics. One aspect of numismatics that has gained popularity in recent years is investing in bullion coins. In Australia, there are two primary mints that produce bullion coins – the Royal Australian Mint (RAM) and the Perth Mint. In this blog, we will provide a guide for numismatics starters on investing in bullion coins from these mints.

Firstly, it's important to understand what bullion coins are and why they are a good investment. Bullion coins are coins that are made from precious metals, such as gold or silver, and are bought and sold for their metal content. They are a good investment because they are a tangible asset that holds its value over time and can act as a hedge against inflation.

The RAM and the Perth Mint produce a range of bullion coins in various weights and denominations. The RAM produces the Australian Kangaroo gold coin, while the Perth Mint produces the Australian Kookaburra, Australian Koala, and Australian Lunar Series gold coins. The RAM produces the Australian Silver Kangaroo, while the Perth Mint produces the Australian Kookaburra, Australian Koala, and Australian Lunar Series silver coins.

When investing in bullion coins, it's important to consider a few factors. Firstly, it's important to consider the weight and purity of the coin. The weight will determine the amount of metal content in the coin, while the purity will determine the quality of the metal. Both the RAM and the Perth Mint produce coins with a high level of purity.

Secondly, it's important to consider the premium over spot price. The spot price is the current market value of the metal, while the premium is the additional cost for producing and selling the coin. It's important to compare premiums when buying bullion coins to get the best value for your investment.

Finally, it's important to consider storage and security. Bullion coins should be stored in a safe, secure location to prevent theft or damage. The RAM and the Perth Mint provide tamper-evident packaging for their bullion coins, which can help protect your investment.

In conclusion, investing in bullion coins from the RAM or the Perth Mint can be a good way to diversify your investment portfolio and protect against inflation. By considering the weight, purity, premium, and storage of the coins, you can make informed decisions when investing in bullion coins. As with any investment, it's important to do your research and seek advice from a financial advisor before investing.