Perth Mint have released images and information about the upcoming 2016 Year of the Monkey Gold & Silver Bullion Coins. Here they are (click to enlarge):
I am quite pleased with the design. I didn't buy any of the bullion release lunar goats from Perth Mint, but I will be stocking up on more than a few of these. Release date for the bullion coins is not until October as per this schedule:
However some of the proof coins will be released at the Perth Mint from September 1st. As per the 'Forthcoming Releases' schedule:
As usual some of these coins are likely to sell out fast at the Perth Mint, so if looking to complete collections check in at the time they've suggested (can change without notice):
As I have said in the past, try and avoid any dealer price gouging, particularly on the silver 1oz bullion release which is mintage limited to 300,000 coins.
A number of investors have been burned by getting caught up in the hype and overpaying. I wrote in 2013:
Although I think the 1oz bullion coin from Perth Mint is the best lunar coin to purchase (for future increase in value), I only think it's only worth buying if you pay a reasonable premium today. As it stands the standard A$10 premium on Perth Mint 1 ounce bullion coins (from the mint, there are volume breaks) is higher than many other mints and 37% premium to spot price (A$26.75). However, a lower premium circa $5-7 is usually possible given dealer discounts.Most Perth Mint distributors have decided to increase the premium they charge customers on the 1oz mintage limited horse simply because the demand is there. In Australia thats resulted in a $11 (41%) premium ($1 over maximum Perth Mint premium direct, $4-6 over the usual premium they might charge on 1 ounce coins), with Gold Stackers being an exception.
If dealers are offering this coin in the $5-10 range over spot, I think it will offer investors a great opportunity to leverage off the popularity of the 1oz Lunar coins from the Mint, balanced with exposure to any future increase in the price of Silver.
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