Coin News Extra today offers information on two newly released coins, the one-ounce Canadian Grizzly Silver Coin and the one-tenth ounce Australian Koala Silver Coin. Additionally, 7 top picks for silver coins are offered by Mark Benvenuto in a third article and the demand for UK Royal Mint gold and silver coins is relayed in a fourth article.
But first, as a quick recap for the new issues… The one-tenth ounce Koala silver coin is a unique offering which is available directly from The Perth Mint of Australia (http://www.perthmint.com.au/). The 10-cent denominated coin features the same reverse design as the other 2011 koala silver coin releases for this year, but it is priced under $14. Demand dictates its mintage amount, but the design will only be featured on the reverse this year since Koala coins receive a design makeover annually.
The Grizzly Silver coin is the second 2011-dated release from the Royal Canadian Mint and the second issue in its new six coin Canadian Wildlife bullion series. The series will feature six different reverse designs at a rate of two each year until 2013. The Grizzly coin is composed of 99.99% fine silver and weighs one ounce. As a bullion offering, it is not sold directly through the Canadian Mint’s website, just like bullion American Eagles are not available directly from the United States Mint. Instead, buyers will need to track down the coins through coin distributors and dealers. These coins have a limited 1 million mintage. Buyers should be able to find the Grizzly coin through resellers who also offer bullion Canadian Silver Maple Leafs.
Article links for each of the mentioned topics follow:
Staff | CoinNews.net
Featured on the reverse of the silver bullion coin is a mature Grizzly Bear appearing as if to roar and standing on all four paws on the edge of a body of water. The reverse also includes the inscriptions of CANADA, 9999, FINE SILVER, 1 OZ, ARGENT PUR and the initials WW for the designer, Senior Mint Engraver William Woodruff. Struck as legal tender of Canada, the obverse of the Grizzly Silver Coin contains the effigy of Her Majesty Queen Elizabeth II …
Australian Koala 1/10 oz Silver Coin
Darrin Lee Unser | SilverCoinsToday.com
This new Australian Koala silver coin pushes the number of sizes available in the series to five. It joins the 1/2 oz, 1 oz, 10 ounce, and 1 kilo bullion coins. The Perth likely added the smaller offering in response to the silver market which has been making advances into prices not seen in over 30 years. By adding the 1/10 oz Koala Coin to their line-up, the Perth has affordable options for anyone interested in obtaining at least one of the unique coins …
Mark Benvenuto | Coins Magazine via Numismaster.com
At times like this, everyone wants to own silver simply because of that commodity market price tag. But that tag is precisely the problem. It seems as if common silver is being denied to the common collector. Here then is a recipe to get around this conundrum and to put together a set of large silver coins that could become your favorites for the long term and that will most likely not flatten your wallet thinner than a paper dollar in the short term …
UK Royal Mint gold, silver coin sales double
Jan Harvey | Reuters
The UK Royal Mint’s gold and silver coin sales doubled year-on-year in January to 63,000 ounces, lifted in part by the launch of new commemorative coins for the 2012 Olympics and the Royal engagement, the Mint said. “The Royal Mint enjoyed strong sales of gold and silver in 2010, and indicators suggest that this sales growth is continuing into 2011,” the Mint’s head of sales, Jonathan Cockroft, said …
