Perth Mint Gold Bullion Sales in March Rank Third Highest All-Time

18
2022 Australian Kookaburra 1oz Silver Bullion Coins - Obverse and Reverse
A CoinNews photo showing both sides of 2022 Australian Kookaburra 1oz Silver Bullion Coins

March sales of Australian minted bullion firmed for silver products and rank third best on record for gold products, the latest figures from The Perth Mint of Australia show.

The Mint’s bullion advances measured against healthier precious metals with March LBMA prices rising 1.7% for gold and 1.9% for silver. First quarter gains were sharper with precious metals prices increasing 6.7% for gold and 7.5% for silver.

Perth Mint Bullion Sales in March and First Quarter 2022

March sales of the Mint’s gold coins and gold bars tallied to 121,997 ounces, soaring 67.9% from February while falling 6.7% from March 2021 when sales reached an all-time monthly high. Aside from March 2021 when sales reached 130,730 ounces, the only better month for the Mint was in February 2021 at 124,104 ounces.

"Amid the Russia Ukraine crisis and its associated gold price volatility, it was no surprise to see a further increase in interest for our physical gold products — particularly from Europe," said General Manager Minted Products, Neil Vance.

"With good stocks of 1oz Australian Kangaroo gold coins and a growing inventory of fractional sizes, we were able to significantly increase the number of ounces shipped compared to February."

The Mint’s first quarter gold sales at 261,357 ounces are 21% lower than the 330,937 ounces sold in first quarter 2021.

Perth Mint sales in March of minted silver coins and silver bars totaled 1,649,634, scoring increases of 1.1% from February and about 3.1% from March of last year.

The Mint’s first quarterly silver sales of 5,669,122 ounces are 23.4% higher than the 4,593,591 ounces sold during the first three months of 2021.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from March 2021 to March 2022. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.

Perth Mint Bullion Sales (in troy ounces)
  Silver Gold
March 2022 1,649,634 121,997
February 2022 1,632,323 72,651
January 2022 2,387,165 66,709
December 2021 1,733,293 54,861
November 2021 1,530,598 115,872
October 2021 1,352,275 59,750
September 2021 1,789,926 98,753
August 2021 1,467,229 53,976
July 2021 1,302,723 70,658
June 2021 1,823,029 72,910
May 2021 1,700,807 91,146
April 2021 1,798,210 101,379
March 2021* 1,600,000 130,730

*Perth Mint published approximated sales data for March 2021. Specifically, the Mint stated that during March it shipped "more than 130,000 troy ounces of gold and almost 1.6 million troy ounces of silver." Later data placed March 2021 gold sales at 130,730 ounces.

Subscribe
Notify of
guest

18 Comments
Inline Feedbacks
View all comments
Rich

Some comments have been made recently involving the 2022-W ASE Proof mintage sales figure of 746,760 in terms of resale value. For comparison of mintage figures for the 36-year series of the American Eagle One Ounce Silver Numismatic Coins, the 5 lowest mintage coins (under 100,000 mintage) are: 2019-S Enhanced Reverse Proof = 29,909 1995-W Proof = 30,102 2020-W V75 Privy Proof = 74,709 2011-S Uncirculated = 99,882 2011-P Reverse Proof = 99,882 There are another 11 low mintage coins (with mintage under 200,000): 2019-W Enhanced Reverse Proof = 109,675 2017-S Proof = 123,799 2021-W Type 1 Reverse Proof =… Read more »

SENZA

However as we all now know none these statistics actually mean anything because the US Mint is just plain full of S………………. But I refuse to allow that to take away from your special day Rich, CONGRATS your like a predator – so deadly quiet nobody even noticed you were here I hereby authorize the creation and issuance of the first – First on Thread – Stealth Award on this date 04-20-2022 ( a day that will live in infamy because it never happened – yet the World must never know) – so, sadly, it appears nobody will ever see… Read more »

04-20-2022_032.jpg
SENZA

Just more evidence of my suspicious mind; that it’s all one big metals mafia family from caffeine Mike to NGC and that they must work together to keep the FOMO alive.

You don’t really think that anyone actually paid $840,000 for that crappy chunk of Gold the other day – rhetorical.

Kaiser, REMEMBER YOUR TRAINING

04-21-2022_001.jpg
SENZA

🙂

04-21-2022_003.jpg
SENZA

Can’t wait to see how they screw this one up –

I would say someone has tuned into this little blog and perhaps my ebay seller page where I explained to the lazy sheeple how to sign up for enrollment so they don’t have to spend the rest of their days bellyaching about over-paying.

Still no official “Sold Out” on the product page but the letter was quite specific American Innovation sold out via enrollments for first time in history – THAT MEANS WE MADE HISTORY – no thanks to or from the US Mint of course…………………..

04-21-2022_006.jpg
Rich

That’s on top of his own line of speed boats.

senza boat.jpg
SENZA

I was called a genius when I invented the Wet Bar at a very young age

04-21-2022_025.jpg
SENZA

Screw the Nobel Board – as long as Kaiser approves I’m good

04-22-2022_020.jpg
SENZA

IF SOMEONE DOESN’T FLUSH THIS TURD – ALL OUR LIVELIHOOD’S WILL BE IN JEOPARDY

04-21-2022_004.jpg
SENZA

I derived a mathematical formula from which I further ciphered a conclusion that every .01 (One Cent) per gallon of gasoline increase produces $1 Billion dollars per day in profits for the Politicians in power while concomitantly robbing the American Tax payer of the same Biden has already caused more devastation to America and Americans (just at the gas pumps) than Trump has dead brain cells or Rasputin has inflicted upon Ukraine I derived a mathematical formula from which I further ciphered a conclusion that every .01 (One Cent) per gallon of gasoline increase produces $1 Billion dollars per day… Read more »

04-21-2022_014.jpg
Last edited 5 months ago by SENZA
Rich

Where’s Corn Pop?

SENZA

Holy Shit there’s an Echo in here

04-21-2022_022.jpg
SENZA

As did my great Grandmother

04-22-2022_021.jpg
SENZA

I remember when my Economics Teacher told me “some day you will have to pay for water – that’s when you will know things are really bad”

I don’t have a problem with NOT murdering babies…

I know someone who hated Trump and spent 4 years stressing about Trump and the other day that person told me “Trump was better than this piece of crap Biden”

Sometimes personal feelings get in the way of the lessor of the evils and some things are completely not as they appear

04-21-2022_023.jpg
SENZA

Re-read paragraph 4 above and

04-22-2022_022.jpg
SENZA

Somehow I understand what your saying even when you don’t so it’s not a problem bro

04-22-2022_023.jpg
SENZA

All conversations here are taken and dished with nothing more than a grain of salt – relax and never again fear this misunderstanding that doesn’t exist https://www.youtube.com/watch?v=viLk1ZJGNPc

04-22-2022_024.jpg
Last edited 5 months ago by SENZA
Greg

When I am able to add any kind of gold bullion to my collection I feel an indescribable since of elation. It also makes me feel a sense of security to have each piece and to be able to hold them in my hands. I think gold bullion could help anyone feel this way. http://www.GemCoCoins.com