Silver sales at the Perth Mint in 2018 of 9,242,408 ounces were down from 2017 sales of 9,636,408 ounces down from 2016 silver sales of 12,236,772 ounces and down from 2015 silver sales of 11,775,927 ounces.
January 2019 Perth Mint silver sales of 828,854 ounces were down from 1,067,361 ounces sold in January 2018.
Watch the video companion to “Perth Mint Silver Sales Down Slightly in 2018”
In September 2015, the Perth Mint reacted to the silver shortages at the U.S. and Canadian Mints by introducing a new silver bullion coin that would be not be of limited mintage, but rather would be minted in such quantities to meet demand – the Silver Australian Kangaroo one ounce coin.
The new coin was an immediate hit. In ten months (September 2015- June 2016) the Perth Mint sold 15,146,753 ounces of silver, up 173.4% from the period of September 2014 – June 2015 when 5,553,261 ounces of silver were sold.
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