GovMint to sell Kangaroos

This article was originally printed in the latest issue of Numismatic News.
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Continuing its series of first-time offerings, GovMint.com has announced the availability in the U.S. of the first year issue 2010 high- relief silver proof Kangaroo piedfort coins struck by the Perth Mint.

The 1-ounce silver proofs have a fineness of .999 and weigh 31.1 grams. The diameter is 32.6 mm, and the double thickness of the piedfort is 6.0 mm. The total mintage for worldwide distribution is 20,000 pieces.

The Perth Mint selected GovMint to be the exclusive U.S. distributor for these coins. Working with the mint, GovMint says it was able to secure the only first-strike, high-relief Kangaroo coins.

“This is the first time in the history of the Perth Mint that the Kangaroo has been depicted on a silver [double thickness] piedfort coin,” said Randy Geyen, GovMint’s chief marketing officer.

“The 2010 silver Kangaroo also represents the first time in Australian history that a silver bullion coin has been issued as a high-relief proof. The fact that it is a piedfort only adds to that distinction. Finally, we are particularly proud that GovMint is the only source for the first-strike proof piedforts.”

Geyen went on to point out that the high-relief coins are available from GovMint in two versions.

“Knowing that many collectors would inevitably be disappointed, we obtained additional high-relief proofs that do not carry the first strike certification,” he said. “These will be offered to collectors after we sell through the small quantity of first strike proofs.”

The first strike piedforts are limited to 1,000 pieces.

The price of the first strike Kangaroo silver proof piedfort is $129, and the non-first strike version costs $99.95.

More detailed information on pricing and availability of these piedforts and other GovMint coins can be found online at www.govmint.com or by calling (800) 721-0346 24 hours a day.