This article was originally printed in the latest issue of Numismatic News.
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The World Reserve Monetary Exchange has been named an authorized agent for the Perth Mint of Australia, it was announced Dec. 13. The Perth Mint strikes and distributes Australian legal-tender silver and gold investment coins and bars, as well as legal-tender Australian proof, numismatic and commemorative coins.
Headquartered in Canton, Ohio, the World Reserve was established in 2002 and has quickly grown to become the world’s largest distributor of U.S. coins and currency outside of the Federal Reserve, it says.
The Perth Mint was established in 1899 as a branch of Britain’s Royal Mint. It was created as a separate entity under the Gold Corporation Act of 1987 by an Act of Parliament in Australia. Today, the Perth Mint is the sole producer of Australian gold, silver and platinum investment coins.
“A partnership between the Perth Mint and World Reserve Monetary Exchange was a natural fit as we both have reputations for innovation and superb quality,” said Jeffrey S. Marsh, World Reserve president. “The Perth Mint has an outstanding appeal among investors and collectors worldwide.
“I am impressed with the Perth Mint and look forward to adding the World Reserve’s expertise in the U.S. market and our innovation to become a leading provider of high quality world gold, silver and numismatic collectibles to North America,” said Marsh. “In doing so, we expect to continue to create growth and add jobs here in Stark County and Northeastern Ohio.”
For more on the World Reserve and the products it offers, visit www.theworldreserve.com.