It appears the Asians are ramping up their purchases of physical silver at these NYCOMEX induced fire sale prices.

Regards - VHF

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Perth Mint Sells-Out 1 oz Kookaburra and Lunar Mouse Silver Bullion Coins

Stephen Ward

May 13, 2011

BULLION BARS AND COINS

The Perth Mint has reported two more sell-outs from the Australian Silver Bullion Coin Program.

The 2011 1oz Australian Kookaburra has sold its total mintage of 500,000, while the 2008 1oz Australian Lunar Mouse has reached its 300,000 mintage limit.

Introduced in 1990, the 1oz Kookaburra was traditionally restricted to 300,000 coins annually. But the Mint’s decision to increase the mintage for the first time in 20 years has been vindicated with the full half-million coins sold in eight months.

Meanwhile, the Australian Lunar Silver Bullion Coin Series goes from strength-to-strength. All four 1oz coins released since the start of Series II – the 2008 Mouse, 2009 Ox, 2010 Tiger and 2011 Rabbit – are now fully sold.

Buyers in search of current 1oz Australian silver bullion coins can still acquire the unlimited 2011 Australian Koala.

Fresh designs for 2012-dated releases, including the much-anticipated Year of the Dragon coins, will be announced by the Mint in September/October.