Somehow, the Perth Mint cannot figure out why silver coin sales are going through the roof.

Yeah right - VHF

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Interesting Sales Trend Emerges - What's Your View

Stephen Ward - Perth Mint

June 6, 2012

BULLION BARS AND COINS

We’re witnessing an interesting new sales trend. Demand for 1/2oz silver bullion coins are increasing significantly – and we wouldn’t mind your thoughts on what’s happening.

Here’re our sales figures for 1/2oz Lunar and Koala silver bullion coins during the past five years:

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As you can see, growth has been particularly strong over the past two years. And remember, there are still almost seven months remaining before production of 2012 1/2oz Lunar and Koala coins is cut off.

We’ve considered three possible explanations.

• Because 1oz Lunar silver bullion coins sold out in each of the above years, some buyers opted for the smaller denomination of this popular series

• Increasing metal prices forced some investors to buy smaller denomination silver offered by the Koala series

• Divisibility became more of an issue for investors – with selling back in mind, they swapped the cost-effectiveness of large silver coins for the flexibility offered by small coins

As I said, this is conjecture.

In recent times Perth Mint 1/2oz silver bullion coins have been temporarily out-of-stock. We now have stock for those looking to buy.

So if you’ve changed your purchasing pattern and introduced more 1/2oz silver bullion coins to your precious metal pool, we’d really like to hear from you.

In short, is this a trend that’s likely to continue?