Perth Mint

Bees have appeared on coins for millennia, hinting at an age-old link between sweetness and value

Retrieved on: 
Monday, July 24, 2023

Around 2,400 years earlier, a mint in the kingdom of Macedon had the same idea, creating a silver obol coin with a bee stamped on one side.

Key Points: 
  • Around 2,400 years earlier, a mint in the kingdom of Macedon had the same idea, creating a silver obol coin with a bee stamped on one side.
  • Over the centuries between these two events, currency demonstrating a symbolic link between honey and money is surprisingly common.

What is currency and why is it important?

    • Currency is a physical manifestation of money, so coins are a durable representation of value.
    • A bee and honeycomb are shown on the 3 Mils coin, symbolising the fact that honey was used as currency in Ancient Malta.
    • The use of bees on ancient coins extended for many centuries including widely circulated bronze coins, and new varieties continue to be discovered.

Why we might like bees on coins

    • Our brain may thus be pre-adapted to liking bees due to their association with the sweet taste of honey.
    • Early usage of bees on coins may have been a functional illustration of the link between a known value (honey) and a new form of currency: coins as money.

The bee on modern coins

    • The use of bees as a design feature has persisted from ancient to modern times.
    • A honeybee visiting a flower is shown on a series of ten-centesimi bronze coins issued in Italy from 1919 to 1937.

Bees on coins, today and tomorrow

    • Public awareness of bees and environmental sustainability may well be factors in the current interest in bee coins.
    • The diversity of countries using bees as a design feature over the entire history of coins suggests people have valued the relationship with bees as essential to our own prosperity for a long time.

SMX's Subsidiary trueGold Extends its Commercial Activity to a New Application Beyond Gold Bars and Coins to Watches and Jewelry.

Retrieved on: 
Tuesday, May 23, 2023

trueGold invisibly 'marks' the gold with a durable marker, that will allow the physical gold to have a complete and transparent memory of its journey from mine-to-marketplace, to recycle and reuse.

Key Points: 
  • trueGold invisibly 'marks' the gold with a durable marker, that will allow the physical gold to have a complete and transparent memory of its journey from mine-to-marketplace, to recycle and reuse.
  • In addition to gold bars and gold coins, the application is now extended to gold watches and jewelry products.
  • The trueGold technological solution is a drop-in process and can be deployed at any location along the supply chain.
  • In addition to gold bars and gold coins, the application is now extended to watches and jewelry products.

SMX' Tech Application for Gold Receives Accreditation from LBMA

Retrieved on: 
Friday, March 10, 2023

The LBMA is an independent authority ensuring the highest standards of integrity and transparency for the global precious metals industry.

Key Points: 
  • The LBMA is an independent authority ensuring the highest standards of integrity and transparency for the global precious metals industry.
  • The Accredited Gold Bar Security Features form part of the Gold Bar Integrity (GBI) Initiative Program that was launched at the Sustainability and Responsible Sourcing Summit by the LBMA in London last year.
  • Hence the Security Features are a physical feature that will establish the identity and verify the authenticity of a gold bar.
  • A key advantage of trueGold's Security Feature and digital tech platform offering is its interoperability for the gold industry and across the precious metals supply chain.

trueGold's Growth Gains Momentum as it Welcomes Two New Strategic Investors, Partners and Board Members

Retrieved on: 
Tuesday, August 23, 2022

Based in Australia, trueGold welcomes strategic investors and partners, Ava Global Logistics and Alberto Morales, who join the growing consortium with a pre-money valuation of AUS$60million.

Key Points: 
  • Based in Australia, trueGold welcomes strategic investors and partners, Ava Global Logistics and Alberto Morales, who join the growing consortium with a pre-money valuation of AUS$60million.
  • In addition, Grant Angwin has been appointed the Chairperson who will lead the Gold Industry Advisory Board and Jason Waters will join the Board of Directors.
  • The two latest investors joined trueGold Consortium a jointly held company of SMX and W.A.
  • The barcode is read using the company's unique 'reader' to access the corresponding stored data, recorded, and protected using blockchain technology.

Metaverz Studio Announces AOZ NFT Drop on December 15

Retrieved on: 
Wednesday, December 15, 2021

SINGAPORE, Dec. 15, 2021 /PRNewswire/ -- Backed by Metaverz Studio, Age-of-Z (AOZ) is a first-of-its-kind movement that harnesses the power of NFTs to create a decentralized community living in and out of the metaverse.

Key Points: 
  • SINGAPORE, Dec. 15, 2021 /PRNewswire/ -- Backed by Metaverz Studio, Age-of-Z (AOZ) is a first-of-its-kind movement that harnesses the power of NFTs to create a decentralized community living in and out of the metaverse.
  • On December 15, 2021, at 8 AM (UTC), the official public sale of 1,500 Age-of-Z NFTs will begin.
  • After the transaction is confirmed on the Ethereum blockchain, the NFT can be viewed by heading to 'My NFT', and from there, users can redeem their AOZ Citizen ID.
  • Also, a liquidity pool comprised of 5% royalties from NFT sales will be launched to stabilize the price of AOZ NFTs.

Birch Gold Group Named Sole Authorized Dealer of Australia's Gold and Silver Florins, First Coins of Their Kind in Half a Century

Retrieved on: 
Thursday, June 10, 2021

As a result of the new agreement with Perth Mint, Birch Gold Group is the only official seller of both these gold and silver florin coins.

Key Points: 
  • As a result of the new agreement with Perth Mint, Birch Gold Group is the only official seller of both these gold and silver florin coins.
  • "We are absolutely thrilled Perth Mint made Birch Gold Group the only source for their gold and silver florin coins.
  • We expect it to quickly become one of Birch Gold's best sellers," said Peter Reagan, financial market strategist with Birch Gold Group.
  • For more information on the Australian gold or silver florin coins, and Birch Gold Group's products and services, visit https://www.birchgold.com or call (800) 355-2116.

The Perth Mint Introduces Gold Trading App to U.S. Investors

Retrieved on: 
Wednesday, September 9, 2020

The Perth Mint , one of the worlds largest precious metals refining, minting, storage and distribution enterprises, has launched its existing gold investment app GoldPass in the United States.

Key Points: 
  • The Perth Mint , one of the worlds largest precious metals refining, minting, storage and distribution enterprises, has launched its existing gold investment app GoldPass in the United States.
  • Now trading in USD, GoldPass allows investors to securely buy, sell and transfer gold at the touch of a screen, at any time and from anywhere.
  • Weve certainly seen an increased appetite for gold among U.S. investors, particularly in the current climate, Hayes remarked.
  • Over the past year, The Perth Mint has watched a distinct trend emerge as new and younger investors turn to gold, particularly when it is offered via digital platforms.

UP Alliance Launches Digital Token Backed by Government-guaranteed Gold (UPXAU)

Retrieved on: 
Thursday, August 13, 2020

GoldPass is the only physical gold offering in the world that is underpinned by government-guaranteed gold, carries no storage costs and is physically redeemable, said Dan Schatt, Chairman of the UP Alliance.

Key Points: 
  • GoldPass is the only physical gold offering in the world that is underpinned by government-guaranteed gold, carries no storage costs and is physically redeemable, said Dan Schatt, Chairman of the UP Alliance.
  • When you combine this with all that the UP Alliance can provide including transparent value substantiation, digital portability, and debit card spendability, this delivers a mainstream solution that gold investors have been waiting for.
  • Soon, users will be able to redeem UPXAU for physical bars of gold when staking the Universal Protocol Token (UPT), a utility token issued by the UP Alliance and available on Bittrex Global and Uphold.
  • For more information please visit: https://www.perthmint.com/
    GoldPass is a full-service gold investment app that allows users to securely buy, store and transfer physical gold via digital certificates.

The Perth Mint Physical Gold ETF Recruits Commodity ETF Authority Kevin Rich To Support Distribution

Retrieved on: 
Thursday, June 20, 2019

As a consultant for The Perth Mint, Rich will spearhead various business development initiatives that focus on product development and sales.

Key Points: 
  • As a consultant for The Perth Mint, Rich will spearhead various business development initiatives that focus on product development and sales.
  • Rich has also worked at Deutsche Bank (DB), where he developed and launched the first futures-backed commodity ETF in 2006.
  • Additional information can be found on the Exchange Traded Concepts' website at:
    The Perth Mint is the trading name of Gold Corporation, the Custodial Sponsor and Custodian of The Perth Mint Physical Gold ETF (NYSE Arca: AAAU).
  • For a prospectus or summary prospectus with this and other information about The Perth Mint Physical Gold ETF ("Trust"), please call 1-844-880-3837 or visit the website at https://www.aaauetf.com .

Royal Canadian Mint to unveil circulation coin commemorating the 100th anniversary of the signing of the Armistice

Retrieved on: 
Thursday, October 11, 2018

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins.

Key Points: 
  • The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins.
  • An ISO 9001certified corporation, the Mint is recognized as one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale.
  • For more information on the Mint, its products and services, visit www.mint.ca .