Mint Forges New Global Relationship

Mint Forges New Global Relationship

As the global demand for gold continues unabated, New Zealand’s sole privately-owned mint is forging new alliances in the international market.

NZ Mint is now working in partnership with Switzerland’s PAMP, one of the world’s most respected suppliers of bullion to the international market.

The partnership means that NZ Mint can make inroads into markets where supply is limited and capitalise on gold’s rediscovered status as a hedge in troubled times.

The New Zealand Mint and PAMP have collaborated to produce a new gold coin called the Pacific Sovereign, 1oz of pure gold in a legal tender bullion coin.

The Pacific Sovereign is legal tender of Fiji with a nominal value of F$100.

NZ Mint is New Zealand’s leading supplier of bullion and commemorative coins and is working closely with PAMP to provide concepts for new coins and manage business and marketing relationships.

To launch the coin, PAMP has provided minting services and distribution through impeccable contacts in the bullion trade developed over many years. The Pacific Sovereign carries a PAMP mint market, recognised world-wide as a mark of authenticity and quality.

A limited edition coloured New Zealand version will also be available with a limited mintage of 1,000.

NZ Mint bullion manager Michael O’Kane says people are buying gold as an insurance policy against the recession. “Difficult financial times see people turn to gold as a safe haven investment and that is currently causing a shortage world-wide.”

On the Web: www.newzealandmint.com

ENDS

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