Australian Lunar Gold Coins
Perth Mint Lunar Gold
The Perth Mint’s extremely popular gold Lunar coins depict the Chinese Lunar Calendar, which dates back to 2600 BC, offering 12 fascinating animal designs corresponding to each sign in the calendar’s 12-year cycle and, in turn, each animal sign is governed by five elements: wood, fire, earth, metal, and water. Each element appears with each animal only once every 60 years.
All sizes in The Australian Lunar gold range change their design each year. Like the Australian Nugget, the large bullion coins are unlimited in mintage but the coins of 1oz and smaller are strictly limited..
The series was launched in 1996 with the Year of the Mouse coins and although aimed at the collector market are sold at a small premium to metal value, and while these coins can be bought for the same value as other bullion coins these should be the first choice for the long term gold investor.
All sizes in The Australian Lunar gold range change their design each year. Like the Australian Nugget, the large bullion coins are unlimited in mintage but the coins of 1oz and smaller are strictly limited.
The Lunar Series hold greater upside potential than do bullion coins (Gold Eagles, Maple Leafs, Krugerrands, etc.) for several reasons.
Gold coin investors should always, when the opportunity presents itself, invest in bullion coins that have the potential to attain collector status. Such coins offer the opportunity to profit from an increase in the price of gold and from premium increases. The Perth Mint's Lunar Series coins are such coins Going in, investors pay only a few dollars more than they would for Gold Eagles, Kruggerands, Maple Leafs. However these have little, if any, potential for premium increases. They are strictly bullion coins. The Lunar Coins, on the other hand, are sold mostly to collectors who are used to paying premiums for collector coins.
There are several reasons to expect the Lunar Series coins to achieve premiums.
Production of the 1-oz coins for each year is limited to 30,000. By comparison, Gold Eagles have unlimited production. In 1998 and 1999, the U.S. Mint turned about 1.5 million 1-oz Gold Eagles each year.
Second, the Lunar Series coins are among the most beautiful coins being struck today, and the Lunar Series coins are .9999 fine gold, which is traditionally preferred in Asia. In contrast, gold coins in the Western World have nearly always been alloyed with a little copper, which makes the coins more durable and protects against loss of gold during use. Because the Lunar Series coins are soft .9999 fine gold, each coin is encapsulated at the Mint in a protective hard plastic capsule..
Third, the Lunar Series coins carry images of popular animals that represent the years of the Lunar Calendar, which is well-known throughout Asia, In 2008, China will host the Summer Olympics. As those Olympics approach, we can expect the media to pound us with stories, articles, interviews, etc. about China, its land, people, and culture. More people will learn about the Lunar Calendar, and we can expect Lunar Calendar promotions of everything from trinkets to gold coins.
Because of these features, Lunar Series coins have the potential to increase in value two ways: through an increase in the price of gold and by increases in the coins' premiums. These coins should be the first choices of long-term gold investors.
Over time, the entire series of 12 distinct designs will be available, completing a unique and precious Australian Lunar Bullion Coin Collection.
2002 1 oz Bullion
|1996||Year of the Mouse||100,000||1997||Year of the Ox||100,000|
|1998||Year of the Tiger||100,000||1999||Year of the Rabbit||100,000|
|2000||Year of the Dragon||100,000||2001||Year of the Snake||100,000|
|2002||Year of the Horse||100,000||2003||Year of the Goat||100,000|
|2004||Year of the Monkey||100,000||2005||Year of the Rooster||100,000|
|2006||Year of the Dog||100,000||2007||Year of the Pig||100,000|
In addition to their precious metal investment potential, these legal tender coins are ideal as distinctive gifts for friends, family or business partners during Chinese New Year, to celebrate the birth of someone born in a particular Lunar Calendar year, or to create a piece of jewellery. The coin’s annual design changes and limited mintages also provide extra potential for numismatic appreciation over time.
These coins are distinguished from other precious metal investment coins by:
All coins are legal tender under the Australian Currency Act 1965 and bear an effigy of Her Majesty Queen Elizabeth II and the monetary denomination on the obverse.
|Mintages of the Australian Lunar bullion coins are restricted to:|
|1 oz||1/2 oz||1/4 oz||1/10 oz||1/20 oz|
|Maximum Mintage||30,000||? (Watches, brooches etc)||60,000||80,000||100,000|