- Product Description
1oz 2024 Lunar Dragon Silver Coin1oz Silver Coin 2024 Year of the Dragon Series 3 - Perth Mint
These magnificent silver coins celebrate the Year of the Dragon, the fifth of twelve animals associated with the ancient Chinese lunar calendar. Those born under the sign of the Chinese Lunar Dragon in 2024, 2012, 2000, 1988, 1976 and every 12th preceding year, are said to be ambitious, successful, and charismatic. No mintage limit applies to the 1 kilo, 5oz, 2oz and 1/2oz coins. Except for the 1 kilo release, production of these coins will close at the end of 2024 when The Perth Mint will declare each coin's official mintage. A maximum of 100 10 kilo coins will be produced on a mint-to-order basis. Similarly, production will close at the end of 2024, when the coin's mintage will be declared. The Perth Mint will produce up to 300,000 1oz coins. Production will cease when the mintage is fully sold or at the end of the series, whichever comes first. Due to the low mintage of the 1oz size it is highly sought-after and is sure to sell out fast. Meticulously struck from 99.99% pure silver, the coins are issued as legal tender under the Australian Currency Act 1965.
The coin’s reverse portrays a dragon with water cascading from its mouth, stylised waves, and a flaming pearl, a symbol of wisdom. Included in the design is the Chinese character for ‘dragon’, the inscription ‘DRAGON 2024’ and a ‘P125’ mintmark signifying The Perth Mint’s 125th anniversary. The coin bears the Jody Clark Memorial Obverse of Her Majesty Queen Elizabeth II supplemented with the dates of her reign ‘1952-2022’, as well as the weight and fineness, and the monetary denomination
The Perth Mint is Australia’s leading precious metal refiner accredited by the LBMA. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold products are LBMA accredited and refined to 99.99% purity (= 24 carat) and all silver products are refined to 99.9% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.
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