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What Are Australian Lunar Series Gold Bullion Coins?

By: Paul Meiffinger

Gold bullion coins manufactured by Australia's Perth Mint have gained a reputation for quality and special fascination. The gold bullion coins in the Lunar Series are no exception. In fact, they epitomize what makes Australian coins special. They come in the purest possible in gold coins, which is 24 carat gold. Lunar Series Gold Coins are minted by Australia's Perth Mint, which has a long history of coin making. The Perth Mint issues coins in a range of metals, designs and weights that are worth exploring if you have an interest in gold bullion coins.

The History Of Australia's Perth Mint

Once an overseas branch of the British Royal Mint, the origin of the Perth Mint dates back to 1899 when it began to produce coins to be used as currency. The Perth Mint was established due to its proximity to the Western Australian goldfields. The Mint remained under British control until 1970.

In 1987 the Gold Corporation was established by the Australian Government to produce gold coins. The Nugget, or Kangaroo series was the first series to be produced. The Perth Mint is reputed to be innovative and its portfolio coins are praised by numistatists and investors alike.

{Some Information On Of The Lunar Series

The Chinese Lunar calendar is commemorated by this edition of gold coins. The Series of gold coins got its start in 1996 and features a symbol of the Lunar Calendar on the reverse side of the coin. The first Series commenced with the Year Of The Rat and finished with 2007's Year Of The Pig. The coins' obverse side features an impression of the Queen. The current edition, Lunar Series II depicts different designs commemorating the same symbol for each year as the first series. This edition has the Lunar Year symbol with one of the five elements of earth, wood, metal, fire and water. This means each element/symbol combination will only appear once every sixty years.

Some coin classes in the Lunar Series are manufactured with no limit on the number manufactured. These coins are in the more popular higher weight varieties.

The Perth Mint produces out of date coins until the limit for that series is met, making it easy for investors to finish their collections. This reflects the Perth Mint's appreciation of the appeal of these coins to coin enthusiasts. Another of the reasons that bullion coins produced by the Perth Mint are are held in high esteem.

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To read more about australian lunar series gold bullion coins, or you can buy australian lunar series gold coins through The Precious Metal Shop.

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