What Are Australian Lunar Series Gold Bullion Coins?

Gold coins struck by Australia's Perth Mint have gained a reputation for quality and special appeal. The gold coins in the Lunar Series are no exception. They symbolize what makes Australian coins special. They come in the purest possible in gold bullion coins, which is 24 carat gold. Lunar Series Gold Coins are manufactured by the Perth Mint, which has a long history of making coins. The Mint issues bullion coins in different denominations, metals and designs that are worth investigating if you have an interest in gold coins.

Australia's Perth Mint - Some More Information

Once a branch of the British Royal Mint, the history of the Perth Mint dates back to 1899 when it started producing coins for circulation as currency. The Perth Mint was established because of its proximity to the goldfields of Western Australia. The Mint remained under British control until 1970.

In 1987 the Gold Corporation was established by the Australian Government to create a coin production program. The Kangaroo, or Nugget series was the first series of gold coins to be minted. Australia's Perth Mint has a reputation for innovation and its high quality portfolio of coins are praised by coin enthusiasts.

{The History Of Of The Lunar Series

The only question with wealth is, what do you do with it?

The 12 year cycle of the Chinese Lunar calendar is commemorated by this edition of gold bullion coins. The Series of gold bullion coins was first issued in 1996 and features a Lunar calendar symbol on one side of the coin. The initial Series commenced with the Year Of The Rat and finished with the Year Of The Pig in 2007. The coins' obverse side features an imprint of Queen Elizabeth II. Lunar Series II is currently in production depicts different designs celebrating the same symbol for each year as the first series. This edition features the Lunar Year symbol with one of the five natural elements of metal, earth, wood, water and fire. What this means is each symbol/element combination will only repeat every sixty years.

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

The Perth Mint issues out of date coins until the limit for that series has been met, making it easy for investors to finalize their collections. This highlights the Mint's understanding of the special appeal of these coins to collectors. Another of the reasons that coins struck by the Perth Mint are are held in high esteem.