Australian Lunar Series

Definition

Australian Lunar Series is a collection of gold and silver coins issued by the Perth Mint, celebrating the Chinese lunar calendar. Each year, the series features a different animal from the zodiac, appealing to collectors and investors alike. The coins are renowned for their artistic designs, high purity, and limited mintage, making them both a cultural tribute and a valuable investment.

How It’s Used in the Industry

The Australian Lunar Series is utilised in various ways within the numismatic and investment sectors. First, collectors seek these coins for their artistic value and limited availability. Second, investors purchase them as a hedge against inflation and currency fluctuations, given their intrinsic metal value. Third, the series is often marketed during the Lunar New Year, enhancing its appeal. Dealers and distributors promote these coins through exhibitions and online platforms, ensuring accessibility to a wide audience. Lastly, the coins are sometimes used in gifting, particularly during celebrations related to the lunar calendar.

History & Origins

The Australian Lunar Series was first launched in 1996 by the Perth Mint, coinciding with the Year of the Rat. The series was created to cater to both the growing demand for bullion coins and the cultural significance of the Chinese zodiac. Over the years, it has gained immense popularity, leading to the release of multiple series, including the second iteration that began in 2008, further solidifying its place in the global numismatic market.

Variations & Related Terms

There are several variations within the Australian Lunar Series, including different coin sizes (1 oz, 1/2 oz, 1/4 oz, etc.) and metals (gold, silver, and platinum). Additionally, special editions and proof coins are released, featuring enhanced designs and finishes. Related terms include ‘bullion coins,’ which are primarily valued for their metal content, and ‘numismatic coins,’ which are valued for their rarity and collector interest.

Modern Applications

Today, the Australian Lunar Series is widely used for investment and as a collectible item. Investors leverage these coins to diversify their portfolios and protect against economic downturns. Collectors actively seek out specific years and designs to complete their collections. The series also serves as a cultural symbol, with many purchasing the coins to celebrate the Lunar New Year or as gifts for friends and family, further enhancing its relevance in contemporary society.

Practical Tips & Products

When purchasing Australian Lunar Series coins, consider buying from reputable dealers to ensure authenticity. Look for coins in original mint packaging for better resale value. It’s wise to stay informed about market trends and mintage levels, as these factors can influence prices. Additionally, consider joining collector forums or groups to share insights and gain access to exclusive releases.