The Australian 'Series Two' 2016 Australian Chinese Lunar Calendar Year of the Monkey silver bullion coins, by the Perth Mint, were released on 5th October, 2015 This is an investment product.
The one ounce coins have a mintage figure of just 300,000. As in previous years, we expect the one ounce coins to be extremely popular. The 1 kilo, 10oz, 5oz, 2oz and 1/2oz coins will be produced on a "mint-to-order" basis, meaning there is no limit to the amount that will be produced. Once production closes at the end of 2016, the Perth Mint will announce each of the different sizes official mintage figures. A maximum of 150 10 kilo coins were produced on a mint-to-order basis, but sold out within days of their release
The obverse features the Ian Rank-Broadley fourth portrait of Queen Elizabeth II. Even though a fifth portrait was of the Queen was unveiled in 2015, the coins still feature the fourth portrait, so as to keep them the same as other coins in the series.
The reverse design shows an adult and baby monkey sitting in a peach tree. The baby is holding a peach, which is said to represent immortality.
Metal | Silver |
Weight / Size | 0.5 Ounce |
Silver Weight Troy Ounces | 0.5 |
Fineness / Carat | 0.999 Fine |
Mintage Figure | 233,615 |
Date | 2016 |
Obverse Designer | Ian Rank-Broadley |
Reverse Designer | Ing Ing Jong |
Mint / Brand | Perth Mint |
Country | Australia |
General
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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