The Perth Mint's 2016 lunar coins were released on 5th October, 2015. We received our first delivery on 15th October. These coins are sold as investment products.
The Year of the Monkey officially starts on February 8th, 2016. It is the Chinese year 4714. The monkey is the 9th animal in the lunar cycle. People born in the Year of the Monkey are said to be intelligent, ambitious and adventurous. They can however have a mischievous side. The one ounce coins have a mintage figure of just 30,000 coins. The Perth Mint will stop producing the 1oz coins either when the mintage is fully sold at the end of the year, whichever comes first. We expect the 1oz size to be incredibly popular, as always. The 1kg, 10oz, 2oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz coins 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.
The Chinese Lunar Calendar is based on a 12 year cycle. Each year is associated with a different animal. Australia's Perth Mint started issuing series of Chinese Lunar Calendar Coin, both in gold and silver, in 1996, with the Year of the Rat. The 12 year cycle of this first series ran from 1996 to 2007 inclusive, and all designs proved to be very popular. In fact, we rarely manage to buy any of the older years, which tend to be very hard to source. The second series has proved even more popular than the first, with the one ounce coins being massively oversubscribed at The Mint.
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 coin’s reverse shows an adult monkey sitting on a branch of a peach tree, which is symbolic of longevity and immortality. The Chinese character for ‘monkey’ and the inscription ‘Year of the Monkey’ also appear in the design with The Perth Mint’s traditional ‘P’ mintmark.
|Gross weight||15.554 g|
|Net fine weight||0.5 ozt|
|Face value (AUD)||$50|
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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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