Lunar Monkey 1oz Gold Coin 2016
Perth Mint
Founded in 1899 in Perth, Australia. The Perth Mint holds the world record to mint the biggest gold coin with 1012 kg. Globally loved by investors for their high quality and wide range of investment and collectors coins.
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The Lunar Monkey 1 oz gold coin 2016 is the current gold bullion coin of the Lunar II series by the Royal Perth Mint. The monkey is the eighth sign of the Chinese zodiac and stands for humor, eloquence and an alert mind.
Alloy & scratch resistance
The gold coin Lunar Monkey 1oz 2016 consists of 24 carat pure gold and has a fineness of 999.9/1000. Due to this high fineness the coin is relatively sensitive to scratches, but therefore has a pure gold coloring, because no alloying elements such as copper or silver are contained. Gold coins with such a high fineness, should if possible not be removed from its protective packaging to preserve its surface.
Weights, size and ratings
With a fineness of 999.9/1000, the Lunar Monkey 1oz has a fine weight of 31.103 grams. The 1oz Lunar II gold coin is always minted in a limited edition of 30,000 pieces.
| Weight | Fineweight | Diameter | Thickness | Nominal Value |
|---|---|---|---|---|
| 1oz | 31.103 g | 32.1 mm | 2.8 mm | 100 AUD |
History of Lunar II
The Australian Lunar Series II is minted since 2008. It is the successor of the successful Lunar gold coins I series, which was issued in the time from 1996 to 2007 by the Royal Perth Mint. Topic of the current Lunar 2 gold coins are the motives of the 60-year lunisolar calendar, which shows the Chinese zodiac signs. In Asia still extremely popular, the Chinese calender displays the 12 motifs of species: rat (mouse), buffalo, tiger, rabbit, dragon, snake, horse, goat, monkey, rooster, dog, pig.
The Lunar Series II began in 2008 with relatively low requirements of the standard sizes 1 / 2oz, 1 / 4oz, 1 / 10oz, 1 / 20oz as showing below table displayed. An exception is the 1oz variant that is consistently high, with an annual circulation of 30,000 pieces. With the years, the requirements of the 1 / 2oz, 1 / 4oz, 1 / 10oz, 1 / 20oz multiplied. The Lunar II series will be completed with zodiac sign pig in 2019.
Edition Rise Lunar II
| Year | Motif/Zodiac Sign | 1oz | 1/2oz | 1/4oz | 1/10oz | 1/20oz |
|---|---|---|---|---|---|---|
| 2008 | Mouse | 30.000 | 3.328 | 5.394 | 5.723 | 5.262 |
| 2014 | Horse | 30.000 | 17.839 | 18.621 | 34.181 | 20.879 |
Appearance
The gold coin Lunar II Monkey has a rippled edge and an edge rod. Both elements serve the aesthetics and protection against manipulation, since it is almost impossible due to the delicate structure of the elements to separate gold from the coin.
Front
The design of the front shows a monkey sitting on a branch and with turned head looks at a fruit. In addition to the design, the mint mark of the Perth Mint is embossed, as well as in Chinese writing the character for monkey. Under the motive is in English "Year of the Monkey". Surrounded by topic and are writing from a decorative circle, the irregular tapering lines showing.
Back
The reverse depicts Queen Elizabeth II, as is common with Commonwealth gold coins. The following labels are on the back:
- Regent: Elizabeth II
- Country: Australia
- Denomination: $ 100
- Embossing year: 2016
- Fine weight: 1OZ
- Fineness: 9999
- Material: GOLD
Advantages & Disadvantages II Lunar Monkey 1oz
Like all gold bullion coins, also has the Lunar II gold coin pros and cons. A clear advantage is the beautiful coloring of the coin, since it consists of 24 carat gold. This color will delight you for years to come, because gold does not corrode. At the same time the use of 24-carat fine gold demonstrates its greatest weakness: bad scratch resistance. Gold is very soft and sensitive to mechanical influences, so that even the slightest touch of harder objects, will result in scratches.
In short
- globally recognized gold bullion coin
- very nice and consistent staining
- does not corrode
- high fineness
- storable in little space
- beautiful design
- Gold is relatively crisis-proof
- renowned Mint
- Scratch sensitive
Particularities
Next to the standard sizes such as 1oz, 1/2oz, 1/4oz, 1/10oz, the Lunar II gold coin series is also available in very unusual weights: 1 / 20oz, 2oz, 10oz, 1kg, 10kg.
Unlike the Australian Lunar gold coin I, the motives of the Lunar II are larger and the information Fineweight & fineness are embossed on the back.
The Australian Lunar II with the weight of 1oz, is embossed with an annual circulation of 30,000 copies since 2008.
The Australian Royal Perth Mint is also the publisher of the largest gold coin in the world and has a weight of 1 ton, the diameter of 80 cm and bears the name "Red Kangaroo“.
Manufacturer Royal Perth Mint
One of the most prestigious mints for investment gold coins and bullion is the Australian Royal Perth Mint, based in Perth. Founded in 1899 as a branch of the British Royal Mint, the Perth Mint has its own refinery and mint. According to the Perth Mint about 4500t of gold were refined 2000 and made into gold bars and gold coins. The product portfolio consists of Australian Kangaroo Gold Coins and Silver Coins, Gold Sovereign coins, Australian Koala Silver Coins, Perth Mint gold bullion and silver bullion.
Tips gold bullion coins
Basically, there are several factors that you should consider when buying gold bullion coins. We try in this short treatise, to address the most important ones.
Price composition
The price of gold coins shall be composed of the current gold price and the premium levied by the Mint and ultimately by the seller.
Gold Price
Gold investments are best if the gold price is relatively low, in order to obtain the maximum value for money. We recommend to find out in advance how the gold price has developed in recent years and the current price levels. As a rule, the price of gold rises in inflation and crises since the gold capital protection serves. In times of economic recovery gold prices usually fall as other investments promise higher returns.
Premium
Furthermore, gold-bullion coins have different levels of premiums. The total premium is composed of several factors. Gold coins which are produced in large editions, are usually less expensive. Another factor is the alloy composition - when silver is included in the alloy the premium will be higher, as the price of silver needs to be factored into the premium. Furthermore, the premiums at weights below 1 ounce, since the production costs of smaller gold coins are usually as high as in a 1oz gold bullion coin increase. Another increasing factor is the margin from the seller, which is also reflected in the premium.
Product Details Lunar II Monkey 1oz 2016
- Manufacturer: Royal Perth Mint
- Country of origin: Australia
- Karat: 24 K
- Gold: 99.99%
- Fineness: 999.9 / 1000
- Alloy: Gold
- Weight: 1oz
- Scratch resistance: poor
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | Australia |
| Manufacturer | Perth Mint |
| Series | Lunar II |
| Purity | 999.9/1000 |
| Fineweight | 31.10 gram |
| Gross Weight | 31.10 gram |
| Denomination (oz) | 1 oz |
| Year of issue | 2016 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 100 AUD |
| Thickness | 2.50 mm |
| Diameter | 39.34 mm |
| Mintage | 30000 |
| Packaging | single in Capsule |
| Packaging Unit | 20 per roll |
| Large Packaging 2 | 100 per box |
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