The Year of the Dog 2006, the 11th gold coin in The Perth Mint's 12-coin Lunar series, has been released and is now available for immediate delivery. Officially, however, the Year of the Dog begins January 29, 2006, and runs until February 17, 2007.
The Perth Mint Lunar Series gold coins come in eight sizes: 1 kilo, 10-oz, 2 oz, 1 oz, ½ oz, ¼ oz, 1/10-oz, and 1/20-oz, with monetary denominations of $ 3,000, or $ 1,000, $ 200, $ 100, $ 50, $ 25, $ 15, and $ 5. An image of Her Majesty Queen Elizabeth II adorns the front, the back bears the image of a beagle. The 1 oz ounce ($ 100) is by far the most popular of the Lunar Series gold coins.
The silver coins in the Lunar series come in seven sizes: 1 kilo, ½ pounds, 10 oz, 5 oz, 2 oz, 1 oz, and 1/20-oz, with monetary denominations of $ 30, $ 15, $ 10, $ 8, $ 2, $ 1, and 50 cents. As with the gold coins in the series, the front of the silver coins bear a likeness of Her Majesty Queen Elizabeth II. However, the reverse of the silver coin bears the image of a German Shepherd.
Perth Mint Lunar Series: Popular with coin collectors worldwide
The one-ounce gold coins in the Lunar series have become immensely popular with coin collectors worldwide for several reasons. Although the theme is not unique - other mints Lunar series have done during previous lunar cycle - timing seems to be for The Perth Mint Lunar Series because China will perfectly organize the Summer Olympics in 2008, a year after the series ends with the Year of the Pig . Interest in China - and everything related to China - appears to be growing. By 2008, we may see the "China Mania," the Lunar Series coins would make high popularity.
Another reason for the strong collector interest: Production of 1-oz coins is limited to 30,000 - a number that turned out to be ideal for a range of collections. The 2000 Year of the Dragon reached the production ceiling of 30,000 and sells at a large premium on the secondary market.
The 2002 Year of the Horse 1 oz gold coins also hit the production cap and is no longer available from The Perth Mint. Recently, premiums at the 1-oz Gold Horses rupture, suggesting that wholesalers of coins, or are about to be. At the point If the wholesalers are 1-oz Gold Horses, they will be hard to find in large quantities.
The 2001 Year of the Snake will probably be the next one-ounce gold coin in the series to hit.'s Production ceiling Gold Snakes can usually be purchased at premiums comparable to 1-oz Gold Eagles, the world's best-selling gold bullion coins. The other 1-oz Lunar Series gold coins not the production of 30,000 reached usually have to sell at slightly higher premiums than Gold Eagles.
Perhaps the main reason for the popularity of the Lunar series is the high quality of the coins. The Perth Mint has an uncompromising commitment to quality, and no other coin shows beautiful coins. Founded in 1899, The Perth Mint operated as a branch of the British Royal Mint in 1970, but is now owned by the Government of Western Australia.
None of the silver coins in the Lunar series have reached their production limits, probably because the silver coins are priced for the collector market. The gold coins in the series, on the other hand, are priced at about the same prices as popular gold coins like the American Gold Eagles and the Gold Maple Leafs. This means that by going to the Lunar Series gold coins bullion investors collectible gold coins can have without paying huge collector premiums.
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