To celebrate 2018 The Perth Mint have continued their Lunar Series of bullion coins with this 1KG Lunar Dog design in silver. These are brand new coins which come individually in plastic capsules or in bulk orders of 10.
Each coin contains 1KG of 999.9 fine silver and has a face value of A$30. It follows the 2017 year of the Rooster, the year of the Monkey in 2016, the goat in 2015, 2014 horse, and 2013’s year of the snake.
The obverse of this coin contains the fourth coinage portrait of Queen Elizabeth II by Ian Rank-Broadley.
The reverse of this coin, designed by Ing Ing Jong, has a German Shepherd dog lying side by side with a puppy.
There is also the Chinese character for ‘Dog’ and some Chinese Peony flowers.
The words ‘Year of the Dog ‘ appear at the base of the coin along with a ‘P’ which is the Pert Mint mintmark.
The huge size of these coins helps bring the average price per gram of silver down so we’re not surprised that these are as popular with investors as collectors. The sheer size is very satisfying to hold, maximising the appeal of owning precious metals in their physical form. The chinese theme should prove popular with the nearby Asian market, already Australia’s largest expert market.
In a similar way to the UK silver lunar series, the Perth Mint Lunar II coins are part of an limited issue collection which enhances their global appeal. If you’re a UK investor, it may be worth considering adding UK coins to this one to maximize tax efficiency. Buying Silver Britannias for instance, or even the Silver Queens Beast series, enables any profits to be Capital Gains Tax free.