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Gold Lunar Monkey 2016 1oz

Product code: GLUN16

£1,956.12

Incl. £0.00 VAT

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Specifications

Manufacturer
Royal Mint
Country
UK
Fineness
999.9
Total Weight (grams)
31.103
Pure Metal Weight (g)
31.103
Diameter
32.69mm
Face Value
£100

Gold Lunar Monkey

The Gold Lunar Monkey is the 3rd in the 12-coin Shengxiao Collection, designed by artist Wuon-Gean Ho. These are gold coins issued from the Royal Mint. Coins will be packed loose or may come in Royal Mint tubes for orders of ten or more. If you’d like to protect individual coins, these coin capsules fit the Lunar Monkey gold coins.

The monkey succeeds the year of the Sheep in 2015 and year of the Horse in 2014, the first coins in the Lunar series.

The coin is struck in 999.9 gold, providing exactly one ounce of pure gold.

With a face value of £100, any profits made from sale are not liable to Capital Gains Tax.

Chinese Animal Zodiac

The Chinese Animal Zodiac is a repeating 12-year cycle, with each of those twelve years being represented by an animal and its attributes. The various animals are rat, ox, tiger, rabbit, dragon, snake, horse, goat, monkey, rooster, dog and pig. If born in a certain year, a person’s characteristics are meant to reflect those of the representative animal, both good and bad. As with many other zodiacs, this analysis is supposed to help gauge compatibility with other people. As with any ancient Chinese traditions, there are many fables and superstitions associated with the Chinese lunar zodiac. For instance, when the year of your birth animal comes around (every twelve years), you’ll experience an entire year of bad luck for offending the God of Age, unless of course you were something red given by an elder – obvious really! Interestingly, the Chinese zodiac yar doesn’t start on January 1st, but most commonly ties in with the lunar calender, with Chinese New Year falling between the dates of 21st January to 20th February, depending on lunar cycles.

Why these twelve animals?

The exact animals selected to represent the cycle have been tweaked and refined over the years. A large number of them reflect the most common household animals for Chinese people, namely dogs, pigs, goats, roosters, ox and horses. The others hold lucky implications and are held in high regard by the Chinese. The order of animal sequence is carefully determined by the ancient theory of ying and yang, or balance. The animals are arranged according to their number of claws, hooves, toes, etc, with an aim of alternating between odd and even. The rat comes first in the sequence because it has it has more toes on its hind legs than fore legs, a rare fact, with rarity being valued enough to place it first. The monkey has five toes per limb (odd – yang) and is positioned ninth in the annual sequence. The monkey’s attribute is changeability, with its saying being ‘changeability without being constant leads to foolishness’.

Our expert opinion

The Gold Lunar Monkey is definitely a coin worth adding to your collection for several reasons. As a Royal Mint produced legal tender coin, it qualifies as a tax-free gold coin.  The design in 24 carat gold is beautiful and being part of a limited-edition series, makes the coin collectible too. You’ll have to pay a slight premium over standard mass -produced bullion coins such as the Britannia, but as a long-term investment, it may rise in value quicker due to its added desirability. The Royal Mint have been very clever in designing a gold coin series to appeal to the huge Asian market. Already obsessed with everything British, the Mint know that China will have strong demand for these coins as they’re made in their preferred 24 carat (as opposed to the Sovereign coin’s 22 carat), is collectable ad even based on the Chinese zodiac! Having said that, if investment is your main strategy, we’d always recommend a mixed portfolio. Perhaps teaming this with other coins from the series, combing it with Britannias to lower average premium, or with smaller coins like the Half Sovereign to achieve flexibility.

Orders are delivered free of charge within the UK only.

Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.

Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.

You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.

In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.

For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.

If you request storage for your order, your goods will be sent free of charge to the storage vaults.

All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.

Please see further details of storage fees and minimum charges on our Storage & Delivery page.

Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.

A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.