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Gold Lunar Rooster 2017 1oz

Product code: GLUN17

£1,807.28

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 Rooster 1oz Coin

The Gold Lunar Rooster is the 4th in the 12 coins Shengxiao Collection, designed by artist Wuon-Gean Ho.

This is a brand-new bullion finish coin, issued by the Royal Mint. Coins will be packaged loose for small quantities and may come in Royal Mint tubes for orders of 10 or more.

The Rooster succeeds the year of the Monkey in 2016, Sheep in 2015 and Horse in 2014, the first coins in the Lunar series.

The bullion 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

Haven’t we seen the Rooster before?

It’s important not to confuse these 1oz British Lunar Rooster coins with the well-established French 20 Franc Rooster coins. These French coins have been minted since the turn of the twentieth century and are far smaller than the UK 1oz coins. While well-known and liquid in France and on the mainland continent, they hold less global appeal. A easier mistake to make would be to confuse the UK lunar series with that of the Australian Perth Mint. In particular, they’re also 1oz coins and the Rooster (for obvious reasons) is also on the reverse of the 2017 Perth version. Not only are the coins less attractive to look at in our opinion, but they’re not Capital Gains Tax-free like the UK coin.

Year of the Rooster

Unlike a traditional western calendar which represents one year being broken into 12 months, the Chinese zodiac is based on a 12-year cycle. Like the Western zodiac, each of the 12 elements represents a particular personality or set of traits which are associated with people born within that part of the zodiac. Whereas the Western zodiac is represented by a mix of animals and symbols, the Chinese zodiac is characterised by animals only. The 12-year cycle stems from the rough time it takes the solar system’s largest planet, Jupiter to orbit the sun. This observation and the 12-year cycle is not only popular in Chinas, but also through Asia and the Buddhist community, although the Chinese are most strongly linked to this zodiac. It’s a shrewd move by the Royal Mint to produce a series of coins based on this due to the inherent appeal throughout Asia, a significant buyer of gold.

2017 represents the Year of the Rooster, and recent other Rooster years are 2005, 1993, 1981 and 1969. The Rooster, better known as the humble chicken in English, is the only bird within the animal zodiac. Each 12-year cycle is also assigned one of five elements which rotate with each cycle. 2017 is allocated the fire element, with the other four being earth, metal, water and wood. Personality traits are meant to be independence, bright, honest and ambitious, although impatience and selfishness are also common!

Our Expert Opinion

This coin appeals to both investors and coin collector’s. As the 4th coin in a series of 12, adding the Gold Lunar Rooster to your collection is essential and satisfying due to its unique design. As a gold investment, the coin is a safe bet. Being produced by the Royal Mint ensures its quality, global appeal and most importantly tax-free status. It bridges the price gap between the standard 1oz Britannia coin and the higher premium of the Queen’s Beast series. This enables you to own a limited issue coin without paying a significant premium. As a 1oz coin, it feels satisfying in your hand and production costs are kept lower than with smaller fractional coins.

Definitely worth owning for collectors as part of the ongoing series. For investors, it’s best mixed with Britannias and Sovereigns to achieve a balanced portfolio and mix between low price and growth potential. Being based on the Chinese Lunar cycle it holds particular appeal for the Asian market, already obsessed with all things British, which should enhance returns in the future for a coin that will only be obtainable in the second-hand market.

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.