1oz UK Silver Lunar Monkey coin 2016
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2016 1oz Silver Lunar Monkey
After the success of the Royal Mint’s Chinese zodiac collection, 2016 saw the 3rd coin released in this series and it was the Silver Lunar Monkey. This is a brand-new bullion finish coin, issued by the Royal Mint. Coins will be packaged loose for small quantities and orders of 25 or more may come in Royal Mint tubes, and bulk orders in monster boxes of 500.
The obverse of the coin contains the fifth portrait of Her Majesty Queen Elizabeth II along with the coins monetary value.
The reverse features a design by the Royal Mint’s designer Wuong-Gean Ho. It depicts a monkey at play in its natural habitat swinging through the trees.
This coin contains 1 troy ounce of fine silver and has a face value of £2, qualifying it as legal tender.
There was limited mintage of 138,888 coins. The coin is also produced as a Gold Lunar Monkey.
2016 Year of the Monkey
In the Chinese zodiac, each year is associated with one of 12 animals and one of five elements and these signs are meant affect your personality.
These zodiac sign/element combinations occur once every 60 years.
2016 was a Chinese Fire Monkey.
The 2016 Fire Monkey was said to be ambitious and adventurous but also irritable.
Famous Monkeys include Tom Hanks (Fire Monkey), Will Smith (Earth Monkey) and Justin Timberlake (Gold Monkey).
Our Expert Opinion
We see strong demand for the Royal Mint Lunar Series, and the Monkey is no different. It’s a very attractive silver bullion coin, benefiting from the Mint’s strong quality production and finishes.
The coin commands a premium over mass-produced silver coins due to its lower production figures and collectible nature. It strikes a great balance in appealing to both coin collectors, seeking to own the entire Lunar series, and silver investors, who seek a liquid, divisible, tax-efficient silver coin.
Demand for the Lunar series is boosted by the Chinese theme, and UK heritage, both of which resonate strongly in the significant Chinese precious metals market. The Royal Mint have wisely recognised the value in producing coins which appeal to the Asian market, which is reflected in their shift from a 22 carat Britannia to pure gold from 2013 onwards. Buyers in Asia always prefer 24 carat gold.
If you’re not interested in limited issue coins and are solely focussed on getting more tax-free silver for your money, then buying Silver Britannias may be a consideration. Combining the Britannia with the Royal Mint’s Lunar Series, Queen’s Beast series and Landmark Series, will produce a varied and tax efficient portfolio.
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.