Australian Silver Dragon 1 oz – 2012
The 2012 Australian Silver Dragon 1 oz is the 5th coin in the popular Lunar Series II produced by the world famous Perth Mint. This beautifully made silver piece falls into the category of what we call “limited edition” bullion products.
What is special about these limited editions is that demand over time challenges supply and creates another price dynamic. Initially however there are enough produced to create demand and keep premiums relatively low.
The Perth Mint will limit production of the 2012 Australian Silver Dragon 1 oz so while you are buying primarily silver bullion the limited production creates the added plus of collectability over time.
The symbolism in this series is striking and the 2012 Australian Silver Dragon 1 oz is the fifth animal in the Chinese Zodiac. People born under this sign are said to be noble, adventurous, honored and respected.
Issued as legal tender under the Australian Currency Act of 1965, each 2012 Australian Silver Dragon 1 oz coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on its obverse.
The front also contains the following information: ELIZABETH II AUSTRALIA 1 OZ 999 SILVER 2012 1 DOLLAR. The 1 dollar legal tender value is largely symbolic and adds a nice plus being issued by a sovereign country.
The reverse of each 2012 Australian Silver Dragon 1 oz coin depicts a traditional Chinese dragon, a long, scaled, serpentine creature with four legs, and a ‘pearl of wisdom’. The Chinese character for ‘dragon’ and the inscription ‘Year of the Dragon’ also appear in the design with The Perth Mint’s traditional ‘P’ mintmark.
In the design and minting process the Perth Mint has created a brilliant mirror image of both the Queen and Dragon which is featured against the silver coin’s matte surface. This creates a magical cameo appearance which appeals to both collectors and investors.
The Chinese Dragon is said to be a deliverer of good fortune and is a sign of intense power.