Australian Gold Lunar Ox 1 oz Series 2 – 2009
The Australian Gold Lunar Ox 1 oz Series 2 and all other coins in the Lunar Series are legal tender Australian coins and are 0.9999 fine (24-karat) and individually encapsulated in a protective acrylic case. The global success of the first series spawned the second series which began in 2008.
The primary reason for the Australian Gold Lunar Ox 1 oz Series 2 coins’ popularity is its exquisite quality. Many collectors of Perth Mint coins assert that The Perth Mint is without equal when it comes to producing collector coins.
The Australian Gold Lunar Ox 1 oz Series 2 is beautifully struck with raised images and highly polished satin-like fields around the images. This feature can best be seen on the obverse, with the image of Her Majesty Queen Elizabeth II, which graces the front of all the Lunar Series coins. The reverses of the coins carry images of animals associated with each Lunar Calendar year.
Another reason for the Australian Gold Lunar Ox 1 oz Series 2 coins’ popularity is that they are limited production coins. The Australian Gold Lunar Ox 1 oz Series 2 coins are limited to 30,000 coins for each year and clearly have become collector favorites.
Another feature that makes the Australian Gold Lunar Ox 1 oz Series 2 so popular is that The Perth Mint can produce back-dated coins until the production cap is met. This means that the earlier coins are still available and can be purchased near bullion coin prices, permitting collectors who learn of the series late to acquire the earlier coins at bullion coin prices. The policy of minting coins from earlier years is unique to The Perth Mint and for only the Lunar Series coins.
By law, the Lunar Series coins have to display the image of Her Royal Majesty Queen Elizabeth II on the obverse. When the series started in 1996, the official likeness of the Queen was younger. In 1999, however, Buckingham Palace changed the official likeness to a mature Queen, which is carried forward into the Lunar II series. The change resulted in the first three years’ coins (1996, 1997, and 1998) having the image of the younger Queen Elizabeth and with the later coins having the mature image.
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