Australian Gold Lunar Rat 1 oz Series 2 – 2008
All the gold coins of the 12-coin series have been minted; the first cycle of the Lunar Calendar began with the Australian Gold Lunar Rat 1 oz Series 2 and concludes in 2007 with the Year of the Pig. All 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 Rat 1 oz Series 2 popularity is its exquisite quality. Many collectors assert that The Perth Mint is without equal when it comes to producing collector coins.
The Australian Gold Lunar Rat 1 oz Series 2 Coins feature raised images which are highly polished and contrast with 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 Rat 1 oz Series 2 coins’ popularity is that they are limited production coins. The 1-ounce Lunar Series gold coins are limited to 30,000 coins for each year and have become collector favorites.
Another feature that makes the Australian Gold Lunar Rat 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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