1 OZ AUSTRALIAN GOLD MONKEY

Description

The 1 oz Australian Gold Monkey coin is part of the Lunar Series II collection produced by the Perth Mint in Australia. Here are some details about this coin:

1. Design: The coin features a depiction of a monkey, representing the animal associated with the Chinese zodiac sign for the corresponding lunar year. The design typically showcases the monkey in various artistic interpretations, often accompanied by symbolic elements.
2. Specifications:
   • Weight: 1 troy ounce (31.1035 grams).
   • Purity: Usually minted in .9999 fine gold, denoting a high level of purity.
   • Diameter: The standard diameter for these coins is around 32.60 mm.
3. Legal Tender: Issued as legal tender under the Australian Currency Act 1965, with a face value denominated in Australian dollars. However, the intrinsic value of the coin is based on its gold content and market demand, which typically exceeds its face value.
4. Obverse: The obverse side of the coin typically features the Ian Rank-Broadley effigy of Queen Elizabeth II, along with inscriptions indicating the issuing country, denomination, and the queen’s name.
5. Reverse: The reverse side of the coin showcases the design of the monkey for the specific year of issue, along with the Chinese character representing “monkey” and the Perth Mint’s “P” mintmark.
6. Collector and Investment Value: Lunar Series II coins are highly regarded by both collectors and investors due to their limited mintage and changing designs based on the Chinese zodiac. These factors contribute to their potential for appreciation in value over time.
7. Packaging and Authentication: The coin may be encapsulated in a protective capsule by the Perth Mint to preserve its condition and authenticity. Some editions may also come with certificates of authenticity, providing additional assurance of the coin’s origin and quality.

Overall, the 1 oz Australian Gold Monkey coin is a prized addition to any precious metals collection or investment portfolio, combining exquisite craftsmanship with inherent bullion value.