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1/20 oz Australian Lunar Year of the Monkey 2016 Gold Coin

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As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest ... read more
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124,53 €
The photos are used for illustration purposes only and may not be an exact representation of the product.

Introduction

As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest minted gold bullion coins, the 2016 Australian Lunar Year of the Monkey. The gold coin is part of Perth Mint’s praised chronological gold bullion collection, the Australian Lunar Series II, where each coin in the series is only minted once every twelve years in accordance with the ancient Chinese lunar calendar.

The Year of the Monkey gold coin contains 99.99% pure gold and is produced with a special minting technique that ensures the coin is in proof-like condition, meaning it has exceptionally shiny and mat surfaces coupled with the richest of detail. This coin is truly a piece of breathtaking gold art suitable for collectors with an eye for beauty and those who wish to give their loved ones something really memorable and special.

Why Buy

  • Australian Lunar Year of the Monkey gold coins are money. The Gold Lunar Series was introduced for the first time in 1996 and every gold coin in the series, including the Year of the Monkey, is considered to be legal tender by the Australian Government.
  • Australian Lunar Year of the Monkey gold coins are rare. Issued only twice since the Lunar Series started, in 2004 and 2016, the one-ounce Year of the Monkey coin is one of the rarest 24 legal tender gold bullion coins to be issued in the 21st century with a mintage of only 16 868.
  • Australian Lunar Year of the Monkey gold coins are based on the treasured Chinese lunar calendar. Those born in the year of the goat are generally perceived to be magnetic and pleasant, with a good sense of humour.
  • Australian Lunar Year of the Monkey gold coins are great gifts for your loved ones. Give a tribute to the ones you appreciate by marking their virtues and year of birth in pure 24 karat gold, a gift that will stay with them forever.
  • Australian Lunar Year of the Monkey gold coins are made in proof condition. Minted with such high quality, brilliance and rich detail, it becomes hard not to call it “my precious”.
  • Australian Lunar Year of the Monkey gold coins are popular with astute collectors. Its motif of the monkey that varies every 12th year, and its quality, purity and legal tender status mean that the coin has a considerable premium over its melt value in the secondary market.
  • Australian Lunar Year of the Monkey gold coins are internationally recognised. By being part of the Australian Gold Lunar Series which has been in continuous production since 1996, and by portraying motifs of the famous Chinese zodiac and the effigy of the most powerful and longest serving queen in the 20th century, Queen Elizabeth II, the Australian Lunar Year of the Monkey gold coin is recognised throughout the world by bullion dealers and collectors alike.

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  • Product value (1pc)
    215,35 €
  • Buyback price
    124,53 €
  • Your risk now
    90,82 €

Fact: gold price in EUR has risen 142.15% in the last 10 years. The lowest price was 949,90 EUR/oz and the highest 2608,00 EUR/oz. Current world market price is 2544,30 EUR/oz

History

Australian Lunar gold coin - Year of the Monkey 

The Chinese lunar calendar is today used by many for Taoist cosmology. It is believed that, depending on the year of the zodiac when a person is born, a special relationship exists between the person’s personality and the animal that constitutes part of the Chinese zodiac. The animals in the zodiac are supposed to be of symbolic nature, where each animal is a representation of a specific group of characteristics and traits that can be found in every human being. There are twelve animals in the Chinese zodiac, and each of them is celebrated once every twelve years. The year of the monkey was last celebrated in 2004 and is celebrated again in 2016.

Those born in the year of the monkey are considered brilliant, witty and remarkably ingenious. Their quick mind coupled with their creativity is able to resolve most problems. They are curious by nature, with a great thirst for knowledge, and as such they will have an insight into a broad range of topics. Persons born in the year of the monkey have the ability to extract themselves confidently and safely from difficult situations by applying their knowledge and sharpness. These qualities make them wonderful individuals at parties and in closer social circles. Their creative minds, wit, and cheerful and playful attitude will light up any conversation or festivity. Energetic and sometimes demanding, people born in the year of the monkey crave activity, and if not sufficiently stimulated can become unreasonable and self-centred. This is why most often they have a broad circle of friends and colleagues who provide them with the mental stimulation that is so essential for their well-being. It can therefore be seen that the Australian Gold Lunar Year of the Monkey coin is an ideal gift for whoever you love or respect, since giving a Gold Lunar coin means that you are showing affection by immortalising the person’s year of birth and particular virtues in pure and precious golden artwork.

Australian Lunar Year of the Monkey coins – as rare as gold 

The Perth Mint introduced Australian Lunar Year of the Monkey gold coins for the first time in 2004. In 2004 the gold coin was offered in 1 kg, 10 oz, 2oz, 1 oz, ¼ oz, 1/10 oz and 1/20 oz weights.The next issue of the Year of the Monkey will only become available in 2028, when the monkey, according to the Chinese lunar calendar, will once again take centre stage.  The one-ounce mintage in 2004 was 16,775 gold coins. Yearly mintage of the Monkey gold coins is approximately 60,000 gold pieces. This is an extremely low figure compared with the mintage of other well-known investment bullion coins. For example, the Australian Kangaroo one-ounce gold coin reaches the corresponding cumulative mintage figure of the Year of the Monkey Gold Series every 3 months. Australian Lunar Year of the Monkey gold bullion coins are thus well suited for collectors since they are naturally as rare as gold.

Australian Lunar gold coins are based on the Chinese Lunar Zodiac

It is believed that the Chinese lunar calendar was created almost five millennia ago by primeval ruling dynasties. Since that time, the calendar has been continuously improved by astronomers of different royal Chinese courts, culminating in a final version that was calculated according to the earth’s movement around the sun, but fitted into a lunar calendar, thus making it officially a lunisolar calendar. The decision to base the calendar on two celestial bodies stems from the fact that the moon’s motion around the earth is not in synchronisation with the earth’s motion around the sun, creating a time disparity which created a problem for farmers who, of course, needed an accurate calendar that would tell them the best time for planting and harvesting in accordance with the sun’s movement. Originally, the calendar was based on the cycles of the moon, as it was much easier for the ancient astronomers to make the necessary calculation. But, as time passed, they noticed the disparity between the lunar year which consisted of twelve months, each month consisting of 29.5 days which totalled 354 days in a year, and the solar year, which numbered a total of 365.24 days, thus making the lunar year 11 days shorter than the earth’s yearly orbit around the sun. To better synchronise the lunar calendar with the sun, a leap month was added every two or three years similar to that of the modern solar calendar where nearly every 4 years on February 29 an extra leap day is added to align the earth’s revolution around the sun.

In contrast to most other calendars, the Chinese lunar calendar does not count years in an infinite sequence, but is instead composed of  a 12 year period that is repeated five times in order to get to a cycle that is equal to 60 years. Each year of the period consists of two components, a heavenly stem and a terrestrial branch. The heavenly stem consists of ten symbols, which were the names of the ten days in the week used by the ancient Chinese, while the terrestrial branch consists of 12 animals from the Chinese zodiac cycle. For the creation of one year, each stem is combined with every second terrestrial branch. Thus, when all possible combinations between the heavenly stems and terrestrial branches have been made, this being equal to 60, the final cycle is created and subsequently it starts over once again. This method of cyclical dating is believed to be among the longest continuous sequences of time measurement in history. China today uses the Gregorian calendar, a solar calendar, for all civil purposes, but the lunar calendar is still the main calendar used by various communities in China and East Asia to determine celebrity dates such as jubilees, weddings, the Chinese New Year and other festivities. 

The first Australian Lunar gold coin series produced by The Perth Mint 1996-2007 became popular beyond expectation among investors and collectors. Therefore, towards the end of the first series the demand for second 12-year Lunar coin series became big.

Struck from 99.99% pure gold, bullion coins from the Australian Lunar Series II represent a trusted and convenient means of investing in precious metals. Backed by an Australian Government guarantee of weight and purity, each legal tender coin also provides an extremely cost-effective way to acquire precious metal.

Contributing even further to the appeal of Series II, the majority of these coins are struck with a larger diameter than normal, adding to their prestigious appearance.

Mintage

The Perth Mint will produce no more than 30,000 1oz gold coins. Production will cease when the mintage is fully sold or at the end of the series, whichever comes first. No mintage limit applies to 1 Kilo, 10oz, 2oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz gold coins. Production will take place only one year, after which The Perth Mint will declare each coin’s official mintage. A maximum of 100 10 Kilo gold coins will be produced. However, production will take place only one year, after which the coin’s actual mintage will be declared.

 

The Perth Mint is a world distinguished mint and precious metals refiner that is located in the City of Perth, in Western Australia. The Perth Mint was founded in 1896 by Britain’s Royal Mint in response to the newly discovered gold deposits in Western Australia. Perth Mint’s task was to refine gold ore from the mines and to strike sovereign gold coins from the refined bullion. Between 1899 and 1931 the Pert Mint produced  a considerable amount of gold sovereigns which were disturbed in Australia  and throughout the British Empire to be used as circulating currency. British control over Perth Mint was relinquished in 1971 to the Government of Western Australia which then assumed ownership of  the  mint.  Today,  the  Perth  Mint  is  hailed  for  the exceptional  quality  of  its  world  class investment bullion coins like the Kookaburra and Koala silver coins, and the Lunar Series. The Perth Mint has been a member of the London Gold Market (predecessor of the LBMA) since 1934. The swan design, which is the Mint’s official assay stamp registered with the LBMA, is recognised internationally and was inspired by the Mint’s location in Perth, where the main river, the Swan, runs through the city. 

Product weight in grams
1.55532
Gold weight in grams
1.55517
Fineness
999.9
Gold weight in troy ounces
0.05
Diameter
14.8
Thickness
-
Face value description
5 dollars
Manufacturer
The Perth Mint, Australia

Obverse

The obverse portrays the effigy of Queen Elizabeth II. The reason for picturing Her Majesty the Queen stems from Australia’s membership of the United Kingdom’s Commonwealth of Nations. By being a member of the Commonwealth, Australia has Queen Elizabeth II as its reigning constitutional monarch. Above the Queen’s effigy is the text “ELIZABETH II” and “AUSTRALIA”. Inscribed below the effigy is the denomination, the year of mintage, weight and purity of the coin, and the designer’s initials “IRB” – Ian Rank-Broadle

Reverse

The reverse displays a monkey. Inscribed to the left is the Chinese character for “monkey”, and the letter “P” which stands for Perth Mint. Below the animal is the text “Year of the Monkey”.

Packaging

Each coin is individually packaged in a hard plastic capsule at the Perth Mint. For bulk purchases, multiples of 20 are available in original factory packaging.

Secure and Fast delivery by Omniva courier

Your order is fully insured and delivered by Omniva SIA courier. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 1 or 2 working days. The Omniva courier will contact you via phone. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.

Insurance

The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. Insurance costs depend on the value of your order (1% of the value).

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Secure and fast delivery by Omniva parcel machine system

Your order is delivered by Omniva SIA to the parcel machine you choose in the shopping cart. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 1 or 2 working days. As soon as Omniva deliver your order to the parcel machine, you will receive instructions by text message regarding the parcel machine. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.

Insurance

The package is insured up to EUR 500 and in the extremely unlikely event that the package is lost or damaged, we will refund the value of your order, but not more than EUR 500. Insurance is included in the delivery price.

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Secure international delivery

Your order is delivered by an international shipping company. After we have received your payment, the products will be dispatched within 24 hours. The delivery time depends on your location, but usually it is up to 7-14 working days. We can provide you with delivery by courier right to your door or you can pick up your order at the nearest post office. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay. We hold the right to cancel your order if delivery to your destination is not possible because of any additional risks, tax or other local law restrictions.

Insurance

The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. Insurance costs depend on the value of your order (1% of the value).

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Expected shipping cost

Tavex offers easy and secure shipping for all online orders. Take a look at the expenses.

Vast Stock Availability

Tavex has the majority of products always in stock and therefore can offer you quick delivery and same day pickup with market leading prices. Tavex is an official partner for all the biggest mints in the world, such as The Perth Mint Australia, Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.

Same day pickup

Feel free to visit our office during opening hours to take a free consultation or learn more about a specific product. If you purchase online you can pick-up the products at the same day we receive the payment.

Low prices

Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex you can maximise your investment’s return because of low margins and spreads.

Item out of Stock

This item is out of stock and you can pre-order it now.

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