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1 oz Australian Lunar Year of the Monkey 2016 Silver 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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29,35 €
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 silver bullion coins, the 2016 Australian Lunar Year of the Monkey. The silver coin is part of Perth Mint’s praised chronological silver 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 silver coin contains 99.9% pure silver 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 bullion coin is truly a piece of breathtaking silver 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 silver coins are money. The Silver Lunar Series was introduced for the first time in 1999 and every silver 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 silver coins are rare. Issued only once since the Lunar Series started, in 2004, the one-ounce Year of the Monkey coin is one of the rarest legal tender .999 fine silver bullion coins to be issued in the 21st century.
  • Australian Lunar Year of the Monkey silver coins are based on the treasured Chinese lunar calendar. Those born in the year of the monkey are generally perceived to be exceptionally smart and witty, energetic and in need of plenty of stimulation.  
  • Australian Lunar Year of the Monkey silver 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 .999 fine silver, a gift that will stay with them forever.  
  • Australian Lunar Year of the Monkey silver 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 silver coins are popular with astute collectors. Its motif of the monkey that varies every 12th year, its maximum mintage limit, 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 silver coins are internationally recognised. By being part of the Australian Silver Lunar Series which has been in continuous production for 17 years, 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.

Buying silver items means low risks and maintaining wealth

Silver's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    60,00 €
  • Buyback price
    29,35 €
  • Your risk now
    30,65 €

Fact: silver price in EUR has risen 129.76% in the last 10 years. The lowest price was 10,57 EUR/oz and the highest 29,94 EUR/oz. Current world market price is 29,33 EUR/oz

History

Lunar - Year of the Monkey

The people born in the year of the monkey are of great intellects and skillful. They are usually good leaders. Quick and intelligent as they are, they can win prizes frequently from childhood, thus, often appreciated by parents and teachers. Besides, they are most in good physical conditions. Not only good in fortune when they are young, but also perfect after middle ages. As they are good at saving up money, they usually live lives without worrying about food and clothing.

The people under the sign of the monkey are sometimes a bit quick-tempered. This may hinder them from getting success. So, they should learn to be patient to overcome. They also like to project themselves to attract others. As they have extraordinary ability to distinguish between things, they can always make good decisions. In their families, they are usually considerate and thoughtful.

Australian Lunar silver 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 festival dates such as weddings, the Chinese New Year and other auspicious festivities.

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
31.13461
Silver weight in grams
31.10347
Fineness
999
Silver weight in troy ounces
1
Diameter
45.6
Thickness
-
Face value description
1 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 weight "1 oz", the purity of the coin "999 SILVER", the year of mintage 2016, the denomination "1 DOLLAR", and the designer’s initials “IRB” – Ian Rank-Broadley.

Reverse

The reverse displays two monkeys sitting on a tree. Above them is the Chinese character for “monkey”. Below the monkeys is the text “Year of the Monkey” and to the left is the letter “P” which stands for Perth Mint.

Packaging

Each coin is individually packaged in a hard plastic capsule. Multiples of 25 are available in original mint-sealed tubes.

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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