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The 2012 Year of the Dragon silver coin is part of the Perth Mint’s Australian Lunar Series II collection.
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-Broadley.
The reverse displays a vigorous dragon in combination with an orb. Inscribed in the centre is the Chinese character for “dragon”, and to the right is the letter “P” which stands for Perth Mint. Below the dragons is the text “Year of the Dragon”.
Australian Lunar silver coin - Year of the Dragon
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, each of them being celebrated once every twelve years. The year of the dragon was last celebrated in 2012.
Those born in the year of the dragon are considered to be persons who are vigorous and strong, highly self-assured and proud, and their enthusiasm in embracing challenges and risk inspires confidence and trust in other people. Their energetic way of life can make them somewhat short-tempered and they do have a tendency of being rebellious. Although the year of the dragon is coupled with power and determination, the inner energy of people born under this sign will often manifest itself as personal warmth and kindness, making them especially generous towards the people they care about. It can therefore be seen that the Australian Gold Lunar Year of the Dragon coin is an ideal gift for whoever you love or respect, since giving a Silver Lunar coin means that you are showing affection by immortalising the person’s year of birth and particular virtues in pure and precious silver artwork.
Australian Lunar Year of the Dragon coins– as rare as silver
The Perth Mint introduced Australian Lunar Year of the Dragon silver coins for the first time in 2000 and subsequently issued the coins again in 2012. The next issue of the “Year of the Dragon” will only become available in 2024, when the dragon according to the Chinese lunar calendar, will once again captivate people’s imagination. In 2000 the coin was offered in 1 kg, 10 oz, 2 oz, 1 oz, and ½ oz weights, while the 2012 issue added two new weights: 10 kg and 5 oz. Sales of the one-ounce coin in 2000 totalled 73,301 silver pieces, while the 2012 issue has been sold out, reaching the maximum mintage limit of 300,000 silver coins. If the mintage for all Year of the Dragon silver coins is included, then the total figure rises to 1,157,764 silver pieces. This is an extremely low figure compared with the mintage of other well-known investment silver bullion coins. For example, the American Silver Eagle coin reaches the corresponding cumulative mintage figure of the Year of the Dragon silver coin every 11 days. Australian Lunar Year of the Dragon silver coins are thus well suited for collectors since they are naturally as rare as silver.
|1 oz Australian Lunar Year of the Dragon 2012 Silver Coin||Silver weight|
|Weight||Nominal||Diameter in mm||Sample||Weight in g||Grams||Ounces|
|1 oz||1 dollar||45.6||999||31.13461||31.10347||1|