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The 2002 Year of the Horse gold coin is part of the Perth Mint’s Australian Lunar Series I collection.
The obverse of the coin 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 nominal face value of 100 Australian dollars and the designer’s initials “IRB” – Ian Rank-Broadley.
The reverse displays a majestic galloping horse. Inscribed to the right is the Chinese character for “horse”. Below the horse is the weight and purity of the coin, and to left is the year of mintage.
Australian Lunar gold coin - Year of the Horse
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, with the year 2014 belonging to the horse.
The horse is a highly respected animal in Chinese culture and those born in the year of the horse are considered to be persons who enjoy travelling and who are impulsive and energetic with an edgy temperament that makes them easily become impatient. People born in the year of the horse are said to be intelligent and logical, and are also considered to be hard-working, independent and ambitious. This generally leads them to good health as their positive attitude to work influences their well-being. However, they have a tendency to take on a heavy workload which then tires them and saps their strength. Other people tend to like the companionship of people born in the year of the horse because of their humour and easy-going nature which will make most people feel at ease. It can therefore be seen that the Australian Gold Lunar Year of the Horse 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 Horse coins – as rare as gold
The Perth Mint introduced Australian Lunar Year of the Horse gold coins for the first time in 2002 and subsequently issued the coins again in 2014. The next issue of the Year of the Horse will only become available in 2026, when the horse, according to the Chinese lunar calendar, will once again ride into view. In 2002 the gold coin was offered in 1 kilo, 10 oz, 2 oz, 1 oz, ¼ oz, 1/10 oz and 1/20 oz weights, while the 2014 issue added two new weights: 10 kg and ½ oz. The one-ounce gold pieces were sold out in both years, reaching the maximum mintage limit of 30,000 gold coins in each respective year. If the mintage for all Year of the Horse gold coins is included, then the total figure rises to 163,000 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 Horse Gold Series every year. Australian Lunar Year of the Horse gold bullion coins are thus well suited for collectors since they are naturally as rare as gold.
|1 oz Australian Lunar Year of the Horse 2002 Gold Coin||Gold weight|
|Weight||Nominal||Diameter in mm||Sample||Weight in g||Grams||Ounces|
|1 oz||100 dollars||32.1||24 karats||31.10658||31.10347||1|