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The 1999 Year of the Rabbit gold coin is part of the Perth Mint’s Australian Lunar Series I 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 of the coin, and the designer’s initials “IRB” – Ian Rank-Broadley.
The reverse displays a rabbit sitting in grass. Inscribed above it is the Chinese character for “rabbit”. To the left is the year of mintage and below the rabbit is the weight and purity of the coin.
Australian Lunar gold coin - Year of the Rabbit
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 rabbit was last celebrated in 2011.
Those born in the year of the rabbit are famous for their artistic sense and style. Their refined taste coupled with their high appreciation of beauty makes them often stand out in crowds as extremely stylish dressers. Refined in their appearance and intellectually elegant, those born in the year of the rabbit are extremely popular, and have a wide circle of family and friends. Tactful and articulate, they tend to make good diplomats, but only under certain circumstances as they shun conflicts and will try anything to avoid a fight. People born in the year of the rabbit are of a compassionate nature which, coupled with their emotional sensitivity, can cause them to idealise relationships. Those born in the year of the rabbit need a solid support base of family members and friends, and, with the right partner who will not take advantage of their sensitivity, they will make a fabulously loving companion or family member. It can therefore be seen that the Australian Gold Lunar Year of the Rabbit 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 Rabbit coins – as rare as gold
The Perth Mint introduced Australian Lunar Year of the Rabbit gold coins for the first time in 1999 and subsequently issued the coins again in 2011. The next issue of the Year of the Rabbit will only become available in 2023, when the rabbit, according to the Chinese lunar calendar, will once again hop into the spotlight. In 1999 the gold coin was offered in 1 oz, ¼ oz, 1/10 oz and 1/20 oz weights, while the 2011 issue added four new weights: 10 kg, 1 kg, 10 oz, and 2 oz. The one-ounce mintage in 1999 was 18,261 gold coins, while the 2011 mintage was sold out, reaching the maximum mintage limit of 30,000 gold coins. If the mintage of all Year of the Rabbit gold coins is included, then the total figure rises to 141,897 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 Rabbit Gold Series every 7 months. Australian Lunar Year of the Rabbit gold bullion coins are thus well suited for collectors since they are naturally as rare as gold.
|1 oz Australian Lunar Year of the Rabbit 1999 Gold Coin||Gold weight|
|Weight||Nominal||Diameter in mm||Sample||Weight in g||Grams||Ounces|
|1 oz||100 dollars||32.1||24 carats||31.10658||31.10347||1|
|1/4 oz||25 dollars||20.1||24 carats||7.777||7.775869||1/4|