The Perth Mint has revealed the next issue in their exceptionally popular Australian Lunar Gold Proof Coin Series II – the 2013 Year of the Snake Gold Coin.
This Snake coin follows on from the success of the Perth Mint’s previous coin in the series for the Year of the Dragon in 2012, where both the 1 oz bullion gold coin and 1/10 oz proof gold coin sold out of their 30,000 and 5,000 edition limits respectively.
Again the Perth Mint has impressed with the quality of its design work, with the reverse of the new coin featuring an intricate curled snake design alongside a crop of bamboo. Next to the image of the snake is the Chinese character for it, just above the prestigious Perth Mint ‘P’ mint mark. The obverse of the coin features Ian Rank-Broadley’s classic portrait of Queen Elizabeth II.
Coins celebrating the Chinese lunar calendar are increasingly being issued by minting authorities the world over, with those from the Perth Mint and Royal Canadian Mint perhaps being the most sought after. A great deal of the heightened demand can be attributed to a rapidly expanding Asian numismatic market, which Chinese lunar coins would obviously especially appeal to.
Nevertheless, North American and European collectors have been quick to recognise the enduring appeal of Chinese lunar issues and so complete sell-outs of these coins are quickly becoming increasingly likely.