Wednesday, 11 September 2013

Collectors Cherish The Popular Year Of The Dragon Silver Coin

By Helene Norris


The year of the dragon silver coin is among the most recommended coins to purchase as an asset. It belongs in the category of bullion coins that are trouble free when they are offered for sale. This is not only because it will be easy to convert into money. It is also because of the exceptional beauty of the Lunar Series II coins produced by the renowned Perth Mint.

Every year each coin in this series illustrates an icon of an animal and its standard Chinese character. It is compromised of 99.9 percent pure silver and is available in seven different weights. These weights are the 10kg, 1kg, 10oz, 5oz, 2oz, 1oz and 1.5oz that are currently being produced. These coins are tapping into the growing interest in this precious metal as an investment and hedge in an era of quantitative easing.

Some bullion offerings have greater liquidity. Those that are also legal tender are more liquid. Since these coins are authorized tender under the Currency Act 1965, they possess a coveted monetary value. Their owners will not be hindered from trading them at will. Accepted value spans from 300 Australian dollars for a 10 kilogram specimen to half a dollar for a 1.5 ounce example.

Every sample has a representation of this mythological dragon. Under the 12 sign Chinese zodiac individuals born between January 23, 2012 and February 09, 2013 are born in the year of this sign. According to the zodiac certain character attributes are also reflected by each sign. Individuals of this sign are associated with being leaders and fortunate people. Authority, dignity, honor, success and capacity are some of the terms used in its description. In the 20th and 21st century, lucky years covered by this symbol are 2000, 1988, 1976, 1964, 1952, 1940, 1928, and 1916.

This specimen is part of a second Lunar Series that commenced in 2008. This followed the first sequence that began in 1999 with the Rabbit sign. Its face depicts a beautiful design depicting the character from this Chinese calendar year. Its obverse side has an image of HM Queen Elizabeth II, the English monarch. The popularity of this Series is a compliment to quality and its association with this astrological calendar.

Knowledgeable collectors appreciate this collectible, beautiful and rare specimen. Its attractiveness is enhanced by availability in denominations that satisfy investors of different investment levels. A variety of denominations and special colored strikes are offered in restricted numbers. Desirability is only enhanced with how specimens are offered. Little wonder, a world of collectors covets them.

The Perth Mint is world renowned for producing specimens of the finest bullion content that meet the highest design standards. Its fine artisans have sculpted each issue with such care that regular issues may be taken for proof strikes. The success of these specimens is also attributable to the fact that they are at bullion coins prices and thus competitive with products from other leading mints.

The Australians have delivered a winning tactic. Investors originally attracted to these coins for their investment value are hooked once they possess these beautiful specimens. A loyal customer is nurtured with each purchase. From its release in 2011, many an investor has become a proud owner of a year of the dragon silver coin.




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