28

May 2012

28

May 2012

About the Lunar Dragon 2 oz Silver Coin

By StoneX Bullion

Lunar Dragon 2 oz Silver Coin Characteristics

Success and happiness have been represented by the Perth Mint through the Lunar Dragon series issued in 2012 to which the Lunar Dragon 2oz silver coin belongs. The Lunar Dragon series actually belongs to the Australian Lunar series, minted both in silver as well as gold, which is a representation of the twelve signs from the Chinese zodiac. The Lunar Dragon 2oz silver coin weighs 62.20 grams of pure silver, silver of 99.90% fineness.

2012 being the Year of the Dragon, various denominations were minted bearing the illustration of this mythical creature, among which it is the Lunar Dragon 2oz silver coin. Other denominations are the 1/2oz, 1oz, 5oz, and 1 kilo. Before the dragon there were minted silver and gold coins starting with 2008 bearing illustrations like a mouse, a buffalo, a tiger, and a rabbit. After the Lunar Dragon it will follow the Lunar Snake in 2013 and the end of the Australian Lunar series is 2019 when it will be the Year of the Pig.

Lunar Dragon 2oz Silver Coin Design

The obverse of the Lunar Dragon 2oz silver coin has engraved the portrait of Queen Elizabeth II, a symbol of resistance over time just like the reign of this European monarch is one of the longest. ELIZABETH II, AUSTRALIA, 2oz 999 SILVER, 2012 issuing year, and denomination of 2 DOLLARS are inscribed on the head side of the Lunar Dragon 2oz silver coin.

The reverse of the Lunar Dragon 2oz silver coin is the illustration of the mythical creature that in the past was a Chinese symbol for a great leader and nowadays it symbolizes success and happiness. The dragon is engraved with the pearl of wisdom and the inscription Year of the Dragon.

Lunar Dragon 2oz Silver Coin Affordable Investment

With a total of only 300,000 silver bullion coins belonging to the Lunar Dragon series, we could describe it as quite a scarce mintage representative for the Lunar Dragon 2oz silver coin. So this series should be of great interest for collectors and investors. Scarce mintage is a sign that the premium will increase in the future due to imbalanced report between supply and demand. Also, taking into consideration that the Australian Lunar series will last until 2019 the coins belonging to this series will always be in attention.

Silver bullion coins like the Lunar Dragon 2oz silver coin are a great investment due to their small price so no sacrifices must be performed in order to acquire such a coin. Also there is not much difference between the price of the 1oz Lunar Dragon and the 2oz silver bullion coin so individuals can choose to own a double quantity of pure silver without being in the situation of paying a double price, but only a small fraction is added to the price of the Lunar Dragon 2oz silver coin.

The idea with the Lunar Dragon 2oz silver coin is that is not as common among international series. The standard weight is considered to be the 1oz and so this 2oz size in not so frequently encountered. However, this should not be a reason to stop investors from acquiring it.

Our website offers investors and collectors the Lunar Dragon 2oz silver coin in Brilliant Uncirculated condition.

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