Lunar Dragon 5 oz Silver Coin Characteristics
This Australian bullion coin, the Lunar Dragon 5 oz silver coin was minted in 2012 because this is the Year of the Dragon according to the Chinese calendar. The Lunar Dragon series will be minted only throughout the year 2012 since the following year, in 2013 will be the Year of the Snake therefore a new series will be started at the Perth Mint.
All these series, among which is the Lunar Dragon with its Lunar Dragon 5oz silver coin plus other denominations, with the predecessors represented by other four signs from the Chinese zodiac, a mouse, a buffalo, a tiger, and a rabbit, belong to the Lunar series issued by the Australian mint starting with 2008 and it will end in twelve years, meaning in 2019 the Year of the Pig.
The Lunar Dragon 5 oz silver coin weighs 155.50 grams which are the equivalent of 5 troy ounces of silver. It has a purity of 99.90% or 999/1000 silver. It is therefore a highly qualitative bullion coin made of pure silver. It has a diameter of 65.600 mm and a thickness of 5.800 mm.
Lunar Dragon 5 oz Silver Coin Design
When thinking of the design of the Lunar Dragon 5 oz silver coin we could simply state that it is beautifully realized.
The obverse of the Lunar Dragon 5 oz silver coin is the same one with which the Perth Mint accustomed its customers for many years now. It depicts the portrait of Elizabeth II, Great Britain Queen. Also on the obverse of the Lunar Dragon 5oz silver coin is inscribed the denomination of 8 DOLLARS, the minting year 2012, AUSTRALIA, ELIZABETH II, and 5 oz 999 SILVER.
The reverse of the Lunar Dragon 5oz silver coin illustrates the fifth sign from the Chinese zodiac, a dragon with four legs holding a pearl of wisdom. The inscription present is Year of the Dragon and the letter P, symbol of the Perth Mint.
Lunar Dragon 5 oz Silver Coin Investment
Regarding the mintage of the Lunar Dragon 5 oz silver coin, which is a data that interests all investors and collectors, the number of issued coins for the public, was set at only 5,000 coins. An immediate conclusion that can be drawn from this scarce number when it comes to a bullion coin with such high demand like the Lunar Dragon 5 oz silver coin is that its premium will increase in the future.
If we add to the increase of the premium due to high demand reported to scarce supply, the increase in the silver price, therefore a positive evolution of the silver market that was registered in the past three years, the individuals owning a Lunar Dragon 5oz silver coin will be very profitable.
The advantage with the Lunar Dragon 5 oz silver coin issued in 2012 is the following: the price for the 5 oz is not five times the price of 1 oz Lunar Dragon. This is the main reason for which investors should acquire this coin. Individuals would acquire a high quantity of pure silver at a very convenient price for their future profitability.
The Lunar Dragon 5 oz silver coin is available on our website at a price to which it is added a small VAT.