A Golden Horse Year

investing in gold

In celebration of the Lunar New Year, the Perth Mint released its internationally renowned Lunar Series II, releasing a gold coin featuring the image of a galloping Horse. The Horse is the seventh animal in the 12-year Chinese Zodiac cycle; the birth years of the Horse in the last century include 1918, 1930, 1942, 1954, 1966, 1978, 1990, 2002, and 2014.

Coin Specifications

Each coin struck by the Perth Mint is 99.99% gold in proof quality and is available in one, one-fourth, and one-tenth troy ounces. The mint announced that only three thousand individual one troy ounce coins, five thousand individual one-fourth, and one-tenth gold coins are set for release on the market.

A Great Gift

Designed by Tom Vaughan, the Lunar New Year Horse Coin is a terrific gift idea for any gold proof coin collector, or anyone born under the year of the Horse. But, it’s not going to be a cheap gift because the price of a one-ounce 2014 Australian Lunar Horse Gold Coin is AUD 2,450.00; USD 2,194.83; or GBP 1,337.72.

The value of the bullion coin is set to increase through the years, more from collector’s value rather than the actual gold price, making them a good investment for the future. In addition, for anyone wanting to complete the Australian Lunar Collection, the 2013 Australian Gold Lunar Snake is still available in gold bullion trade shops and retailers.

Sources:

http://www.perthmint.com.au/catalogue/australian-lunar-series-ii-2014-year-of-the-horse-gold-proof-coins.aspx
http://atkinsonsbullion.com/
http://www.coinnews.net/2013/09/04/australian-lunar-2014-year-of-the-horse-proof-coins/