Silver Coin Australian Lunar 2016 1 oz
As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest minted silver bullion coins, the 2016 Australian Lunar Year of the Monkey. The silver coin is part of Perth Mint’s praised chronological silver bullion collection, the Australian Lunar Series II, where each coin in the series is only minted once every twelve years in accordance with the ancient Chinese lunar calendar.
The Year of the Monkey silver coin contains 99.9% pure silver and is produced with a special minting technique that ensures the coin is in proof-like condition, meaning it has exceptionally shiny and mat surfaces coupled with the richest of detail. This bullion coin is truly a piece of breathtaking silver art suitable for collectors with an eye for beauty and those who wish to give their loved ones something really memorable and special.
Australian Lunar silver coin – Year of the Monkey
The Chinese lunar calendar is today used by many for Taoist cosmology. It is believed that, depending on the year of the zodiac when a person is born, a special relationship exists between the person’s personality and the animal that constitutes part of the Chinese zodiac. The animals in the zodiac are supposed to be of symbolic nature, where each animal is a representation of a specific group of characteristics and traits that can be found in every human being. There are twelve animals in the Chinese zodiac, each of them being celebrated once every twelve years, with the year 2016 belonging to the monkey.
It can therefore be seen that the Australian Silver Lunar Year of the Monkey coin is an ideal gift for whoever you love or respect, since giving a Silver Lunar coin means that you are showing affection by immortalising the person’s year of birth and particular virtues in pure and precious silver artwork.
Australian Lunar silver coins are based on the Chinese Lunar Zodiac
It is believed that the Chinese lunar calendar was created almost five millennia ago by primeval ruling dynasties. Since that time, the calendar has been continuously improved by astronomers of different royal Chinese courts, culminating in a final version that was calculated according to the earth’s movement around the sun, but fitted into a lunar calendar, thus making it officially a lunisolar calendar. The decision to base the calendar on two celestial bodies stems from the fact that the moon’s motion around the earth is not in synchronisation with the earth’s motion around the sun, creating a time disparity which created a problem for farmers who, of course, needed an accurate calendar that would tell them the best time for planting and harvesting in accordance with the sun’s movement. Originally, the calendar was based on the cycles of the moon, as it was much easier for the ancient astronomers to make the necessary calculation. But, as time passed, they noticed the disparity between the lunar year which consisted of twelve months, each month consisting of 29.5 days which totalled 354 days in a year, and the solar year, which numbered a total of 365.24 days, thus making the lunar year 11 days shorter than the earth’s yearly orbit around the sun. To better synchronise the lunar calendar with the sun, a leap month was added every two or three years similar to that of the modern solar calendar where nearly every 4 years on February 29 an extra leap day is added to align the earth’s revolution around the sun.
In contrast to most other calendars, the Chinese lunar calendar does not count years in an infinite sequence, but is instead composed of a 12 year period that is repeated five times in order to get to a cycle that is equal to 60 years. Each year of the period consists of two components, a heavenly stem and a terrestrial branch. The heavenly stem consists of ten symbols, which were the names of the ten days in the week used by the ancient Chinese, while the terrestrial branch consists of 12 animals from the Chinese zodiac cycle. For the creation of one year, each stem is combined with every second terrestrial branch. Thus, when all possible combinations between the heavenly stems and terrestrial branches have been made, this being equal to 60, the final cycle is created and subsequently it starts over once again. This method of cyclical dating is believed to be among the longest continuous sequences of time measurement in history. China today uses the Gregorian calendar, a solar calendar, for all civil purposes, but the lunar calendar is still the main calendar used by various communities in China and East Asia to determine festival dates such as weddings, the Chinese New Year and other auspicious festivities.
Australian Lunar Year of the Monkey silver coins are produced by the Perth Mint
The Perth Mint, a world-renowned mint and refiner of precious metals located in the City of Perth in Australia, was founded in 1896 by Britain’s Royal Mint in response to the newly discovered silver deposits in Western Australia. The Perth Mint’s task was to refine silver ore from the mines and to strike sovereign silver coins from the refined bullion. Between 1899 and 1931, the Pert Mint produced a considerable amount of silver sovereigns that were disturbed in Australia and throughout the British Empire to be used as circulating currency. The Perth Mint was under British control until 1971 when the Government of Western Australia assumed ownership of the mint. Today, the Perth Mint is hailed for the quality of the world class investment bullion coins that it produces, including the Australian Silver Kangaroo and the Kookaburra and Koala silver coins. The Perth Mint has been a member of the London Silver Market (predecessor of the LBMA) since 1934.
Product weight in grams
Silver weight in grams
Silver weight in Troy ounces
The 2016 Year of the Monkey silver coin is part of the Perth Mint’s Australian Lunar Series II collection.
Obverse: The obverse portrays the effigy of Queen Elizabeth II. The reason for picturing Her Majesty the Queen stems from Australia’s membership of the United Kingdom’s Commonwealth of Nations. By being a member of the Commonwealth, Australia has Queen Elizabeth II as its reigning constitutional monarch. Above the Queen’s effigy is the text “ELIZABETH II” and “AUSTRALIA”. Inscribed below the effigy is the denomination, the year of mintage, weight and purity of the coin, and the designer’s initials “IRB” – Ian Rank-Broadley.
Reverse: The reverse displays two monkeys. Inscribed above them is the Chinese character for “monkey”. Below the monkeys is the text “Year of the Monkey” and to the left is the letter “P” which stands for Perth Mint.
Purity: The 2016 Australian Lunar Year of the Monkey coin contains 99.9% pure silver. This means that the coin is exclusively made of pure silver.
Packaging: Each coin is individually packaged in a hard plastic capsule at the Perth Mint.
Your order is fully insured and delivered by Posten Norge AS. The package is usually shipped the same day or the next working day after we receive your payment. Your order will arrive at the local post office the day after. If you wish, you can also personally pick up your order in our store the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.