The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers: Q: Is collecting any type of coin a good investment? A: No! The hobby collector—be it of coins, back-scratchers, or Bavarian beer mugs—is occasionally persuaded to purchase by impulse or sentiment. Indulging frequent lapses into irrationality is part of the fun of maintaining a hobby. But the strictly … [Read More...]
The Perth Mint of Australia has recently released proof, colored versions of the 2012 Year of the Dragon Gold Coins. These coins are available in three different sizes and carry limited mintages.
The latest release continues the line of collector versions of the Australian Lunar Series II Year of the Dragon Coins. Previous collector releases have included gold coins struck in proof and available three different sizes or a set. Silver coins have included proof versions, gilded versions, a gemstone edition, proof colored editions, rectangular coins, and various set options. Several of these products have sold out on the Perth Mint’s website, following heavy collector demand. Bullion versions of the coins are also available, with some sizes carrying mintage limitations.
The reverse design of the 2012 Year of the Dragon Gold Proof Colored Coins features a colored dragon with a representation of the pearl of wisdom. Inscriptions include the Chinese character for “Dragon” and “Year of the Dragon”. The dragon is the only mythical creature included in the Chinese lunar calendar and one of the most popular. People born under the influence of this sign are said to be confident, enterprising, independent, self-assured, brave, and passionate.
On the obverse is the Ian Rank-Broadley effigy of Queen Elizabeth II. Inscriptions include the “2012” date, weight and purity of the coin, and the legal tender denomination.
These coins are struck in 99.99 pure gold and available in 1 ounce, 1/4 ounce, and 1/10 ounce sizes. A mintage limit of 5,000 pieces has been set for each option. The coins are packaged in oval shaped display cases with numbered certificates of authenticity and illustrated shippers.
For more information and ordering, please visit the Perth Mint’s product page.