2017 Australian Lunar Rooster Coin with Lion Privy Mark

by CoinNews.net on March 8, 2017 · 0 comments

On Friday, Mar. 3, the Perth Mint of Australia announced the release of the 2017 Australian Lunar Year of the Rooster Silver Bullion Coin which features a miniature lion as a privy mark.

2017 Australian Lunar Rooster 1oz Silver Bullion Coin

Perth Mint image of a 2017 Australian Lunar Rooster 1oz Silver Bullion Coin with Lion Privy Mark

Coins often carry a small mintmark, usually a single letter, to identify where they are made. In the early 1990s, the Perth Mint began adding tiny privy mark symbols to some limited-edition coins to increase their numismatic appeal.

"Australian coins featuring a Lion privy mark are popular in Germany, one of the Mint’s key overseas markets, where the animal is a prominent heraldic symbol associated with ancient ruling families from Bavaria," The Perth Mint said.

Limited to 30,000 and struck in 99.99% pure silver, the one-ounce bullion coin features a reverse (tails) design of a rooster, a hen, and three chicks standing among bamboo foliage and flowers. The lion privy mark appears above the rooster’s tail. Completing the design is the Chinese character for ‘rooster’, plus inscriptions of ‘Year of the Rooster and ‘P’ for the Mint’s traditional mintmark.

The silver coin’s obverse (heads) depicts the Ian Rank-Broadley effigy of Her Majesty with inscriptions of ELIZABETH II, AUSTRALIA, 2017, 1 DOLLAR and 1OZ 9999 Ag.

Perth Mint-provided specifications include:

  • Precious Metal Content (troy oz): 1.000
  • Fineness: 99.99% purity
  • Weight (g): 31.107
  • Denomination: 1.00
  • Diameter (mm): 45.600
  • Standard Thickness (mm): 2.600

The Rooster coin with lion privy mark is sold on perthmintbullion.com. The coin is also available from the Mint’s authorized distributors Ainslie Bullion (ainsliebullion.com.au) in Australia and LPM (www.lpm.hk) in Asia.

A standard bullion version of this coin, without the privy mark and limited to 300,000, is also sold by the Perth Mint and is available from bullion dealers around the world.

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