1/20oz Gold Coin 2024 Year of the Dragon - Perth Mint
These magnificent gold coins celebrate the Year of the Dragon, the fifth of twelve animals associated with the ancient Chinese lunar calendar. Those born under the sign of the Chinese Lunar Dragon in 2024, 2012, 2000, 1988, 1976 and every 12th preceding year, are said to be ambitious, successful, and charismatic. No mintage limit applies to the 10oz, 2oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz coins. However, production will close at the end of 2024 when The Perth Mint will declare each coin's official mintage.
Meticulously struck from 99.99% pure gold, the coins are issued as legal tender under the Australian Currency Act 1965.
The coin’s reverse portrays a dragon, waves, and stylised fog. Included in the design is the Chinese character for ‘dragon’, the inscription ‘DRAGON 2024’ and The Perth Mint’s ‘P125’ mintmark signifying The Perth Mint’s 125th anniversary. The coin bears the Jody Clark Memorial Obverse of Her Majesty Queen Elizabeth II supplemented with the dates of her reign‘1952-2022’, as well as the weight and fineness, and the monetary denomination
The Perth Mint is Australia’s leading precious metal refiner. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold and silver products are refined to 99.99% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.