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Home >> Why Buy 1/10 Ounce Australian Lunar Series Gold Coins?

Author: Gold Why Webmaster
Updated: December, 2010
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My 2004 Australian Lunar Series Gold Monkey Coin  
I've been on a 1/10 ounce fractional gold coin buying spree! Just yesterday I purchased a beautiful 1/10 Oz 2009 Gold Panda. A few months ago, I picked up a beautiful 2008 1/10 Ounce Gold American Eagle. Today, I'm trilled to be reviewing my beautiful 2004 Gold Monkey Australian Lunar Series Coin. Not only am I excited about this article because I'm obsessed with tenth ounce fractional gold coins, but also because I'm a huge fan of the Australian Lunar Series and now finally own my first coin from that series!

Buying Gold Coins From The Australian Lunar Series

The Australian Lunar Series coins are amazing. The animal displayed on the reverse of each Lunar Series coin corresponds to the Chinese Lunar Calendar. These awesome coins are produced by The Perth Mint in Western Australia, one of the most recognized gold mints in the world. Coins in the Australian Lunar Series are very popular amongst gold bullion coin investors and collectors for several reasons. First, the coins are absolutely beautiful and exquisite - the Perth Mint is well recognized as one of the best gold mints out there. Second, the reverse of the coins changes each year with the Chinese Lunar Calendar. This makes the coins highly collectible and popular amongst collectors who enjoy diversity in their gold coin portfolio. The first lunar series spanned the years 1996 - 2007. Now, the Perth Mint is on the second Lunar Series. Third, the coins come in many sizes including some non-standard sizes such as two ounces and even one kilo! I'm all about diversity and one day hope to own one of the huge 2 ounce gold coins, although I'm very happy with my 1/10 ounce gold monkey for now! An interesting fact: The Perth Mint is also the only government-backed gold storage facility. Outside the scope of this article, but you can buy "Perth Mint Certificates" where they will store your gold for you in their vaults. How cool is that!

My Gold Australian Monkey Came In A Hard Plastic Case

  Obverse of My 1/10 Ounce Australian Lunar Series Gold Coin
As you can see from the image above and to the right, my Gold Australian Monkey comes in a nice hard plastic case. This is a good thing considering this coin is 24 karat gold bullion. 24 Karat gold can scratch and dent easily and needs to be protected. Most 24 karat gold coins come in soft plastic sleeves, as you can see from the images of my 1/10 Oz Gold Chinese Panda. It's really nice that this coin comes in a hard plastic case which provides added protection. One very important note: The coin moves around a bit within the hard plastic case. As I move the case, I can actually hear the coin hitting the plastic. This cannot be a great thing for the coin over the long run. My advice to you is to be careful even though it's in a plastic case. 24 Kart gold is soft. Despite being in a plastic case, be careful with you Australian Gold Lunar Series coin, whether it's a 1/10 ounce one like mine or a one ounce coin!

Australian Lunar Series - The Perfect Tenth Ounce Gold Coin To Hoard

I really like tenth ounce gold coins. All of the gold coins I have purchased over the past six months happen to be 1/10 ounce gold coins! It's fun buying tenth ounce gold coins for many reasons. First, they're accessible. I paid $150 for this coin. This is a lot cheaper than shelling out $1,000 or more for a 1 oz gold coin with the current price of gold hitting $970 plus. Let's face it, if you're a smaller budget coin investor like myself, $150 is a much cheaper price point. (As a side note, do I think $150 is worth it for this coin? Probably not. I overpaid a bit, but really wanted the coin. I have been interested in writing an article about the Lunar Series for quite some time, but didn't feel right until I actually owned one of the coins! Thus, I went for it. If you're buying this coin yourself, I would try to bargain for a better price. At the same time, this is a "premium" coin and will tend to run a little more because of it's collectible factor.) Second, I like 1/10 gold bullion coins because they are small and easy to hide. I'm a big fan of hiding a few gold coins (not too many though) and this is really easy to do with tenth ounce coins. Third, I like diversifying within my gold collection. It's easy and fun to own a variety of 1/10 ounce gold coins and enjoy building out a varied collection of coins. Even within the Australian Lunar Series, there are so many different coins to collect. That adds a lot of fun to the mix! While this is just my first coin from the Australian Lunar Series, I'm looking forward to starting a collection and buying more of them over the years. I will definitely post pictures as I buy more. Like what you see? I highly recommend also checking out my brand new article about my amazing 24 karat Gold Isle of Man Cat Coin. This is another neat gold coin series that is a ton of fun to collect!

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