2009 1 oz Australian Gold Lunar Year of the Ox
As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest minted gold bullion coins, the Australian Lunar Year of the Ox. The gold coin is part of Perth Mint’s praised chronological gold bullion collection, the Australian Lunar Series, where each coin in the series is only minted once every twelve years in accordance with the ancient Chinese lunar calendar. In addition, the most popular one-ounce version in the series has a limited annual mintage of only 30,000 gold coins, giving the coin a considerable collector’s premium in the secondary market.
The Year of the Ox gold coins contain 99.99% fine gold and are produced with a special minting technique that ensures the coins are in proof-like condition, meaning they have exceptionally shiny and mat surfaces coupled with the richest of detail. The Year of the Ox coin is truly a piece of breathtaking gold 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 Year of the Ox gold coins are money. The Gold Lunar Series was introduced for the first time in 1996 and every gold coin in the series, including the Year of the Ox, is considered to be legal tender by the Australian Government.
- Australian Lunar Year of the Ox gold coins are rare. Issued only twice since the Lunar Series started, in 1997 and 2009, the one-ounce Year of the Ox coin is one of the rarest 24 legal tender gold bullion coins to be issued in the 21st century with a mintage of only 43,709 pieces.
- Australian Lunar Year of the Ox gold coins are based on the treasured Chinese lunar calendar. Those born in the year of the ox are generally perceived to be cautious and sure-footed, have great endurance, and will always stand by their convictions.
- Australian Lunar Year of the Ox gold coins are great gifts for your loved ones. Give a tribute to the ones you appreciate by marking their virtues and year of birth in pure 24 carat gold, a gift that will stay with them forever.
- Australian Lunar Year of the Ox gold coins are made in proof condition. Minted with such high quality, brilliance and rich detail, it becomes hard not to call it “my precious”.
- Australian Lunar Year of the Ox gold coins are popular with astute collectors. Its motif of the ox that varies every 12th year, its maximum mintage limit, and its quality, purity and legal tender status mean that the coin has a considerable premium over its melt value in the secondary market.
- Australian Lunar Year of the Ox gold coins are internationally recognised. By being part of the Australian Gold Lunar Series which has been in continuous production for 18 years, and by portraying motifs of the famous Chinese zodiac and the effigy of the most powerful and longest serving queen in the 20th century, Queen Elizabeth II, the Australian Lunar Year of the Ox gold coin is recognised throughout the world by bullion dealers and collectors alike.
- Australian Lunar Year of the Ox gold coins track the price of gold. The base value of Australian Gold Lunar coins is primarily determined by their fine gold content which is linked to the prevailing price of gold.
Australian Lunar gold coin – Year of the Ox
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. The year of the ox was last celebrated in 2009. The ox is held in high esteem in China as it was one of the first animals in ancient Chinese society to be tamed, and to be extensively used in agriculture.
Those born in the year of the ox are considered to be steadfast and solid. They carefully consider what the ramifications of their actions are, but once a decision is made they tend to stand by their conviction. It is believed that those born in the year of the ox are of great spiritual strength, irrespective of their physical appearance. This makes them capable of achieving great things, and their step-by-step manner in tackling issues makes them never lose sight of their goal. They have an eye for detail and are hard-working people who can endure a great deal on account of their patient nature. Those born in the year of the ox tend to be stubborn as they sometimes do not know when to back down. On the other hand, their steadfastness always means they will provide a friend with honest, solid and unbiased advice. It can therefore be seen that the Australian Gold Lunar Year of the Ox coin is an ideal gift for whoever you love or respect, since giving a Gold Lunar coin means that you are showing affection by immortalising the person’s year of birth and particular virtues in pure and precious golden artwork.
Australian Lunar gold 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 celebrity dates such as jubilees, weddings, the Chinese New Year and other festivities.
Australian Gold Lunar Year of the Ox – as rare as gold
The Australian Gold Lunar Series was introduced for the first time by the Perth Mint in 1996. The Year of the Ox coin was first minted in 1997 and subsequently in 2009. The next issue of the Year of the Ox will only become available in 2021, when the ox, according to the Chinese lunar calendar, will once again make its move. In 1997 the gold coin was offered in 1 oz, ¼ oz, 1/10 oz and 1/20 oz weights, while the 2009 issue added four new weights: 10 kg, 1 kg, 10 oz, and 2 oz. The one-ounce mintage in 1997 was 13,709 gold coins, while the 2009 mintage was sold out, reaching the maximum mintage limit of 30,000 gold coins. If the mintage of all Year of the Ox gold coins is included, then the total figure rises to 89,885 gold pieces. This is an extremely low figure compared with the mintage of other well-known investment bullion coins. For example, the Australian Kangaroo one-ounce gold coin reaches the corresponding cumulative mintage figure of the Year of the Ox Gold Series every 4 months. The Australian Gold Lunar Series Year of the Ox bullion coins are thus well suited for collectors since they are naturally as rare as gold.
Australian Lunar Year of the Ox gold coins are produced by the Perth Mint
The Australian Gold Lunar Series I and II are today minted by the Perth Mint, a world-renowned mint and refiner of precious metals located in the City of Perth in Western Australia. The Perth Mint was founded in 1896 by Britain’s Royal Mint in response to the newly discovered gold deposits in Western Australia. The Perth Mint’s task was to refine gold ore from the mines and to strike sovereign gold coins from the refined bullion. Between 1899 and 1931 the Pert Mint produced a considerable amount of gold sovereigns which 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 Gold Kangaroo and the Kookaburra and Koala silver coins. The Perth Mint has been a member of the London Gold Market (predecessor of the LBMA) since 1934.
|Nominal value||Dimensions||Fineness||Product weight in grams||Gold weight in grams||Gold weight in Troy ounces|
|100 AUD denomination||39.34 mm||999.9||31.10658 g||31.10347g||1|
The Perth Mint issued the Australian Lunar Year of the Ox gold coin in 1997 and 2009
The obverse (year 2009) 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 nominal face value of 100 dollars, the year of mintage, weight and purity of the coin, and the designer’s initials “IRB” – Ian Rank-Broadley.
The reverse (year 2009) displays a peaceful ox lying in the grass. Inscribed under the ox is the text “Year of the Ox”, above it is the Chinese character for “ox”, and the letter “P” which stands for Perth Mint.
The Australian Lunar Year of the Ox (1997 and 2009) bullion coin is 99.99% fine gold or 24 carats. This means that the coin is exclusively made of pure gold and is free of metallic impurities. Both editions of the Australian Lunar Year of the Ox gold coin weigh exactly one troy ounce (31.1 grams) each.
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