BULLION BARS AND COINS
A tip-off from coin journalist Dr Kerry Rodgers has alerted us to the fact that an Australian Lunar Series I coin sold recently in New York for US$517,500.
The 10 kilo gold bullion coin was issued in 2006 in celebration of the Year of the Dog. Just 10 coins were made for customers on a mint-to-order basis.
As readers are aware, The Perth Mint no longer produces Series I Lunar coins.
With the gold spot price around US$43,000 a kilo at the time of the sale, the successful bidder at the Stacks-Bowers auction in January paid a healthy premium to acquire the rare and highly collectable issue.
It's certainly a magnificent acquisition. The first 10 kilo Lunar gold coin ever made by The Perth Mint, it portrays a beagle, a cheerful and tenacious dog bred for hunting.
The Australian Lunar - 2006 Year of the Dog 10 kilo gold bullion coin.
Kerry’s full story is published in the forthcoming March issue of Australasian Coin & Banknote Magazine (+61 2 9889 3755).
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