Silver Half Ounce 2020 Year of the Rat - Ingot, Coin from Australia - detailed information

Silver Half Ounce 2020 Year of the Rat - Ingot, Coin from Australia
CoinSilver Half Ounce 2020 Year of the Rat - Ingot

The Australian one ounce silver piece (abbreviated as 1 oz and designated with Ag for "silver") is a bullion and commemorative coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.

Both mints endeavour to create coins with attractive designs, and to introduce new designs and themes often, in order to raise the numismatic value of the coins over the value of previous metal used.

This half-ounce silver ingot with a face value of $1 was issued as part of the Lunar Series of coins to mark the Chinese Year of the Rat (25 January 2020 - 11 February 2021).

The Mint says:
"Honouring 2020 as the Lunar Year of the rat, the Royal Australian Mint presents these beautiful investment coins. They feature the clever, curious and sensitive Rat."

The coins were issued boxed, in Brilliant Uncirculated grade.

MintRoyal Australian Mint Mint MarkNo mint mark Total Mintageunknown
Obverse
Australia / Silver Half Ounce 2020 Year of the Rat - Ingot - obverse photo

The obverse of the coin depicts the crowned old bust of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown worn for her Coronation (effigy known as the "Fifth Portrait" worldwide but "Sixth Portrait" in Australia, where the Queen's portrait by Vladimir Gottwald was fifth).

The Queen also wears the Coronation Necklace; originally made for Queen Victoria in 1858, it was also worn at the coronations (as Queen's Consort) of Queen Alexandra in 1902, Queen Mary in 1911 and Queen Elizabeth (the Queen mother) in 1937.

Unlike on British coinage, the effigy includes the Queen's shoulders. On regular circulating coins it extends almost to the rim of the coin. Consequently, on them the legend does not run continuously around the rim. On commemorative coins the effigy is smaller and the value and denomination are below.

The artist's initials JC (for Jody Clark) are incuse in tiny letters in the left field of the effigy (on the Queen's right shoulder, near the rim).

Around the effigy is the monarch's legend and the date: ELIZABETH II · AUSTRALIA 2020 · 1 DOLLAR ·.

The effigy, legend and face value are in a small circle, surrounded by auspicious (lucky) lychee branches.

Obverse Inscription ELIZABETH II · AUSTRALIA 2020 · 1 DOLLAR ·
Reverse
Australia / Silver Half Ounce 2020 Year of the Rat - Ingot - reverse photo

The reverse of the coin shows at its centre a rat on a branch of a lychee tree, with six lychees and six leaves, enclosing a crescent-shaped clear space with the inscriptions.

Below right, the Chinese character for "rat" (pronounced shŭ under the Pinyin system) and, on four lines, the inscription YEAR OF THE RAT.

The face value and the date of issue are on the obverse.

Reverse Inscription 鼠 YEAR OF THE RAT
EdgeMilledEdge InscriptionNone
Notes

The coin design was approved by The Treasury in acts compiled in Currency (Australian Coins) Determination 2019 on 11 September 2020.

The Perth Mint coins for the same Lunar year are called "Year of the Mouse".

See also

Year of the Rat 2020 coins issued by RAM include:
- Gold Ounce, Two Rats, Fourth Portrait
- Gold Ounce, Domed
- Gold Ounce
- Gold Quarter Ounce, Two Rats, Fourth Portrait
- Gold Twentieth-Ounce, Two Rats, Fourth Portrait
- Silver Ounce ($5), Domed
- Silver Ounce ($1)
- Silver Half Ounce, Rectangular Ingot
- $1 Year of the Rat, Aluminium Bronze
- $1 Good Luck, Aluminium Bronze
- 50 Cents, Copper-Nickel

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Royal Mint
Royal Mint
Silver Half Ounce 2020 Year of the Rat - Ingot: Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeSilver Ounce (1 oz)
Issued2020
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Jody Clark (Fifth Portrait)
Face Value1 (x Dollar)
Mintageunknown
Mintage Limit10,000
CurrentYes
Material0.999 Silver
DesignerBronwyn King
TechnologyMilled (machine-made)
ShapeRectangle
OrientationMedal Alignment (Axis 0)
Size40.600 mm
Thickness3.000 mm
Mass15.591 g
OCC IDLGVB-OLDC-BMNK-OMPX
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Silver Half Ounce 2020 Year of the Rat - Ingot: Photos
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Lunar Year of the Rat - 2020 $1 1/2oz Fine Silver Uncirculated Ingot
Copyright: Royal Australian Mint
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Lunar Year of the Rat - 2020 $1 1/2oz Fine Silver Uncirculated Ingot
Copyright: Royal Australian Mint
Source