The Australian one kilo silver piece (abbreviated as 1 kg and designated with Ag for "silver") is a bullion 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 coin is part of the Australian Lunar Silver Coin Series II by the Perth Mint and is dedicated to the 2011 Year of the Rabbit by the Chinese Lunar calendar.
The Mint says about it: "In Chinese culture, people born in the Year of the Rabbit - 1927, 1939, 1951, 1963, 1975, 1987, 1999 and 2011 - are regarded as intelligent, articulate, compassionate and loyal." |