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1 oz Australian Lunar Year of the Ox 1997 Gold Coin In Stock

As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest minted ... read more
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1+ 1 451,14 €
1 318,68 €
Same day self pick-up from Tavex office - FREE
Delivery via Posti - 12,00 €

Introduction

As a long-term partner of the Perth Mint, Tavex is pleased to offer one of world’s finest minted gold bullion coins, the 1997 Australian Lunar Year of the Ox. The gold coin is part of Perth Mint’s praised chronological gold bullion collection, the Australian Lunar Series II, 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 pieces, giving the coin a considerable collector’s premium in the secondary market. In 1997 altogether 13,709 1 oz Lunar gold coins were minted.

The Year of the Ox gold coin contains 99.99% pure gold and is produced with a special minting technique that ensures the coin is in proof-like condition, meaning it has exceptionally shiny and mat surfaces coupled with the richest of detail. This bullion 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.

Why Buy

  • 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 karat 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.

Buying gold items means low risks and maintaining wealth

Gold's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    1 451,14 €
  • Buyback price
    1 318,68 €
  • Your risk now
    132,46 €

Fact: gold price in EUR has risen +22.77% in the last 8 years. The lowest price was 858,16 EUR/1oz and the highest 1 386,70 EUR/1oz. Current world market price is 1 320,11 EUR/1oz

History

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. In 1997 the year of the ox celebrated.

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 Lunar Year of the Ox coins – as rare as gold

The Perth Mint introduced the Lunar Year of the Ox gold coins for the first time in 1997 and subsequently issued the coins again 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. Australian Lunar Year of the Ox gold bullion coins are thus well suited for collectors since they are naturally as rare as gold.

Face value
100 dollars
Diameter
32.1
Fineness
999.9
Gold weight in grams
31.10348
Product weight in grams
31.10659
Gold weight in troy ounces
1
Manufacturer
The Perth Mint
Country of origin
Australia

Obverse

The obverse 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 denomination of the coin, and the designer’s initials “IRB” – Ian Rank-Broadley.

Reverse

The reverse displays a strong ox standing in grass. Inscribed underneath the ox is the weight and purity of the coin, and to the left is the Chinese character for “ox” and the year of mintage.

Packaging

Each coin is individually packaged in a hard plastic capsule at the Perth Mint. For bulk purchases, multiples of 20 are available in original factory packaging.

Product's value
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Secure and fast delivery by Posti

Your order delivered by Posti and is fully insured. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 1 or 2 working days. Posti courier will contact you via phone.

Self pick-up

You are welcome to come and collect your products at our office in Helsinki the same day that we have received your payment.

Insurance

The package is fully insured, and in the extremely unlikely case that the package is lost or damaged, we will re-ship the items or refund your money.

Packaging

The products are encased in protective wrapping and placed in a discreet, unbranded padded package.

Shipment tracking

Once the products have been packaged and sent you will receive instructions and a code to track the shipment

Delays

Should a delivery delay occur or if the ordered product is out of stock, we will always contact you by email to give you details about the delivery.

Shipping prices

The shipping charge is 18 euros per 5000 euros insured package, applicable to deliveries within Finland. If you wish to have your products delivered to another country, please contact us on +358 9 68 149 149 or by email at tavex@tavex.fi for prices and terms.

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Vast Stock Availability

The majority of Tavex products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.

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Feel free to visit our office during opening hours to have a free consultation or learn more about a specific product. If you purchase, online you can pick up the products on the same day we receive the payment.

Low prices

Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex, you can maximise return on your investment because of low margins and spreads.

Item in Stock

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