1 Dollar - Elizabeth II 4th Portrait - Year of the Snake - Silver Bullion Coin

Australia's lunar series from the Perth Mint launched in 1996 and ran through 2007, completing the first full twelve-year cycle before the series was rebooted. The Year of the Snake fell midway through, and these issues were produced with strict mintage caps — the one-ounce silver was limited to 70,000 pieces — a figure modest enough by bullion standards that secondary market premiums have held firm for decades.

The fourth portrait of Elizabeth II, by Ian Rank-Broadley, was adopted on Australian coinage in 1999.