Australia's lunar series has run continuously since 1996, making this one of the longer-lived bullion programs of the modern era. The horse cycle repeats every twelve years, meaning 2026 marks the third time Perth has issued a lunar horse coin — the previous two falling in 1990 (a separate predecessor series) and 2014.
Charles III's effigy appears here in its first portrait iteration, sculpted by Jody Clark, whose design was adopted across Commonwealth coinage from 2015 onward despite Charles not ascending until September 2022.
Australia's lunar series has run continuously since 1996, making this one of the longer-lived bullion programs of the modern era. The horse cycle repeats every twelve years, meaning 2026 marks the third time Perth has issued a lunar horse coin — the previous two falling in 1990 (a separate predecessor series) and 2014.
Charles III's effigy appears here in its first portrait iteration, sculpted by Jody Clark, whose design was adopted across Commonwealth coinage from 2015 onward despite Charles not ascending until September 2022.