Catalog
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| Issuer | Perth Mint |
|---|---|
| Year | 1996 |
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| Shape | Round |
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| Obverse description | Third portrait effigy of Queen Elizabeth II facing right, wearing the King George IV State Diadem and pearl drop earrings, as designed by Ian Rank-Broadley. The legend 'ELIZABETH II AUSTRALIA 5 DOLLARS' arcs around the upper field, with the designer's initials 'RDM' (Raphael David Maklouf, though this portrait is by Rank-Broadley; initials as struck) appearing near the truncation. The portrait is set within a plain field bordered by a beaded inner circle. |
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| Obverse lettering | ELIZABETH II AUSTRALIA 5 DOLLARS RDM |
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| Additional information |
The Perth Mint's Lunar Series I launched with this 1996 Rat issue, inaugurating what would become one of the most commercially successful bullion programs in the Asia-Pacific market. Demand was driven almost entirely by Southeast Asian and diaspora Chinese buyers, for whom the twelve-year cycle carries genuine cultural weight — the Year of the Rat marks the start of the zodiac cycle itself, giving this first release an additional collector premium that subsequent years in the series never quite matched.