Catalog
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| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2012 |
| Type | Non-circulating coin |
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| Obverse description | The fourth portrait effigy of Queen Elizabeth II faces right, wearing the Girls of Great Britain and Ireland Tiara, as designed by Ian Rank-Broadley. The legend surrounding the effigy reads 'ELIZABETH II AUSTRALIA' at the top, with the denomination '5 DOLLARS', fineness '9999 GOLD', weight '1/20 OZ', and date '2012' distributed around the field. The initials 'IRB' appear below the portrait, denoting the engraver. |
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| Obverse lettering | ELIZABETH II AUSTRALIA IRB 1/20 OZ 9999 GOLD 2012 5 DOLLARS |
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| Additional information |
Australia's "Year of the Dragon" bullion series drew disproportionate demand in 2012 — the dragon is the most auspicious animal in the Chinese zodiac, and Chinese buyers consistently push mintages and premiums higher for dragon-year issues than for any other in the twelve-year cycle. The Perth Mint, which had been aggressively courting Asian bullion markets since the 1990s, produced this 1/20 oz piece as part of a tiered weight series designed to hit multiple price points for that audience.
The twelve-year gap between dragon years means collectors who missed 2000 waited over a decade for this issue.