1997 1 oz Australia Gold Lunar Ox BU – Series I

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$3,231.68

Metal Type: GOLD – Hedge

Gold Weight: 1 oz

Grade: BU – Brilliant Uncirculated

Manufacturer: The Perth Mint

Mint Mark: P – Perth

IRA Eligible: Yes

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Product Details

In the annals of Chinese astrology, the Ox stands as a symbol of diligence, strength, and determination. As the second animal in the zodiac cycle, it holds a place of honor, representing those born in years associated with its steadfast nature. The 1997 1 oz Australia Gold Lunar Ox coin pays homage to this revered creature, capturing its essence in pure gold.

The Year of the Ox in 1997 marked a significant period in global history. It was a year of technological advancements, with the launch of NASA’s Mars Pathfinder mission and the creation of Google. In the financial world, the Asian financial crisis unfolded, testing the resilience of economies much like the ox’s legendary endurance.

In Chinese mythology, the Ox plays a crucial role in the creation of humanity. Legend tells of the goddess Nuwa, who crafted humans from the mud of the Yellow River. Weary from her labor, she enlisted the aid of an ox, instructing it to drag a rope across the land, leaving a trail of newly formed humans in its wake. This tale underscores the ox’s significance in Chinese culture as a creator and sustainer of life.

The Perth Mint’s decision to feature the Ox in its Lunar Series I collection reflects a deep appreciation for these cultural narratives. By minting this coin, they’ve not only created a precious metal investment but also a tangible connection to centuries-old traditions and beliefs.

For numismatists and investors alike, the 1997 Gold Lunar Ox represents more than just its gold content. It embodies the qualities associated with the Ox: reliability, strength, and the promise of prosperity through hard work. As part of the highly regarded Lunar Series I, this coin stands as a testament to the artistry and precision of the Perth Mint, known worldwide for its exceptional bullion products.

Design Features

The obverse of the 1997 1 oz Australia Gold Lunar Ox coin showcases the regal portrait of Queen Elizabeth II, designed by Raphael Maklouf. This effigy, known as the “Third Portrait,” depicts Her Majesty wearing the George IV State Diadem, a crown traditionally worn for the State Opening of Parliament. The inscription “ELIZABETH II” arches above the portrait, while “AUSTRALIA” and the denomination “100 DOLLARS” are inscribed below, affirming the coin’s status as legal tender.

On the reverse, the Ox takes center stage in a design crafted by Jovan Radanovich. The powerful creature is depicted in left-profile relief, its muscular form and distinctive horns rendered with exquisite detail. The ox stands proudly on a bed of grass, its gaze turned slightly backward, perhaps in contemplation of the path it has trodden. This posture beautifully captures the ox’s reflective nature and its role as a symbol of progress through perseverance. The Chinese character for “Ox” is prominently featured, alongside the inscriptions “1 OZ 9999 GOLD” and the year “1997,” encircled by an elegant beaded border that frames the entire design.

Product Highlights

  • Metal Type: Gold
  • IRA Eligible: No
  • Obverse: Features Raphael Maklouf’s effigy of Queen Elizabeth II, with inscriptions of her name, the country, and the denomination.
  • Reverse: Displays a left-profile image of an ox, with the Chinese character for “Ox,” weight, purity, and year.

Investment Appeal

The 1997 1 oz Australia Gold Lunar Ox coin presents a compelling investment opportunity for several reasons. First, its gold content offers intrinsic value and a hedge against economic uncertainty. The coin’s limited mintage of just 13,709 pieces—the lowest in the entire Lunar Series I—enhances its numismatic appeal and potential for appreciation.

As part of the esteemed Lunar Series I, this coin benefits from global recognition and liquidity. Collectors and investors worldwide seek these coins for their artistic merit, cultural significance, and the prestige associated with the Perth Mint’s craftsmanship. The Ox’s symbolism of wealth and prosperity in Chinese culture further adds to its allure in Asian markets.

For the discerning numismatist, this coin represents a convergence of historical significance, cultural symbolism, and precious metal investment. Its dual appeal as both a collectible and a store of value makes it a versatile addition to any portfolio. As time passes and the availability of these coins potentially diminishes, the 1997 Gold Lunar Ox may well prove to be a wise investment, embodying the very qualities of steadfastness and long-term value that the Ox itself represents.

IRV, Inc., established in 2010, is the parent company of Intaglio Mint, Limited Mintage, and Reserve Vault. With over 15 years of experience, IRV has earned a strong reputation for producing high-quality, unique bullion products and delivering exceptional customer service.

Our newest venture, Reserve Vault, is a premier online retailer of physical precious metals based in Ozark, Missouri. Reserve Vault extends IRV’s legacy of craftsmanship, offering top-quality gold and silver bullion at competitive prices, shipped directly to your doorstep.

Leveraging over a decade of expertise through Intaglio Mint, Reserve Vault ensures every product reflects the highest standards of quality and craftsmanship. Limited Mintage, another IRV subsidiary, exclusively retails Intaglio Mint’s unique bullion pieces, catering to collectors and investors.

Customer satisfaction remains our priority. If you need help with a purchase or have questions about an order, our dedicated team provides quick and personalized support through phone, live chat, or email.