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The 2003 Australian Lunar Series I Year of the Goat 1 oz gold coin was produced by The Perth Mint in Western Australia. Each coin contains 1 troy ounce of 999.9 fine gold and carries a legal tender face value of 100 Australian Dollars.
The Perth Mint introduced its first Lunar Gold Coin Series in 1996, drawing inspiration from the twelve animals of the ancient Chinese zodiac. The original Lunar Series I ran from 1996 to 2007, featuring a different zodiac animal each year. Following the success of the original twelve-year programme, Lunar Series II was launched in 2008 and continued the tradition with a new generation of designs. Its enduring popularity eventually led to Lunar Series III in 2020, making the Australian Lunar programme one of the longest-running modern precious metal collections based on the Chinese zodiac.
Perth Mint Lunar coins have developed a strong following internationally, particularly in Asian markets where the zodiac carries deep cultural significance. Their combination of precious metal content, annually changing artwork and association with each birth year's zodiac animal has also made them popular as gifts and keepsakes, in addition to their role as physical precious metal investments.
The 2003 release celebrates the Year of the Goat, the eighth animal in the twelve-year Chinese zodiac cycle. In Chinese culture, the goat is traditionally associated with peace, harmony, kindness and prosperity. People born during Goat years are said to possess qualities such as gentleness, creativity, compassion, patience and a strong appreciation for beauty and harmony. Recent Goat years include 1955, 1967, 1979, 1991, 2003 and 2015.
The reverse was designed by artist Travis Farley and depicts a goat walking through a grassy landscape, reflecting the animal's traditional association with gentleness, perseverance and tranquillity. The design is accompanied by the Chinese character for goat, the year-date 2003, the coin's weight and gold purity, together with a decorative beaded border. As with other releases in the collection, the artwork was created specifically for its respective lunar year, giving every zodiac issue a distinct appearance.
The obverse features Ian Rank-Broadley's effigy of Queen Elizabeth II together with the coin's monetary denomination. As Australian legal tender, the coin combines its 999.9 fine gold content with an official Australian dollar face value.
The 2003 Year of the Goat 1 oz gold bullion coin was the eighth release of Australian Lunar Series I and had a maximum mintage of 30,000 pieces. According to published mintage records, only 16,775 coins were produced, representing approximately 56% of the maximum authorised mintage. This production figure applies specifically to the standard 1 oz bullion issue, while other weights and Proof editions were issued under separate production arrangements.
For its 2003 release, Lunar Series I gold bullion coins were offered in a range of denominations, including 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz and 1 oz, as well as larger 2 oz, 10 oz and 1 kilogram pieces. The 1 oz format represents the standard one-ounce gold bullion denomination offered by The Perth Mint, providing investors with a popular and practical way of owning physical Investment Precious Metals (IPM) in Singapore.
Product Details:
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Points computation: 1 coin = 6.40 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Current Purchase Price | SGD 6,000.45 | SGD 5,997.89 | SGD 5,995.34 |
| Current Price/Gram | SGD 192.92 | SGD 192.84 | SGD 192.75 |
| Current Price/oz | SGD 6,000.45 | SGD 5,997.89 | SGD 5,995.34 |
| Percentage Over Spot (ASK PRICE) | 12.56% | 12.51% | 12.47% |
| Buy/Sell Spread | 11.74% | 11.70% | 11.66% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | SGD 93.29 |
| 12 months | SGD 186.58 |
| 24 months | SGD 373.16 |
| 36 months | SGD 559.73 |
| 60 months | SGD 932.89 |
| Item | Cost Per Coin |
|---|---|
| Transfer-in and testing | SGD 4.50 |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.