The 2024 Year of the Dragon Perth Mint Lunar 1/20oz is an Australian gold coin, minted by the Perth Mint. The weight of the coin is 1.555 grams with a fineness of 999.9 (24 carat gold), this means it contains 1.55517 grams of pure gold. The diameter of the coin is 13.7 mm. The Perth Mint Lunar 1/20oz Gold Coins have a face value of 5 Dollars and are legal tender in Australia.
It features a stylized Chinese mythical dragon on the reverse, symbolizing control over the elements, accompanied by the character for 'dragon,' the inscription 'DRAGON 2024,' and a 'P125' mintmark for The Perth Mint's 125th anniversary.
On the obverse, the coin displays the Jody Clark Memorial Obverse of Queen Elizabeth II, including the dates of her reign from '1952-2022,' along with details like the coin's weight, purity, and monetary denomination. As an added security measure, the 1oz coin integrates a micro-laser engraved letter 'P' for authentication, making counterfeiting significantly more challenging.
The dragon, the fifth animal in the lunar zodiac, is believed to bestow qualities like bravery, ambition, intelligence, and good fortune on those born in its years-1952, 1964, 1976, 1988, 2000, 2012, and 2024. This twentieth ounce gold coin contains 1.55g of fine, 999.9 gold, with a face value of 5 Australian Dollars. The smaller size is an excellent way to buy one of these beautiful coins at a lower cost.