Today, October 6, the Perth Mint has released its 2016 Five Blessings 1 oz. Silver Bullion Coin, available for $69.00 AUD. The coin is composed of silver that is 99.9% pure and has a mintage limit of 10,000 pieces.
The reverse design, created by Aleysha Howarth, features five bats positioned around the Chinese character for “Fu,” meaning prosperity. According to a press release, the bats symbolize the “Five Blessings” in Chinese culture, which include “longevity, wealth, health and composure, virtue, and the desire to die a natural death in old age.”
Mingled with the bats are motifs depicting peaches and peonies, which have there own symbolic associations. The peaches represent longevity and immortality, while the peonies stand for royalty, virtue, wealth, and honor. The bottom of the design features the inscriptions FIVE BLESSINGS and P, the mintmark for the Perth Mint.
The coin’s obverse features Ian Rank-Broadley’s portrait of Queen Elizabeth II, along with the inscriptions ELIZABETH II, AUSTRALIA, 1 oz 999 SILVER, 2016, and the coin’s monetary denomination of 1 DOLLAR. The diameter of the coin measures 40.60 mm, and it has a thickness of 4 mm.
A gray presentation case houses the coin, with a red and gold outer box bearing a version of the reverse design. A numbered Certificate of Authenticity is also included.
For more information on the 2016 Five Blessings 1 oz. Silver Bullion Coin, visit the item’s product page on the Perth Mint’s Web site.