2011 Year of Rabbit Second Series

Coin's reverse design depicts an adult and young rabbit surrounded by foliage and a tree with creepers entwined in its branches

2 oz and 1 oz 2011 Silver Rabbit

Perth Mint has decided to cease production for the 1/2 kg denomination for the Lunar Series, citing poor take-up. Hence, only 2008 - 2010 would have 1/2 kg version. However, there will be 500 pieces of 10 kg 2011 Lunar Rabbit coins to be produced - more than 10 times of the 2008 & 2009 versions.

Hence, the 2011 Year of Rabbit Second Series Silver has only 7 denominations. However, it continues to have the same number of limited mintage for 1 oz Gilded, Coloured, Proof, 3-Coin Proof Set, 4-Coin Typeset and 1 kg Proof.

Emerald Eye Inset is used in the 2011 Year of Rabbit 1 kg Gemstone Edition.

For 2011 Year of Rabbit, Perth Mint has minted for Cook Islands their first issue of 4-Coin Silver Proof Rectangle Set in the Lunar Series. Each coin has a different design depicting coloured rabbits on the reverse. However, each coin is issued as a legal tender under the authority of the Government of Cook Islands instead of Australia. The maximum mintage for the set is at 3,000 sets, each set is issued with COA and display case.

Coin Specifications:

• 1 troy ounce or 31.135 grams
• 99.9% fineness
• Face value: Cook Islands 1 Dollar
• Dimension: 47.6 X 27.6 X 4.0 mm

Mintage for 2011 Year of Rabbit Silver Lunar Second Series:

• 10 kg: (Capped at 1,000)
• 1 kg: TBD
• 1/2 kg: TBD
• 10 oz: 12,563
• 5 oz: 8,030
• 2 oz: 99,494
• 1 oz: 300,000 (Maximum Mintage)
• 1/2 oz: 124,488

Note: The above-mentioned mintage figures are sales figures released by Perth Mint. Except for the 10 kg and 1 oz, the rest of the denominations have unlimited mintages. Minting will close upon minting of the next issue is declared.

Transacted price (shipped) (Jan - Nov 2010)

Series 2

10 Kilo: NIL

1 Kilo: NIL

10 oz: S$398 - 426

5 oz: NIL

2 oz: S$84 - 88

1 oz: S$36 - 54

1/2 oz: NIL

1 oz Proof: S$94

High silver prices have turned buyers away as there were only 25 pieces of 1 oz and 7 pieces of 2 oz transacted from September to November compared to 61 pieces of 1 oz and 20 pieces of 2 oz transacted in November 2009 alone for the Year of Tiger coins. If silver prices remain high, the Year of Rabbit coins could well be at low mintage.

Apparently, transactions on ebay do not reflect the real situation on the 2011 Rabbit. It was declared by Perth Mint in January 2011 that they have reached the maximum mintage for the 1 oz Rabbit.

Transacted Prices in S$ inclusive of shipping to Singapore (Dec 2010 - Nov 2011)

10oz: S$486 - 547

5oz: S$391

2oz: S$109 - 162

1oz: S$59 - 96

1/2oz: NIL

1oz Proof: S$120 - 133

Typeset: S$473 - 633

Transacted Prices in US$ inclusive of shipping within US (Dec 2010 - Nov 2011)

1 Kilo: US$1,270 - 1,502

10oz: US$445 - 605

5oz: US$180 - 246

2oz: US$70 - 160

1oz: US$38 - 61

1/2oz: US$21 - 32

1oz Proof: US$126

3-Coin Proof Set: US$464