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The 2023 1oz Silver Year of the Rabbit coin from the Royal Australian Mint is an excellent and beautiful coin for investors and collectors alike.
This coin has the following characteristics:
- Weighs 1 troy ounce
- Is guaranteed by the Australian government
- Has a face value of 1$1 AUD
- Is 99.9% pure silver
- Features a rabbit sitting on its hind legs eating some grass or flowers
- Is IRA eligible
- Has a diameter of 40mm
- Limited mintage of 50,000 coins worldwide
Coins from the Royal Australian Mint are considered to be of high quality and are highly sought after by collectors and investors. The silver coins, in particular, are made of 99.9% pure silver, which is a high level of purity.
The Year of the Rabbit coin is likely to be popular among collectors and investors who are interested in Chinese astrology and culture, as the Chinese zodiac is widely recognized and celebrated around the world. The limited mintage of these coins, means that they may become scarce and valuable over time. The coin's value is also based on the spot price of silver which is relatively stable over time, making it a good investment but will depend upon the spot price of silver.
It's important to note that investing in coins, or any other assets, carries risk and you should always conduct your own research and consult a financial advisor before making any investment decisions.
|Royal Australian Mint
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