2002 Year of the Horse Gold Coin

2002 Year of the Horse Gold Coin

The 2002 Year of the Horse Gold Coin was the seventh release within the Australian Lunar Series offered by the Perth Mint. Buoyed by a strong gold market, the one ounce size bullion coin for this year reached a full sell out of the maximum authorized mintage, representing one of only three times this has occurred.

The reverse design features the image of a graceful yet power horse galloping through a field of grass. The Chinese character for “Horse” appears in the field with the “2002” date also present. Beneath the image is an indication of the precious metal weight and purity. All of the offerings are struck in 99.99% pure gold. The obverse carries an image of Queen Elizabeth II, with an inscription of the legal tender denomination.

Those born within the date range of February 12, 2002 to January 31, 2003 are said to have been born in the Year of the Horse. Those born under the influence of the seventh sign in the Chinese zodiac are believed to cheerful  and quick witted, but sometimes compulsive or stubborn.

Gold bullion coin options remained the same as the prior year. There were large sized one kilogram, ten ounce, and two ounce coins offered with unlimited mintages. The lower weight one ounce, one-quarter ounce, one-tenth ounce, and one-twentieth ounce coins had a maximum mintage specified for each size. As mentioned, the one ounce size sold out of the full 30,000 mintage.

Numismatic products were offered with specified maximum mintage levels. The most popular option was a three coin proof set including one ounce, one-quarter ounce, and one-tenth ounce sizes. Two individual proof options had lower sales levels.

Bullion Mintages

Denomination Weight Maximum Mintage Declared Mintage
$3,000 1 kg Unlimited 163
$1,000 10 oz Unlimited 191
$200 2 oz Unlimited 1,291
$100 1 oz 30,000 30,000
$25 1/4 oz 60,000 10,187
$15 1/10 oz 80,000 18,434
$5 1/20 oz 100,000 27,338

Numismatic Mintages

Product Maximum Mintage Declared Mintage
Three Coin Set (1 oz, 1/4 oz, 1/10 oz) 5,000 1,471
Individual 1/4 oz Proof Coin 7,000 1,341
Individual 1/10 oz Proof Coin 7,000 724