1oz Silver Diwali Festival 2017 Coin - Perth Mint
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1oz Silver Diwali Festival 2017 Coin - Perth Mint

AUD$79.00
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Issued as Australian legal tender, each coin’s reverse depicts a coloured representation of Lakshmi sitting on a lotus flower with gold coins pouring out of her hands, symbolising material and spiritual wealth. The design includes the inscription ‘happy diwali’ and The Perth Mint’s traditional ‘P’ mintmark.

The Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the 2017 year-date, and the monetary denomination are depicted on the coin’s obverse.

With only 5000 minted, these magnificent silver coins celebrate Diwali, the ancient five day Hindu ‘festival of lights’. Celebrated by millions of Hindus, Sikhs, Jains, and some Buddhists around the world, it is considered one of the happiest holidays in India and Nepal. The main theme of the festival is the triumph of light over darkness, goodness over evil, knowledge over ignorance, and hope over despair.

These Diwali coins are presented in a contemporary latex case which displays both sides of the coin and is accompanied by a numbered Certificate of Authenticity.

The Perth Mint is Australia’s leading precious metal refiner. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold products are refined to 99.99% purity and all silver products are refined to 99.9% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.

Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.
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