2013-2022 AUSTRALIAN STOCK HORSE by the Perth Mint 2017-04-23T17:42:52+00:00

Project Description

2013-2022 AUSTRALIAN STOCK HORSE by the Perth Mint

An icon in Australia, the admired Australian Stock Horse was originally a combination of several breeds including the Thoroughbred, Arab, and Timor and Welsh Mountain  ponies. Although they were initially used for stock work and exploration by the early settlers, more than 120,000 Australian Stock Horses went on to serve in the First World War. Their strength, stamina and courage earned them international recognition as the finest cavalry mounts in the world and established their place in Australian history and folklore.

The Perth Mint has a history of striking limited run bullion coins for some of the bigger dealers around the world. In early 2013, the debut coin in what was purported to be a new ten-coin series launched and became a near instant hit. Produced for a large German dealer, EMK Munzen & Edelmetalle, the Australian Stock Horse is a standard silver one-ounce coin with a mintage limited to just 10,000 pieces. Early coins were struck in 0.999 silver, but from 2016 onwards the mint has carried on its process of moving over to 0.9999 fineness.

Each of the coins to date, and there have been three so far, have been designed by Perth Mint in-house artist Ing Ing Jong and depict the famous Australian Stock Horse in various poses, a different one each year. Struck to a brilliant uncirculated finish, there are no silver proof versions, each coin is available in two versions. The main bulk of the release run (9,000 coins) is sold by EMK themselves and come encapsulated and with a numbered Certificate of Authenticity. The final 1,000 coins are sold directly by the Perth Mint and come mounted to a coloured card, but are not given a serial number. Our understanding is that Australian law dictates that any currency issued for the country must have 10% of its mintage available in Australia itself. This would also explain why only 45,000 of the 50,000 Wedge-tailed Eagle bullion coins struck for US dealer Govmint are sold by Ainslie Bullion in Australia, for example.

These are not what could be described as a standard bullion coin and sit firmly in semi-numismatic territory. Sadly, over the last couple of years the initial asking price for the encapsulated version has risen to a larger than average premium. The Perth Mint’s initial price for their version has remained consistent, but their carded release commands some quite hefty prices on the aftermarket. If you can get one from the mint, you’ll likely do well from them. They’re a nice coin, well struck , and the limited mintage should help maintain interest. The Perth Mint version mounted on a card is the one to get, but both appear to be solid buys.

2017 Stock Horse

The Australian stock horse is widely regarded as the breed for every need. Known for their cat-like agility and speed, endurance, athleticism and reliability, the stock horse is an extremely versatile variety and a popular choice for a wide range of modern-day equestrian activities including polocrosse, show jumping, dressage, hacking, camp drafting and eventing.

REVERSE: The coin’s reverse portrays an Australian stock horse in a paddock rearing up on its hind legs, with a sheath of hay in the background. The design includes the inscription AUSTRALIAN STOCK HORSE, the 2017 year-date and The Perth Mint’s ‘P’ mintmark.

2016-PM-Stock-Horse-REV
2016-PM-Stock-Horse-CARD

The Australian Stock Horse has been especially bred for Australian conditions. It is a hardy breed of horse noted for its endurance, agility and agreeable temperament. While its ancestry dates to the arrival of the first horses in Australia, today it is used in a wide variety of equestrian disciplines, and is also still highly valued as a working horse by stockmen throughout Australia.

REVERSE: The coin’s reverse portrays an Australian Stock Horse jumping a hurdle amid a rural landscape. The design includes the inscription AUSTRALIAN STOCK HORSE, the 2015 year-date and The Perth Mint’s ‘P’ mintmark.

Known for their cat-like agility and speed, endurance, athleticism and reliability, today’s Australian Stock Horse is an extremely versatile breed and a popular choice for a wide range of modern-day equestrian activities including polocrosse, show jumping, dressage, hacking, camp drafting and eventing.

REVERSE: The coin’s reverse portrays an Australian Stock Horse jumping a hurdle amid a rural landscape. The design includes the inscription AUSTRALIAN STOCK HORSE, the 2015 year-date and The Perth Mint’s ‘P’ mintmark.

Originally a combination of several breeds including the Thoroughbred, Arab, and Timor and Welsh Mountain ponies, the Australian Stock Horse has evolved to become a distinctive breed in its own right.

Although they were initially used for stock work and exploration by the early settlers, more than 120,000 Australian Stock Horses went on to serve in the First World War. Their strength, stamina and courage earned them international recognition as the finest cavalry mounts in the world and established their place in Australian history and folklore.

REVERSE: The coin’s reverse portrays an Australian Stock Horse galloping on a rural property alongside a wooden fence. The design includes the inscription AUSTRALIAN STOCK HORSE, the 2014 year-date and The Perth Mint’s ‘P’ mintmark.

Originating from the colonial stock which arrived with the First Fleet in 1788, the Australian Stock Horse is bred to endure the harsh conditions of the country’s vast outback.

Renowned for its calm temperament, agility, strength and endurance, the Australian Stock Horse has evolved to become both a reliable working and fine performance breed. Considered extremely versatile, this variety of horse is often chosen for general riding, stock work on pastoral land, and equestrian competitions.

REVERSE: The coin’s reverse portrays an Australian Stock Horse proudly rearing up onto its hind legs in a paddock on a rural property. The design includes the inscription THE AUSTRALIAN STOCK HORSE, the 2013 year-date and The Perth Mint’s ‘P’ mintmark.

CAPSULE CERTIFICATE

SPECIFICATION
DENOMINATION $1 AUSTRALIA
COMPOSITION 0.999 SILVER
WEIGHT 31.10 g
SIZE 40.60 mm
FINISH UNCIRCULATED
MINTAGE 9,000 IN CAPSULES. 1,000 IN CARDS
BOX / COA NO / YES (CAPSULE VERSIONS ONLY)

GOLD PROOF RANGE

August 2014 saw the 2013 artwork struck on a 2014 coin but in five ounces of fine gold. Limited to just 99 pieces, sales within Australia are again dealt with by the Perth Mint, and those to the rest of the world by EMK who had it for sale at €7,950 upon launch. At the time we published, they’re were also selling coins with certificate numbers 01, 08, 88 and 99, but with prices ranging from €12,500 (#99) up to a staggering €20,000 (#01), the premium is highly excessive.

The coin comes in a beautiful wooden display box packed in a classy shipper box. The coin’s design is a match for the silver 2013 Stock Horse coin, even though it carries a 2014 date. Tthere’s currently no allowance for a 1oz gold version, surprising given that would seem to be a potentially hot-selling item. The market for a 5oz gold is exponentially smaller.

The coin was successful enough that it’s currently on its third incarnation, each time with artwork from the previous years silver version.

MINTS DESCRIPTION

OBVERSE: Issued as legal tender under the Australian Currency Act 1965, the obverse of the coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, and the monetary denomination.

PACKAGING: The coin is housed in a prestigious wooden display case, within an illustrated shipper. Each coin is accompanied by a numbered Certificate of Authenticity.

PROOF SPECIFICATION
DENOMINATION $500 AUSTRALIA
COMPOSITION 0.9999 GOLD
WEIGHT 155.55 g
SIZE 50.5 mm
MINTAGE 99
BOX / COA YES / YES
EMK GERMANY
THE PERTH MINT

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