The new bullion coin releases are still coming thick and fast, with the latest piece from the Royal Australian Mint (RAM) and Hong-Kong-based LPM harking back to a numismatic classic of last decade. Released way back in 2006, the Perth Mint’s now iconic coloured Red-back Spider coin launched a new series called Deadly & Dangerous. That series is still going today, but has never managed another design so well lauded, despite some fine entrants in the ensuing 13 years.
This new coin is not related to that, and while taking some design cues from it, is a whole new piece of work. It’s equally impressive, especially for a bullion coin, and a far more impressive looking beast than the Perth Mint’s 2015 Funnel-Web Spider silver bullion coin, even if the actual subject of that one could eat this ones for a light snack!
The full-body spider sitting in a complex web has a good stab at showing depth and dimension, aided by the coin title being interwoven. Fortunately, just a reasonably unobtrusive composition inscription sits on this face, leaving the overall design to shine through. The obverse is an effigy of Queen Elizabeth II, this one the new international uncouped version of Jody Clarks new one, taking over on RAM coins from the ubiquitous Ian Rank Broadley effort.
Two versions on offer. A 1oz 0.999 silver and a 1oz 0.9999 gold. These have become fairly standard in the bullion coin market of late, although we do feel there is room in the market opening up for more ¼oz gold coins, now that the price is rising. We’d also quite like to see a proof silver version, without colour, maybe high-relief. Available today from LPM, it’s another to add to our list of cool bullion coins hitting the market in 2019. Never been a better time to collect, if variety is your thing.