2011 1 Oz Australia Silver Lunar Rabbit (Series II) - BU

Buyback price:  $57.68
Bullion Standard Pro Buyback price:  $58.50

Product ID: BST-002331BF4F

Specifications

Year 2011
Precious Metal Type Silver
Bullion Coin Type Lunar
Format Coin
Country of Origin Australia
Brand/Mint Perth Mint
Mint Mark P - Perth
Purity 0.999
Weight 1 oz
Thickness (mm) 2.6 mm
Diameter (mm) 45.6 mm
Inner Pack (Quantity) 20
Outer Pack (Quantity) 200
Grade BU

Product Details

Overview of the 2011 Australia Silver Lunar Rabbit (Series II)

The 2011 Perth Mint Silver Lunar Rabbit is a one troy ounce silver coin struck in .999 fine silver as part of the Australian Lunar Series II program. Issued under the authority of the Australian government, it carries legal tender status with a face value of one dollar. The coin is widely recognized among collectors and bullion buyers alike for its refined artistry and consistent minting standards.

Series II Lunar coins occupy a distinct place in the silver market, appreciated both for their precious metal content and for the annual design rotations tied to the Chinese zodiac calendar. The Rabbit, representing 2011, is one of the more sought-after releases in the series due to its intricate reverse composition and the broader popularity of the Lunar program among both Australian and international buyers.

History and Background

The Perth Mint launched the Australian Lunar Series II in 2008 as a successor to the original Lunar Series I, which ran from 1996 to 2007. Where the first series established the concept of annually rotating zodiac designs on Australian legal tender coinage, Series II expanded the program with

Overview of the 2011 Australia Silver Lunar Rabbit (Series II)

The 2011 Perth Mint Silver Lunar Rabbit is a one troy ounce silver coin struck in .999 fine silver as part of the Australian Lunar Series II program. Issued under the authority of the Australian government, it carries legal tender status with a face value of one dollar. The coin is widely recognized among collectors and bullion buyers alike for its refined artistry and consistent minting standards.

Series II Lunar coins occupy a distinct place in the silver market, appreciated both for their precious metal content and for the annual design rotations tied to the Chinese zodiac calendar. The Rabbit, representing 2011, is one of the more sought-after releases in the series due to its intricate reverse composition and the broader popularity of the Lunar program among both Australian and international buyers.

History and Background

The Perth Mint launched the Australian Lunar Series II in 2008 as a successor to the original Lunar Series I, which ran from 1996 to 2007. Where the first series established the concept of annually rotating zodiac designs on Australian legal tender coinage, Series II expanded the program with refined design standards, updated portrait elements, and broader size availability across the product family.

The Perth Mint itself has operated since 1899, originally established as a branch of the Royal Mint of London. It is now owned by the Government of Western Australia and operates as one of the most respected sovereign minting facilities in the world. Its reputation for precision striking, quality control, and design excellence is reflected throughout the Lunar Series program.

The Rabbit is the fourth release in Series II and corresponds to the fourth year of the twelve-year zodiac cycle. Each coin in the series is produced in limited annual mintages, which adds a layer of scarcity to the program that distinguishes it from standard bullion issues with open-ended production.

Design and Aesthetics

The reverse of the 2011 Lunar Rabbit features a detailed portrait of a rabbit set against a decorative background that draws from traditional Chinese artistic motifs. The composition includes fine line engraving work throughout the primary image, balanced by open field areas that highlight the quality of the strike. The year of issue, metal weight, and purity are inscribed on the reverse, framing the central design with clean typographic precision.

The obverse carries the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, a standard feature across Australian legal tender coinage during this period. The portrait is rendered in fine relief with surrounding inscriptions denoting the issuing authority and nominal face value. The overall coin diameter and relief depth reflect the high-definition minting capabilities that the Perth Mint consistently delivers across its collector and bullion programs.

The Brilliant Uncirculated finish gives the coin a sharp, lustrous appearance with fully struck design elements and no signs of wear. This finish sits between standard bullion strike quality and proof-level mirrored fields, making it a compelling option for buyers who prioritize visual quality alongside metal content.

Authenticity and Product Integrity

Each coin is struck by the Perth Mint to a confirmed weight of one troy ounce and a silver purity of .999, meeting the standard benchmarks required for legal tender issuance under the Australian government. The Mint's production processes include rigorous quality control at the striking stage, and the coin's specifications are inscribed directly on the reverse as a point of reference and authentication.

We carry authorized dealer relationships with both PCGS and NGC, which allows us to facilitate professional third-party grading and certification for customers who wish to have their coins independently verified. Every product we handle is verified for authenticity, weight, and purity before it reaches our customers, and we source exclusively from reputable mints, wholesalers, and established distributors within the industry.

Condition and Packaging

Brilliant Uncirculated describes a coin that has been struck for collector or premium bullion use, handled minimally, and preserved in a condition that retains its original mint luster and surface clarity. There are no signs of wear or circulation, and the design elements remain fully defined from rim to center. BU represents a meaningful step above standard bullion strike quality for buyers who care about the visual presentation of their coins alongside metal content.

Individual coins ship in protective plastic flips to prevent contact damage and preserve surface quality. Tubes of 20 coins are the standard inner pack for this issue, and a sealed monster box of 500 coins represents the full outer case quantity. If you are ordering a single coin, it will arrive in a flip; tube-quantity orders ship in the original sealed tube; and case-quantity orders ship in the sealed Perth Mint monster box.

Pricing and Market Factors

Pricing on the 2011 Silver Lunar Rabbit is tied directly to the current spot price of silver, with a premium applied above that baseline. The premium on this coin reflects a combination of factors: the Perth Mint's standing as a premier sovereign minting facility, the collectible nature of the Lunar Series II program, the annual design rotation structure, and the Brilliant Uncirculated finish. Because this is a secondary-market product from a closed mintage year, premium levels can shift meaningfully based on collector demand and available supply.

Our pricing reflects real-time market conditions and is structured for clarity. The bid and ask spread displayed on the product page provides a complete picture of both acquisition cost and current resale value, which allows for a more informed assessment of the total cost of ownership rather than focusing on the purchase price alone.

Selling and Liquidity

Australian Lunar Series coins are broadly recognized across both the bullion and numismatic markets, which supports reasonable liquidity relative to many collector-oriented silver products. The standardized one troy ounce weight and .999 silver purity meet the thresholds expected by bullion dealers, wholesalers, and private buyers worldwide. The Perth Mint's global brand recognition contributes to consistent demand for these coins in secondary market transactions.

We operate a two-way market that allows customers to both purchase and sell precious metals within the same platform using competitive buyback pricing. Liquidity is something we believe should be considered at the point of purchase, not only at the point of sale, and our platform is structured to reflect that perspective.

Why Buy the 2011 Australia Silver Lunar Rabbit?

This coin combines government-backed legal tender status with a closed mintage structure and a design program that carries sustained collector interest year over year. Unlike open-ended bullion issues, Series II Lunar coins are produced for a defined year and reflect a specific chapter within a twelve-coin zodiac sequence, which adds a degree of scarcity to the Rabbit year that generic silver rounds or bars simply do not carry.

The Brilliant Uncirculated condition makes this a particularly strong option for buyers who want coins that are visually sharp and well-preserved, whether for personal collection purposes or as part of a broader silver holdings strategy. The Perth Mint's reputation for design quality and striking precision reinforces the appeal of the product beyond its metal content alone.

Why Buy from Bullion Standard?

We have operated in the precious metals market since 2010, building a reputation grounded in pricing transparency, product authenticity, and a buying and selling experience that treats customers as informed participants rather than passive buyers. Our A rating with the Better Business Bureau reflects the consistency of that approach over time, and our memberships in both the American Numismatic Association and the National Coin and Bullion Association reinforce our commitment to industry standards and professional conduct.

As authorized dealers for both PCGS and NGC, we are positioned to support customers across the full range of bullion and numismatic products, including collector-oriented issues like the Lunar Series. Every product we carry is verified before it reaches you, and our platform is designed to provide clarity at every stage of the transaction, from the initial pricing display through to post-purchase support. Our two-way market model means we are equally focused on your ability to sell as we are on facilitating your purchase.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members direct access to live, executable wholesale bid and ask pricing, which is particularly relevant for a secondary-market product like the 2011 Lunar Rabbit where premium levels and resale values can shift with collector demand. Rather than relying on static retail pricing, Pro members can see how the coin is currently priced and traded at the wholesale level, with real-time portfolio valuation based on live wholesale bid prices rather than estimated retail figures.

The platform also provides access to proprietary research tools that allow members to evaluate products using historical premium data, bid and ask spread analysis, and liquidity metrics. For a collector-bullion hybrid like the Lunar Rabbit, where premiums can vary significantly from standard bullion issues, having access to that depth of market data supports more informed buying and selling decisions over time.

Flexible and Secure Payment Options

We support a broad range of payment methods to accommodate buyers at every stage of the purchasing process. Accepted options include Visa, Mastercard, American Express, Discover, PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency payments through BitPay. Each method is integrated with transaction security standards designed to protect your information and give you confidence throughout the checkout process.

Whether you prefer the convenience of a credit card, the efficiency of a wire transfer, or the flexibility of cryptocurrency, the payment infrastructure is built to handle each method securely and reliably. Our fulfillment process follows the same standards, ensuring that every order is processed accurately and ships in a way that reflects the value of what you have purchased.

Reviews