2023 1 Kilo Australia Silver Lunar Rabbit (Series III) - NGC MS70

Product ID: BST-001189C459

Specifications

Year 2023
Precious Metal Type Silver
Bullion Coin Type Lunar
Format Coin
Country of Origin Australia
Brand/Mint Perth Mint
Mint Mark P - Perth
Purity 0.9999
Weight 1 kg
Thickness (mm) 14.5 mm
Diameter (mm) 100.9 mm
Grade MS70
Grading Service NGC

Product Details

Overview of the 2023 Australia Silver Lunar Rabbit (Series III) 1 Kilo

The 2023 1 Kilo Australia Silver Lunar Rabbit is one of the most substantial releases in The Perth Mint's Lunar Series III program, struck in one kilogram of .999 fine silver and certified MS70 by the Numismatic Guaranty Company. At 32.15 troy ounces, the coin carries considerably more metal than standard one-ounce sovereign issues, making it a distinctive piece within the broader Lunar series lineup. It holds legal tender status in Australia, issued under the authority of the Commonwealth with a face value assigned accordingly.

We carry this coin in NGC MS70 grade, representing the highest classification on the Sheldon scale and confirming that the coin is flawless under five-times magnification with no post-production imperfections of any kind. For collectors and buyers who prioritize certified top-pop quality in large-format silver coins, the MS70 designation on a kilo issue from The Perth Mint is a meaningful standard to meet.

History and Background

The Perth Mint's Lunar series traces its origins to 1996, when the mint launched its first twelve-coin Lunar Series I collection based on the animals of the

Overview of the 2023 Australia Silver Lunar Rabbit (Series III) 1 Kilo

The 2023 1 Kilo Australia Silver Lunar Rabbit is one of the most substantial releases in The Perth Mint's Lunar Series III program, struck in one kilogram of .999 fine silver and certified MS70 by the Numismatic Guaranty Company. At 32.15 troy ounces, the coin carries considerably more metal than standard one-ounce sovereign issues, making it a distinctive piece within the broader Lunar series lineup. It holds legal tender status in Australia, issued under the authority of the Commonwealth with a face value assigned accordingly.

We carry this coin in NGC MS70 grade, representing the highest classification on the Sheldon scale and confirming that the coin is flawless under five-times magnification with no post-production imperfections of any kind. For collectors and buyers who prioritize certified top-pop quality in large-format silver coins, the MS70 designation on a kilo issue from The Perth Mint is a meaningful standard to meet.

History and Background

The Perth Mint's Lunar series traces its origins to 1996, when the mint launched its first twelve-coin Lunar Series I collection based on the animals of the Chinese zodiac. The program proved exceptionally popular across both collector and bullion markets, leading to a second twelve-year series beginning in 2008 and a third series launching in 2020. Each series completes a full zodiac cycle with an entirely new set of designs, maintaining continuity in format while introducing fresh artistic interpretations for each animal year.

The Rabbit is the fourth release in Lunar Series III, corresponding to the Chinese year of the Rabbit in 2023. The Perth Mint, established in 1899 and one of the world's oldest continuously operating government mints, has built its reputation around precision striking and creative design quality. Its Lunar coins are among the most widely recognized in the global collector market, with kilo formats historically attracting strong attention from buyers who want a significant silver piece rather than a standard one-ounce denomination.

Design and Aesthetics

The reverse of the 2023 Lunar Rabbit features a detailed portrayal of a rabbit set within a stylized natural environment, rendered with the level of engraving depth and surface contrast that The Perth Mint is known for. The composition reflects both the artistic sensibility of the Series III program and the cultural symbolism associated with the Rabbit in the Chinese zodiac, which represents grace, tranquility, and good fortune. The coin's year of issue, weight, purity, and legal tender denomination are inscribed as part of the design.

The obverse carries the Ian Rank-Broadley effigy of Queen Elizabeth II, which was the standard portrait used on Perth Mint sovereign issues through the transition period. The portrait is accompanied by identifying inscriptions confirming the coin's status as Australian legal tender. On a kilo-format coin, the broader canvas allows both sides to carry a level of visual presence that smaller denominations simply cannot match. The overall finish reflects The Perth Mint's struck-coin quality standards, which is part of why NGC MS70 certification at this size carries particular significance.

Authenticity and Product Integrity

The Perth Mint strikes its Lunar coins to strict tolerances for weight and purity, with the 1 kilo format produced at .999 fine silver and 32.15 troy ounces. Each coin leaving the mint is minted to sovereign-coin standards under Australian government oversight, which provides an institutional layer of accountability beyond what private refineries offer. NGC's MS70 certification adds a second, independent layer of verification, confirming that the coin has been examined and encapsulated by one of the two most respected third-party grading services in the numismatic industry.

We are an authorized dealer for NGC, which means our relationship with that grading service reflects a recognized standard of authenticity and handling integrity. Every product we carry is verified before it reaches a customer, and NGC-certified coins arrive sealed in tamper-evident holders that protect the coin's grade and surface condition. Buyers purchasing a certified coin from us receive the full NGC documentation and holder as part of the package.

Condition and Packaging

MS70 is the highest grade the Sheldon scale assigns, designating a coin as perfect mint state with absolutely no post-production marks, hairlines, or imperfections visible under five-times magnification. On a one-kilo coin, achieving MS70 is a more demanding standard than on smaller denominations simply due to the size of the surface area that must remain completely flawless. A coin certified at this grade by NGC represents the best-conditioned examples from any given production run.

Because this coin is NGC-certified, it ships in the NGC slab, a rigid, tamper-evident plastic encapsulation that protects the coin's condition and preserves the grade. The slab includes a certification label identifying the coin, its date, and its MS70 grade, and can be verified through NGC's online certification registry. No additional handling is required to confirm the coin's authenticity or condition. The encapsulation is the packaging, and it is designed to maintain the coin's state indefinitely when stored appropriately.

Pricing and Market Factors

Pricing for the 2023 1 Kilo Silver Lunar Rabbit in NGC MS70 reflects two distinct components: the underlying silver value based on the current spot price and the numismatic premium associated with the coin's certification grade, limited mintage, and collector demand. At 32.15 troy ounces, the base metal content alone represents a meaningful position, and the MS70 grade adds a premium layer that varies based on population report data, secondary market activity, and demand from collectors targeting certified Lunar coins.

Kilo coins in top grades tend to command premiums that respond to changes in population reports and auction results rather than purely to silver spot price movements. Our pricing reflects real-time market conditions across both the bullion and numismatic dimensions of this product, giving buyers a transparent starting point for evaluating the full cost of acquisition. Understanding how the certified numismatic premium interacts with spot exposure is an important part of evaluating a coin like this one.

Selling and Liquidity

Perth Mint Lunar coins in large formats maintain consistent recognition across the global collector market, which supports broader resale access compared to coins from lesser-known mints or programs. NGC MS70 certification reinforces that recognition by providing objective grade documentation that is universally understood by dealers, auction houses, and private buyers worldwide. Certified coins in top grades generally trade through established channels including dealer networks and numismatic auction platforms.

We operate a two-way market that supports both buying and selling within the same platform. Customers who purchased this coin through us and later decide to sell can engage our buyback pricing directly rather than navigating third-party resale channels independently. Liquidity on kilo-format certified silver coins is a more specialized segment than standard one-ounce bullion, so we encourage buyers to consider the resale context before committing, and we are here to provide transparent pricing on both sides of that transaction.

Why Buy the 2023 1 Kilo Silver Lunar Rabbit in NGC MS70?

The kilo format of the Lunar Rabbit appeals to a specific type of buyer: someone who wants a physically significant silver coin with a strong design program behind it and a certified grade that eliminates any ambiguity about condition. The Perth Mint's Lunar Series III is produced in limited annual mintages, and the kilo denomination represents one of the more exclusive format options within the series. Combined with NGC's MS70 certification, this coin sits at the intersection of bullion weight and certified numismatic quality.

For collectors building a certified Lunar series set or buyers who want a standout silver coin with verifiable provenance and grade, the 2023 Rabbit kilo in MS70 is a product that delivers on multiple criteria simultaneously. The combination of a globally recognized mint, an established series with a documented collector base, and a top-grade certification makes this a well-defined product rather than a speculative novelty.

Why Buy from Bullion Standard?

We have been operating in the precious metals market since 2010, and our approach has consistently been built around transparency, fair pricing, and long-term customer relationships rather than high-pressure sales tactics. Our A rating with the Better Business Bureau reflects a track record of professional conduct across thousands of transactions, and our memberships in the American Numismatic Association and the National Coin and Bullion Association reinforce our commitment to industry standards. As an authorized dealer for both NGC and PCGS, we are positioned to handle certified coins with the seriousness they deserve.

Every product we offer is verified for authenticity before it reaches a customer, and our pricing reflects real-time market conditions rather than arbitrary markups. Our two-way market model means that when you are ready to sell, you can engage our buyback pricing through the same platform where you made your original purchase. We believe liquidity should be a consideration before you buy, not a problem you solve afterward, and that philosophy shapes how we structure the entire buying and selling experience.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing across a wide range of precious metals products, including certified coins like the 2023 1 Kilo Silver Lunar Rabbit in MS70. For a product that carries both a bullion component and a numismatic premium, understanding how wholesale pricing moves relative to spot and how the certified premium fluctuates over time can provide meaningful context for timing and evaluation. Pro members can also access historical premium data and spread analysis tools that help put current pricing in perspective relative to past market conditions.

Real-time portfolio valuation through Bullion Standard Pro uses current executable wholesale bid prices rather than estimated retail values, which gives a more realistic picture of what a holding like this coin is worth in an actual liquidation scenario. For buyers who want to evaluate this coin as part of a broader precious metals portfolio rather than as an isolated purchase, the platform provides the data infrastructure to do that objectively. Our goal is to give members the same quality of market information that has historically been available only within the wholesale dealer network.

Flexible and Secure Payment Options

We support a broad range of payment methods to make purchasing straightforward regardless of how you prefer to transact. 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 processed through a secure transaction environment designed to protect your financial information at every step.

Pricing may vary slightly by payment method, which is consistent with standard practice across the precious metals industry. Wire transfer and check payments typically reflect the lowest available price, while card and digital payment options may carry a modest processing differential. We display these differences transparently so you can select the method that best fits your priorities and complete your purchase with confidence.

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