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1/2 oz Silver Lunar III Goat 2027 (Mintage: 4,000 | Proof)

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  • Lucky design: Goat family on rocks
  • Perth Mint: World-renowned mint
  • Certificate of authenticity: in display stand
Item No.: 2270006
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Lunar III, Year of the Goat 2027

Three goats before the mountains,beside them a plum tree in blossom.

Image of the animal side: three goats against mountains, a blossoming branch on the right, at the top the character 羊 and GOAT 2027, on the left a P
Image of the effigy side: King Charles III in profile, the inscription CHARLES III and AUSTRALIA, the face value at the bottom

Image of the animal side: three goats against mountains, a blossoming branch on the right, at the top the character 羊 and GOAT 2027, on the left a P

The animal of the year

A design by Natasha Muhl

The Perth Mint describes a mature goat, a young goat and a baby goat.

The year’s gold coin bears a different image, designed by Wade Robinson: a single goat on a mountain plain.

The image draws on the phrase “Three Goats Bring Bliss”, which according to The Perth Mint stands for the end of winter and the arrival of spring.

The character 羊

At the top centre are the Chinese character for goat and GOAT 2027, on the left the P of The Perth Mint.

The Year of the Goat begins on 6 February 2027.

  • The standing goat

  • The character 羊

  • Name and year

The series

One animal a year since 1996

In 1996 The Perth Mint became the first mint to release an Australian lunar programme, as it states. Each series follows the twelve animals of the Chinese zodiac: Lunar I from 1996 to 2007, Lunar II from 2008 to 2019, Lunar III from 2020 to 2031.

Each year one animal is added, and the snake, the horse and the goat each have separate designs for gold and silver. The snake is the sixth animal of Lunar III, the horse the seventh, the goat the eighth.

Since the snake of 2025, the effigy side has shown King Charles III, portrayed by Dan Thorne.

Snake, horse and goat in silver
  1. Image of the animal side: Snake 2025 in silver

    Snake2025

  2. Image of the animal side: Horse 2026 in silver

    Horse2026

  3. Image of the animal side: Goat 2027 in silver

    Goat2027

The mint

The P of Perth

The Perth Mint was founded in a gold rush. In 1892 a find near Coolgardie set off Australia’s second great gold rush of the 19th century. Premier Sir John Forrest did not want the gold to leave Western Australia for processing and secured a branch of the Royal Mint in Perth.

On 20 June 1899 the first gold was processed and struck there, and The Perth Mint has operated continuously on the same site in East Perth ever since. The sovereigns from Perth carried a small P above the date.

The designs of the snake, the horse and the goat also bear a P, as The Perth Mint’s mintmark. Today it is owned by the State of Western Australia.

The P in the design

The finish

Proof in silver

On the proof coin, the frosted design stands on a mirror-polished field, as The Perth Mint describes it.

It bears the design of the year’s silver coin.

Image of the animal side, seen at an angle
The mirror field, seen at an angle

At a glance

Issuer
The Perth Mint
Face value
50 cents
Fine weight
1/2 ounce fine silver
Fineness
99.99%
Year
2027

All details according to The Perth Mint, the face value as it appears on the coin.

Struck in Perth since 1899.

Lunar III, Year of the Goat 2027.

1/2 oz Silver Lunar III Goat 2027 – Three Goats in Proof Quality

  • Minting quality: The highest possible finish "Proof" (PP) – mirrored background, matte raised relief
  • Investment purpose: Collector's product with investment character – value preservation, inflation hedge and, thanks to its small denomination, a convenient form of crisis protection
  • Design: Goat family against a mountain backdrop, Chinese character for goat, blossoming plum branch, inscription "GOAT 2027"
  • Material / fineness: 15.55 grams of silver in the finest quality of 999.9/1,000
  • Manufacturer: Minted by the world-renowned Perth Mint
  • Country of origin: Australia – face value 0.50 AUD, legal tender
  • Limited mintage: Only 4,000 pieces worldwide
  • Features: Display stand with certificate of authenticity, brand new, insured shipping

Every twelve years the goat returns to the Chinese zodiac – and the Perth Mint seizes this moment for one of its most beautiful issues. This 1/2 oz Silver Lunar III Goat 2027 in Proof quality is strictly limited, individually encapsulated in a high-quality capsule, and is aimed at everyone who wants to not only weigh precious metal but also admire it.

The design: "Three Goats Bring Bliss"

The obverse design was created by Perth Mint designer Natasha Muhl, whose initials "NM" appear at the lower edge of the coin. It depicts three generations: a fully grown goat standing on an elevated rock, a kid beside it, and a resting billy goat in the foreground. The scene draws on the ancient Chinese saying of good fortune, "Three Goats Bring Bliss" – a symbol for the end of winter, the beginning of spring, and renewal. To the right, a plum branch blossoms, symbolizing purity, resilience, and hope. Also featured are the Chinese character for goat, the inscription "GOAT 2027", and the traditional mint mark "P" of the minting facility. A charming detail: Natasha Muhl already designed the goat for Lunar Series II back in 2015 – twelve years later, she tells the same story with a fresh hand.

The reverse bears the portrait of King Charles III, created by Dan Thorne, surrounded by the inscription "CHARLES III AUSTRALIA" as well as the details "1/2 oz 9999 Ag" and "50 CENTS". This makes this silver coin official legal tender of the Australian state.

Proof – noticeably more effort per coin

For the Proof quality level, blanks and minting dies are elaborately polished, and each piece is struck multiple times at reduced speed. The result: a deep black, mirror-like background from which the matte, finely chiseled relief stands out in vivid relief. Fur, rock edges, and blossoms appear almost three-dimensional as a result. Such a piece should only be handled by the edge or with gloves, as fingerprints are mercilessly visible on the mirrored surface. For comparison, it's worth looking at the bullion version of the same goat in Brilliant Uncirculated quality: more robust to handle, but without this depth effect and without a limited mintage.

Mintage of 4,000 pieces – the collector's calculation

The Perth Mint limits this edition of the Australian Lunar Series III to 4,000 pieces worldwide. For comparison: more pieces exist of the 1-ounce sister coin in Proof quality, and the bullion editions of the series are issued without a fixed limit. Small mintages have traditionally been the driving force behind demand in numismatics, especially since Lunar silver coins are collected in Asia just as much as in Europe. A charming extra of the series: when the outer packaging of several years' issues are placed side by side, they gradually form a complete picture of all twelve animals of the great race. Anyone following the series in parallel in gold will already be familiar with this principle from the corresponding Lunar gold coins.

Why silver – and why in a small denomination?

Silver has accompanied humanity for millennia as a coinage metal, trade commodity, and store of value. Unlike paper money, which relies on trust in governments, the metal possesses an intrinsic value derived from its physical properties and industrial demand.

  • Industry: Electronics, photovoltaics, and medical technology continuously consume silver – some of it irretrievably.
  • Scarcity: Geological availability is limited, and supply cannot be expanded at will.
  • Divisibility: A half ounce is a small, easily tradable unit – practical for exchange and smaller transactions.
  • Liquidity: Silver coins from well-known mints are in demand worldwide and can be easily sold at any time.
  • Tax: Profits from the sale are generally tax-free after a holding period of at least one year.
  • Generations: The metal does not age – ideal for passing on wealth over decades.
Gold is considered humanity's oldest currency and has outlived all paper currencies. Silver is its smaller, more agile brother: cheaper to get into, more finely divisible, and more versatile in everyday use.

Who this issue is suited for

Collectors value the series for its annually changing zodiac sign and the opportunity to build a complete twelve-year cycle. Anyone collecting the yearly issues knows the feeling of having just a single gap left on the shelf. Investors, in turn, appreciate the combination of physical fine silver, state weight guarantee, and a manageable piece size that fits flexibly into an existing precious metals portfolio. And for anyone looking for a gift tied to a birth year: birth years under the sign of the goat include 1931, 1943, 1955, 1967, 1979, 1991, 2003, 2015, and 2027.

Technical data at a glance

  • Denomination: 1/2 ounce | Fine weight: 15.55 grams
  • Fineness: 999.9/1,000 silver
  • Diameter: 32.60 mm
  • Face value: 0.50 AUD
  • Year of issue: 2027 | Series: Lunar Series III
  • Quality: Proof | Mintage: 4,000 pieces
  • Mint: Perth Mint, Australia
  • Delivery: Display stand including certificate of authenticity, insured value shipping package

Product depiction may differ from the final product.

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