This silver coin is issued by the Australian Perth Mint. This silver coin is struck in 99.9% pure silver and has a face value of $1. Each year, new coins are released featuring the corresponding animals from the Chinese zodiac. The year 2013 is the year of the snake.
With the Lunar coins, each year the design is based on these annuals and hence the obverse of the coin features an image of a snake. The snake hangs from a branch and its tongue protrudes conspicuously. Surrounding the snake is the sign P, which stands for the mint The Perth Mint. Queen Elizabeth II is depicted on the reverse of the coin. Around it are inscriptions with the coin's face value, silver content and the queen's name.
Lunar silver coins are popular among investors and among collectors. The Lunar series is known as one of the finest silver investment coins and is also popular because every year the mint comes out with a new design.