Friday, August 17, 2007

World’s First Pure Silver ‘Orbital’ Coin

The Perth Mint is launches the world’s first pure silver 'Orbital' coin on September the 10th. This new revolutionary new design concept – the 'Orbital' coin takes coin making to an entirely new level.

According to the Perth Mint, "The coin celebrates the 50th Anniversary of Sputnik, which was launched by the Soviet Union on 4 October 1957. The first man-made satellite to orbit the world, Sputnik’s success triggered the Space Race and efforts to realise the ultimate dream of landing men on the Moon."

Struck by The Perth Mint in proof quality, the coin comprises 1oz of 99.9% pure silver.

The coin’s colored reverse depicts the famous satellite in orbit. Thanks to the unique construction of the ‘orbital’ coin, Sputnik, the Russian word for satellite, literally revolves around an image of the Earth. The design also incorporates the border inscription SPUTNIK 50TH ANNIVERSARY 1957-2007.

Most coins are housed in a capsule but in this case the coin is coated with a transparent wear-resistant finish which allows you to orbit the Sputnik around the Earth without contaminating the proof quality of the coin.

The coin is housed in an elliptical-shaped silver display case. The case comes in a blue box shipper with a lid depicting Sputnik and its name in English and Russian. It is issued as legal tender under the authority of the Government of the Cook Islands. The coin's obverse depicts the Raphael Maklouf effigy of Her Majesty Queen Elizabeth II and the monetary denomination surrounding another colored image of the Earth.

Each coin is accompanied by a numbered Certificate of Authenticity and the Perth Mint will release no more than 25,000 ‘orbital’ coins celebrating the 50th Anniversary of Sputnik.

The world’s first pure silver 'Orbital' coin will be a unique coin to add to any coin collectors collection.

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