The Perth Mint’s Lunar Series III is one of the most consistently collected annual silver programs in the world, and the 2026 Year of the Horse edition arrives with a reverse design that stands out even within the series. The 1/2 oz size hits a practical price point for collectors building a complete set and buyers who want sovereign silver without committing to a full ounce. At .9999 fine silver with a 50-cent AUD face value, it carries both purity credentials and government-backed legal tender status.
Key Features:
- Purity and Weight: 1/2 troy oz of .9999 fine silver
- Metal: Silver
- Face Value: 50 cents AUD — Australian legal tender guaranteed by the government
- Obverse Design: Right-facing portrait of King Charles III; inscriptions “CHARLES III,” “AUSTRALIA,” “1/2oz 9999 Ag,” and “50 CENTS”
- Reverse Design: Mare and foal facing each other in motion across a rocky, grass-lined landscape; Chinese character for Horse, “HORSE 2026,” and Perth Mint “P” mintmark
The reverse presents two horses in a dynamic, face-to-face composition — a large mare rearing slightly on the left and a smaller foal approaching from the right, tails flowing and bodies in mid-stride. The interaction between the two figures gives the design a sense of movement and energy that single-animal Lunar reverses often lack. A rocky outcrop and tufts of grass ground the scene at the base. To the upper right, the Chinese character for Horse sits above the inscription “HORSE 2026,” and the Perth Mint’s “P” mintmark appears on the left field.
The obverse carries the official effigy of King Charles III in right-facing profile, with hair and collar detail finely struck. The lower field confirms “1/2oz 9999 Ag” and the “50 CENTS” denomination, with “CHARLES III” and “AUSTRALIA” arcing across the top.
Struck to Brilliant Uncirculated standard by The Perth Mint, the coin features the even, lightly reflective fields and sharp strike relief consistent with the Lunar Series III production quality. The reeded edge is a standard feature across the series. Perth Mint Lunar coins in fractional sizes are produced in limited annual quantities, with the 1/2 oz typically among the lower-mintage options in the range.
.9999 fine silver, a two-horse reverse that distinguishes the 2026 edition within the series, and sovereign Australian legal tender status make this a coin that earns its place in both a bullion stack and a Lunar collection. Add the 2026 1/2 oz Australian Silver Lunar Horse to your cart today.


