Half an Ounce of Silver for the Year of the Goat
This is a 1/2 troy ounce silver coin, .9999 fine, from the Perth Mint, the 2027 Year of the Goat issue in its Lunar Series III. It is legal tender in Australia at 50 cents, and the goat reverse runs for this one year before the series moves to the monkey.
Three Goats Bring Bliss
The reverse, by Natasha Muhl, shows a mature goat, a younger goat and a kid grazing among rocks, with a plum blossom tree at the right and hills behind. The Perth Mint ties the scene to the phrase “Three Goats Bring Bliss,” an image of winter ending and spring beginning. The Chinese character for goat sits above GOAT 2027, with the P mintmark at the left. The obverse is Dan Thorne’s portrait of King Charles III, ringed by CHARLES III, AUSTRALIA, 1/2 oz 9999 Ag and 50 CENTS.
What a Fractional Coin Costs
Say it straight: a half ounce costs more per ounce than a one ounce coin. Dies, striking and handling cost the Perth Mint nearly the same for a small coin as a large one, and that lands on half the silver. A lunar design adds a little more over a plain bullion coin. Whether that design premium holds later depends on the year and the animal.
About the Mintage
The 1/2 oz Goat has no mintage limit. The Perth Mint stops production at the end of 2027 and then publishes the final number, so the count is set after the fact rather than capped up front. The capped size in this release is the 1 oz, limited to 300,000, which is the one the Mint markets as scarce. Buy the 1/2 oz for the design and the silver, not for a low mintage.
Specifications
The coin is 1/2 troy ounce of .9999 fine silver, 32.6 mm across and 2.9 mm thick, with a reeded edge and a 50 cent Australian face value, struck Brilliant Uncirculated by the Perth Mint for 2027. The reverse carries a micro-engraved letter as a security feature, readable only under magnification. See the Specifications tab for packaging and the full detail.
Lunar Goat Coin FAQ
Why does a 1/2 oz coin cost more per ounce than a 1 oz?
Because striking a small coin costs nearly as much as striking a large one. The fixed costs of dies, press time and handling barely move with size, so on a half-ounce coin they are carried by half the silver. Every fractional coin works this way.
Is there a mintage limit on this coin?
No. The 1/2 oz is unlimited. Production runs through the end of 2027, then the Perth Mint declares the final mintage. The 1 oz Goat is the capped size, at 300,000.
What do the three goats mean?
They stand for the phrase “Three Goats Bring Bliss,” which marks the turn from winter to spring and the idea of renewal and a fresh start. The plum blossom tree in the design carries a similar meaning of resilience and hope.
What is the security feature?
A micro-engraved letter worked into the reverse design. It is too small to see without a magnifying glass, and it makes the coin harder to counterfeit. The Perth Mint puts one on every Lunar Series III coin.
Is this coin IRA eligible?
Yes. At .9999 fine and struck by a sovereign mint, it meets the silver standard for a precious metals IRA, and a custodian can hold it alongside Silver Maples and Kangaroos.
Collecting the lunar cycle or buying Perth silver generally? The rest of our covers the other years, animals and sizes.
Take home the Year of the Goat in silver. Add the 2027 1/2 oz Silver Lunar Goat to your cart.






