Semi-Numismatic Coin

A semi-numismatic coin is a bullion coin that, while minted in large quantities and primarily valued for its metal content, also possesses collector appeal or aesthetic/historical value. These coins typically retain their legal tender status but may appreciate beyond the spot price of the underlying metal due to factors like limited mintage, attractive design, or growing collector interest.

A prime example of a semi-numismatic coin is the Lunar Series issued by the Perth Mint. These coins combine the characteristics of bullion investments (high purity, weight-based pricing) with the design and series continuity valued by collectors. Over time, certain issues within such series may command higher premiums, especially if sold out or in high demand.

Semi-numismatic coins represent a middle ground between pure investment bullion and traditional numismatic coins. They are especially popular among private investors who seek value retention through metal content along with the potential for numismatic appreciation.