2023 P 1 oz Silver Australian Lunar Year of the Rabbit Coin - MS70
2023 P 1 oz Silver Australian Lunar Year of the Rabbit Coin - MS70
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In this review of the 2023 P 1 oz Silver Australian Lunar Series III Year of the Rabbit Coin, the bottom line is simple: collectors seeking a pristine modern bullion coin with recognized third-party grading will appreciate this offering. The review focuses on the coin's certified condition and presentation; you receive a single 1 troy ounce silver coin graded MS70 and designated First Releases by NGC, which is the single biggest reason to consider buying. The stock photo represents the quality to expect and the coin's dimensions give it a substantive presence in hand.
Key Features
- Certified MS70: Delivered graded MS70 by NGC, this guarantees a flawless mint-state surface for collectors who value perfect condition.
- First Releases label: The First Releases designation adds provenance and appeal for buyers who prioritize early-strike examples.
- Pure silver content: Contains 1 troy ounce of silver, making it straightforward to value for both collectors and investors.
- Substantial size: With a diameter of 40.6 mm and thickness of 3.2 mm, the coin has a pleasing heft and display presence.
- Single-coin format: Sold individually, which suits buyers wanting to obtain a single certified specimen without bulk purchase.
- Representative image: The stock photo is indicative of quality so buyers know the expected level of strike and finish.
Who It's For
This coin is aimed at collectors of modern Australian Lunar issues, investors who prefer physically certified silver, and anyone building a collection around pristine, graded examples. The MS70 grade and First Releases label will particularly appeal to those who collect by grade or chase early-release designations.
Buyers who prefer raw, ungraded silver rounds for lower premium or those who want bulk bullion for stacking should look elsewhere, as this listing focuses on a single certified collectible rather than low-cost silver by weight.
Pros & Cons
Pros
- Flawless MS70 grade offers assured condition for long-term collectors.
- First Releases designation provides additional collectibility and provenance.
- Clear metal content of 1 troy ounce makes valuation and comparison simple.
- Generous physical dimensions give it a strong display presence.
Cons
- Sold as a single coin, so the per-ounce premium is higher than bulk silver options.
- Image is a stock photo; the actual slab appearance can vary slightly from the pictured example.
Specifications
| Product | 2023 P 1 oz Silver Australian Lunar Series III Year of the Rabbit Coin |
| Grade | NGC MS70 |
| Label | First Releases |
| Metal Content | 1 Troy Ounce |
| Diameter | 40.6 mm |
| Thickness | 3.2 mm |
| Quantity | Single Coin |
Our Verdict
The 2023 P 1 oz Silver Lunar Year of the Rabbit coin is a solid choice for collectors who prioritize condition and provenance; the combination of NGC MS70 grading and First Releases designation justifies the premium over raw bullion for those focused on graded pieces. It represents good value as a single, display-ready collectible but is not intended for cost-conscious stacking.
Frequently Asked Questions
Is this coin graded?
Yes, each purchase is a single coin graded NGC MS70 and carries the First Releases label.
How much silver is in the coin?
The coin contains 1 troy ounce of silver, which is the stated metal content.
Will I receive the coin pictured?
The listing uses a stock photo that is indicative of quality; the actual slab may differ slightly in appearance but will match the certified grade.
Editor's Take
The 2023 P 1 oz Silver Lunar Year of the Rabbit coin is an excellent pick for collectors who value pristine condition and provenance; NGC MS70 grading plus First Releases makes it a worthwhile collectible despite a higher per-ounce premium.

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