This coin is the second in the new series, and each year will be restricted to a maximum mintage of 1,000,000 coins.
The reverse design of the new coin features a large image of the funnel-web spider, displaying its sprawled legs and hairy body. The inscriptions include “Australian Funnel-Web Spider”, “2015”, and “1 oz 999 Silver”.
The coin’s obverse bears the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the monetary denomination.
The new 1 oz 99.9% pure silver bullion coins follow last year’s release featuring the Saltwater Crocodile, which sold out of its one million coin mintage within three months. Australia has more than 40 species of Funnel-Web Spiders with several renowned for their highly toxic and fast-acting venom. The most infamous is the aggressive Sydney Funnel-Web, with its fangs said to be longer than that of a brown snake and so powerful that they can pierce a human’s toenail. The venom of the male Sydney Funnel-Web is approximately five-times more painful than that of the female of the species, making it the most likely candidate for at least 13 human deaths prior to the introduction of anti-venom in 1981.
These coins are packed in tubes of 25 coins, so if buying individually we will pack them in our usual 2x2 plastic coin wallets to protect the coin's surface.