Coins Proclaim Year of the Tiger
By Kerry Rodgers
It’s that time of the year again, the lunar new year, in fact. On Feb. 14 of solar year 2010 the new lunar year will dawn. It is a Year of the Tiger, the third aspect of the 12-year lunar cycle. For those who really need to know, it is the 27th year of the 79th 60-year zodiacal lunar cycle. And, if you insist on getting picky, it is a metal tiger or G?ngyín year.
Over the last couple of decades collecting lunar zodiacal coin issues has become a major sub-field of numismatics, and the world’s mints have had no intention of upsetting the punters this time around. Issues galore have been appearing over the past eight months.
Of course, for the Chinese the main significance of the coins is in giving – and receiving – them as gifts known as lai see, particularly the giving by adults to children.
The dosh commonly arrives in red envelopes that symbolize good fortune. Ideally the total amount of lai see cash involves numerous auspicious eights, and today smart mints package their lunar coins in red and/or involve “8” in one way or another, often either in the presentation or in the coin mintages.
The amount of money tells a recipient the depth of the donor’s feelings. Of course, these days folding money is the sole acceptable currency for teens. However, I am assured that a $10 coin will cut the mustard among most junior relatives, and I would except that any of the gold or silver coins described here would prove a most suitable lai see gift for those with a Tiger in their life.
This time around, the happy coincidence of the Lunar New Year with the Western world’s Valentine should represent a substantial money-saving bonus for some of us.
The Tigers Among Us
The Tiger got the bronze medal in the Great Race organized by the August Personage of Jade to determine the order of the lunar zodiac. He arrived at the finish line exhausted, panting out his pardons. He had found it difficult to cross the heavenly river. Strong currents kept pushing him downstream. It was only the power of his muscles that enabled him to reach the furthest shore in time for him to take his place as the third animal of the zodiacal cycle – after the Rat and the Ox.
The Tiger has come to be revered in many Asian societies. He is regarded as a mythical god-like being, a symbol of power and good fortune who protects people from evil, especially little children. His approximate Western counterpart is Aquarius.
The Tigers of our world score high in the popularity stakes. They are lively and engaging people. On their good days they come across as powerful, passionate and stimulating. They are intelligent, thoughtful, alert and farsighted, with a strong sense of their own dignity. They have little value for power or money. Those close to them find them sincere, affectionate and sensitive, being both generous and displaying great sympathy.
In general they are totally open and honest about their feelings, but they also expect the same from you. Then again, Tigers can be somewhat unpredictable. Never try and second-guess a Tiger. They may appear laid back but can strike without warning – and their claws are sharp.
They are naturally suspicious and, at worst, can be extremely short-tempered. Far too often they come into conflict with their elders or authority figures. The upshot is that they can appear intolerant, stubborn, aggressive, impulsive, rebellious and selfish.
Despite these shortcomings, Tigers are natural leaders, capable of inspiring great respect. They have their fingers on the pulse and are good strategists. Yet part of the package is a pig-headedness that can make them difficult if inspirational bosses. Beware their hidden agendas. Oddly, Tigers have trouble making decisions. Too, too often they rush off half-cocked with some ill-conceived notion or make the appropriate choice far too late.
Importantly, Tigers are incorrigibly competitors. They cannot pass up a challenge. They display courage to the point of recklessness but can afford the luxury of doing so, having been born lucky. As such, whatever the outcome, their natural good fortune ensures they land on their feet ready to pursue life with energy. In particular, expect Metal Tigers to stand out in a crowd.
New Zealand Mint’s Charismatic Cats
The newest member of the lunar coin club, New Zealand Mint, beat all other contenders when it released details of its first lunar issue in July of solar year 2009.
Following on from last year’s highly successful Year of the Ox coin, the New Zealand Mint has produced a matching Year of the Tiger 40 mm, 1-ounce, .999 fine silver $2 for Niue. Mintage is just 20,000 with an issue date of November 2009.
The reverse design shows a selectively-gilded, traditional tiger scaling a hill, signifying the animal’s readiness to scale the heights in its on-going quest for personal improvement. The evergreen pine trees around the hill’s summit invoke longevity.
The Tiger coin comes in an identical packaging to last year: a Lucky Blessings Gold Ingot that resembles a traditional boat-shaped gold sycee, a symbol of prosperity. The Chinese characters at top, front and back offer felicitations for success, longevity and happiness. In short, “Live long and prosper.” The auspicious peonies denote wealth, distinction, happiness and peace; a pair of magpies conveys joy and good fortune.
And the mint has produced its third lunar silver $2 for Pitcairn Islands. Mintage details are the same as for Niue except the coin’s diameter is 40.7 mm. The colorized reverse design shows a proud adult tiger prowling the alpine snows – which is just a tad incongruous given Pitcairn’s subtropical clime.
If your local dealer cannot supply either coin, try www.nzmint.com.
Perth’s Purrfection
Perth Mint may not have been first cab off the rank in the lunar coin game this year, but once again this mint has produced a vast array of lunar coins, with its first issues in the third part of its Lunar Series II released last August. Along with proof and common-or-garden bullion issues, there are several of those extra-special items.
Check out Perth’s Web site for details: www.perthmint.com.au. If your local dealer can’t supply, that is the place to buy.
Proofs: The reverse of the .9999 fine gold proofs all show a magnificent tiger’s head full frontal, its eyes focused on something just above the viewer’s left shoulder. The image is accompanied by the Chinese character for tiger, the inscription “Year of the Tiger” and the Perth Mint’s “P” mintmark.
The coins include 3,000 1-ounce ($100), 5,000 1/4-ounce ($25) and 5,000 1/10-ounce ($15) coins plus 3,000 three-coin sets containing one of each denomination housed in a oval timber and metal presentation case. The diameters and thickness of the three coins are: $100, 38.80 mm and 2.50 mm; $25, 22.60 mm and 2.20 mm; and $15, 18.60 mm and 2.00 mm.
The reverse of the .999 fine silver frosted proofs depicts a tiger in repose, perhaps contemplating a recent satisfying meal or lazily eyeing a prospective fatted calf, along with the Chinese character for tiger and Perth’s mintmark.
These silver coins come as 5,000 1-ounce ($1) and 500 1-kilo ($30) coins. In addition 2-ounce ($2) and 1/2-ounce (50 cents) proofs are available solely within 1,000 three-coin sets that include the 1-ounce ($1) proof. The diameters and thickness of the four coins are: $30, 100.60 mm and 14.60 mm; $2, 55.60 mm and 3.60 mm; the $1, 45.60 mm and 2.60 mm; and 50 cents, 36.60 mm and 2.30 mm.
Lunar bullion: Perth’s .9999 fine gold YoT bullion is the 15th such lunar issue with coin denominations similar to earlier years: 1/20 ounce ($5), 1/10 ounce ($15), 1/4 ounce ($25), 1/2 ounce ($50), 1 ounce ($100), 2 ounce ($200), 10 ounce ($1,000), and 1 kilo ($3,000). This year the 10 kilo ($30,000) has returned. The design is as for the gold proofs, showing a tiger full frontal.
No mintage limits exist for the $3,000, $1,000, $200, $50, $25, $15 and $5 gold bullion coins but production will close at the end of 2010. In the case of the $100, mintage is limited to 30,000 and production will cease when the mintage is fully sold or at the end of the series, whichever comes first. A maximum of 100 $30,000 coins will be produced on a made-to-order basis.
For the .999 fine silver bullion it is the 12th year of issue. The reverse design is that of the tiger-in-repose. Issues are identical to last year: 1/2 ounce ($0.50), 1 ounce ($1), 2 ounce ($2), 5 ounce ($8), 10 ounce ($10), 1/2 kilo ($15), 1 kilo ($30) and 10 kilo ($300).
Mintage limits are similar to last year’s Year of the Ox issues. No mintage limit applies to the $30, $15, $10, $8, $2 and 50-cent coins. With the exception of the $30, production of these coins will close at the end of 2010. Production of the 1 kilo coin will cease at the end of the series. In the case of the $1 coin, a maximum of 300,000 will be struck with production ceasing when that mintage is fully sold or at the end of the series, whichever comes first. A maximum of 500 $300 coins will be produced on a made-to-order basis.
Perth’s transmogrifications: As in past years, the $1 (1-ounce) .999 fine silver coin comes in Perth’s popular colored and gilded versions.
The tiger-in-recline come gilded in 24 karat with 50,000 of these coins struck in specimen BU quality. A colored version has a mintage of 170,000 with just 3,800 available in Australia, as was the case in the past two years.
All four proof, gilded, colored and bullion versions of the tiger-in-recline are available as a single packaged set. Mintage is 1,500 sets.
And this year’s colorized $30 1-kilo .999 fine silver gemstone issue comes complete with a golden topaz for the tiger’s eye.
The obverse of all of Perth’s coins shows the Ian Rank-Broadley effigy of Queen Elizabeth II, the 2010 solar year-date, the monetary denomination and, where appropriate, the weight, composition and fineness of the precious metal.
RAM’s Terrific Tortoiseshells
For the Royal Australian Mint the Year of the Tiger brings the fourth issue of their regular lunar series designed by Vladimir Gottwald. However, unlike the last three issues, this year there are just two coins: a 17.53 mm, 1/10-ounce .9999 fine gold $10 proof with a mintage of 2,500; and a 25.00 mm, 9.00 g BU aluminum-bronze with an unlimited mintage. No lunar silver proof in this series will be available in solar year 2010. If your local dealer cannot supply, these coins can be sourced from the mint’s Web site: www.ramint.gov.au.
In addition, it is the RAM’s second year for its second lunar series struck specifically for the Asian market and designed by Shang Erji. Last year’s Ox coins proved a great success and are matched by corresponding proof Tiger issues. These include a 40 mm, 1-ounce .999 fine silver dollar with a mintage of 30,000, a 17.53 mm, 1/10-ounce .9999 fine gold $10 with a mintage of 10,000, and a similar 30 mm, 1/2-ounce gold $25 with a mintage of 3,800. The silver dollar can be bought on its own or paired in sets with either of the gold coins. The gold $10 and $25 come solely in the sets.
At the time of writing, supplies of these coins in Australia were available from Downies at www.downies.com.
China’s Marvelous Moggies
The People’s Bank of China released 15 different .999 fine gold and .999 fine silver coins in October to celebrate the upcoming G?ngyín year. These come in a variety of shapes and sizes. All are legal tender of the People’s Republic of China.
The reverse of 11 of the coins shows a crouching tiger backed by tiger mask along with the face value and “G?ngyín” in Chinese characters. Nine of the obverses show the national emblem of the PRC either enclosed in a wreath of lotus and fish or flanked by lotus and fish to denote the upcoming year as one of abundance.
Four of these coins are conventional circular proofs: a 40 mm, 1-ounce silver ¥10 with a mintage of 100,000; a 100 mm, 1-kilo silver ¥300 (mintage 3800); an 18 mm, 1/10-ounce gold ¥50 (mintage 80,000); a 180 mm, 10-kilo gold ¥100,000 whose mintage is just 18 pieces.
Three are plum-blossom-shaped proofs: a 40 mm, 1-ounce silver ¥10 with a 60,000 mintage; a 27 mm, 1/2-ounce gold ¥200 (mintage 8,000); a 100 mm, 1-kilo gold ¥10,000 (mintage 118). Spring blossom is a potent symbol of the New Year. In general it signifies good fortune, but traditionalists consider the blooming of a seemingly dead branch as symbolizing hope. For those looking for love, plum blossoms are where it’s at.
Two coins are rectangular: a 80 by 50 mm, 5-ounce silver ¥50 (mintage 1,888) and a 64 by 40 mm, 5-ounce gold ¥200 (mintage 118).
Two BU strikes are fan-shaped: a 1-ounce silver ¥10 (mintage 66,000) and a 1/2-ounce gold ¥200 (mintage 6,600). Their reverses show the crouching tiger but their common obverse depicts the Drum Tower in Jiuquan, Gansu Province. In China fans represent prosperity and good fortune.
Four selectively colored coins have a reverse showing a traditional Chinese folk tiger design prancing in a field of auspicious peonies, along with the face value and the words G?ngyín in Chinese: a 40 mm, 1-ounce silver ¥10 (mintage 100,000); a 70 mm, 5-ounce silver ¥50 (mintage 8,800); an 18 mm, 1/10-ounce gold ¥50 (mintage 30,000); a 60 mm, 5-ounce gold ¥2,000 (mintage 1,500). The obverses of these coins are same as the round proofs.
Canada’s 'Kaptivating' Kitties
As in previous years, the Royal Canadian Mint launched its YoT coins in October and November. Last year was the 12th and last of the $15 bimetallic lunar series designed by Harvey Chan. This year the mint has inaugurated a new Lunar Lotus series, the work of Three Degrees Creative Group. The $15 .925 silver coin has a distinctive eight-fold scallops reminiscent of a lotus flower. On the reverse a restless tiger lashes its tail as it prowls through a bamboo grove. The plain-edged coin has a diameter of 38 mm and weighs in at 26.29 grams. As with Harvey Chan’s bimetallic lunar issues, the mintage is an auspicious 48,888.
Meanwhile, Harvey’s $150 18 karat (0.750 gold, 0.250 silver) extremely popular holographic lunar series continues on its most colorful way. As with the earlier nine coins in this series, the diameter is 28 mm and its weight 11.84 grams. Mintage is 4,888. The overall quality and colorfulness of this issue makes it an ideal Lunar New Year gift.
Both coins feature RCM’s distinctive, uncrowned effigy of Queen Elizabeth II by Susanna Blunt. Prospective purchasers can try www.mint.ca if their friendly neighborhood dealer proves unable to supply.
Singapore’s Fabulous Felines
This will be the 29th year Singapore Mint has issued its lunar coins. The first series ran from 1981 through 1992 and featured realistic representations of the 12 lunar animals. The second series from 1993 to 2004 depicted the animals as traditional Chinese cut-paper effigies.
Since 2005 the designs for the third series by Xu Yunfei of the Shanghai Mint has drawn its inspiration from traditional Chinese calligraphy. His Year of the Tiger coins were released on Nov. 21, 2009. The coins themselves are available from www.mint.com.sg or with a bit of tiger luck, from your favorite coin dealer.
As in recent years, three 0.9999 fine gold proof coins are available: $5 (1/4-ounce, 21.96 mm, mintage 2,000), $100 (1-ounce, 33.00 mm, 2,000) and $200 (5-ounce, 60 mm, 200).
In addition a tiny, 7 mm, 0.3 gram $1 gold coin comes mounted on a gold-colored card featuring a tiger family portrait. Singapore Mint claims this to be the smallest 0.9999 fine gold coin in the world. With a mintage of 3,000, it makes an ideal lai see gift for a junior relative.
The massive 5-ounce 0.999 fine $25 silver coin is the largest coin issued by Singapore Mint. The diameter is 65 mm and mintage of just 250 pieces. It is complemented by a small 20-gram $2 silver coin with a 6,000 mintage. But the prize of the silver collection is the 2-ounce, 45 mm, .999 fine silver $10 piedfort on which the tiger burns bright in full glorious color. Mintage is 20,000.
For those not into precious metals, as in past years a cupronickel proof-like, 38.70 mm $2 is available with an 80,000 mintage.
Once again these coins are available singly or in sets. The three-in-one set contains the $100 gold, the colored $10 silver piedfort and the $2 cupronickel coin, as well as an additional eight-sided, floral-shaped ingot featuring a tiger family taking their ease. The painting is the work of tiger artist Mr. Tan Seng Yong. Only 500 of these sets are available.
This year there is also a two-in-one set that contains the colored $10 silver piedfort, the $2 cupronickel coin and the eight-sided, floral-shaped tiger family ingot. Three-thousand sets have been produced.
And the regular circulating coin sets of the Singapore Mint for 2010 are available in bright red tiger-embellished packs accompanied by an auspicious Chinese New Year blessing. The obverse of all coins bears the Singapore Arms and 2010 solar date.
Once again the Singapore Mint has struck the lunar commemoratives for the Monetary Authority of Macau, as has occurred in the Year of the Rat and Year of the Ox. In keeping with these earlier issues, the designs blend of Western and Eastern cultures as happens in the melting pot of Macau itself.
The obverse of each 2010 coin features a stylish tiger crouching amidst pine trees depicted in brilliant red and green and symbolizing longevity. On the reverse is the Mandarin’s House built in 1881. A World Heritage Site, this was the home of the distinguished scholar Zheng Guanying, whose writings on economics influenced both Mao Tse Tung and Sun Yat Sen.
Mintages, denominations and metals are as for last year’s issue: 21.96 mm, 1/4-ounce (7.776 grams) .9999 fine gold colorized proof 250 patacas with a mintage of 3,000; a 65.0 mm 5-ounce (155.52 grams) .999 fine colorized silver proof 100 patacas with a mintage of just 500; and a 40.70 mm, 1-ounce (31.10 grams) .9999 fine silver colorized proof 20 patacas with a mintage of 6,000.
The coins along with those from Year of the Ox and Year of the Rat are available from www.mint.com.sg.
But There’s More!
Regrettably, back in November 2009 Mongolia’s designs were unknown but, as in recent years, The Big Cat will likely stalk this country’s second lunar cycle series on its 500, 1,000, and massive 2,500 tugrik silver issues, as well as the 10,000 and 50,000 tugrik gold coins.
Nor had anything come in from Monnaie de Paris, who became a fully paid-up member of the lunar coin club in 2007. If the last three years are anything to go by, it can be assumed they will be issuing their silver 1/4-euro and gold 10-euro lunar coins with their distinctive, if somewhat unusual, bicultural designs: the obverse with Jean de La Fontaine, the 17th century French fabulist, and all 12 lunar zodiacal animals; the reverse bearing a tawny cat.
And I am sure there are others out there. Kung hei fat choi!