Friday 5 July 2013

Minted Year Of The Dragon Silver Coin

By Freda Watts


The Australian Perth mint unveiled a new coin in their Chinese lunar series of silvers. The silver bullion one-ounce twenty twelve- year of the dragon silver coin was highly anticipated and is extremely rare. It is thus minted entirely from ninety-nine percent pure silver and each of this type of monetary asset is crafted with careful artisanship and captures the beauty and spirit of the legend in epic detail. The legend that embodied power and nobility in ancient china nowadays it represents happiness and success.

These mints are extremely rare as only three hundred thousand of them were minted. The product of limitation during making duplicates the value factor of each individual vintage. They are further attractive due to a government guarantee of weight and purity and this assures collectors.

The lunar type of series two features the silver legend two-ounce coin as a fifth part of the series. With an image of the scaly, long and snakelike legend on the asset, it also holds the wisdom pearls image on it. The Chinese inscription of the legend character, an inscription on the year of the dragon and a 'P' which represent the Perth mintmark are represented on the asset too.

On these types of ounces face an effigy of her majesty queen Elizabeth the second by Ian Rank-Broadley is represented. The one ounce type of assets is the only limited minted type in the money minted series, the rest have unlimited mintage.

With the Chinese calendar dating back to twenty six hundred B. C, it embodies plenty of mystery and is symbolic. It is a twelve-year calendar and an animal represents each. The rat, ox, tiger, rabbit, dragon, snake, horse, ram, monkey, rooster, dog and pig represent the years. The five key elements represent the year's fire, earth and water, wood and metal. An animal and an element are combined every sixty years. In Chinese tradition, it was believed that a person drew influence from the period in which they were born.

The Chinese believed that the legend was the representation of yang whereas the compliment yin was the fenguang (Chinese phoenix). The Gregorian calendar is still used officially in china but the lunar calendar is still used to determine festivals.

The gold minted money started the original series back in nineteen ninety-six but later in nineteen ninety-nine the silver minted money series was unveiled. The size of the minted coin has increased over time with the legend mints coming in a range of sizes. From the ten-kilogram, one kilogram, ten oz, five oz, one oz and even the half oz.

The period of the legend was seen before back in two thousand and was marked by the unveiling of the first year of the dragon silver coin and ended with the pig coin. On 23 January the year of the legend came again and the legend minting system was unveiled.




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