The decision for what images to place on currency may be nothing more than a subject of simple decoration, but it’s a topic that can quickly become an international issue. The image on the face of a coin is symbolic of the nation’s origin and is a source of national pride. This is why no mint in the world would ever consider placing an image on their coins associated with any other territory – except for lunar coins.
Is China the Best?
Lunar coins have become one of the most widespread traditions in the coin and bullion trade. Australian Gold and Silver Exchange explained that almost every mint in the world releases their own collection every year. Such coins quickly become targets for coin collectors, but what makes these designs so special? Why is it acceptable for mints to release images of Chinese myths, but not of any other territory?
Mints don’t place a higher esteem on Chinese imagery over others because these are a fast rising market. What makes lunar coin collections so different from the rest and the reason for their success is the same reason governments started putting symbolic images on currency in the first place.
Like and Unlike Flags
Currency serves as a symbol, like flags and crests, that people can identify with and point to as part of their allegiances. Fortunately, loyalty and nationality of a person no longer hinge on whose face is on the coins in their purse. Now, having coins that bear foreign imagery is nothing more than decoration for the fancy of collectors, and is no longer a clue that someone’s a spy or a traitor. This means that a person can own a coin just because they can recognise and appreciate the symbology behind the image on a coin.
Everyone knows the myth behind the lunar calendar, and is willing to buy coins with such images year after year. People love having things that express and offer insight into their personalities, which is why lunar coins are so popular.
In the end, the most important thing in coin and bullions is business. If people were willing to buy coins with the image of a stingray every year, everyone would be releasing those coins as well.