Monday, February 6, 2012

Perth Mint 2013 Year of the Snake Lunar Coins


Mock up design: 2013 Year of the Snake Silver Lunar Coin
The release of the Perth Mint Lunar Snake coins are still a while off yet (probably September this year) and the release of the design not likely until only a couple of weeks prior (above image is a mockup I created for the article). There are some clues to the design in the ComLaw submissions that the Perth Mint has to submit for all legal tender coins (commentary continues below this extensive list):
SILVER YEAR OF THE SNAKE – HIGH RELIEF
The design for this 2013 Australian Lunar Year of the Snake (1oz) silver coin consists of a representation of a snake entwined on a branch, surrounded by a pattern of lines. The coin includes the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

GOLD YEAR OF THE SNAKE - PROOF
The design for the 2013 Australian Lunar Year of the Snake (1oz, 1/4oz and 1/10oz) gold proof coins consists of a representation of a snake resting on grass with bamboo at its side, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

GOLD YEAR OF THE SNAKE - BULLION
The design for the 2013 Australian Lunar Year of the Snake (10kg, 1kg, 10oz, 2oz, 1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz) gold bullion coins consists of a representation of a snake resting on grass with bamboo at its side, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

GOLD YEAR OF THE SNAKE - PROOF COLOURED
The design for the 2013 Australian Lunar Year of the Snake (1oz, 1/4oz, and 1/10oz) gold proof coloured coins consists of a representation of a coloured snake resting on grass with bamboo at its side, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

GOLD YEAR OF THE SNAKE - BULLION COLOURED
The design for the 2013 Australian Lunar Year of the Snake (1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz) gold bullion coloured coins consists of a representation of a coloured snake resting on grass with bamboo at its side, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - PROOF
The design for the 2013 Australian Lunar Year of the Snake (1kg, 2oz, 1oz and 1/2oz) silver proof coins consists of a representation of a snake entwined on a branch, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - BULLION
The design for the 2013 Australian Lunar Year of the Snake (10kg, 1kg, 10oz, 5oz, 2oz, 1oz and 1/2oz) silver bullion coins consists of a representation of a snake entwined on a branch, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - PROOF COLOURED
The design for the 2013 Australian Lunar Year of the Snake (1kg, 1oz and 1/2oz) silver proof coloured coins consists of a representation of a coloured snake entwined on a branch, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - BULLION COLOURED
The design for the 2013 Australian Lunar Year of the Snake (1kg, 10oz, 5oz, 2oz, 1oz and 1/2oz) silver bullion coloured coins consists of a representation of a coloured snake entwined on a branch, surrounded by a pattern of lines. The coins include the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - GILDED
The design for this 2013 Australian Lunar Year of the Snake (1oz) silver gilded coin consists of a representation of a gilded snake entwined on a branch, surrounded by a pattern of lines. The coin includes the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

SILVER YEAR OF THE SNAKE - GEM EYE
The design for this 2013 Australian Lunar Year of the Snake (1kg) silver coloured coin consists of a representation of a coloured snake with a gemstone inset into its eye, entwined on a branch, surrounded by a pattern of lines. The coin includes the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.

2013 LUNAR SNAKE - PRIVY MARK ISSUE
The design for this 2013 Australian Lunar Year of the Snake coin consists of a representation of a snake entwined on a branch, surrounded by a pattern of lines. The coin includes the inscriptions ‘Year of the Snake’ along with the Pinyin pictograph pronounced ‘shé’ and meaning ‘snake’.
So the Silver Lunar Snake will be entwined on a branch, surrounded by a pattern of lines and the Gold Lunar Snake will see it resting on grass with bamboo at its side, surrounded by a pattern of lines.

The mention in the Silver design of a snake entwined on a branch makes me wonder whether the Perth Mint will perhaps resort to rehashing or taking cues from the Series 1 release of the Gold Lunar Snake coin (as they did with the 2012 Silver Lunar Dragon, simple reversing the picture used in the Silver Lunar Dragon from 2000).
Perth Mint 2001 1 Ounce Gold Lunar Snake
It's good to see we will have a high relief version of the coin return, following on from the news I posted the other day that a high relief Lunar Dragon is on the way next month.

The privy mark issue is also a new addition (looks like the Lunar Dragon is also to get this treatment before the year is over), it's a shame that these coin types (especially the high relief) weren't released from the start of Series 2.

When released later this year the Perth Mint Lunar Snake coins are likely to be highly sought after. For the reasons I outlined in June last year in advance of the Lunar Dragon release, they:

- Have a low mintage
- Sport an aesthetically pleasing design
- Are housed in individual capsules
- Have a quality finish
- Are produced by world renowned Perth Mint
- Come with legal tender status
- Priced as bullion coins on release 
I don't know that they will be quite as popular as the Dragons, but I won't rule anything out as I believe the number of retail investors looking to buy popular, well recognised series and brands over more readily available low premium Silver bars will increase as the bull market in Silver continues.

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3 comments:

Hi, this is a great site! You have very interesting information. Your rendition looks a lot like the China 2001 10 Yuan Flower-shaped (Scallop) Lunar silver snake! I am sure the perth mint will do a good job with this coin.

Good catch, you are right that's the coin this snake image came from :)

Fingers crossed Perth Mint does a good job with their official design!

Well your rendition is very nicely done. I would definitely buy a coin that looked like that. Keep up the good work on this informative blog. I am a fan.

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