I am on the lookout for new 2014 Lunar Horse Coin releases and spotted another which is out of the gate and bolting (the first observed in the wild was the 2014 Tokelau 1 Oz Silver Year of the Horse Coin).
The following coin has a very limited mintage of only 500, it's the Niue 2014 $8 Year Of The Horse 5oz Silver Proof and has unique features such as selective gold plating and the coin number minted onto the reeded edge:
|Niue 2014 $8 Year Of The Horse 5oz Silver Proof With Selective Gold Plating|
Here is the product description from Downies:
Downies Coins is proud to announce the release of the 2014 $8 Year of the Horse Gold-Plated 5oz Silver Proof! Capturing the strength, movement and grace of this majestic animal, the reverse is distinguished by a magnificent design of three horses in full-stride, complemented by a distinguished representation of the traditional Chinese character for the word ‘horse’.
According to the Lunar Zodiac tradition, those born in the Year of the Horse are often seen as generous, fun and decisive, with a relaxed attitude, a sharp mind and a penchant for travel.
Measuring a gigantic 65mm in diameter, and struck from a full five troy ounces of .999 fine silver, this official $8 legal tender issue forms a truly magnificent tribute to the upcoming year in the Chinese Lunar Calendar. Selectively gold-plated, to highlight the powerful galloping horse motif, the coin is beautifully presented within a superbly crafted timber case, and is accompanied by a numbered Certificate of Authenticity confirming the extremely exclusive nature of this memorable release. The worldwide mintage is strictly limited to a mere 500, which, once the quality of the strike and the strong lunar theme are taken into account, means that this coin is set to be a galloping success!
The coin was commissioned by Downies. They may continue minting further coins with the same specifications in the future turning it into a series (presumably if the demand is high enough for this coin). I have confirmed with Downies that the coin was struck by PAMP (not New Zealand Mint as I first suspected).
A nice coin design and I like the idea of the coins mintage number being struck on the edge, but I think the high initial price will restrict growth in value (over and above issue price), so perhaps a piece best bought by coin collectors (rather than those buying for short term price speculation).