Tuesday, February 4, 2014

Macau Lunar Coin

Today is the 5th day of the Lunar New Year and I shall introduce a very interesting lunar coin - one that is made in Singapore but not about Singapore. That will be the renowned Macau Lunar Coin.


Since 2008, Singapore Mint has been minting these coins for Macau. One side of the coin depicts the Almanac animal while the reverse side shows one of the twelve UNESCO heritage sites in Macau. This is such an ingenious way to market the country's treasures to the World.

Below is the Ruins of St. Paul's in Macau and this heritage site was featured in the 2013 Snake coin. I was there last year (Not for the gambling though. I didn't even step into the Casino.) and I could tell you frankly that the smell of history was all over the place. The wall, the ground and every part of the building tell you a piece of Macau's rich history. This building was built 20 years after Macau was colonized by Portuguese in 1557.

 
 
 
Last week, there was an article in Sunday Times telling the readers about the type of coins that the investors should invest and Macau Lunar coin was featured in that article. In my modest opinion, I feel that these coins should not be valued by just their market value but also the historical value and message that they carry. Anyway, if you are a new collector of these coins, please take note that the mintage per year used to be 500 for the 5 oz Silver Lunar coin and 6000 for the 1 oz coin. However, the mintage has been suddenly increased to 2000 for the 5 oz coin and 8000 for the 1 oz coin in 2014. This will definitely create an imbalance for collectors who try to collect a complete set of the coins. Nevertheless, I am not too worried about the impact of the increase in the mintage to the general demand of this coin because this is a China coin and 2000 or 8000 mintage for a China coin is still considered very small. Furthermore, this coin has already won a few awards (Vicenza Palladio) since a few years back. So, it is definitely a good catch.
 
 
Rarity: