COIN REVEAL: Scottsdale Mint 2024 Year of the Dragon Gold Coin
Today's coin reveal post features the 2024 Year of of the Dragon .999 Gold Coin struck by Scottsdale Mint.
Image source Unsplash
This coin is very unique in the fact that it was issued three years earlier than the issue date on the coin. Apparently the reason Samoa issued this coin so early is that there is an expectation that the price of Gold will go up very high in the upcoming years.
Image source Unsplash
1. Coin Story
I enjoy collecting lunar coins and one of my all time favourite designs is the lunar dragon. The dragon is the fifth animal in the twelve year lunar cycle.
Image source Unsplash
The dragon is highly renowned in Chinese Culture, it represents power, honour, success and luck which are all great qualities. Dragon design coins are among the coins that I like to sell the least, basically because I am very fond of them. I have sold some dragons coins occasionally, as they always do attract a decent premium, but each time I have completed a sale there is a part of me that regrets it. 😀
2. Coin Packaging
These coins are packaged in a gold case with red velvet inlay. The coin rests in the centre of the case.
The gold case is housed in an ornate red cardboard box with gold text and details. The Scottsdale lion head logo is positioned in the centre of the box.
Image source Apmex
3. Coin Details
a. Mintage
The mintage of this coin is 888. The number 888 is considered to be a very lucky in Chinese Culture.
Image source Apmex
b. Purity
The purity of each of the coins in the series is .999 fine gold.
Image source Apmex
c. Details
| Mint/Brand: | Scottsdale Mint |
|---|---|
| Silver Content: | 1oz |
| Purity: | .999 Fine Gold |
| Denomination: | 88 Tala |
| Year of Issue: | 2024 |
| Edge: | Milled |
Image source Apmex
4. Coin Design
a. Reverse Design
The reverse of the coin depicts a Chinese mystical dragon.
The design includes an inscription 'Year of the Dragon', the date of issue '2024' and the Chinese symbol for dragon.
Image source Apmex
b. Obverse Design
The obverse of the coin portrays the coat of arms of Samoa. The denomination of the coin '88 TALA', the coin weight in troy ounces '1 TROY OUNCE'.
The gold purity of '9999 FINE GOLD', country of issue 'SAMOA' and the year of issue '2024'.
Image source Apmex
Post authored by @strenue
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Wow, you have brought all the information about this coin. admirable
Yes, that is an impressive Gold Dragon Coin. Thanks for showing & sharing, Strenue - @strenue.
IT does seem a bit odd to mint a gold coin a few years ahead of time. That decision alone would make anyone think of this coin as a counterfeit right off the bat, in this case Scottsdale may have to make a convincing sales pitch for buyers to think outside the fancy red and gold box.