Discover how 30,000 Gold Year of the Snake coins sold out over two months before Chinese New Year

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The Chinese New Year was celebrated over the weekend by over a billion people all over the globe – marking the beginning of the Year of the Snake in style.

Within China itself it is estimated that around 200 million people travelled to be with their families for the festivities.

Over recent years the issue of coins has become a significant form of celebrating the New Year – with more and more issues now being released throughout the world, to satisfy the continuing demand from the Far East market.

Some of the most iconic annual issues actually originate from traditional mints such as the Perth Mint and the Royal Canadian Mint.  Indeed, the Perth Mint has already seen huge success with the Year of the Snake – not least with the 1oz Gold Bullion Coin, which sold out of a 30,000 mintage in just 2 months.

Now that the celebrations for the New Year have finally arrived, demand for the new 2013 coins is expected to only increase further. With that in mind, why not take a look at the proof version of the sell-out gold coin from Australia, which Coin Portfolio Management has been able to secure and that unsurprisingly is proving to be extremely popular.


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