Coin Identifier
British Silver Lunar Series
British

British Silver Lunar Series

The Royal Mint's own Chinese zodiac-themed silver bullion series, launched in 2014 as a rival to the long-established Perth Mint Lunar coins.

Country
United Kingdom
Denomination
£2 (1 oz); other denominations for fractional/large sizes
Metal
0.999 fine silver

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Overview

The British Silver Lunar Series, sometimes marketed as the Shengxiao Collection, is the Royal Mint's entry into the popular Chinese zodiac bullion coin category, following the twelve-animal cycle celebrated in Lunar New Year traditions. Struck in .999 fine silver, it is produced primarily in a one-ounce format alongside various fractional and larger sizes in different years.

Launched years after the Perth Mint's original Lunar series, the Royal Mint's version distinguishes itself with its own artistic approach to each zodiac animal while competing directly in the same collector and investor market.

The series has built a strong following, particularly given the Royal Mint's global reputation and the coin's appeal to buyers seeking UK-minted silver with cultural zodiac themes.

History & Background

The Royal Mint introduced its Lunar-themed bullion coin in 2014 with a Year of the Horse design, entering a market segment long dominated by the Perth Mint's Australian Lunar series that had launched back in 1996. The move reflected strong global demand for zodiac-themed bullion, particularly from Asian buyers celebrating Lunar New Year.

Since its debut, the Royal Mint has continued the series annually, working through the full twelve-animal zodiac cycle with updated artwork for each year, and has also released gold versions and special finishes such as proof and colorized editions.

As one of several national mints now offering zodiac bullion coins, the British series has helped diversify the market beyond the original Perth Mint program, giving collectors more options for zodiac-themed collecting and gifting.

How to Identify

The obverse bears the reigning monarch's portrait, transitioning from Queen Elizabeth II's effigy to King Charles III's from coins dated 2023 onward, along with the denomination and year. The reverse depicts that year's zodiac animal in artwork distinct from the Perth Mint's interpretations, along with the animal's name and relevant zodiac symbolism.

Standard one-ounce coins are struck in .999 fine silver with a £2 face value and bear the Royal Mint's mark. Fractional and larger multi-ounce formats have also been issued for various years within the series.

Collectors distinguish this series from the Australian Lunar coins primarily by the issuing country (United Kingdom versus Australia), the different artistic renderings of each animal, and the British monarch's portrait style versus the Perth Mint's corresponding obverse designs.

Value & Collectibility

Value tracks the spot price of silver, with a premium reflecting the coin's design, size, and the specific zodiac animal's popularity. As a newer series compared to the Perth Mint's Lunar coins, early Royal Mint Lunar releases, such as the 2014 Year of the Horse, have drawn particular collector interest.

Proof, colorized, and other special finish editions typically carry higher premiums than standard bullion strikes, and low-mintage years or fractional sizes can also command above-average pricing.

As with all silver bullion, prices move with the broader metals market, and collectors comparing this series to the Perth Mint's Lunar coins should evaluate premiums and mintages separately, as the two series are priced independently.

Frequently asked questions

How is this different from the Perth Mint Lunar series?

It is a separate program from the Royal Mint in the UK, using its own artwork for each zodiac animal, distinct from Australia's longer-running Perth Mint Lunar coins.

When did the British Lunar series start?

In 2014, with a Year of the Horse design.

What purity is the silver?

The coins are struck in .999 fine silver.

Is there a gold version?

Yes, the Royal Mint also produces a gold Lunar series alongside the silver bullion coins.

What sizes are available?

A standard one-ounce coin is most common, with fractional and larger multi-ounce sizes offered for some years.