“Year of the Snake” Commemorative Coin Now on the Market

B.Agiimaa@montsame.gov.mn

2025-03-10 10:48:46

Ulaanbaatar, March 10, 2025 /MONTSAME/. The Treasury Department of the Bank of Mongolia has issued the “Year of the Snake” commemorative silver coin, weighing one ounce and made of 999.9 fine silver, in honor of the Wood Snake Year of the 17th cycle, known as “Eldev Erdenet.”

In 2020, the Treasury of the Bank of Mongolia launched a series of 12-year commemorative coins, featuring traditional Mongolian painting techniques, beginning with the “Year of the Rat” silver coin. This was followed by the “Year of the Ox” in 2021, the “Year of the Tiger” in 2022, the “Year of the Rabbit” in 2023, and the “Year of the Dragon” in 2024, all of which were produced and released as one-ounce silver coins.

This series is distinctive for its depiction of the traditional Mongolian zodiac, which features a human-bodied figure with the head of one of the 12 zodiac animals, holding symbolic elements representing each year. Each design is crafted using traditional Mongolian drawing techniques. The “Year of the Snake” commemorative coin specifically portrays the right hand igniting a flame, symbolizing energy and vitality. It has been produced using modern smart-minting and high-relief technologies.

Additionally, the Treasury Department of the Bank of Mongolia continues to offer franchise coins, the “Chinggis Khaan” one-ounce gold coin, as well as gold and silver bars and pelletized silver.