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10 Yuan Year of the Ox
| Issuer | People's Bank of China |
|---|---|
| Year | 2021 |
| Type | Log in to see details |
| Value | 10 Yuan (10元, 拾圓) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 中国人民银行 2021 拾圆 SHIYUAN |
| Reverse description | The reverse presents a boldly rendered ox executed in the traditional Chinese paper-cutting (剪纸) artistic style, serving as the central motif in celebration of the Lunar New Year of the Ox. Above the ox, a decorative palace lantern and stylised grain ears are depicted, evoking themes of prosperity and abundance. To the left of the central design, the Chinese cyclical year name '辛丑' (Xin Chou), corresponding to the year 2021 in the traditional Chinese calendar, is inscribed vertically. The overall composition is rich in folk-art symbolism and rendered with intricate linear detail characteristic of Chinese paper-cutting craft. |
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| Additional information |
China's lunar new year coinage has been issued annually since 1981, but the bimetallic base-metal 10 Yuan pieces introduced in the 2000s were explicitly designed for mass circulation rather than the collector-oriented silver and gold issues in the same series. The 2021 Ox year coincided with the first lunar new year celebrated under strict COVID-19 restrictions across mainland China, meaning traditional red envelope gifting shifted heavily toward digital transfers — yet demand for physical lucky-money coins spiked paradoxically, driving these into hoarding almost immediately upon release.