The Royal Canadian Mint's lunar series targeting the Chinese-Canadian collector market expanded aggressively in the early 2010s, with the Snake issue arriving in a year when the RCM was simultaneously flooding the market with fine silver commemoratives at a pace that drew collector criticism. Secondary market premiums on these pieces eroded faster than almost any comparable bullion-adjacent program from the same period.
The Royal Canadian Mint's lunar series targeting the Chinese-Canadian collector market expanded aggressively in the early 2010s, with the Snake issue arriving in a year when the RCM was simultaneously flooding the market with fine silver commemoratives at a pace that drew collector criticism. Secondary market premiums on these pieces eroded faster than almost any comparable bullion-adjacent program from the same period.