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25 Dollars Year of the Dragon

Issuer Monetary Authority of Singapore
Year 2012
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Orientation Medal alignment ↑↑
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Obverse script Latin/Tamil/Chinese
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Reverse description The reverse displays a dynamic depiction of a Chinese dragon in high relief, rendered in traditional style with scaled body coiling across the field. To the right, a rectangular panel is filled with the repeated Chinese character '辰' (Chen, the Dragon cyclical sign) arranged in a grid pattern. The denomination '$25' appears at the upper right, while the Chinese cyclical year designation '壬辰' is inscribed below the central design. The legend '5 TROY OZ 999 FINE SILVER' arcs along the upper rim, indicating the coin's silver content and weight.
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Additional information

Singapore's Lunar Series bullion issues occupy an odd niche — produced by a monetary authority with no particular cultural obligation to the Chinese zodiac calendar, yet marketed almost entirely toward Southeast Asian and diaspora collectors for whom the Dragon year carries considerable weight. The 2012 issue landed in a strong bullion market, with silver spot having peaked above $48 the previous April, making the premium over melt a harder sell than in quieter years.

At 155.52 grams, this is a five-troy-ounce piece — a format that invites comparison to the Perth Mint's Lunar series, which had been running since 1996 and effectively set collector expectations for this class of issue.

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