Macau's lunar gold series occupies an awkward place in numismatic history — the territory had been handed back to China in 1999, and these early post-handover issues were among the first tests of whether the Macau Monetary Authority would maintain its own distinct currency identity under the "one country, two systems" framework. It did, and the pataca survived.
KM#119 is occasionally confused with the Hong Kong Monetary Authority's contemporaneous lunar issues, but the two series share no dies.
Macau's lunar gold series occupies an awkward place in numismatic history — the territory had been handed back to China in 1999, and these early post-handover issues were among the first tests of whether the Macau Monetary Authority would maintain its own distinct currency identity under the "one country, two systems" framework. It did, and the pataca survived.
KM#119 is occasionally confused with the Hong Kong Monetary Authority's contemporaneous lunar issues, but the two series share no dies.