Chinese New Year red envelopes are a traditional gift for children or elderly people during Chinese New Year. In China, the red envelope (money) is called ya sui qian (压岁钱 /yaa sway chyen/), which means 'suppressing Sui [the demon]money'. Those who receive a red envelope are wished another safe and peaceful year. Generally, on Chinese New Red pocket, red packet, red envelope. What is this magical red thing? Regardless what term you use, 红包 (hóng bāo) are great because they contain money. The money in red envelopes is also known as 压岁钱 (yā suì qián), literally meaning “money to anchor the year(s).” It is also known as “lucky money” or “New Year’s money.” Random amounts of money are associated with the white packets handed out at Chinese funerals, which contain odd sums in coins. Avoid this gaffe. If you’re giving money as a couple, give the same amount in each envelope. [See more: 7 Chinese New Year traditions to fill your holiday with joy, luck and prosperity] 8. Today, strings of coins are essentially obsolete, and red envelopes ubiquitous. The importance of hongbao (literally: ‘red bag’) isn’t the cash inside, it’s the envelope itself. In the roughly 65 years since red envelopes came into circulation, their eye-catching designs are a key part of the arresting visual language of Chinese New Year. In 1981, China began minting coins to commemorate the Chinese New Year. The Chinese lunar series consist of gold, silver and platinum coins, in a variety of sizes, denominations and shapes. The reverse of each coin depicts the zodiac animal for the corresponding year of issue, while the obverse features an historical building or other notable One New Year, a child was given eight coins to play with to keep him awake, but he couldn't keep his eyes open and eventually drifted off with the coins on his pillow. Sui appeared, but as he went to touch the child, the coins (actually the Eight Immortals in disguise) produced a powerful light that drove the demon away. Over time, these protective coins evolved into modern red envelopes—filled with money to symbolize protection, luck, and prosperity. The color red plays a crucial role. In Chinese culture, red signifies joy, good fortune, and energy. By presenting money in a red envelope, givers ensure their blessings are carried forward with vibrant positivity. 4. Ensure the lucky money is crisp and new. When giving money ensure it is crisp and new. People across China will spend the weeks preceding Chinese New Year withdrawing crisp notes from the bank. It is considered a sign of disrespect to give old or torn notes. 5. Always start by presenting a gift to the oldest (or most senior) member. In Korea, during the Lunar New Year (Seollal), elders give money to young or unmarried adults after receiving their New Year’s bow (sebae). One legend suggests the Korean tradition originates For Chinese people, Lunar New Year is the Spring Festival, The cash inside is considered lucky money for the upcoming year. Hongbao is generally given by elders to the younger generations Shop from The Perth Mint for coins celebrating Chinese New Year. Buy now 30-day money back guarantee (excludes bullion, loose pink diamonds, in-store purchases) Coins shown: China 2019 Scallop Silver 10 Yuan and Colorized Gold 50 Yuan . One of the rarest modern Chinese coins is the Completion of Lunar Cycle Gold 2000 Yuan, which was struck with 1 kilogram of gold and issued in 1992. The coin gathered together the designs of the first 12 Chinese lunar coins, dating back to the inaugural rooster in 1981. Chinese Coins, 100 Pcs Chinese Feng Shui Coins, I-Ching Coins, Chinese Lunar New Year Good Luck Coins, Fortune Coins, Ancient Coins Chinese Qing Dynasty Time Coin for Health Wealth Success, 5 Styles 5.0 out of 5 stars 84ct Chinese New Year Candy Chocolate Coins Party Favors (84 Pack) - 2025 - Year of the Snake. Chocolate Coin Money Wrapped in Gold Foil, Bulk Hanukkah Season The Lunar Year Of The Dragon Silver Coins The year of the dragon is one of the Zodiac signs in the Chinese lunar calendar, and these silver coins celebrate the year of the dragon. Meaning Of The Dragon In The Chinese Zodiac The dragon holds significant symbolism and meaning in the Chinese zodiac. It represents power, strength, and good fortune. Related reading: “Chinese Good Luck Charms To Bring Good Fortune” –Opens in new tab. Applications of Chinese Lucky Coins in Feng Shui. Chinese lucky coins are often used as a “money cure” in Feng Shui applications, to improve the owner’s money luck or to help them recover from recent bad luck. Golden State Mint is helping to bring in the 2024 Chinese Lunar New Year with our freshly minted .999 Silver 1 oz Year of The Dragon Rounds. This celebration starts on Saturday, February 10th, and ends on February 20th, 2025, and is perfectly commemorated with this freshly minted, meticulously designed round from our Chinese Zodiac collection. 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