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This silver coin contains 1.00 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2023 Rwanda Lunar Rabbit 1 oz Silver Coin is $22.98 based on today's silver spot price.
2023 is the Year of the Rabbit in the Chinese Lunar Calendar. In Buddhist lore, the rabbit is part of a group that believed that demonstrating great virtue is the path to earn great rewards.
The rabbit offered its own body by throwing itself into a fire. As a lesson on virtue inspired the sacrifice of the rabbit, the man in the fable draws a likeness of the rabbit on the Moon for all to see.
The myth of the moon rabbit is popular amongst other Asian countries, with many having similar folklore involving other animals.
This coin is the 7th annual release in the Rwandan Lunar Ounce Silver Coin series.
The obverse design of the Lunar Ounce silver coin incorporates the Coat of Arms of Rwanda.
Depending on the tale, the rabbit can be known for symbolizing fear, gentleness, new beginnings, and good luck.
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