A striking lunar snake, a clever elephant, and Gryphon, a stunning homage to classic Greek numismatics, stand out in CIT’s Spring Launch

We posted a collation of all the videos that CIT produced for their latest Spring Launch earlier today, so if you want a complete overview of what’s been released today, you can head over there. It includes videos of the three ranges below, which we won’t include again to keep the article to a manageable size. Those ranges are my own highlights, so you may feel differently, but we will get to the others starting next week, as we’re swamped at the moment, as you can tell.

The first of the three should be of no surprise to any regular reader. We consider CIT’s ‘Numismatic Icons’ series to be one of the finest modern coin series in production today. The idea behind it is simple enough. Take a classic coin from Greek antiquity, and give it a modest twist, enhancing detail and high-relief, but leaving the base design largely alone.

The Gryphon (Griffin) was a popular subject on coins around the 4th/5th century BCE, primarily in Thrace and Ionia, but also appeared on Roman coins in the 1st century CE. To my very inexperienced eye, it looks like CIT took inspiration from the Thracian style. Whatever the case, it’s another magnificent release, giving us a look at the old design from a modern viewpoint, but taking nothing away from it. The only disappointment is, again, that the obverse doesn’t carry an original design as well, settling for a modern effigy only. That’s such a small complaint, however, given the reverse face is so good.

There are one-ounce silver, and one-ounce gold versions. We usually had to wait for the latter, but CIT now issue them simultaneously. In typical CIT style, there’s also a very neat little half-gram minigold version, sans high-relief, for the obvious reasons, but doing a great job of reproducing it in spirit, right down to the small cicada, and the CI (for Cook Islands). The big coins come in a themed frame, while the minigold is encapsulated. Just outstanding…again.

NUMISMATIC ICONS 05: GRYPHON Gallery

REVERSEOBVERSE
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We gave up on trying to cover all the lunar releases that come out every year, primarily because interest seemed to be waning after the huge numbers of competing designs that were hitting the market around 6–7 years ago caused a bit of burn-out. We do like to cover the more interesting ones, however, and nobody could ever accuse CIT’s dimensional silver releases as being uninteresting.

This outstanding series now adds the 2025 snake to its roster, the seventh to include a dimensional coin, although CIT have been issuing lunars for longer. It’s always been a fine quality range, but the snake, of which I’m one apparently (nonsense, of course), is easily my pick of the issues to date. What a terrific looking coin, covered with texture. We particularly like that it’s only an ounce in weight, making them more affordable. Previous issues have been joined by a gilded version, and we’d expect to see that in the Summer Launch tranche, but to be honest, we’ve always preferred the antiqued one.

As always, the coin is joined by a couple of other releases. There’s a minigold again, carrying the look, but not the shape (there’s only so much you can do with 0.5 grams of metal), and also one of the increasingly rare silver foil ‘banknotes’. Formed in five grams of silver, and sealed in plastic, they’re a great gift idea, especially given the Chinese penchant for giving red envelopes of cash as a gift.

LUNAR COLLECTION: 2025 NIMBLE SNAKE Gallery

Finally, we have a coin that we believe CIT see as the showpiece of this launch, and it’s named ‘Reconstruction’. It depicts an elephant head, which has been horizontally segmented, with the segments alternately slid to the left or right. Those segments extend to a part of the rim, distorting its shape to suit. The background carries an almost tribal-style pattern.

This is a fine example of just how good smartminting has become. To maintain the edge definition of the segments on something with such high-relief, is quite extraordinary. It’s easy to forget making the metal flow into a shape it probably doesn’t want to go in, is one of the most difficult challenges in minting, and that’s exacerbated by high-relief, and sharp changes in that relief. It isn’t our favourite design in this launch range, but as a technical statement, it’s likely the most impressive.

The obverse continues that ethnic patterned theme, with King Charles III in the centre. The coin comes in a themed frame, and the mintage is capped at 999 pieces. We don’t believe this one is set to be a series yet, as CIT like to gauge interest before committing themselves, but the concept has our interest piqued for sure.

RECONSTRUCTION: ELEPHANT

COIN DENOMINATION COMPOSITION DIMENSION FINISH MINTAGE
GRYPHON Ag $5 CID (Cook Islands) 31.1 g of 0.9999 silver ~33 mm Antique 999
GRYPHON Au $250 CID (Cook Islands) 31.1 g of 0.9999 gold ~30 mm Antique 199
GRYPHON MiAu $5 CID (Cook Islands) 0.5 g of 0.9999 gold ~12 mm Silk 5,000
LUNAR SNAKE Ag 1,000 Tögrög (Mongolia) 31.1 g of 0.9999 silver 31 x 27 mm Antique 999
LUNAR SNAKE MiAu 1,000 Tögrög (Mongolia) 0.5 g of 0.9999 gold 11.0 mm Proof 5,000
LUNAR SNAKE Foil 100 Tögrög (Mongolia) 5.0 g of 0.999 silver 150 x 70 mm Prooflike 5,000
ELEPHANT $10 CID (Cook Islands) 62.2 g of 0.999 silver 45.0 mm Proof 999