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For Success in the New Year, Ring It in with Coins

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The New Year is the time of year that many of us make resolutions to better ourselves. A lot of those resolutions have to do with money, mainly regarding how to get — and keep — more money. So perhaps it’s no surprise that cultures around the globe ring in the New Year with coins. Whether the coins are baked into a cake, or shaken in a can, people all over the world find fun ways to incorporate coins into their New Year’s celebrations.

Vasilopita (Greece)
In Greece, a very old tradition is to bake coins into a cake known as vasilopita. At midnight on New Year’s Eve, the head of the household slices the cake in a ceremony that is said to bless the house for the coming year. Each person present gets a slice of the cake. Whoever gets the coin hidden inside is said to have luck with money for the rest of the year. The tradition is part of the St. Basil’s Day feast, which takes place on New Year’s Day. People in countries all over Eastern Europe celebrate St. Basil’s Day with vasilopita. Mexico also has virtually the same tradition.

Gifting Coins (Rome/Italy)
Giving gifts was a common way to celebrate the New Year in ancient Rome. Gifts of coins or gold-covered nuts were commonplace. Today in Italy, gift giving is still a favorite New Year’s tradition. Perhaps a throwback to ancient times, gifts that are considered lucky are sweet treats, gold and silver, and, of course, coins!

Black-Eyed Peas, Corn Bread, and Collard Greens (The American South)
This is a fun tradition for those of us who love southern cooking! In parts of the South, on New Year’s Day, the tradition is to cook black-eyed peas, corn bread, and collard greens. The peas represent coins, the corn bread gold, and the collard greens paper money. The meal is intended to summon financial luck for the coming year. Some families even throw a dime into the peas, and whoever gets the coin is said to have good luck for the coming year.

Coins in a Can (Philippines)
Much like in the U.S., people in the Philippines like to cheer on the stroke of midnight on New Year’s Eve with lots of noise. Also like the U.S., some bang pots and pans. Other homemade noisemakers include cans full of coins. Some revelers even opt out of the cans, simply throwing a handful of coins in the air at midnight, and letting them fall where they may. Not only does this help bring in the New Year with a bang, but it’s also said to herald a financially prosperous year to come.

So, coin lovers, incorporate one of these traditions into your New Year’s fun! Not only will you have a unique new tradition, but it may also bring you some luck with money. And everyone could use a little of that!

Bellevue Rare Coins specializes in gold buying and dealing in rare coins. We are a family-owned business located in Bellevue and Lynnwood. We also buy and sell silver, diamonds, currency and jewelry. Visit us for a free evaluation.

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  • Bellevue

    Bellevue

    321 Bellevue Way NE
    Bellevue, WA 98004
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-454-1283
  • Lynnwood

    Lynnwood

    18411 Alderwood Mall Parkway Suite F
    Lynnwood, WA 98037
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-672-2646
  • Issaquah

    Issaquah

    1175 NW Gilman Blvd Suite B16
    Issaquah, WA 98027
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 425-392-0450
  • Tacoma

    Tacoma

    2302 Pacific Ave
    Tacoma, WA 98402
    Hours: Mon-Fri 10 am - 6 pm
    Saturday & Sunday Closed
    Phone: 253-328-4014