Gold Chinese Piggy Bank - Ceramic (2024)

FAQs

What does the gold piggy bank mean in China? ›

This type of bank is very popular in China because it is believed to bring good luck and fortune. The red characters on either side of the pig roughly translates to "bring in wealth and treasure," while its golden color symbolizes prosperity.

It's actually quite easy ...

You just need to get a stiff piece of card about the width of the slot and about 6 inches long, put it into the slot, turn the money box upside down, preferably over a bed or sofa, then gently waggle it with the card in place.

Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter. The Royal Mint has unveiled the world's most expensive piggy bank – an 18-carat gold design that costs a mammoth £100,000.

Household items such as plates and pots were made from an affordable clay called 'pygg'. Therefore, whenever people had a few extra coins, they would simply drop it into their clay jars which they referred to as a 'pygg' bank or pot.

China's central bank purchased gold for its reserves for a 17th straight month in March, extending a buying spree that has helped the precious metal surge to a record. Bullion held by the People's Bank of China rose 0.2% to 72.74 million troy ounces last month, according to official data released Sunday.

It is believed that the popularity of the Western piggy banks originates in Germany, where pigs were revered as symbols of good fortune. The oldest German piggy bank dates to the 13th century and was recovered during construction work in Thuringia.

A piggy bank can help break your goal down into manageable amounts, according to a financial planner writing for USA Today. He says it's a good reminder of the value of saving consistently. When broken down into small daily goals, even a large purchase, trip or other expense seems much more achievable, he says.

They were typically made with a coin slot in the top to encourage saving and discourage theft. They were made cheaply, too, because the only way to get the coins was by literally “breaking the bank”.

Many view them as a symbol of prosperity, wealth and luck, which lends itself well to the reasons the pig is considered a symbol for saving money. No matter what you believe, piggy banks arrived and became popular in the U.S. during the nineteenth century.

One way is to smash it open. Another way is by using kitchen or long stamp collector tweezers and a flashlight. Fill the bank with water and shake - there's a good chance the bills will come to the top if you shake the bank to get the coins to the bottom.

What type of piggy bank is best? ›

On average, piggy banks store anywhere from 100 to 1,500 coins. Some include their actual storage capacities, namely high-tech and other modern designs.

In Europe, in the 15th century, nearly all house wares and other household items made from pottery were made out of orange clay called Pygg Clay. This included the containers made to hold small items such as the coins that workers earned each day.

Religious temples became the earliest banks because they were seen as safe places to store money. Before long, temples got into the business of lending money at interest, much as modern banks do.

In the Middle Ages, people saved money in kitchen jars and dishes made out of an inexpensive orange clay called “pygg.” By the 19th century, potters made pig-shaped containers when asked to make pygg banks, and although it might have been accidental, it has stayed ever since. That's how “pygg” jar became “piggy bank”.

The Chinese gold yuan (also known as golden round, golden yuan, among others) was a legal tender currency of China between August 1948 and 1949. It was a method used by the Republic of China government to accumulate gold from its citizens in preparation to relocate to Taiwan.

a small container, sometimes in the shape of a pig, that is used by children for saving money. Image Source/GettyImages. General and miscellaneous containers.

The Bank of China (BOC; Chinese: 中国银行; pinyin: Zhōngguó Yínháng; Portuguese: Banco da China) is a Chinese majority state-owned commercial bank headquartered in Beijing and the tenth largest bank in the world.

According to mint.com, the Chinese consider a piggy bank a good luck charm. Europeans see a piggy bank as a harbinger of good fortune and wealth. Around the world, many believe a gift of a piggy bank on New Year's Day brings good luck and financial success. Ah, yes, but you have to put something in it.