Amazing coin issued by the Republic...
This beautiful 2 Oz Silver coin features an incredible Laughing Buddha or Budai, known to be “the enlightened one”. The coin has beautiful floral decorations, has a Gold plated centrepiece, is struck in a striking Smartminting High Relief, has a Proof quality and comes in an elegant case, along with the Certificate of Authenticity. Limited mintage to only 888 pieces worldwide!
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Availability date: 07/10/2017
In 563 or 566 B.C.E., a prince was born to a noble family of the Shakya clan, in a very beautiful park called Lumbini Grove, which lay in the foothills of the Himalayas (in present-day southern Nepal). This beautiful park was not far from the capital city of the Shakya kingdom, Kapilavastu. The prince’s father, King Shuddhodana, named his son Siddhartha. He was a member of the Kshatriya, or royal warrior caste, and his clan lineage, the Gautamas, was ancient and pure. His mother was Mahamaya or Mayadevi, daughter of a powerful Shakya noble, Suprabuddha. Before the conception of Siddhartha, Queen Mahamaya dreamed that a white elephant, extraordinary and utterly beautiful, entered her body. Soon after the birth, soothsayers predicted that the young prince would become either a Chakravartin, a universal monarch, or an “awakened one,” a buddha. So from the very beginning of his birth, he showed signs of perfection. Seeing that what he had achieved was not possible to communicate directly, he remained silent for seven weeks. Buddha gave his first discourse in Deer Park in Benares, which is known as “the first turning of the wheel of dharma.” In this discourse, he taught the four noble truths, the interdependent nature, and the law of karma, at the request of Indra and Brahma. His earlier five ascetic companions became his first disciples and began to form the bhikshu (monastic) sangha. At Vulture Peak Mountain near Rajagriha, Buddha turned the second wheel of dharma, in which he taught the nature of all phenomena as being shunyata or emptiness and anatma or selflessness. There followed a period of many years of teaching at a variety of places, such as Vaishali. The teachings of this period are known as the third turning of the wheel of dharma, in which Buddha taught a variety of subjects, including the notion that all sentient beings possess tathagata-garbha – the basic heart of buddha.
The reverse of the coin depicts a very detailed and finely engraved Golden Laughing Buddha, surrounded by a beautiful and detailed flower pattern. On the bottom of the reverse, the inscriptions: “LAUGHING BUDDHA” – the name of the coin and “2017” – the year of issue. The obverse of the coin depicts the Palau Coat of arms and the inscriptions: “REPUBLIC OF PALAU” – the issue country and “10 Dollars” – the face value.