The Vasilopita coin is a traditional Greek custom associated with the celebration of Saint Basil's Day on January 1st. During this occasion, a special cake called Vasilopita is baked, and a coin is hidden inside. The cake is served to family and friends, and the person who finds the coin is believed to receive good luck and blessings for the year ahead. The practice symbolizes the generosity of Saint Basil, who was known for his charitable acts. The cutting of the Vasilopita is often a festive event, bringing people together to celebrate the New Year while honoring their cultural heritage and traditions.