Maybe I'm just paranoid but I frequent lots of "alternative news" sites (which would probably be a target market)and there is a large segment of those communities which seem to be strongly of the christian persuasion and they may view a red coin with "horns" as related to the "mark of the beast" idea that gets tossed around in those sort of communities.

Like I said maybe I'm just paranoid and no one would see it that way. Honestly I personally think #2 looks way better and more professional but #1 is the super safe option.

I think maybe it being red is probably good among the chinese community as well. Thats indicates good fortune does it not?