There are many meanings to this flower; romance and prosperity. The Peony also symbolizes good fortune because of the rounded shapes of the pedals that symbolize money. In other words, the flower represents fortune in romance. People who are celebrating their anniversary are often gifted Peonies. In China the Peony symbolizes nobility and honor, it was planted in front of the imperial palace and only the king was allowed to posses such flowers. Therefore, during that time the flower was considered of very high value. The flower can come in many different colours but the standards are white pink and red.