China 1979 450 yuan

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Heritage sale 3076, part of lot 32340
China H3076-32340r.jpg

This specimen was part of lot 32340 in Heritage sale 3076 (Long Beach, CA, September 2019), which sold for $10,500. The catalog description[1] noted, "International gold 12-Piece Certified "Year of the Child" Proof Assortment 1974-1982 NGC, ...2) China: People's Republic 450 Yuan 1979 PR69 Cameo; ...5) Ethiopia: Republic 400 Birr EE 1972 (1979) PR68 Ultra Cameo, KM60. AGW 0.4968 oz.; ...7) Mongolia: Republic 750 Tugrik 1980 PR67 Ultra Cameo, KM40. AGW 0.5437 oz.... Not a traditional 'set' as it were, as these represent 12 different issues from 12 different countries; nonetheless they are often collected as a complete series, and as such this run of high-grade Proofs are sure to appeal to those interested in the type. All are superlative specimens with uniform dazzling reflectivity and varied gold coloration. The group is sold with case and accompanying certificates. Total AGW 5.815 oz." This type was accompanied by a silver 35 yuan. This appears to be the only time this denomination was ever used.

Recorded mintage: est. 12,000.

Specification: 17.17 g, 0.900 fine gold, AGW 0.4968 oz.

Catalog reference: Fr-5, KM 9.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3076, featuring the Allen Moretti Swiss Collection and the James Mossman Collection of Canadian Coinage, Dallas, TX: Heritage Auction Galleries, 2019.

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