China 1987 1000 yuan KM-165

Stack's Bowers 2020 NYINC sale, lot 20251

This specimen was lot 20251 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $18,000. The catalog description^[1] noted, "CHINA. 1000 Yuan, 1987. Panda Series. NGC PROOF-65 Ultra Cameo. A massive proof issue, this 12 ounce offering presents exceptionally mirrored fields along with alluring, frosted devices that yield a cameo nature." This denomination was struck in this format 1984-95. It was accompanied by a five ounce gold panda (KM 164) as well as the usual smaller sizes, down to 1/20 ounce.

Recorded mintage: 2,445.

Specification: 373.24 g, 0.999 fine gold, 70 mm diameter.

Catalog reference: Fr-B2; KM-165; PAN-49a.

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.
Anthony, Peter, Gold & Silver Panda Coin Buyers Guide, 3rd Ed., Los Angeles, 2017.
^[1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2019.

Link to:

China 1987 1000 yuan KM-165

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