China 1987 10 yuan KM-187

Goldberg sale 90, lot 3892

This specimen was lot 3892 in Goldberg sale 90 (Los Angeles, January 2016), where it sold for $364.25. The catalog description^[1] noted, "China. 10 Yuan, 1987. Silver. Panda climbing tree. NGC graded Proof 69 Ultra Cameo." The Chinese government has, since the mid 1980's, produced a mind boggling array of bullion related collectibles. A complete set is thousands of types yet buyers clamor for more. The first silver panda was issued in 1983 and quickly became an annual release. The 1987 issue was the first that weighed a full troy ounce. At the beginning, there was little market in China for these and they were not popular in the United States, so the mintages were low.

Recorded mintage: 31,000.

Specification: 31.1 g, 0.999 fine silver, 1.000 troy oz ASW.

Catalog reference: KM-167 (formerly KM Y133).

Source:

Anthony, Peter, Gold & Silver Panda Coin Buyers Guide, 3rd Ed., Los Angeles, 2017.
Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
^[1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 90: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2016.

Link to:

China 1987 10 yuan KM-187

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