China 1991 3 yuan KM-351

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Sincona sale 85, lot 2169

This specimen was lot 2169 in Sincona sale 87 (Zürich, October 2023), where it sold for 120 CHF (about US$162 including buyer's fees). The catalog description[1] noted,

"CHINA, 3 Yuan 1991, Shanghai Mint. Panda. KM 351. Fr-B11. FDC, In Originalverschweissung, Uncirculated, In original capsule."

The Chinese government has, since the mid 1980's, produced a mind boggling array of bullion related collectibles. This NCLT was the first issue of this denomination and the first one gram gold panda, an experiment that was not put into regular production. The other three yuan in the SCWC are silver, mostly quarter ounce (KM 1740, 1742, 1744, 1746, 1748, etc.) but a few half ounce (KM 402, 403, 473, 734, 824, 1035).

Recorded mintage: 110,000.

Specification: 1.00 g, 0.999 fine gold.

Catalog reference: KM 351.

Source:

  • Anthony, Peter, Gold & Silver Panda Coin Buyers Guide, 3rd Ed., Los Angeles, 2017.
  • 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.
  • [1]Richter, Jürg, SINCONA Auction 87, World Coins and Medals, Zürich: SINCONA AG, 2023.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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