China 2012 10 yuan Liaoning

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Stack's Bowers April 2021 Hong Kong sale, lot 54152
SB421-54152r.jpg

This specimen was lot 54152 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $180. The catalog description[1] noted, "CHINA. 10 Yuan, 2012. First Aircraft Carrier Series. NGC PROOF-69 Ultra Cameo. Liaoning Aircraft Carrier. A brilliant Proof with hard mirrored fields and frosted cameo devices. Includes certificate of authenticity #44160." Wikipedia notes,

"Liaoning (16; Chinese: 辽宁舰; pinyin: Liáoníng Jiàn) is a Chinese Type 001 aircraft carrier. The first aircraft carrier commissioned into the People's Liberation Army Navy Surface Force, she was originally classified as a training ship, intended to allow the Navy to experiment, train and gain familiarity with aircraft carrier operations. Following upgrades and additional training in late 2018, Chinese state media announced that the ship would shift to a combat role in 2019.

Originally laid down in 1985 for the Soviet Navy as the Kuznetsov-class aircraft cruiser Riga, she was launched on 4 December 1988 and renamed Varyag in 1990. After the dissolution of the Soviet Union in 1991, construction was halted and the ship was put up for sale by Ukraine. The stripped hulk was purchased in 1998 and towed to the Dalian naval shipyard in northeast China.

The ship was rebuilt and commissioned into the People's Liberation Army Navy (PLAN) as Liaoning on 25 September 2012. Its Chinese ship class designation is Type 001. In November 2016, the political commissar of Liaoning, Commodore Li Dongyou, stated that Liaoning was combat ready."

Recorded mintage: unknown.

Specification: 31.1 g, 0.999 fine silver, 1 troy oz ASW.

Catalog reference: KM-Unlisted.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The April 2021 Hong Kong Auction, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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