China 1996 100 yuan KM-887

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Sincona sale 46, lot 50

This specimen was lot 50 in Sincona sale 46 (Zurich, May 2018), where it sold for 1,500 CHF (about US$1,800 including buyer's fees). The catalog description[1] noted,

"100 Yuan 1996. Panda. Kleines Datum. Polierte Platte. FDC. (China, one hundred yuan of 1996, panda, small date. Choice Proof.)"

The Chinese government has, since the mid 1980's, produced a mind boggling array of bullion related collectibles. The gold panda is one of the most popular. This one was issued when gold was at a very low price and hence sales were poor. Another panda featuring the titular beast sitting on a rock (KM 896) is equally scarce.

Recorded mintage: 1,500.

Specification: 31.1 g, .999 fine gold, 1.000 troy oz AGW, this specimen 31.12 g.

Catalog reference: KM 887. Fr-B4.

Source:

  • 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.
  • 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, Auction 46, Gold Coins and Medals, Zurich: Sincona AG, 2018.

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