China 1988 500 yuan KM-199

Heritage sale 3081, lot 30312

This specimen was lot 30312 in Heritage sale 3081 (New York, January 2020), where it sold for $10,800. The catalog description^[1] noted, "China, People's Republic gold Proof "Year of the Dragon" 500 Yuan (5 oz) 1988 PR69 Ultra Cameo NGC. A superb example showcasing bold detailing virtually unimpacted by handling or contact. Nearly flawless, and an impressive representative of the type in every way. Total AGW 5.0 oz." 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 gold panda is one of the most popular.

Recorded mintage: 3,000.

Specification: 155.55 g, 0.999 fine gold, 60 mm diameter.

Catalog reference: KM 199, Cheng-pg. 53, 2, CC-164.

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.
^[1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Auction 3081, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.

Link to:

China 1988 500 yuan KM-199

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