China 1986 5 yuan KM-148

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Stack's Bowers 2023 NYINC sale, lot 40837
SB0123-40837r.jpg

This specimen was lot 40837 in Stack's Bowers NYINC sale (New York, January 2023), where it sold for $408. The catalog description[1] noted, "CHINA. Yuan, 1986. NGC PROOF-64 Ultra Cameo. International Year of Peace." This denomination was used for numerous NCLT's in 1986, including KM 131 (1/20 oz gold panda), KM 139 and KM 140 (soccer), KM 141 (Sima Qian), KM 142 (Zhang Heng), KM 143 (Cai Lun), KM 144 (Zu Chong Zhi), KM 148 (shown here), KM 150 (silver panda) and KM 152 (sailing ship Empress of China). This and other early commemoratives often had low mintages as there was no domestic market for them and they sold poorly overseas.

Recorded mintage: 1,350.

Specification: 18.61 g, 0.925 fine silver, 0.553 troy oz ASW.

Catalog reference: KM-148 (formerly KM Y119).

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The January 2023 NYINC Auction: Ancient Coins, World Coins & Paper Money, featuring the Taraszka Collection and the Mark and Dottie Salton Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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