By CoinWeek ….
Manufacturing for all weights and denominations of the Chinese language Gold Panda was low in 1995, which makes Pandas from that yr among the many keys to your complete sequence. Particularly low have been the mintages of the 50 yuan half-ounce and 25 yuan quarter-ounce gold cash, making these among the many hardest Pandas of all to seek out. Collectors are recognized to leap shortly on the probability to purchase them when the scarce alternative arises.
On Sunday, April 21, GreatCollections is auctioning off a 1995 50 yuan half-ounce gold Chinese language Panda of the Small Date selection and graded MS69 by PCGS.
That is the very best grade reported for the problem by PCGS, with solely 21 grading occasions listed for the 1995 half-ounce Small Date. An estimated worth of $13,979 USD is given, however latest public sale information go nearly $10Okay larger. At an August 2016 Hong Kong World Cash public sale, two specimens have been bought; one went for $21,510 (together with purchaser’s premium) and the opposite went for $22,705–a file value for the important thing rarity.
However with its extremely reflective fields and nice cameo distinction, the Mint State instance on supply this Sunday is (to our eyes, not less than) the equal of both of these cash, if not superior. And a search via the GreatCollections Public sale Archives–with over 600,000 licensed cash bought prior to now seven years–will reveal costs nearly as excessive for different high quality examples of the grade.
This coin was one in all a reported mintage of 11,749 struck within the northern Chinese language metropolis of Shenyang (沈阳, Shěnyáng) on the Shenyang Mint. The label on the coin’s PCGS Safe Protect holder offers the “沈” (Shěn) mintmark in parentheses as there isn’t a mintmark inscribed on the coin itself.
Taken as an entire, the Chinese language Gold Panda suffers from a normal copper recognizing drawback. That is clearly not the case for the specimen at hand.
Historical past of the Chinese language Panda Coin
In 1982, the primary subject of the Chinese language Gold Panda bullion coin got here in 4 denominations and weights: 1/10 oz, 1/four oz, half of ozand 1 oz – all struck in .999 positive gold.
In 1983, the primary 1/20 ozgold coin was struck, as have been the primary Proof Silver Pandas (bullion Silver Pandas got here in 1989). Apart from the metallic content material and the price, the opposite massive distinction between Gold and Silver Pandas is that Gold Pandas function their panda designs on the reverse, whereas Silver Pandas place the panda on the obverse. The opposite aspect of every respective coin encompasses a head-on depiction of the well-known Temple of Heaven, a non secular complicated constructed nearly 600 years in the past beneath the Ming dynasty within the capital, Beijing.
1986 noticed the discharge of the primary Gold Panda Proof units, which have been produced via 1992. A circle P was added to the Proof Gold Panda reverse.
The design on the reverse of the Gold Panda modifications yearly, aside from 2001 and 2002 when the identical reverse was used. Silver Proof and bullion cash had the identical obverse design till 1993.
Bimetallic 1oz Gold Pandas have been produced in 1993 and ’94. A wide range of different weights, together with one-kilogram monsters, have additionally been manufactured for the collector and investor markets.
Apart from Shenyang, Chinese language Gold Pandas are struck on the Shanghai, Beijing, and Shenzhen Mints.
中国, 中國, 沈阳, 金熊貓, 大熊貓