China 1989-P 100 yuan KM-229
The first specimen was lot 2299 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $1,292.50. The catalog description noted, "CHINA. 100 Yuan, 1989-P. Panda Series. NGC PROOF-68 ULTRA CAMEO. Flashing brilliant proof surfaces free of spots tone or fog." The second specimen was lot 6205 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $1,233.75. The catalog description noted, "CHINA. 100 Yuan, 1989-P. Panda Series. NGC PROOF-67 ULTRA CAMEO. Flashing brilliant proof surfaces with no breaks in the frosted devices." 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 SCWC does not mention the "P" mintmark in its listings yet the "P" is conspicuously visible. It likely indicates "Proof".
Recorded mintage: 115,187 plus 8,000 proofs.
Specification: 31.13 g, .999 fine gold, .993 troy oz AGW.
Catalog reference: Fr-B4; KM-229 (formerly KM Y191); PAN-100a.
- Anthony, Peter, Gold & Silver Panda Coin Buyers Guide, 3rd Ed., Los Angeles, 2017.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
- Ponterio, Richard, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.