China 1987 500 yuan KM-164

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Stack's Bowers 2020 NYINC sale, lot 20252
China SB120-20252r.jpg

This specimen was lot 20252 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $7,800. The catalog description[1] noted, "CHINA. 500 Yuan, 1987. Panda Series. NGC PROOF-65 Ultra Cameo. A pleasing 5 ounce proof with incredible radiance and luster along with a charming frosted nature." This denomination was struck in this format 1987-94. It was accompanied by a twelve ounce gold panda (KM 165) as well as the usual smaller sizes, down to 1/20 ounce.

Recorded mintage: 3,000.

Specification: 155.52 g, 0.999 fine gold, 60 mm diameter.

Catalog reference: Fr-B3; KM-164; PAN-50a.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • 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.
  • Anthony, Peter, Gold & Silver Panda Coin Buyers Guide, 3rd Ed., Los Angeles, 2017.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2019.

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