Author Topic: 1 Yuan Panda 1985 Brass  (Read 22360 times)

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Offline GoldenLord

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1 Yuan Panda 1985 Brass
« on: October 01, 2014, 05:39:28 PM »
I have a 1985 Panda Brass Coin in the old Plastic Capsule with Fingerprints.

Ive read about Fake Brass Coins from 1983 and 1984, are there any 1985 Fake Coins?
If i look at other Auctions, the Nose and Eyes are the same as my one.

( http://images.zhaoonline.com/images/2014/w09/139465012A.jpg and http://china-mint.info/forum/index.php?action=dlattach;topic=848.0;attach=655;image and http://china-mint.info/forum/index.php?action=dlattach;topic=9282.0;attach=23314;image )


And other Question, if i would send it to NGC, could they remove the fingerprints and what would it be graded?

here are some Pictures (photo was taken in plastic capsule):
« Last Edit: October 01, 2014, 06:13:42 PM by dark33 »

Offline pandamonium

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Re: 1 Yuan Panda 1985 Brass
« Reply #1 on: October 01, 2014, 09:18:11 PM »
The 85 brass panda is the rare one w/ 1,000 mint.......83 & 84 had 30,000 mint.....

Offline mcc168

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Re: 1 Yuan Panda 1985 Brass
« Reply #2 on: October 01, 2014, 11:05:08 PM »
Nice and hard to see 1985 brass panda. NCS should be able to remove finger prints from your coin.

Offline GoldenLord

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Re: 1 Yuan Panda 1985 Brass
« Reply #3 on: October 01, 2014, 11:57:22 PM »
Thx alot, think it was the best found in my life :)

But its a real one and no fake/counterfeit? Because there are some fake Pandas from the early years..

Thx for your help :)

Offline mcc168

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Re: 1 Yuan Panda 1985 Brass
« Reply #4 on: October 02, 2014, 12:05:32 AM »
I guess send to NCS/NGC is the best way to get your coin cleaned and authenticated.

Offline aragog

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Re: 1 Yuan Panda 1985 Brass
« Reply #5 on: October 02, 2014, 03:28:57 AM »
It looks genuine to me. I studied those coins quite a lot, but unfortunatelly only from pictures, as I have never owned one yet, so you cannot take my words as 100% true. I do not see any signs of fake in your coin.
Good catch !

Offline jwa1inv

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Re: 1 Yuan Panda 1985 Brass
« Reply #6 on: October 02, 2014, 01:12:58 PM »
Awesome find! Mr. Ge's book has that as four and a half stars rare and mintage of only 50!
That is something to consider when you insure shipping/claim value to NCS/NGC.
It does not look bad and I think NCS will improve it greatly.
You should not despair if it does not grade high because it is so-o-o rare.

Congrats big time!

Offline jc888888888

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Re: 1 Yuan Panda 1985 Brass
« Reply #7 on: October 02, 2014, 06:37:09 PM »
Wow very cool  !!!  yes only 50 minted   :)   it is one of the holy grail of brass coins ,if my memory serves me correctly apx 3 years ago one sold at a highly publicized auction in hong kong I believe for apx the equivalent of 64,000 usd it had a box and coa but was ungraded ,Peter Anthony might have some auction records or data??  I personally sold a 1983 ms 70 NGC graded coin for the equivalent in trade 5,000 usd   and the 1983 is no where near as rare as the 1985 ,if it is my coin I would have it graded and conserved ASAP ,being brass the fingerprints might lift right off:) Either way Congrats and thanks for sharing your find! please post pictures if you grade and conserve it..

Offline jc888888888

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Re: 1 Yuan Panda 1985 Brass
« Reply #8 on: October 02, 2014, 08:35:39 PM »
btw looks genuine.............

Offline jc888888888

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Re: 1 Yuan Panda 1985 Brass
« Reply #9 on: October 02, 2014, 08:43:03 PM »
comments from an article written by Peter Anthony
CHINESE COINS: 5-STAR PANDAS
Posted by Peter Anthony on 8/21/2014
The earliest and perhaps best known are the 1 Yuan brass Pandas that were minted from 1983-1985. Most of these were distributed as gifts or premiums by Panda coin distributors and dealers. Because brass readily reacts with air many surviving coins have black spots or other impairments. They are now highly collectible. MS 69 examples of 1983 and 1984 1 Yuan Pandas can sell for hundreds of dollars. The 1985 is considered a great rarity; auction prices for it have topped $50,000.

VERY EXCITING FIND!

Offline poconopenn

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Re: 1 Yuan Panda 1985 Brass
« Reply #10 on: October 02, 2014, 10:25:19 PM »
IMO, this coin is genuine, even the proof surface is toned heavily and can not be seen clearly. For further confirmation, the coin weighs 17.5 gm with a diameter of 32mm.

The cost of NCS will be more than $1,000 since this coin, regardless of grade, has a valuation north of $35,000, even at the current market. My recommendation will be DIY by leaving in the extra pure olive oil for few hours. If you have an ultrasonic bath, use it. It will be helpful to turn on the bath few times to accelerate the removal of toning. Make sure the bottom of the bath is covered with a soft material, such as cotton clothes. The olive oil can be removed by dipping into acetone for few second, then dry it immediately. The fingerprints on brass coin are very difficult to remove and may not be removable by olive oil or NCS. If some of toning still can not be removed by olive oil, this will suggesting that the surface is corroded, then submitting to NCS/NGC is required to preserve the condition of the coin. PCGS also has the comparable service.
   
Usually this coin does not show a good condition. There are total 13 of this coin graded by NGC (9, 2 of them 69 and 1 68) and PCGS (4, no higher than 67). Attached is picture of PCGS PR67 copied from PCGS website.

This is a great coin and very difficult to find. Can you provide the pedigree? 

Offline aragog

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Re: 1 Yuan Panda 1985 Brass
« Reply #11 on: October 03, 2014, 04:06:17 AM »
I am also not very sure, as the pics are a little blurred, but I do suspect, that those fingerprints on the coin are not corroded yet, just fat leftovers and there is a high bet, that the coin will look nice after procedure described by poconopenn.
Just one thing: be really carefull after aceton bathing ( aceton wash is really needed to remove olive oil, I would even suggest to neutralize it with soap before aceton wash), it should be dried really fast with air-flow (no way to dry it with any material as hairlines will appear). Aceton might "burn" the brass irreversible - the coin can change its color.

Offline jc888888888

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Re: 1 Yuan Panda 1985 Brass
« Reply #12 on: October 03, 2014, 06:25:07 AM »
 Send the coin in to NCS put a value of 5000 on the coin and let the professionals conserve it IMHO,brass is very tricky ,NCS wont question your 3 to 5000 valuation on the form :)  just my opinion no way would I would fool with that coin with acetone, olive oil and soap maybe but  I would leave that to professionals we are talking about a 25,000 ++++ coin here .my opinion is not to fool with it  burning the brass with acetone is a strong possibility!!!!

Offline GoldenLord

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Re: 1 Yuan Panda 1985 Brass
« Reply #13 on: October 03, 2014, 11:02:57 AM »
Thx for the answers and that the coin should be geniue :)

I dont want clean the coin by myself, too much risk for the high price.
Think ist not very expensive to use the NGC cleaning program.

The Fingerprints are not very old. Think it would be get a nice grading.
If i receive the coin back, ill post here the Pictures.

Than i must telephone next week with NGC, about the Terms and Price. Im here in Germany, but near the Office in Munich. Grading is at this Country not very easy...

More than 50.000$, the last one i know was 25.000$ 2012 and they was an auction in Germany for 24.999 Euros (http://www.ebay.de/itm/1-Yuan-Messing-Panda-1985-TOP-RARITAT-/181471363294?pt=M%C3%BCnzen_Medaillen&hash=item2a408940de)

The Pedigree, ive found the seller some months ago here in Germany. i have write him over many weeks, but he was the most time offline. Over the weeks he get more and more private bids from buyers. But about the Long time all buyers are still offline and i was the last one with the last bid :)
Now its here..  Think the coin was from MDM (German Coin Seller). They have bought all China Coins in this time. I think they get some 1985 Pandas and have sold them pherhaps for special customers. Im sure, they will be some more coins.

Offline PandaOrLunar

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Re: 1 Yuan Panda 1985 Brass
« Reply #14 on: October 03, 2014, 11:29:24 AM »
Congrats on the finding. 

Just want to reiterate the declared value you want to put on the NCS/NGC form.  As the saying go, hope for the best and plan for the worst.  If for some reason, the coin is lose, you want to make sure you are covered for what is worth.

My 2 cents.