Author Topic: 1993 20 oz gold 1500 yuan two peacocks.  (Read 9476 times)

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Offline VincentD123

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1993 20 oz gold 1500 yuan two peacocks.
« on: June 06, 2016, 09:44:37 PM »
Hello, i purchased the coin when it was first minted and have held onto it ever since. I regret not selling the coin in 2011/2012 when gold was at its peak, and the Chinese coin market was on fire, but you know what they say; "you can't cry over spilled milk." I am now at the point of seriously considering selling the coin and have a great resource and outlet to do so. I'm just looking for a few good opinions on whether holding on to a coin of this nature and rarity would be smarter than selling, or if selling and properly investing into a bulk of physical gold bullion would be a better idea. I've had this coin so long I really want to make the best descison with it. I am in a spot where I would really like to liquidate this asset and use the proceeds to make some sound investments and yeild some solid returns. Anyone have any idea on the possible projected value of this coin in both the short and long term? Coin is in excellent condition still in original box and sealed plastic. COA is also with it. Coin is ungraded but near perfect. No less than PF68.

Offline Hippanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #1 on: June 06, 2016, 09:57:04 PM »
That is one of the most stunning coins ever made.
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline Birdman

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #2 on: June 06, 2016, 09:59:02 PM »
 :001_tt1: :drool:

Offline SANDAC

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #3 on: June 06, 2016, 10:20:41 PM »
A spectacular coin, only 66 made.  It is a wedding coin, so I imaging the super rich would like to have it as the centerpiece for the wedding of their only child.  It seems to me you can ask for a whale of a price and wait for the right buyer to come around.  It'll take time, but worth the wait.

Edit:  kids born in 1993 are 23 now, not quite the average marriage age for the riches, so hold on to it for another 5 years may be a sound investment strategy.

Welcome to CCF, and thanks for the spectacular photo!

Offline poconopenn

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #4 on: June 06, 2016, 11:44:38 PM »
Welcome to the forum and thanks for showing us such a rare coin.

MCC with double digit mintage can fetch at least $200,000 in auction. It has nothing to do with the weight of the coin.  You have just missed this year’s Heritage Auction in H.K., which is considered to have the highest visibility auction for MCC. Perhaps, you can try next year and hopefully, the market will be better. I have no doubt that all major auction houses in China will like to cosign and promote this coin for you. It can be significant difference in the auction result, if the auction house is willing to promote and make this coin as the top listing of the auction. Good luck.

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #5 on: June 07, 2016, 01:49:00 AM »
Thank you everyone for your quick responses. I actually took the coin to heritage auction house and they told me it was too late to auction the coin in this upcoming HK auction in August, however, they did offer to take the coin to the August auction and place it on the main display ads well as putting the coin on the cover of the December HK auction catalog, place it on their main display, and do a tremendous amount of advertising. This will give buyers in HK a preview of the coin and is also great advertising. I'm thinking this may be a great option. I also have the exact same coin in silver (mintage of 500). Was thinking it may be a good idea to auction as a pair?

Offline Hippanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #6 on: June 07, 2016, 02:28:02 AM »
No, do not auction as a pair.

*Unless you really want to move them, at a lower price.
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline banyantree

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #7 on: June 07, 2016, 02:31:57 AM »
Wow. What a great coin.

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #8 on: June 07, 2016, 02:33:10 AM »
No, do not auction as a pair.

*Unless you really want to move them, at a lower price.

Any specific reason for this? Also, is it possible this may become a million dollar coin in the next 5 years?

Offline Hippanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #9 on: June 07, 2016, 02:34:05 AM »
My "financial advisor" recommends you sell it to me at less than the same price you paid, and take the very beneficial "tax loss"
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline Hippanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #10 on: June 07, 2016, 02:35:40 AM »
Any specific reason for this? Also, is it possible this may become a million dollar coin in the next 5 years?

Slim.
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline banyantree

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #11 on: June 07, 2016, 02:39:15 AM »
Sure, this is a very special coin . But certainly not a coin , the $ 1 million cost in a few years .

Offline Tao-Panda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #12 on: June 07, 2016, 03:29:37 AM »
 :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1:

If I was the lucky owner of such a coin, I would never sell it... only if I really need money to eat.
This coin is a real treasure which must be kept.
So, my advice: keep it preciously !

PS: for the pleasure of the eyes, could you post other photos ?

Offline jc888888888

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #13 on: June 07, 2016, 06:24:03 AM »
VincentD123 ,you are on the right track:)   the heritage auction in hk that is well publicized is the way to go ...... The projected value of the coin is what someone is willing to pay for it :) with folks in china spending 6 figure money buying panda master sets there is certainly money in HK willing to pay for the coin ..It is stunning for sure . IMHO the value of that coin has a lot to do with a matter of luck:).It certainly is a 6 figure coin.And here is what I mean about luck..... If 3 or 4 people show up at the auction with essentially unlimited money and all want it bad it could be a million dollar coin . there are many people in china that a million is like $100 to me:) . you just need the right 2 people bidding at the end ... I would put a reserve on the coin   200,000k at least so you dont get subject to horrible bad luck .... Personally myself I would not sell that coin to re-invest in bullion that IMHO is not a better investment you would be better off trying to time a better economic cycle which is tricky. Though it is a nice problem to have the problem with a coin like that is value is going to always be dictated by the luck of the "room" as a well publicized famous auction is the only way to sell that coin :).  IT is a shame that Nick Brown is not still alive ..he sure loved coins like that:) Rest in peace Nick ................... he could have given you some great advise no one handled more rare large gold MCC than him. 

Offline mook

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #14 on: June 07, 2016, 07:07:00 AM »
While agree with Tao Panda
This really is not the time to sell such wealth.
Unless one offers you more than a million dollars.

Offline PandaCollector

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #15 on: June 07, 2016, 10:30:14 AM »
On the other hand, how many auctions has Heritage done in Hong Kong? If Hong Kong is your favored locale, the consignor should also discuss this with Stacks-Bowers which has been holding major auctions there for many years. I would also consider at least consulting with coin dealers who specialize in similar material. You may get some interesting information. Sorry that Nick is not here for this one.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

Offline PandaCollector

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #16 on: June 07, 2016, 11:19:05 AM »
It is great that Heritage is now in Hong Kong. It will benefit collectors and the entire market. I wish them success and look forward to covering their auctions in China Pricepedia.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #17 on: June 08, 2016, 05:43:36 AM »
:001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1:

If I was the lucky owner of such a coin, I would never sell it... only if I really need money to eat.
This coin is a real treasure which must be kept.
So, my advice: keep it preciously !

PS: for the pleasure of the eyes, could you post other photos ?

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #18 on: June 08, 2016, 05:44:58 AM »
:001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1: :001_tt1:

If I was the lucky owner of such a coin, I would never sell it... only if I really need money to eat.
This coin is a real treasure which must be kept.
So, my advice: keep it preciously !

PS: for the pleasure of the eyes, could you post other photos ?

Offline Hippanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #19 on: June 08, 2016, 05:56:45 AM »
Photos can't begin to do it justice.

In photos, it looks not too different from my 1 oz version,
however ...
It must surely be singularly spectacular in person.  

Offhand, I can't think of another single coin ever posted on this forum that is anywhere in its same league.
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline jc888888888

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #20 on: June 08, 2016, 06:08:28 AM »
extraordinary!

Offline mook

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #21 on: June 08, 2016, 06:10:21 AM »
it is a really beautiful coin, the symbolism is very strong, I understand that the Chinese can afford for a wedding.

Offline lonemao

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #22 on: June 08, 2016, 06:14:02 AM »
Great coin   :001_tt1:

wg, do something!  N66

Offline Tao-Panda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #23 on: June 08, 2016, 07:58:49 AM »
 :001_tt1: :001_tt1: :001_tt1: Wonderful !  :001_tt1: :001_tt1: :001_tt1:

Thank you for photos  N40

Offline Agpanda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #24 on: June 08, 2016, 12:37:50 PM »
Surely a peice to admire, love the pics

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #25 on: June 08, 2016, 04:14:58 PM »
I know there's no way to make and exact prediction, but ball-park where does anyone see this coins value in the next 5-10 years? Can anyone give an educated guess? I love the coin and would really like to hold it, but it would be a great stepping stone to help me a achieve something. So if it is unlikely to double in value over next several years it would be wise of me to auction. The money obtained from selling will allow me to achieve my lifetime goals. Ultimately leading to well more than the value of this coin. On the other hand, as a collector I find this piece invaluable and am having a very hard time parting ways with it.

Offline PandaCollector

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #26 on: June 08, 2016, 04:21:49 PM »
Vincent, the only way I could predict something would double is if it you buy it for 50% of its current value. You have a wonderful coin. If trends turn its way it could more than double. Or it could stay the same, or even decline. The very best, most knowledgeable (and sometimes wealthiest) coin collectors and dealers in the world all moan about the coins they sold too early, or too late. If the money from this coin will get you ahead in achieving your life's goals I would sell it and never look back.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

Offline jc888888888

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #27 on: June 08, 2016, 09:45:23 PM »
+1 on Peter,s comments ...... that is always a hard choice ..but life goals sum it up:)  money or gold are a vehicle to help you achieve life goals...

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #28 on: June 09, 2016, 02:34:03 AM »
First I would like to thank everyone for their opinions and advice. It has all been more than helpful in my descison making process. Could anyone offer their advice as to what the best auction house/company (auction must take place in HK) would most likely attract the most bidders, therefore generating the highest realized price possible? I have already been speaking with heritage.

Offline Tao-Panda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #29 on: June 09, 2016, 02:38:55 AM »
Which price would you like to reach ?

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #30 on: June 09, 2016, 02:54:46 AM »
Well, i know in 2011 (peak of the market) the coin was reaching the 400k mark. I don't see why with the proper amount of advertising, the right auction, and a good amount of people in the room who really want the coin, that those numbers should sound unrealistic. The fact that the coin is so rare, and who knows, it could be another ten years before one comes back on to the market should definitely play a role (At least in the emotional aspect) in the bidding war. I'm also willing to do as much as I can to advertise the coin on my own part. Whatever that entails. I would like to get in touch with as many super wealthy collectors of MCC as I can and let them know the coin will be available for auction.

Offline KeyDate1/2ozPandas

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #31 on: June 09, 2016, 02:55:05 AM »
The only two that I trust to auction my coins are Heritage and Stacks.  It is not which auction house is best, but rather what is the market like when the auction occurs and how much of the hammer price will each auction provide to you.  If gold drops $100 the day before your auction, enthusiasm to bid up decreases even though your coin is 10x times melt value.  Alternatively, the value of rare cultural modern coins is still low compared to the highs of 2011.  Many of the rare cultural pieces are selling 40%-70% below their peak values.  I personally would not be a seller of this coin in the current market, I would wait until the market for cultural pieces is rising.  Finally, there are very few bidders for coins at this price point during a bear market and often the buyers work together legally to keep prices down. 

Find something else to sell.  

Offline Tao-Panda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #32 on: June 09, 2016, 03:11:30 AM »
As Arif told, prices are currently very low regarding their peak.
Now, it is time to buy, not to sell.

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #33 on: June 09, 2016, 03:23:07 AM »
That was actually one of my main questions. From my research on MCC and knowledge on economics, I see the market returning to a bullish state in the very near future, and the value of a coin like this starting it's return back to its peak value. Would I be correct in assuming this? As I said before, no one can make exact predictions but I'm sure a lot of you can make very good educated guesses when it comes to this, due to the fact that many of you earn your livelihoods through these markets.

Offline Tao-Panda

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #34 on: June 09, 2016, 04:30:56 AM »
As you, I think that market has reached its low point and that it will return bullish.
But when... that's the question.  :confused1:
And because I'm not a prophet, I cannot make any prediction  N21
But currently, it is still time to buy, not to sell.

Offline PandaCollector

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #35 on: June 09, 2016, 05:29:42 AM »
That was actually one of my main questions. From my research on MCC and knowledge on economics, I see the market returning to a bullish state in the very near future, and the value of a coin like this starting it's return back to its peak value. Would I be correct in assuming this? As I said before, no one can make exact predictions but I'm sure a lot of you can make very good educated guesses when it comes to this, due to the fact that many of you earn your livelihoods through these markets.

The market for coins like this is not the same as the general coin market, or bullion markets. For a long time this sector was pushed up by so-called gift buying in China. Ever since that fell into disfavor prices have been much lower. There are dealers in China who accumulate this sort of coin and for the last several years their strategy has been to wait for the coins to come to them at tne right prices.  What has come their way already impresses me.

It would surprise me if there was a bidding war for this coin now. There are actually rarer ones out there, too. If you want to get anything like the previous highs, you will have to wait until circumstances are in your favor.

As for auction houses in Hong Kong, Stacks-Bowers has the most experience. Ask for Kyle or Rick Ponterio in their California office. You can compare with Heritage.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

Offline banyantree

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #36 on: June 09, 2016, 07:13:19 AM »
Here an Auktion bevor a half year ( grading 69 )

http://auc.yjzx.com/JingPai/show/sta/1/tid/21966/pid/31129.html

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #37 on: June 10, 2016, 02:50:33 AM »
Here an Auktion bevor a half year ( grading 69 )

http://auc.yjzx.com/JingPai/show/sta/1/tid/21966/pid/31129.html

alized 880k at auction in 2015? From what I know there were 250 of these coins minted and only 66 of the 20 oz gold peacocks. What is the reason this coin is so much more valuable? Having problems posting and quoting sorry for the repetitive posts. Not sure I'm in reading the info on this link correctly it's all in Chinese and I don't see the option to view in English.

Offline banyantree

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #38 on: June 10, 2016, 03:12:37 AM »
I think, this coin is a 200.000 US Dollar coin, but not a Million Dollar coin.

Offline 1668Chris

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #39 on: June 10, 2016, 07:42:34 AM »
alized 880k at auction in 2015? From what I know there were 250 of these coins minted and only 66 of the 20 oz gold peacocks. What is the reason this coin is so much more valuable? Having problems posting and quoting sorry for the repetitive posts. Not sure I'm in reading the info on this link correctly it's all in Chinese and I don't see the option to view in English.

The price is in China yuan.  You need to divide by about 6.2 .  I forget the current fx rate.

Offline 1668Chris

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #40 on: June 10, 2016, 07:46:42 AM »
Today's fx rate is 6.56

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #41 on: November 24, 2016, 07:42:49 PM »
Hello, I realize this is a bit last minute notice, however, in i have consigned my 1993 20 oz gold 1500 yuan two peacocks coin with heritage auctions, and it Will be auctioned off on December 8th in the world coins Hong Kong auction. I realize that this may not be the best market to be a seller of this coin, and having had this coin for 20+ years i wish i was able to hold on to it for a few more years, but my financial situation is leaving me no choice. I know the auction house has done a slew of advertising for me. They listed the coin as the "featured" item of the auction, as well as put the coin on the cover of the catalog. I tried hiring a few PR firms in HK to help me with further advertising, but none of the agencies felt like they could be of any help. I know this coin is a symbol of marriage in the Chinese culture, and is one of the most prestigious wedding gifts one can give. I was hoping to find a way to get the names and contact information of any super wealthy Chinese who have announced any intentions of getting marries, as well as the names and contact information of any collectors or rare MCC. Can anyone assist in obtaining any of this contact information?

https://coins.ha.com/itm/china/world-coins/china-people-s-republic-gold-peacock-proof-1500-yuan-20-oz-1993-pr68-ultra-cameo-ngc-/a/3050-37253.s?ic4=GalleryView-Thumbnail-071515



Offline mook

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #42 on: November 25, 2016, 10:21:05 AM »
It seems to me that it is ill-advised to sell today, the market is really flat, it is a buyer's market, not a seller's market.

Offline silberschatzimsee

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #43 on: November 25, 2016, 11:54:04 AM »
I would have consigned it with a big dealer and tried to arrange some kind of private deal. But ok you needed cash fast and its understandable.

Sadly the auction is not without reserve otherwise i would have particpated most probably(with 100 $ N16) eventhough i am competely broke.

Wish you good luck for achieving a sum you can use for your situation.

Offline silberschatzimsee

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #44 on: December 08, 2016, 01:55:40 AM »
Sold for 171K

Offline VincentD123

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #45 on: December 08, 2016, 01:58:25 AM »
  N35

Offline silberschatzimsee

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #46 on: December 08, 2016, 04:29:26 AM »
  N35

Sorry to hear to that you are not happy, i can understand. With the grading, consigment fees ect. one can really deduct 25% from all sales.
I hope at least you are out of financial trouble.

Is it not always like that? If you need to sell something fast, you almost never achieve your wishprice :(

Offline championauction

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #47 on: December 08, 2016, 05:43:45 AM »
The rare MMC market is not as weak as people think,  Champion auction auction a raw Singapore gold kilo in august for 675k just slightly off the peak of 750k back in 2011, also in a private treaty we sold a raw 1992 lunar completion kilo gold for close to 600K, we auction a ngc 69 lunar completion kilo for 622k last December 15 in Macau. Champion has sold more high value MCC than all of our hk competition combined. We auction the peacock coin for close to 400k back to 2011 to a leading china gold distributor who also purchased the serial number 1 1989 40th year 20 oz gold, 1992 IDOC gold kilo set and many other mcc rarities from us. There was a transaction of  a peacock for usd 180k right before the auction so the price is about right , but I am not sure what is the price after the fees and also the turnaround time.

Champion is  the Company who have sold MCC for over USD 1 million each several times and has the top 16 out 20 auction prices for MCC in HK auctions. Most of our competitors has limited understanding of MCC market and factors that drive the marketplace. We do not put multiple of the same items in auction as the top grade coins realize good prices while other received less attention. We also only place top items when the market is in place and we have demand for these coins BEFORE the auction, we do not put coins in auction just ot make numbers.

Since we had our own China gold programs with partners since the early 1990's and our show panda programs since 2014 in Macau we have many Chinese and international clients who work with us to build their collections. We understand how the minting process works and knows the Chinese mints and designers from our relationships since the 1990's. Our  understanding of  true mintages of many rare to extremely MCC due to our position in this market give us insight where the market is. Therefore many leading collectors and companies trust Champion to give them the true market understanding of MCC coins.  Price guides provide useful information on auction prices but not the private transaction that drive the market today. There were several transaction of the peacock coin in private treaties in the range of usd 160 to 250 in last few years i various grades. We have use private transactions for many of our clients as it is faster turnaround for both the buyer and seller and a lower fee.

We have graded 3 1/2 sets of the 1992 Invention and discovery gold kilos including the number 1 set out of taiwan which was sold in a private treaty to Chinese customer for over USD 2 million. We auction the number 10 set and number 6 compass coin all for more than USD 1 million. We also submitted the only 1991 5 kilo gold panda to NGC and had NGC make a custom 5kg and 10kg holder for one of our clients. We purchase the number 6 1991 panda 5 kilo for more than USD 1.6 million for a client out of a Japanese auction.

If you are interest in  private treaty of rare MCC for a commission al low as 10% and payment within 10 days from our collector clients. If you want to try our service you can contact us at championghka@gmail.com  thank you michael

Offline pandamonium

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #48 on: December 08, 2016, 07:33:53 AM »
Thank you for the informative post Michael of championauction.       Do you have a list of the rarest MCC from your point of view?.......

Offline championauction

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #49 on: December 08, 2016, 08:43:46 AM »
I would place the 1992 compass 1 kg gold as according to an interview with marty weiss only 6 compass was delivered
we handle number 1 , 6, 8, 10 and the number 4 set is with a hupeh collector we have seen so there should 1 more compass kilos out there. seismograph may have the full 10 mintage as several were sold thru china gold shenzhen store as individuals rather than sets.

The 1991 5 kilo panda would be number 2 with mintage of 10. we have seen number 1 ,3 , 5, 6 , 8, 9 and number 7 is with china panda king mr yuen. Shenyang mint has one in their museum. The interesting story about this 5 kilo is at least 2 maybe 3 international clients purchase 2 5 kg for their collection.

1996 bi-metellic gold panda in mr yuen's collection is the only one known but the chance of more showing up can not be rule out as authorize mintage is much higher.

1995 Singapore Gold Kilo , mintage suppose to be 15 but we have only seen 9 so far so perhaps was not fully minted. This kilo has traded hands at 675k to 750 a few times in the past 5 years. We auction one for usd 675k this august and one other traded hands earlier by private transaction earlier this year for over 700k. One client had three in his collection both gold kilos traded hands in 2016 came from this client.

Sun Yat Sen 5 ounce gold less than 10 is known, and again at least  1 international collector had two in their collection. The rarest 5 ounce gold of China. There were a group which came on the market thru a beijing dealer which were all fakes and now taken off the market.

Offline ccl

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #50 on: December 08, 2016, 10:40:17 AM »
great post.

I think it's the 1997 5 oz bimetallic in paragraph 3.

Michael, do you know why there are two different faces of the 1993 1 oz gold SYS?

Offline ccl

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #51 on: December 08, 2016, 03:56:13 PM »
think I found the answer, there is a counterfeit for the 1993 1 oz gold sun yat sen too.

Offline Rarityhunter

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #52 on: January 27, 2017, 08:46:47 AM »
No away to see such insider stories. Thanks!

Offline 1003

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Re: 1993 20 oz gold 1500 yuan two peacocks.
« Reply #53 on: April 17, 2017, 09:13:21 PM »
My "financial advisor" recommends you sell it to me at less than the same price you paid, and take the very beneficial "tax loss"
I think this the only time a financial advisor says something correct.