Author Topic: 1993 20 oz gold 1500 yuan two peacocks.  (Read 13304 times)

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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.