Author Topic: 1982 Chinese proof set  (Read 4295 times)

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Offline RHM22

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1982 Chinese proof set
« on: May 23, 2009, 08:50:30 PM »
Hello,

I bought a 1982 8 piece 1 Fen to 1 Yuan proof set in the original packaging last year from a coin show for $15, and I saw that a few sold on eBay for more than $250. I was wondering if anyone knew why they sold for so much. I don't have a regular Krause catalog, so could someone please tell me the mintage for this set? The box says "China Coins" and the reverse side of the packaging says "Shanghai Mint", and it has what appears to be a copper year of the dog medal that is a little smaller than the 1 Yuan coin.

Thank you in advance for any help!

Offline poconopenn

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Re: 1982 Chinese proof set
« Reply #1 on: May 26, 2009, 12:05:38 AM »
Bank of China issued proof sets of circulated coins from 1981 to 1986, consisting of seven coins (1, 2, 5 Fen and 1, 2, 5 Jiao and 1 Yuan) and one lunar year medal. The Fens were made with Al-Mg alloy, Jiaos with Cu-Zn alloy, and Yuan with Cu-Ni alloy. The planned mintages were 10,000. Those sets were not for sales but as gift to foreign VIP.  The actual mintage is believed to be lower than the planned mintages. For example, the actual mintages of 1985 and 1986 proof sets are 4,825 and 660 respectively. The current value for 1985 is about $600-$750 and 1996 is more than $6,000.
 
There are UNC mint sets for 1979, 1980, 1981, 1983 and 1985. Again UNC sets have a very low mintage. 1979 UNC set has three coins (1, 2, 5 Fens) only, in a blue PVC wallet with a planned mintage of 10,000, while 1980 set has 7 coins and 1 medal in a blue or a black wallet with a planned mintage of 10,000. Both 1979 and 1980 were produced at Shengyang Mint. 1981 UNC set was also produced at Shengyang Mint, housed in a red wallet, with a planned mintage of 13,400, while 1981 proof set was produced at Shanghai Mint. 1982 and 1983 proof sets also were produced at Shanghai Mint. There are two different 1984 proof sets.   Shanghai Mint produced a small date 1 Yuan, while Shengyang Mint had a large date 1 Yuan. The medal (rat) of Shanghai Mint is made of red copper while Shengyang is Cu-Zn alloy.
 
The following circulated coins, between 1979-1986, are very rare, regardless proof or UNC; 1979 5 Fen, 1980 2 Fen & 5 Fen, 1981 1 Fen & 5 Fen, 1982 1,2,5 Jaio & 1 Yuan, 1984 1, 2, 5 Jaio & 1 Yuan, 1985 2 Jaio, 1986 1, 2, 5 Jaio & 1 Yuan. It is my understanding that very limited UNC 1, 2, 5 Jaio & 1 Yuan minted in 1982 and 1984. It is also my understanding that no 1, 2, 5 Jaio and 1 Yuan UNC coins were minted in 1986.

Bank of China also issued proof and UNC sets from 1991 to 2000. The planned mintages for proof sets are 20,000. There is no mintage information available for UNC sets.

Offline RHM22

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Re: 1982 Chinese proof set
« Reply #2 on: May 26, 2009, 01:11:50 PM »
Wow! Thanks for the information! That's exactly what I was looking for.

Offline Chinese

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Re: 1982 Chinese proof set
« Reply #3 on: October 07, 2009, 11:39:03 AM »
where can buy it :001_tt1: I like the 1982 china coins proof set !

Offline pandamonium

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Re: 1982 Chinese proof set
« Reply #4 on: January 10, 2018, 06:22:18 PM »
Bank of China issued proof sets of circulated coins from 1981 to 1986, consisting of seven coins (1, 2, 5 Fen and 1, 2, 5 Jiao and 1 Yuan) and one lunar year medal. The Fens were made with Al-Mg alloy, Jiaos with Cu-Zn alloy, and Yuan with Cu-Ni alloy. The planned mintages were 10,000. Those sets were not for sales but as gift to foreign VIP.  The actual mintage is believed to be lower than the planned mintages. For example, the actual mintages of 1985 and 1986 proof sets are 4,825 and 660 respectively. The current value for 1985 is about $600-$750 and 1996 is more than $6,000.
 
There are UNC mint sets for 1979, 1980, 1981, 1983 and 1985. Again UNC sets have a very low mintage. 1979 UNC set has three coins (1, 2, 5 Fens) only, in a blue PVC wallet with a planned mintage of 10,000, while 1980 set has 7 coins and 1 medal in a blue or a black wallet with a planned mintage of 10,000. Both 1979 and 1980 were produced at Shengyang Mint. 1981 UNC set was also produced at Shengyang Mint, housed in a red wallet, with a planned mintage of 13,400, while 1981 proof set was produced at Shanghai Mint. 1982 and 1983 proof sets also were produced at Shanghai Mint. There are two different 1984 proof sets.   Shanghai Mint produced a small date 1 Yuan, while Shengyang Mint had a large date 1 Yuan. The medal (rat) of Shanghai Mint is made of red copper while Shengyang is Cu-Zn alloy.
 
The following circulated coins, between 1979-1986, are very rare, regardless proof or UNC; 1979 5 Fen, 1980 2 Fen & 5 Fen, 1981 1 Fen & 5 Fen, 1982 1,2,5 Jaio & 1 Yuan, 1984 1, 2, 5 Jaio & 1 Yuan, 1985 2 Jaio, 1986 1, 2, 5 Jaio & 1 Yuan. It is my understanding that very limited UNC 1, 2, 5 Jaio & 1 Yuan minted in 1982 and 1984. It is also my understanding that no 1, 2, 5 Jaio and 1 Yuan UNC coins were minted in 1986.

Bank of China also issued proof and UNC sets from 1991 to 2000. The planned mintages for proof sets are 20,000. There is no mintage information available for UNC sets.





Poconopen or others;    1981-1986 Proof set circ coins.      You have actual mintage for 1985 & 86.      What is actual mint for 1981, 82, 83 & 84?.....