Two NGC-certified Chinese Coins Each Realize More than $800,000 in Heritage Sale
Posted on 7/8/2024
Two very large gold coins certified by Numismatic Guaranty Company® (NGC®) each realized more than $800,000 in a Heritage Auctions sale focused on Chinese rarities. The HKINF World & Ancient Coins Platinum Session and Signature® Auction was held June 19-21, 2024.
At the top of the auction was a China 1992 1 Kilogram Gold 2,000 Yuan - Compass with Serial Number 08 graded NGC PF 69 Ultra Cameo (lot 30125), which realized $816,000. This coin was among the earliest kilogram gold coins struck anywhere, which are highly sought by collectors of Chinese numismatics. From a mintage of just 10, this coin celebrated the invention of the compass.
Another coin from the same series of inventions and discoveries also realized $816,000: a China 1992 Gold 2,000 Yuan - Seismograph with Serial Number 008 graded NGC PF 68 Ultra Cameo (lot 30126). This particular coin's serial number of 8 is considered lucky in China because it sounds similar to the Chinese word for fortune.
Other NGC-certified highlights in the auction included:
- a China 1993 Gold 1,500 Yuan - Guanyin graded NGC PF 69 Ultra Cameo (lot 30124), which realized $432,000
- a China 1923 Gold Dollar graded NGC MS 62 (lot 30098), which realized $192,000
- a China 1982 Brass Pattern for a Gold 100 Yuan Panda - Great Wall graded NGC PF 69 Ultra Cameo (lot 30151), which realized $102,000
- a China 1999 1 Kilogram Gold 2,000 Yuan Panda with Serial Number 016 graded NGC PF 67 Ultra Cameo (lot 30156), which realized $75,000
- a China 1995 12-ounce Gold 1,000 Yuan - Lunar Series, Pig with Serial Number 54 graded NGC PF 69 Ultra Cameo (lot 30149), which realized $72,000
- a 2013 Casascius Bitcoin 1 Bitcoin graded NGC MS 68 and pedigreed to the Otoh Collection (lot 30157), which realized $72,000
- a China 1994 12-ounce Gold 1,000 Yuan - Lunar Series, Dog with Serial Number 43 graded NGC PF 69 Ultra Cameo (lot 30146), which realized $69,000
- a Great Britain 1831 Crown - W.W. graded NGC PF 65 Cameo (lot 30160), which realized $66,000
Prices realized include buyer's premium. The $ symbol represents US Dollars.
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