Two NGC-certified Chinese Coins Each Realize More than $800,000 in Heritage Sale

Posted on 7/8/2024

The modern gold coins, each weighing a kilogram, led the way in a June auction highlighting Chinese rarities.

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.

Click images to enlarge.

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). Both the compass and the seismograph were invented in China during the Han dynasty, which ruled China almost uninterrupted for four centuries starting in 202 B.C. This particular coin's serial number of 8 is considered lucky in China because it sounds similar to the Chinese word for fortune.

Click images to enlarge.

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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