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  • The Start of a Series: 1984 12 oz Gold Panda

    By on July 6, 2017

    1984 12 oz Gold Panda The China Mint began striking the now famous and well-established Panda series in 1982. Today the impressive and weighty Panda coins with incredibly low mintages that we see and hear talked about in the press are quite familiar to most Panda collectors – although well out of reach for most given their cost! However, until

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  • Research into White Spots

    By on June 25, 2015

    It is the primary cause of insomnia for silver coin collectors the world over. It’s everywhere – an ever present danger hanging in the air – that given the chance will indiscriminately attack the surfaces of silver coins. It is white spot corrosion, and it’s the worst nightmare for the coin enthusiast who, after a relatively short period of time

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  • 1984 Chinese Olympic Athletes on Coins

    By on July 17, 2015

    Before the establishment of the PRC in 1949, China had been represented at the Olympics under the flag of the Republic of China (ROC). However the flag of the PRC was raised for the first time at the 1952 Helsinki Summer Olympics in Finland. The PRC sent a delegation of 40 to attend, but due to transportation issues mainly concerning

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  • 1910 Xuantong Imperial Silver Dollar (Kann 219)

    By on July 6, 2015

    The Last Emperor The 1910 Xuantong Imperial Silver Dollar (Kann 219) was struck in the second year of the child emperor’s reign. The last emperor of China, the Xuantong Emperor of the Qing Dynasty, also known as Puyi, was born in February 1906 and ruled from December 1908 until he abdicated in 1912. As Puyi was just a toddler when

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  • New 1 oz Silver Medal: 1st China International Coin Expo

    By on June 28, 2015

    Following the opening of the 1st China International Coin Expo on 22nd May in Beijing, seven highlights would be unveiled to the attendees and onlookers. Among those attractions, and drawing a large portion of the crowd’s attention, was the 1st China International Coin Expo official commemorative medal. It was at long last revealed to the public on the evening of

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  • Hsu Shih-chang (1921) Silver Dollar

    By on June 12, 2015

    Xu Shichang, also known as Hsu Shih-chang, held the office of president of the Republic of China between October 10th, 1918 and June 2nd, 1922. His presidency, which lasted a little over four years, is remarkable among those in the Warlord Era of Chinese history (1916 – 1928) for being the longest. He was also the only civilian to be

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  • Errors and Varieties: 1988 15th Winter Olympic Games

    By on May 29, 2015

    This article looks once again at another of the several error strikes that either managed to make it out of the minting process undetected, or were detected too late to be altered. The coin under the spotlight here is the 1988 15th Winter Olympic Games silver coin. It is perhaps one of the best known of the error strikes of

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  • Purple Clouds from the East – Xu Beihong

    By on May 19, 2015

    2015 is a big anniversary in the artistic community in China, as it marks 120 years since the birth of the revolutionary Chinese master painter, Xu Beihong 徐悲鸿 (1895 – 1953). For MCC collectors and enthusiasts, with the release of the four-coin set earlier this year to commemorate the occasion (more details can be found here), attention has returned to

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  • Coin Orientation: the 2005 Year of the Rooster 1/10 oz Colourised Proof Gold Coin.

    By on May 11, 2015

    2005 was the Year of the Rooster according to the Chinese lunar calendar, and this year marked the beginning of the third iteration of the ever popular Lunar series – second only in popularity to the widely recognised Pandas. The first Lunar series began in 1981; the second in 1993. Colourised Lunar coins had made their first appearance in the

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  • Xu Beihong’s Latest MCC Portfolio

    By on April 8, 2015

    Xu Beihong Xu Beihong (1895 – 1953) was born in Jiangsu Province at the end of the 19th Century – a time when revolutionary western social and political ideas were starting to take hold in China. It is perhaps not surprising that, having grown up in such an ever-changing political climate, that Xu Beihong’s artistic work was equally as revolutionary

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  • 1928 Auto Dollar

    By on March 31, 2015

    1928 (Year 17) Auto Dollar L&M-609; K-757; Y-428 The Legend Guizhou Province in southern China is a rocky, mountainous and rugged region, and even with today’s technology and modern infrastructure, getting around can still be fairly challenging! Rewind the clock back to the 1920s during the Warlords Period in the history of the Republic of China, and the transportation problem

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  • 1923 Dragon and Phoenix Dollar

    By on March 26, 2015

    1923 Dragon and Phoenix Dollar Creating a National Emblem With the collapse and ousting of the Qing dynasty in 1912, China was in a state of political upheaval. Dynastic China had come to an end, and the newly founded Republic of China was looking to establish itself as the new governing body. In this restructuring and establishment of the new

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  • Silver Junk Dollars 1932-1934

    By on March 19, 2015

    Historical Background 1929 was the beginning of a new chapter in the history of the Republic of China, with the announcement on December 29th 1928 that all flags of the Beiyang Government were to be replaced by the flag of the Nationalist Party, thereby symbolically reunifying China under one rule and bringing the Warlord Era (1916 – 1928) to an

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  • 1993 Possessing a Piece of the Homeland 5 oz Gold Proof Coin

    By on March 13, 2015

    Series Overview The “Possessing a Piece of the Homeland” (from now on referred to as the “Homeland”) set was a one-off commemorative set struck in 1993 consisting of 11 coins – 6 gold and 5 silver – with depictions of sacred religious mountaintop shrines, temples, and burial sites from ancient Chinese history. Specifications: 5 oz Gold Coin This is the

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  • Introduction to the Guangxu Tael

    By on March 6, 2015

    The Tael as a Unit of Measurement in China Before the standardisation of the tael to 50 g by the People’s Republic of China in 1959 in order to better coordinate with the metric system, a tael, or liang 两, could traditionally refer to a variety of weights, depending on the region and context. Taels were used widely as a

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  • The Case of the 1989 Dragon and Phoenix

    By on March 1, 2015

    The Dragon and Phoenix in Chinese Culture Culturally for the Chinese, the dragon and phoenix depicted together symbolise balance, and are the animal embodiment and representation of the yin-yang philosophical concept. The phoenix – standing for yin – symbolises such aspects as femininity, negative energy, the moon, darkness, and passiveness; while the dragon – standing for yang – symbolises the

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  • The Tsao Kun Commemorative Dollar

    By on February 22, 2015

    Historical Background Cao Kun (1862-1938), or Tsao Kun, was President of the Republic of China between 10th October 1923 and 30th October 1924, holding office for little over a year. He was a prominent figure during the Warlord Period of Chinese history, and was a military commander in the Zhili clique – one of the anti-Japanese factions of the Beiyang

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  • Spotlight on 2 oz Silver Mount E’mei Proof Coin

    By on February 10, 2015

    The Basics The 2 oz silver Mount E’mei proof coin was released on the 21st March 2014 as part of the Mount E’mei sub-series of the Sacred Buddhist Mountains series. The coin is legal tender of the PRC and features on its obverse the emblem and inscription of the PRC, and the year of issue, 2014. The reverse face shows

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  • The Top 10 Auctions of January 2015

    By on February 6, 2015

    The top ten list of proof coins attracting the highest prices at auction in January has been published by shouxi.com, an online auction hub. Heritage Auctions and Stack’s Bowers and Ponterio were the two auctioneers who dominated the top ten, with four places each. Of these, the top spot was held by Heritage Auctions, who sold a Manchurian Provinces Year

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  • Market Update (2nd February 2015)

    By on February 2, 2015

    Following a day of trading after the weekend break, the international gold price currently stands at 1272 USD/oz. Midday on the 29th January saw the commodities price for gold reach a low point of the last week, touching 1253 USD/oz. However, the reception of the news on Friday 30th January that the USA’s GDP figures for the fourth quarter of

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  • Market Update (29th January 2015)

    By on January 29, 2015

    When Asian markets closed on Wednesday 28th the international commodities price for gold stood at around 1288.07 USD/oz. Today has seen fluctuations between 1288 and 1294 USD/oz. The peak of 1295 USD/oz seen on Tuesday 27th was largely down to the sub-optimal data emerging from the US this week, resulting in the USD weakening substantially at around midday on 27th January. The

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  • 1982 12th FIFA World Cup ¼ oz Gold Coin

    By on January 28, 2015

    The 1982 12th FIFA World Cup The ¼ oz gold piece is one of a four-coin set issued in 1982, comprising one gold, one copper, and two silver coins. They were issued as a commemorative set, celebrating the 1982 12th FIFA World Cup held in Spain between 13th June and 11th July. Italy emerged victorious over West Germany in the

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  • Coin of the Week: 1985 27g Silver Proof Panda

    By on January 26, 2015

    Zhao Online is kicking off the first round of their February auctions with session 1, featuring modern silver coins. The event begins on the 30th January and runs until the 2nd February. Among the items going under the virtual hammer is the 1985 27g silver proof Panda coin, graded PCGS PR68, and featuring a rather simple yet cheeky Panda design

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  • Auction: Y#322.1 1918 Yuan Shikai Dollar

    By on January 26, 2015

    Currently up for auction is the Y#322.1 1918 Yuan Shikai silver dollar. This silver dollar of .900 purity, typically with a weight of 26.7 g and a diameter of 39.5 mm, is presented in good condition, grading well at PCGS AU58. The obverse features the bust of Yuan Shikai (1859-1916), the warlord and self-styled emperor of the Republic of China

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  • 23rd January Market Update featuring Deng Xiaoping

    By on January 23, 2015

    The last week has seen the gold price continue its rising trend since the start of January, at times over briefly exceeding the heights of 1300 USD/oz. The international price for gold at the time of writing stands at 1294.81 USD/oz, having risen from the 1275 USD/oz mark seen on Monday. Investors will be hoping that this promising start to

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  • Prospects for 2015

    By on January 20, 2015

    The state of the market for gold and silver coins in 2015 is likely to continue the trend of 2014 with a somewhat depressed market in general, and a lack of opportunity for strength across the board.  But there will, as ever, be strong performers; some predictable, some less so.  One part of the market, namely coins floated on the

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  • Coin of the Week: 2013 1/20 oz Gold BU Panda

    By on January 16, 2015

    With the international commodities price for gold seeming to be on a recovery since the low seen on the 6th November 2014 – a time when prices fell as low at 1142 USD/oz – sales of gold bullion coins have been on the rise, with buyers who had been sitting on their hands for a while now getting back into

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  • Sold at Auction: 1992 Inventions and Discoveries Compass 1 Kilo Silver Coin

    By on January 15, 2015

    Heritage Auctions recently held their January world coins auction at the Waldorf Astoria Hotel in New York, with the event running over the 4th and 5th January. Of the 79 lots that went under the hammer, highlights included the 1992 Inventions and Discoveries Compass 1 Kilo silver proof coin. This piece, with a face value of 200 yuan and coming

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  • Market Update (14th January 2015)

    By on January 14, 2015

    The international gold price this week got off to a strong start once again, having gone from strength to strength since the New Year. January 12th saw the commodities gold price break through the 1230 USD/oz mark, and maintain it until late on the 13th. The gold price is now holding just below the 1230 USD/oz line, currently at 1227.95

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  • The Spring Festival in MCC History

    By on December 29, 2014

    With the announcement of the release of the 2015 New Year Greetings ¼ oz silver bullion coin, the minds of the MCC collecting community may be drawn back to the late 90s (specifically 1997, 1998, and 1999) as well as 2003 – the other years in which Spring Festival-themed (or Chinese New Year-themed) commemorative coins have been released. While three

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  • Bulletin: Release of 2015 New Year Greetings Silver Coin

    By on December 27, 2014

    The People’s Bank of China wishes us all a Happy New Year in 2015 with their latest offering to the marketplace! Chinese New Year in 2015 – according to the Lunar Calendar – falls on the 19th February, and so for those not so familiar with Chinese culture this celebration should not be confused with the Gregorian New Year; although

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  • 2000 1/10 oz Gold Kuan Yin Hologram Proof Coin & Market Update

    By on December 23, 2014

    On Monday 22nd December the Asian markets for gold commodities opened at 1195 USD/oz. Last week has seen some fairly significant international events: the US Federal Reserve swinging in favour of the Hawks, as well as the economic upheaval in Russia. All this has contributed to significant undulations and a somewhat volatile gold price within the 1180-1220 USD/oz interval. Although

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  • Market Update (19th December 2014)

    By on December 19, 2014

    The last few days have seen minor oscillations and a constant to-ing and fro-ing in the international gold price, with prices rarely straying out of the 1190 – 1200 USD/oz interval. At mid-afternoon New York time on the 17th, gold commodities suddenly dipped below 1190 USD/oz, rebounding back strongly overnight to soar up to 1210 USD/oz by early morning on

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  • Coin of the Week: 1995 50 Yuan Bimetallic 4th Women’s Congress Proof Coin

    By on December 16, 2014

    The Fourth World Conference on Women: Action for Equality, Development and Peace was held in the Chinese city of Beijing between the 4th and 15th September 1995. Chapter III, article 8 of the founding charter of the United Nations deals with the contingency for increasing equality between men and women. The World Conference on Women, which has been held four

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  • Market Update (12th December 2014)

    By on December 13, 2014

    This Friday, the 12th December 2014, the Asian commodities market opened with the gold price continuing to hover just below the 1230 USD/oz line.  Markets closed for the weekend at 1221.40 USD/oz.  The previous day had seen US crude oil prices fall to below 60 USD per barrel, and in times of such economic uncertainty gold – seen as a

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  • Shanghai Hong Sheng Auction Highlights

    By on December 10, 2014

    Tomorrow, the 11th December 2014, Shanghai Hong Sheng (Hosane) auction house will be presiding over their 2014 Autumn Auction, featuring modern Chinese precious metal coins. This round of lots (nos. 6501-6783) numbering 283 in total, is to be presented at the Shanghai National Hotel. Highlights include the 1993 Ancient Inventions and Discoveries (series 2) ¼ oz platinum five-coin set; and

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  • Market Update (5th December 2014)

    By on December 5, 2014

    Gold The fall in the price of crude oil over these last few days has given buoyancy to the international gold price, keeping it relatively stable with small adjustments above the 1200 USD/oz mark. However, an optimistic economic outlook by the US Fed has given rise to an increased confidence in an already strong dollar, putting downward pressure on the

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  • The Potential Value of a 1983 – 2015 10 Yuan Silver Panda Set

    By on December 4, 2014

    Several of our previous updates have highlighted current market prices for 10 yuan silver Panda coins, with particular emphasis on later date specifications. But what about an entire set? A basic complete set would contain 31 standard silver coins: one 10 yuan piece from each available year since 1983 up to the latest 2015 release. As there was no 10

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  • Investors vs Collectors in the Domestic MCC Market

    By on December 3, 2014

    The Modern Chinese Coins market is an ever evolving beast, which can make it hard to predict and even harder to keep pace with. That change is now happening faster than ever, especially in a digital age. Here is a summary of some of the general thoughts and sentiments of blog posters in the online Chinese community regarding the transformation

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  • Macau Auction of #1 Commemorative Panda 2 oz Gold and Silver Medals

    By on December 1, 2014

    This year’s Macau Numismatic Society Show has come to a climax with the sale of two 2014 Macau Numismatic Society Commemorative Show Panda 2 oz gold and silver medals on the 30th November. Presided over by Champion Auctioneers, the two medals, both bearing the coveted serial number #1, attracted a hefty premium. Competitive bidding for the gold piece from a range of

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  • Panda & Market Update (29th November 2014)

    By on November 29, 2014

    The Asian gold market opened on Friday 28th November at 1188 USD/oz. With the results of the OPEC conference showing that oil production would not be reduced, this has caused a slump in crude oil to below 70 USD. Generally speaking commodities markets have taken a beating across the board. Gold saw a last minute dive on Friday, with markets

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  • The Sacred Buddhist Mountains of China

    By on November 27, 2014

    The series featuring the four sacred Buddhist mountains of China seems like an attractive choice when it comes to either starting out collecting modern Chinese coins, or expanding an existing collection. So far the People’s Bank of China has issued series featuring Mt. Wutai (2012), Mt. Putuo (2013), and Mt. E’mei (2014). The fourth and final sacred mountain, Mt. Jiuhua,

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  • Market Update (24th November 2014)

    By on November 24, 2014

    Since the 17th November, the gold price has managed to hold above the 1180 USD/oz mark, and creeping slowly but surely upwards until the markets closed on Friday 21st November at approximately 1201 USD/oz. With the President of the European Central Bank, Mario Draghi, reporting below target inflation rates, and hinting at increased quantitative easing; and with the Chinese Central

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  • Record Breaking Sale

    By on November 22, 2014

    According to information divulged by a well-placed source in the Chinese coins market, two 1 kilo gold coins, featuring the Compass and Seismograph of the Ancient Inventions and Discoveries series, issued by the People’s Bank of China in 1992, have been sold for 13,800,000 yuan. The Compass The record breaking price, at today’s rates equivalent to approximately $2,252,100, was agreed

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  • The Market’s Black Sheep and Dark Horses

    By on November 20, 2014

    Each year the Lunar series always seems to manage to produce a dark horse. Each year one, perhaps two, particular coins emerge from the series and perform outstandingly well in the market. While the Lunar series is quite an extensive one, with many different coin varieties, one coin always does well. Last year it was the 5 oz coloured silver

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  • The Coin that Marked the End of an Era: 1911 Silver Dragon Dollar

    By on November 19, 2014

    The 1911 silver dragon dollar is perhaps one of the most popular of all the silver dragon dollars among numismatists and collectors. A product of the Central Tianjin Mint, they were struck during 1911 – a year of great political significance for China, as it was the year of the start of the Xinhai Revolution which resulted in the eventual

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  • The 1903 Chihli Silver Dollar

    By on November 17, 2014

    1903 Chihli silver dollars are somewhat rarer than their 1908 counterparts, mainly due to mintage. The name Chihli, or Zhili, comes from the name of a former province of northern China which included the capital, Beijing.  However, the province, home to several mints, was dissolved in 1928. The characters translate literally as “directly ruled”, indicating that the area was under

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  • Gold Price Slump Sparks Bullion Buying Frenzy

    By on November 15, 2014

    The recently depressed international gold price, which had been dithering around 1165 USD/oz, has caused a statistically significant surge in demand for the commodity over the last week or so. Investors from Germany and the USA are returning to the marketplace in their droves after several years of sitting on their hands. Markets closed on Friday at 1189.01 USD/oz, having

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  • Upcoming Auction: 50th Anniversary of the Retrocession of Taiwan 1 Kilo Silver Proof Coin

    By on November 14, 2014

    Retrocession Day is celebrated annually on the 25th October in Taiwan, and marks the day in 1945 when Taiwan was officially handed back to the Republic of China after half a century of Japanese rule. The island was ceded to Japan following China’s defeat during the First Sino-Japanese War (1894-1895) in the Treaty of Shimonoseki. At the end of the

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  • Market Update (12th November 2014)

    By on November 12, 2014

    The international gold price has once again been riding a roller coaster these last few days, going from low to high to low again at a fairly break-neck pace. Gold prices have returned to levels not seen for five years or so. Currently, gold is valued at 1163.27 USD/oz, having recovered a little from the 1142.30 USD/oz seen at the

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