HKINF June Heritage Sale Features Early 20th Century Stellar Coins
A collector’s choice of world and ancient coins from the nearly 1,000 lots on offer could see contemporary Chinese coins poised to increase their market share in the spring. Official auctions of Hong Kong International Numismatic Fair.
The coin show itself has been rescheduled for December, due to occasional outbreaks of COVID-19 around the world. However, Heritage Auctions is holding its coin and currency auctions as scheduled from June 25-27.
“We continue to see strong interest from collectors in contemporary Chinese coins,” said Cristiano Bierrenbach, executive vice president of international numismatics at Heritage Auctions. “The market still revolves around the top-ranked vintage pieces, but there is no denying that the auction prices behind contemporary pieces continue to rise year after year.”
Among the stellar selection of coins from the turn of the 20th century, condition reigns supreme this season.
the the most beautiful classified specimen of a Chinese dollar “standard model” Kwangtung, circa 1890-1908, SP67 PCGS, preserved in such splendid originality, that it is the finest classified in the PCGS by two points. With the added attraction of being formerly in the collection of the American Numismatic Society Museum, this coin is sure to grab the attention of all high-end collectors of ancient Chinese coins.
From the same period, a 1911 Chinese Dollar Hsüan-t’ung Silver Motif “Dragon with Long Whiskers” Year 3, MS63 NGC, is an exquisite example of extreme rarity and artistic achievement. Luigi Giorgi’s 1911 long-whiskered dragon motif is one of the most instantly recognizable and sought after Imperial silver dollars. Its MS63 score is close to the top of the NGC census.
A 1900 Chinese dollar Kirin Kuang-Hsü “flower basket”, MS62 PCGS, presents collectors with a rare and attractive large print variety, a find of a type very difficult to find in this condition. The 1900 Kirin Flower Basket dollar does not come up for auction often, and when it does, it is almost always in circulation. The proposed specimen is a fully Mint State example among the less than 100 copies certified by PCGS and NGC, of which only a dozen are in mint condition.
Four contemporary Chinese currencies present themselves as historical and aesthetic representatives in their respective fields.
A Near-perfect two-piece dragon and phoenix set from 1989, PR69 Ultra Cameo NGC, is the very first set of its type to appear at auction. A set that certainly sits alongside the greater rarities of the modern Chinese series, the 1989 Dragon and Phoenix “Patterns” are widely regarded as one of the hardest to obtain numbers produced by the People’s Republic, with perhaps be only a handful; the whole in this two-piece format is presumed unique.
The coin game is a treasure with a past steeped in history. The contract for the Dragon and Phoenix mint program was signed in Beijing in May 1989, with coins to be issued in September of the same year. Due to unforeseen delays, the Mint revealed that the coins would not be available until December, which led to the decision to change the date of the coins to 1990 and issue them early this year. In the years that followed, it was discovered that very few pieces in the program were dated 1989.
Immensely rare money 1989 “Dragon & Phoenix” 5 Jiao proof model, Ultra Cameo NGC, is one of the smaller denominations of the barely encountered series and features two of the most recognizable symbols to adorn the currency of the People’s Republic. Certified at the limit of perfection without any visual detractor to dilute the very contrasting “Dragon & Phoenix” motifs, for which the series bears the name, this specimen is without equal, none is better classified.
To complete the Dragon & Phoenix pattern issues offered in this auction, 1989 People’s Republic Gold Proof Pattern “Dragon & Phoenix” 10 YuanNGC, Proof Details (Removed From Jewelry), represents a very elusive type of pattern that is only very rarely available on the market. Testifying to the rarity of this pre-production number, the heritage numismatists were only able to locate a single copy previously sold at auction.
Additional highlights include:
A magnificent 2017 Elizabeth II Gold Proof Britannia 800 lbs (30 oz), PR69 Ultra Cameo NGC, which is sought after as a massive gold issue whose punchy presentation, limited mintage and gold weight make the offering a true prize in modern British numismatics.
an almost “Bamboo” dollar of the Republic of Kweichow 1949 uncirculated Year 38 (1949), AU50 NGC, is a considerable rarity for this highly collectable province whose silver coins are among the most popular in the Republican series. Perhaps even more elusive than the famous Auto Dollar and the first ever offered by Heritage Auctions, the Bamboo Dollar was produced in the turbulent mid-1940s, being the last issue produced before the Communist victory in October of the same year. .
A classic Chinese provincial rarity, and which enters a state of supreme rarity as one moves up the classification scale of the Mint State, a 1904 Kuang-hsü “Great Characters” Tael Year 30, MS62 NGC, is the rarer of the two varieties known for this one-year-old type. The denomination is historically notable because it was originally introduced as part of a currency reform project based on the traditional Chinese weight system, rather than the relatively recently introduced decimal dollar system.
The official Heritage auctions for spring Hong Kong International Numismatic Fair are June 24-25, with global auctions available on HA.com.
Heritage auctions (HA.com) is the largest art and collectibles auction house founded in the United States, and the largest collectors auctioneer in the world. Heritage has offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.