Rare Chinese Coins Lead Heritage HKINF Auctions Above $14.3 Million
Completion of Lunar Cycle’ 2000 Yuan Tops Event at $576,000
AN EXCEEDINGLY RARE Chinese coin, struck in commemoration of the completion of one full lunar cycle since the start of the lunar series, sold for $576,000 to lead Heritage Auctions’ HKINF World & Ancient Coins Platinum Session and Signature® Auction July 7-9.
The $11,967,441 event was part of the Hong Kong International Numismatic Fair, which also featured Heritage’s HKINF World Paper Money Signature® Auction, which totaled $2,365,998. Both events were virtually sold out; between them, they drew 3,438 bidders in pursuit of 1,838 lots. With a sell-through rate of 99.8 percent and total combined sales of $14,333,439, this was by almost every metric Heritage’s most successful Hong Kong auction ever.
Three lots sold for more than half a million dollars: the top lot was People’s Republic gold Proof “Completion of Lunar Cycle” 2000 Yuan (Kilo) 1992 PR69 Ultra Cameo NGC. A Republic