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172

CHINA 1995 Return of Taiwan 2000 Yuan 1Kg Gold Proof, NGC PF69 ULTRA CAMEO

Currency:CNY Category:Coins & Paper Money / World Coins - Asia Start Price:2,000,000.00 CNY Estimated At:2,000,000.00 - 3,000,000.00 CNY
CHINA 1995 Return of Taiwan 2000 Yuan 1Kg Gold Proof, NGC PF69 ULTRA CAMEO
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CHINA 1995 2000 Yuan 1 Kg .999 Gold Proof, 50th Anniversary of Taiwan's Return to China, Mintage 25, Coin Number 15, NGC PF69 ULTRA CAMEO.

This is one of the rarest and most important 1 kilo gold coins of China. It is the first Chinese Modern China with a Map in its design and celebrates an important historic event. The authorized mintage is 25 but the actual survival rate may be much lower. There have been only four transactions in the past five years. One was part of a complete set which sold in December 2010 at Champion for US$1,495,000. There was also a private transaction in early 2011 for RMB 3,800,000 (US$590,000), an August 2011 Champion Auction a NGC PR-67 sold for USD 590,000, and an August 2013 Hong Kong auction a NGC PR-69 sold for USD 575,000. This example is one of three graded by NGC as PR-69, Champion Auction was involved in the sale or grading submission of all four example listed above. As most coins were sold in Taiwan, it is very rare in the West.
The obverse has superb ultra cameo contrast with sharp detail of the Map design.

For 50 years from 1895, when the Sino-Japanese War ended, to 1945 Taiwan was governed by Japan. In August 1945, when China finally won the Anti-Japanese war, Japan returned Taiwan to China. On October 25 1945, at 10 a.m. a grand rite of Japan's Surrender was held at Zhongshan Hall, Taipei. The date October 25 was recognized as "Taiwan's Return Day" since then. On October 25, 1995, to celebrate the 50th anniversary of Taiwan's return to China, a set of gold and silver coins was distributed by the People’s Bank of China. It features 8 designs and has a mintage of 17223. All coins of this set were issued with a Guaranty Certificate by Zhu Rongji, President of People's Bank of China at that time.

The obverse sides share the image of the Great Wall, while the reverse sides have two different designs. Some were designed with map of Mainland China and Taiwan, the others were designed with Taipei Zhongshan Hall and the Chinese legends of the "Taipei Zhongshan Tang". This set of coins was considered of great significance and with elegant designs. It is not only the first Chinese map coin, but is the unique Chinese coins engraved with writing from Chiang Kai Shek! Due to its impressive significance and its special historical meaning, the set of coins attracted a great deal of interest from global numismatic enthusiasts and was called "a great treasure."
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