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    Description

    The Fourth Example Struck

    People's Republic Return to Macao gold Proof 500 Yuan 1997, KM1050, Fr-177, Proof 68 Deep Cameo PCGS. Edge Number: 004. Mintage: 228. A historic issue that shows Deng Xiaoping overlooking the city of Macao under the agreement that it would transfer back from Portuguese control to that of China. While this official transfer wouldn't happen until December 20, 1999, the agreement had been in place since 1987, and for many living in mainland China as well as Macau, this cultural "correction", must have been a celebration-worthy event indeed. The surfaces of the present example are deeply contrasted between the fields and devices and close inspection shows little evidence of mishandling. A very scarce treasure with no recent sales of this type recorded.

    Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

    Auction Info

    Auction Dates
    January, 2014
    5th-6th Sunday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 890

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