Missing Blank Space Makes Chinese Peacock Coin Worth Over $100,000

The modern Chinese Peacock series of coins is always popular with collectors. But despite these coins’ popularity and beauty, you can usually purchase a high-grade 1993 Peacock 150 Yuan for under $10,000 USD or even under $5,000.

Heritage Auctions will be selling a very special piece that will likely sell for more than 10 times that amount: a rare “Devices Near To Rim” variety. What makes it so special is simply that the blank space that is normally between the design (called “devices” in coin language) and the rim (the edge of the coin) is non-existent. Instead of a nice gap between the peacock design and the rim, the devices are squished up against the rim of the coin. This missing blank space makes all the difference, as Heritage Auctions catalogers are estimating this very rare variety at $150,000 and up!

Containing a hefty 20 ounces of silver and graded a lofty NGC Proof 69 Ultra Cameo, this coin would be fairly impressive as the regular variety. However, there are only TWO examples of this variety certified by NGC. This scarce piece has also never crossed the auction block before. It will make its first appearance as part of Heritage Auctions’ July Hong Kong Sale #3084.

Check it out here: https://coins.ha.com/itm/china

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Important: All auctions until further notice will be held online only. Feel free to take advantage of our high-resolution images and videos to place bids up until the live event, and then continue to bid during the Heritage Live auction event, including live streaming audio and video.

You can also receive complimentary, virtual lot consultation for bidding in our Signature Auctions.

The Heritage staff of category specialists is always available to answer your questions and provide unbiased guidance for specific lots via phone, email and video apps. Simply send your list to Bid@HA.com or call 877-HERITAGE (437-4824) for assistance.
 

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