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1995 China 10 Yuan Gold - 2 Questions

 
 
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Valued Member

United States
393 Posts
 Posted 03/23/2019  10:42 pm Show Profile   Bookmark this topic Add jeffbuckes to your friends list Get a Link to this Message
Hi - I have a 1995 China 10Y gold coin... It's a nice little bit of bullion with the popular panda design. Apparently this is one of the key dates so I'm pretty happy with it ;)

I don't usually own much bullion so I don't have much experience with this. I wonder if any CCF experts can tell me:

A) Do you think this is large date or small date?

B) Does it make sense to send it in for grading?

I like coins in their natural habitat, but this one might be worth the expense. Looks like a pretty big price jump in hgher grades?




Bedrock of the Community
United States
26777 Posts
 Posted 03/24/2019  09:24 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I am not good at grading,but it does not look like a high grade. It also has some spotting on the date side and a weak .999 lettering.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Valued Member
United States
393 Posts
 Posted 03/24/2019  11:58 am  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
I agree about the spotting - but I believe that is a common problem due to the PVC packaging? Which would mean that most of these coins in the OMP would have the same problem? I imagine that some people prefer them in the OMP so that might offset the spotting, especially if this is a "key date"?

I wonder how much of the spotting is on the coin and how much is on the PVC...?

I'm one of those rare ducks that prefers circulated coinage (especially silver) so I don't have much experience with bullion gold other than what I read on-line...

Anyway, a couple more photos... I think these show stronger lettering but also more spotting:



Bedrock of the Community
United States
26777 Posts
 Posted 03/24/2019  3:12 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
The .999 lettering does look better in the new pic,but the spotting. I just looked at eBay and yours looks like a large date.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Valued Member
United States
393 Posts
 Posted 03/24/2019  7:06 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
@John1, I think you're right about the large date...

I found a bit more info at NGC that talks about this coin. They agree that this is the key date of the series and that red spots are common.

https://www.NGCcoin.com/price-guide...eseSetID=807

NGC offers a cleaning service (NCS) that can remove the red spots for a small fee (4% of the coin's value). NGC would then grade the coin for an additional fee.

https://www.NGCcoin.com/ncs-conservation

(This is all new to me as I enter the bullion market.)

Unfortunately, NGC only has official images of the large date, but I did find two decent pix on APMEX for comparison:



It looks like the "1" in the large date has a demonstrable serif compared to the "1" in the small date.

I feel like I learned something today...
Pillar of the Community
United States
1816 Posts
 Posted 03/24/2019  8:50 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
I believe that is a common problem due to the PVC packaging?


Someone who is a specialist in these coins can comment, but I would not make that assumption about reddish-brown spots. These may NOT be due to PVC residue: http://goccf.com/t/343419
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