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China
People's Republic silver Proof Pattern "Dragon & Phoenix" 5 Jiao 1989 PR69 Ultra Cameo NGC, Shenyang mint, KM-Unl., Cheng-Unl., CC-287B. An immense rarity among modern Chinese numismatics, featuring two of the most recognizable symbols to grace the country's coinage. Certified on the edge of perfection with nary a visual detractor to dilute the prominently contrasted "Dragon & Phoenix" motifs, for which the series is named, this specimen is unrivaled, with none graded finer. Despite its stature as the smallest denomination of the series, its impact is undeniable and history fascinating. The series was originally slated to be released in 1989, but given difficulties in meeting production deadlines during a tumultuous year, the series release was delayed to the following year. According to reports, a small handful of 1989-dated issues were produced and erroneously included in the official shipment in 1990. This offering presents a truly scarce opportunity to own one of the most sought-after modern Chinese coins and will inspire fervent bidding.
https://coins.ha.com/itm/china/china-people-s-republic-silver-proof-pattern-dragon-and-phoenix-5-jiao-1989-pr69-ultra-cameo-ngc-/a/3092-38336.s?type=CoinArchives3092
HID02906262019
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Estimate: 20000-40000 USD