The 85 year old 1 yuan coin was auctioned for 32.55 million, and whoever had a delicate one was sent

Mondo Collection Updated on 2024-03-06

In a high-profile online auction this year, a 1985 $1 coin sold for a staggering 3The transaction of 2.55 million yuan has attracted great attention from the majority of collectors. This seemingly ordinary coin hides such a huge value that people can't help but have a strong interest in the coin bank at home.

However, it is important to note that there is not just one version of the 1985 1 Yuan coin, but two different versions, and their collectible value is very different. So, which version of the '85 $1 coin fetched so much? Let's unravel the mystery.

First, let's review the history of the Great Wall 1 Yuan coin. Since 1980, China has issued the Great Wall 1 Yuan coin, which is known for its exquisite design and unique coin design. Although it looks similar to a commemorative coin, it is actually a circulating coin. The Great Wall 1 Yuan coin was issued for seven consecutive years, with 1985 being the second most widely minor, reaching 16.8 million pieces. Therefore, the 1 yuan coin of this year is relatively common in the market and may be found in ordinary people's homes.

At present, the market for an old 85-year-old 1 yuan coin in good condition has reached about 60 yuan, while the brand new coin is more sought-after, with a market price of hundreds of yuan. Still, these regular versions of these coins are still quite inferior to the one that sold for them.

So, which version of the 85-year-old $1 coin will fetch **? The answer is the refined version. Proof coins have an extremely limited mintage of 4,825 pieces, making them highly collectible. The mirror-smooth surface of these Proof coins shows a high level of craftsmanship with clearly visible designs and text. Proof coins are undoubtedly more precious and rare than regular versions of coins.

In that auction earlier this year, a proof version of the '85-year-old $1 coin sold for 32.55 million yuan of ** transaction. This coin has a mirror-smooth face, which is typical of Proof coins. In addition, Proof coins are often fitted with beautiful outer packaging and are bound in sets with other coins of the same year. This packaging not only enhances the coin's ornamentality, but also further highlights its rarity.

Of course, for most collectors, finding a proof version of the $85 coin is undoubtedly a daunting task. So, what other years are worth paying attention to in the ordinary Great Wall 1 Yuan coin? The answer is the 1 Yuan coin from 1980.

The coins of this year were issued in relatively small quantities, and after years of circulation and wear and tear, the number of surviving coins was very limited. So, if you can find a good 1980 $1 coin, it will be worth a lot of money in the market.

When collecting coins, in addition to paying attention to the year and version of the coin, it is also necessary to pay attention to its condition and state of preservation. A coin that is in good condition and well preserved tends to have a higher market value.

Therefore, it is also very important for the majority of collectors to learn to distinguish the authenticity and condition of coins.

Author's Note:

Antique collecting has always been a high-profile field, attracting the attention of many collectors. However, this was followed by many fraudulent methods by auction companies, which caused countless collectors to suffer huge losses. The main reason why many people will be deceived is because they do not have a certain understanding of collectibles.

They always think that the antiques in their hands are valuable, even pricelessAnd others just took advantage of their greed and let them be fooled step by step.

It turns out that it was only in the end that it was discovered that something was not worth anything at allIt took hundreds of thousands of dollars to wake up。If you have a certain understanding of the collection, it is estimated that you will not be easily fooled.

The book "Guide to Chinese Antiques" just records the identification knowledge of porcelain, calligraphy and painting, coins and other antiques, which can make people realize what kind of antiques are valuable.

At the same time, it also contains the knowledge of antique auctions, so that people know what kind of auction companies are reliable, and help analyze how not to be deceived.

The book records various auction routines and acquisition frauds, and the author also summarizes his own experience of being deceived, so that people can recognize the current auction market tricks and understand how the other party is deceived.

The book also contains tips on how to sell your own collectiblesThere was once a Tibetan friend who was deceived and bruised, and later bought this book to realize that those so-called auction acquisition companies are simply nothing, but only after reading this book did he know how to realize the collection.

This book can make people take fewer detours, ** is only a few dozen yuan, which is better than being fooled for hundreds of thousands of dollars. If it doesn't work, feel free to comment on me.

In today's society, the market for antique collecting is growing, and more and more people are joining the ranks of antique collecting. However, as the antiques market boomed, more and more fraudulent methods also appeared.

Some criminals take advantage of people's lack of understanding of antiques and deceive people through various means, causing people to suffer huge economic losses.

Therefore, it is very important for those who are interested in collecting antiques to improve their cognitive level and learn relevant identification knowledge.

The book "Guide to Chinese Antiques" is a very good learning tool. It not only contains a wealth of antique appraisal knowledge, but also records various auction routines and acquisition frauds, and the author also summarizes his own experience of being cheated, which can make people recognize the sinister nature of the current auction market.

By studying this book, people can have a deeper understanding of the operation of the antique collection market, improve their identification ability, and reduce the risk of being scammed.

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