2014 Macau Grand Prix Panda Medals
Issued for the 2014 first International Macau Numismatic Association Coin Show held in Macau in December 2014. 2014 saw Macau host two coin shows and auctions by highly respected firms as Champions Auction and StackBowers. All were received well and successful.
Champions Auction sold a silver and gold 2014 Macau Grand Prix. They both had the distinction of being numbered 001 and prices for the silver was a staggering USD$24,500 and the gold equally high at USD$ 34,600.
With a mintage of only 1,000 pieces. Their popularity is sure to be sustained in the market.
2014 Macau Numismatic Society Annual Expo 11/27-30
2 oz. China Silver Panda
Material: .999 Pure Silver
Type: Concave Silver Strike
Weight: 2 oz (62.208 grams)
Diameter: 40.00 mm
Mintage: 1,000 (Individually Numbered Pieces)
Macau Grand Prix
The Macau Grande Premio series began in 1978 with issuance of the 25th Anniversary commemorative 100 Patacas silver and 500 Patacas Gold. A very limited number est. 10 Platinum 100 Patacas commemoratives were also issued to mark this auspicious event.
Ten years later in 1988 Macau again issued Grande Premio commemoratives to celebrate the running of the 35th races. Again a 100 Patacas silver and 500 Patacas gold were issued. For the first time a 5 oz silver was introduced. Also a very rare a beautiful 12 oz silgold was minted.
In 1993, the coins issued portrayed both the car and moto grand Prix on the obverse of the commemoratives. The 100 Patacas and 500 Patacas in this year a re particularly hard to find and highly sought after. Again 5 oz coins were minted in both silver and gold.
The popularity of the Macau Grande Premio series is ever growing as it continues to provide interesting turn-ups. For instance, the 1978 issuance comes with a surprise Copper-nickle pattern coin. Est is 12 however, recent history indicates the are up to fifty coins spotted in the market to date. Still it is a rare coin that commands high prices at auctions.
As noted earlier, 1988 issuance produced up to 10 Platinum 100 Patacas pieces. Also, in this year a silver 10,000 Patacas which looks to be a trail strike of the 5 oz gold. To date there has only been sighting with the pattern selling for a hefty price at auction in 2012.
The final issuance to date and again adding another twist to this interesting series. 2015 saw the issuance of a Macau Grande Prix medal in celebration of the first Macau International coin show. 1000 pieces were minted each displaying it’s unique number on the medal. Combining Macau to the Motherland China it was only right that on the obverse of this medal would display two Pandas along side Macau famous Ruins of St. Paul’s World Heritage Site.
Incredibly, coins numbered 001 in both silver and gold were auctioned off in Macau in December of 2014. The silver sold for USD$ 24,500 and the Gold for 43,500.