Expert: PAPAJACK - 1/29/2007

Question
I have the complete set of Chinese lunar calendar gold coins issued by the
Hongkong government between 1975-1990. There are 15 in the complete
set, including two Royal Visit coins. I have the supporting documents and a
special presentation case sold through the HK Bank. Mine are proof coins. As
I no longer live in Hongkong, I wonder what my options are for selling these
coins? At one time I calculated that they were worth $10,000-12,000. How
might I go about selling them? Where is the best place? And what sort of
commission could I expect to pay? And of course I'm concerned about
security--dealing with someone reputable.
Many thanks if you're able to answer my questions.
Jim

Answer
Hello Jim,   

Is this one of the set you have, $1,000 denomination 1987 rabbit ?
 
http://www.taxfreegold.co.uk/images/1987hongkong1000dollarsproofrabbitobv240.JPG
http://www.taxfreegold.co.uk/images/1987hongkong1000dollarsproofrabbitrev240.JPG

There were no HK Gold Coins since 1997, when it was returned to China.

If it is not please write me back. I will keep looking.
If this is the set I am afraid you will not realize such a high price if sold in the USA.

Although Hong Kong has had its own coinage since 1863, its first gold coins were only issued in 1975, the first being a $1,000 coin issued for the visit of Queen Elizabeth II. This was followed from 1976 to 1987 by a series of One Thousand Dollar coins, each with a different design themed on the Chinese lunar calendar.

Technical Specifications are - Denomination $1,000, Diameter 28.40,  Weight 15.97,  Fineness .9166 and Gold Content  .4708 ounce each.
 

1980 Monkey    Proof 18,000 pc mintage is still available for $360  
And then I see the
1987 Rabbit    Proof pc mintage is still available for 12,000  $460  
1997 Handover     Proof 97,000 pc mintage is still available for   $360  
    to China
1998 Opening of Chek Lap Kok Airport Proof 15,000 pc mintage is still available for    $460  
    
Or the pair 1997 & 1998 Proof for $800  in Box with Certificate

With gold at $647 per ounce it is still a far cry from the face value put on the coins of 1000 each.

Sorry I could not be more help but there is another expert in this category at this site who can answer you.
Brad Swain at:
http://www.allexperts.com/user.cgi?m=4&expID=21130&catID=2297

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Thank You and Good Luck

PapaJack