Chinese Privy Coins – ‘World Prestige Collection of Bullion Coins’ Sets | New Coin Releases

Chinese Privy Coins – ‘World Prestige Collection of Bullion Coins’ Sets

Are you in the market for ultra low mintage gold and silver privy coins? If yes, look no further than the Bank of China’s ‘World Prestige Collection of Bullion Coins‘ sets released in 2013 and 2014.

014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy

2014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy

Every year the China Gold Coin Incorporation (CGCI) releases a world coins set into the market. These Bank of China-commissioned Prestige sets, intended exclusively for the Chinese market, normally include well-recognized world silver bullion coins such as the Australian Koala, Canadian Maple Leaf, Chinese Panda, American Silver Eagle and Austrian Philharmonic.

China Gold Coin Incorporation (CGCI)

The CGCI, an incorporation founded in 1987, operates under the direct supervision of the People’s Bank of China. This Beijing based company is the primary designer, producer and distributor of Chinese gold and silver bullion coins, including commemorative coins. They distribute these coins via a network of distributors, both in China and abroad.

2013 Chinese Privy Koala – Hard to Find

The CGCI commissioned The Perth Mint in Australia to design and produce the 2013 Chinese privy Koala. This coin with a “Year of the Snake” Chinese privy mark was added to the 2013 The World Prestige Set – making it a first in terms of the mentioned sets. This was done in order to make the sets even more attractive, hoping that it will lead to an increase in sales. Beyond this, the privy mark establishes this is a coin intended for the Chinese market, although produced outside China in Australia.

2013 Chinese Privy Koala

When all was said and done, the declared mintage of the 2013 Australian Koala 1 oz. silver bullion coin with Chinese privy mark came in at a total of 10,392 coins. This was well below the maximum authorized mintage figure of a 100,000 coins. These coins were initially only sold as part of these sets, but with sales lagging, the decision was made to sell these coins individually as low premium silver bullions coins to the public in China.

2013 The World Prestige Set

2013 The World Prestige Set

Nonetheless, Australian bullion specialists, Perth Bullion, bought back some of the remaining Chinese privy coins and made it available for sale. This is how an estimated 500 of the 2013 Chinese Privy Koalas ended up outside mainland China.

These coins have recently sold on eBay for an average price of about $240 per coin, a massive appreciation. This is despite the fact that the 2014 Australian Koala 1 oz. silver bullion coin with Chinese privy mark have a declared mintage of only 8,397 coins – almost 20% less than the declared mintage of the 2013 Chinese Privy Koala!

What makes a big difference though is the fact that far less of the 2013 coins ended up outside mainland China than the 2014 ones. The 2014 Chinese Privy Koala has recently sold for an average of $50 per coin on eBay. It is still relatively readily available. This while the same could not be said of the 2013 one, which is a tough find at best.

2014 The World Prestige Set

2014 The World Prestige Gold Silver 4 Coins Set “China Edition”

The Royal Canadian Mint (RCM) was commissioned for the first time by the CGCI in 2014 to produce two double privy maple gold and silver bullion coins, namely:

2014 Canada 1/10 oz. Gold Maple Leaf with Horse Privy + Chinese Horse Privy in Ancient Character (Mintage: 250) – This double privy gold coin was only available as part of the box set in terms of the “2014 The World Prestige Set.” Only 250 of these box sets were issued, making this 2014 gold maple leaf double privy coin the lowest mintage bullion coin ever produced by the RCM.

Gold Maple Leaf with Horse Privy

2014 Canada 1/10 oz. Gold Maple Leaf with Double Privy

2014 Canada 1 oz. Silver Maple Leaf with Horse Privy + Chinese Horse Privy in Ancient Character (Mintage: 500) – 250 of these coins were available in pliofilm mint packaging and another 250 were available as part of the box sets mentioned.

Silver Maple Leaf with Horse Privy

2014 Canada 1 oz. Silver Maple Leaf with Double Privy

As noted above, both these low mintage double privy gold and silver bullion coins were included in the Bank of China’s ‘World Prestige Collection of Bullion Coins‘ set of 2014. These 2014 coins, produced for and sold exclusively by the Bank of China, are said to be the rarest of all the privy maples!

Other gold and silver bullion privy coins that were included in the 2014 sets and that were also available for sale as individual coins, include:

2014 Australia 1/10 oz. Gold Kangaroo with Chinese Horse Privy in Modern Character (Mintage: 3,591) – This coin was discussed in the article posted here

Gold Kangaroo with Chinese Horse Privy

2014 Australia 1/10 oz. Gold Kangaroo with Chinese Horse Privy

2014 Australia 1 oz. Silver Koala with Chinese Horse Privy in Modern Character (Mintage: 8,397) – This coin was discussed in the article posted here.

2014 Silver Koala with Chinese Horse Privy

2014 Australia 1 oz. Silver Koala with Chinese Horse Privy

When all was said and done, sales of the 2014 sets and coins came in even lower than the case was in 2013. The reason(s) for this are unclear, but it might be that politics and a softer demand for world coins in China played a role. As a result, The Perth Mint has already confirmed, moving forward, that there will be no more Chinese privy coin releases. Interestingly enough, many of the sets were given to VIP clients by the Bank of China.

Nonetheless, it leaves highly collectible, low mintage “Western” gold and silver bullion coins with a strong Chinese connection – an attractive addition to any collection.

Why should you purchase these Chinese privy coins?

Available in an Ultra Rare Low Mintage 4 Coin Box Set with CoA – I’ve managed to track down a reliable source for the 2014 Chinese privy coins. William of ModernCoinHK, based in Hong Kong, offers these coins in various options, including the highly limited 2014 The World Prestige Gold Silver 4 Coins Box Set (see below). According to my estimates only about 10 of the 250 box sets are available for sale outside mainland China. These box sets can be ordered via his website or eBay store. I expect these sets to sell out fast once the market becomes aware of it. Be sure to order yours soonest.

2014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy 1

2014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy 2

2014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy 3

Precious Metals Content – The gold and silver content of the coins serve as a protective value floor beyond the numismatic value of the coins. E.g. the box set contains 2 oz. of silver and 1/5 oz. of gold. At the current silver price of more or less $14.00 and a gold price of more or less $1070, the melt value of the set currently sits at more or less $240.

Low Mintage – These gold and silver bullion Chinese privy coins are all low mintage coins. E.g. the 2014 Canada 1/10 oz. Gold Maple Leaf with Double Privy has seen a declared mintage of only 250 coins – making it the lowest mintage bullion coin ever produced by the Royal Canadian Mint (RCM).

Mint Condition: It is hard to find these coins in mint condition, if they can even be found at all in raw ungraded form. This is due to weather conditions, poor storage and mishandling of these coins that were issued as bullion coins in China. Fortunate for us, ModernCoinHK offers many of these coins in mint condition, including the coins that come with the 2014 China “World Prestige 4 Coin Set.”

Rarest of all the Privy Maples: The above mentioned 2014 Canada 1/10 oz. Gold Maple Leaf with Double Privy and 2014 Canada 1 oz. Silver Maple Leaf with Double Privy are the rarest of all the privy Maples. Buy the box set and you get to own both of these coins.

2014 Australia Canada Gold Silver Set Maple Koala Kangaroo Chinese Horse Privy 4

GoldUSD 1,297.00   per Ounce
SilverUSD 16.97   per Ounce
PlatinumUSD 927.70   per Ounce

SD Bullion

The Lowest Cost. Period.

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