PCGS Grades Rare Kiangnan Province Heaton Mint Pattern Dollar
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During the Hong Kong Coin Show of April 2024, PCGS received an immensely rare Kiangnan Province Heaton Mint pattern dollar with plain edge. This coin was successfully encapsulated in our holder with a grade of SP66+CAM, marking the very first Cameo suffix designation assigned to a Chinese dragon pattern dollar with an SP prefix. The Heaton patterns were struck with a plain edge, and a security edge was added to the dies of the business-strike coins, thus the edge bears a clear distinction between the two types.
Read more: https://www.pcgs.com/news/pcgs-grades-rare-kiangnan-province-heaton-mint-pattern-dollar
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Dang
8 Reales Madness Collection
Yeah, but most of us have already known that SP is the "cop out" PR for patterns, so it was only a matter of time until PCGS decided to do this.
Even worse, is ATS has graded some patterns of the same type both MS and PR, depending on the day and grader, so the SP designation has at least some merit--consistency.
And I don't fully understand why PCGS always makes such a big publicity deal about Chinese coins. There are about 200 countries in the world, and even more coin-issuing authorities. I'm pretty sure PCGS receives cool coins from many more countries than China, yet they go unheralded.
As a recent example, there are so many cool PCGS-graded French coins in the current Margolis collection.
Way cool 😎
I am fairly certain Chinese coins are the most graded country at PCGS behind US. They have an office in China and it has been a growth area over the past 10 years. China is a segment of the market where PCGS has really good market share and they probably want to keep it as well. I think France is much much smaller by volume.
IG: DeCourcyCoinsEbay: neilrobertson
"Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me
Very nice coin.
Half million dollar plus piece.
That is impressive.