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1000 Dollars - Elizabeth II Ox

Issuer Hong Kong
Year 1985
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Engraver(s) Obverse: Arnold Machin
Reverse: Elizabeth Haddon-Cave
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Obverse lettering QUEEN ELIZABETH THE SECOND 1985
Reverse description A stylised ox rendered in an ornate linear engraving style dominates the central field, depicted in a forward-striding posture with curved horns and sweeping tail raised aloft, evoking traditional Chinese decorative art. The legend HONG KONG arcs across the upper field in Latin script, flanked symmetrically by two raised dots. The Chinese characters 香 and 港, reading Hong Kong, appear to the left and right of the ox respectively, each accompanied by a raised dot. The denomination $1000 is inscribed in the lower exergue. The design is contained within a beaded border.
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Additional information

Hong Kong's annual lunar gold series began in 1975 as a deliberate policy to capture premium bullion demand ahead of the Lunar New Year gift-giving season, when gold changes hands in the territory at rates that dwarf most Western markets. The 1985 Ox issue falls midway through the colony's final two decades under British administration, a period when the government was simultaneously managing the currency peg crisis of 1983 — when the Hong Kong dollar had collapsed to 9.6 against the US dollar before being fixed at 7.8.

KM#53 is among the lower-mintage issues in the series.

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