Watch List notes:

COINS, 錢幣, CHINA - REPUBLIC, GENERAL ISSUES, 中國 - 民國中央發行, Republic 民國: Copper Pattern Fen, Year 25 (1936), Obv date above Kuomintang emblem, Rev "津" below ancient spade (KM Y437 for type; CCC 738). Red brown uncirculated, rare.

Estimate: US$1,500-2,000