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Stack's Bowers & Ponterio
April 2015 Hong Kong Auction - Sess. A-C  30 Mar-1 Apr 2015
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Lot 11409

Starting price: 12 000 USD
Price realized: 20 000 USD
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CHINA. Taiwan. Dollar, ND (ca.1836). PCGS Genuine--Repaired, EF Details.
L&M-312 (plate coin); K-7a; cf.WS-0994; Wenchao-204 (rarity three stars); Tseng-type 3c. "Prudence" military Ration Dollar or "silver cake". Edge milling of alternating circles and squares, similar to that of a Spanish colonial 8 Reales. For the predominant part of the nineteenth century, Taiwan remained under the control of the Qing court as part of Fukien province. Taiwan saw great civil unrest during the Qing Dynasty, with rebellions and riots occurring on a regular basis. This period evoked the common saying "every three years an uprising; every five years a rebellion". This military Ration Dollar was struck in the sixteenth year of Tao Kuang (1836) during one such rebellion. The rebellion was quelled in the twenty-first year of Tao Kuang (1840) at a total cost of nearly 100,000 Taels. EXTREMELY RARE as most examples have since been melted and no longer exist. This example is quite exceptional bearing only the original two chopmarks which were applied. Smoothing and tooling is evident across much of the surface and around some of the devices. Darkly toned. PCGS Genuine--Repaired, EF Details.

Estimate: $20000.00- $25000.00
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