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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 11411

Starting price: 2400 USD
Price realized: 11 000 USD
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CHINA. Taiwan. Ju-I Military Ration "Lotus" Dollar (6 Mace 8 Candareens), ND (1853). NGC VF Details--Holed, Chopmarked.
L&M-323; K-2; C#25-4; Chang Foundation-pg. 50#19; Wenchao-pg. 172#178 (rarity three stars). The Taiwan Treasury supplied the silver to produce this issue in order to pay for military rations and soldiers. These were issued during a period of uprising in 1853 which lasted several months. Struck in the city of Taiwan, once the uprising was put to an end, minting of this coinage ceased. This would suggest a very low mintage for this type. Normally, this type is found in average to low condition, often heavily chopmarked. Holed for suspension at 12 o'clock. NGC VF Details--Holed, Chopmarked.

Estimate: $4000.00- $6000.00
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