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Stack's Bowers & Ponterio
August 2015 Hong Kong Auction - Sess. A-D  24-26 August 2015
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Lot 51240

Starting price: 1500 USD
Price realized: 2200 USD
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CHINA. Colonists' Centennial of Peruvian Independence Medal, 1921. PCGS MS-62 Secure Holder.
cf.L&M-997. L&M-unlisted. Silver. One would presume considerably more rare than the listed variety, the reverse legend makes reference to Huaral, a small town half way between Lima and Huacho (where San Martin landed on his advance into Lima). It stands to reason there must have been a Chinese presence there that resulted in this rare sub-type being struck. Both types were produced for and issued by Chinese immigrants in Peru in observance of the 100th anniversary of Peruvian independence from colonial Spain. Obverse features conjoined arms of China and Peru, and it is interesting to note the Chinese coat of arms overlaps the Peruvian coat of arms, even though the medal was struck at the Lima mint by Peruvians in observance of the Peruvian centennial. The Chinese heraldic symbols include a rampant dragon and peacock. It is also interesting to note this same design predates the Republic of China silver dollar patterns using the exact same heraldic device by two years (see L&M-80/81). The dollar patterns were proposed designs that unlike this medal, never saw actual production. Reverse: Nine line inscription. Very light tone with plenty of luster, the reverse features semi proof-like fields with a very light scattering of marks. A medal with a great story that is highly desirable on many levels. VERY RARE and the first example that we have seen. PCGS MS-62 Secure Holder.

Estimate: $2500.00- $3500.00
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