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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 52278

Starting price: 21 000 USD
Price realized: 42 500 USD
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CHINA. Kiangnan. Trial 10 Cash, ND (ca. 1897). PCGS AU-55.
CCC-198. Brass. A VERY RARE and not completely understood trial coin struck during the dawn of mechanized minting in China. There are two possible facilities where this piece may have been minted, the first being the Kiangnan mint at Nanking which was erected in 1897 and was outfitted for production by the Heaton mint in Birmingham. This is a tempting attribution given the coin's own legend identifying it as a test piece. There is however the second possibility that it was struck at the Kiangnan Arsenal at Shanghai which was producing copper cash coins during the same year. Whichever the case may be the engraving of the dies seems somewhat more crude than is normally seen for either mint and was likely produced locally. An intriguing and seldom encountered piece which is in a good state of preservation, with only a few scattered signs of handling or contact. PCGS AU-55 Secure Holder.

Estimate: $35000.00- $45000.00
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