China
Chekiang. Empire 50 Cents ND (1898-99) AU58 NGC, L&M-283, K-120, KM-Y54. Light gray toning over lustrous surfaces, with only slight rubbing on the highpoints and a very few small contact marks. A superior example of this very rare issue and the only 50 Cent type issued by Chekiang Province.
Estimate: 7000-9000 USD