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Heritage World Coin Auctions
Hong Kong Signature Sale 3047  22-24 June 2016
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Lot 29412

Estimate: 50 000 USD
Price realized: 36 000 USD
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Hong Kong
British Colony - Victoria Proof Dollar 1866 PR62 PCGS, Hong Kong mint, Plain Edge, KM10, Pr-1A. An important Proof issue for the specialist in the British Commonwealth and Colonial series, difficult to obtain and enthusiastically pursued when available at auction. This specimen boasts the needle-sharp details expected of a Proof-quality strike, the engraving exactingly struck up from the fully reflective fields. A series of light hairlines visible in the obverse fields, likely from a gentle wipe long in the past, are partially obscured by the soft argent tone, accentuated by purplish highlights and attractively deepening towards the rims.Prior to the issue of these Dollars by the newly opened branch mint, the official circulating silver Crown of Hong Kong was the Mexican 8 Reales. Quality control issues with the weight of these pieces led to distrust amongst the local money changers and their general rejection led to the eventual closing of the branch mint in 1868. All future minor issues of Hong Kong were produced at either the Royal or Heaton mints and Mexican 8 Reales continued to fill the role for transactions requiring Crown-sized denominations.

Estimate: 50000-60000 USD
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