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Stephen Album Rare Coins
Auction 26  15-17 September 2016
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Lot 674

Starting price: 120 USD
Price realized: 190 USD
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QING: Guang Xu, 1875-1908, AE cash (2.95g), Tianjin mint, Zhili Province, H-22.1460var. Hsu-410.2, very small characters obverse, much scarcer variety, About Unc, R. Struck on the 7-8 fen weight standard rather than the nominal 1 qian standard as the weight is only 2.95 grams and thus was likely struck after the mint reopened in 1896, but before it shut down in 1900. Like other provincial mints in the late Qing Dynasty, the mint in Zhili was producing 1,000 regulation struck cash coins at the cost of 2,237 cash and thus losing a great deal on the production of these coins. This explains the rarity of most provincial machine-struck square hole cash coins, with the exception of Guangdong and Fujian provinces. Most mints returned to casting cash coins as the costs of using western machinery to produce them was not cost-effective.

Estimate: 150-200 USD
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