China
Sinkiang. Kuang-hsü Sar (Tael) ND (1905) XF45 PCGS, L&M-814, KM-Y7.2, Kann-1011. Obv. Inscription in circle, "Ration Silver 1 Tael." Rev. Dragon with Turki inscription. The dragon is not in a beaded ring. Considerable remaining luster, with an adequate strike and small areas of dark staining on the obverse. Rare.
Estimate: 10000-15000 USD