Stack's Bowers & Ponterio
April 2017 Hong Kong Auction - Sess. A-E 3-5 April 2017
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CHINA. Hupeh. Tael, Year 30 (1904). NGC MS-61.
L&M-181; K-933; Y-128.1; WS-0879. Large characters. Originally 648,000 Hupeh Taels were minted, including both large and small character types. It is unknown exactly how many of each were struck. However, it is clear that the large character type is by far the rarer of the two. In the initial proposal to produce these coins, it was also suggested to produce smaller denominations in the values of 5, 2 and 1 Mace. However, no such pieces have surfaced (even in pattern form) and it is unlikely they were ever produced. It is interesting to note that the Hupeh Taels were struck in 0.877 fine silver as opposed to the 0.960 fine silver set forth by the currency regulations of 1905. This short lived series circulated for only a brief period of time and was soon after replaced by the unified Tai Ching Ti Kuo silver coinage. Although the Hupeh Tael coinage has a fairly large mintage, most likely much of this was melted down to be made into later coinage. Sharply struck with light clear creamy tone and radiant luster. A perennially popular issue and sure to become the center piece of the collection it joins given its rarity and exceptional provenance. NGC MS-61.
Ex: Wa She Wong Collection.
Estimate: $50000.00- $60000.00
L&M-181; K-933; Y-128.1; WS-0879. Large characters. Originally 648,000 Hupeh Taels were minted, including both large and small character types. It is unknown exactly how many of each were struck. However, it is clear that the large character type is by far the rarer of the two. In the initial proposal to produce these coins, it was also suggested to produce smaller denominations in the values of 5, 2 and 1 Mace. However, no such pieces have surfaced (even in pattern form) and it is unlikely they were ever produced. It is interesting to note that the Hupeh Taels were struck in 0.877 fine silver as opposed to the 0.960 fine silver set forth by the currency regulations of 1905. This short lived series circulated for only a brief period of time and was soon after replaced by the unified Tai Ching Ti Kuo silver coinage. Although the Hupeh Tael coinage has a fairly large mintage, most likely much of this was melted down to be made into later coinage. Sharply struck with light clear creamy tone and radiant luster. A perennially popular issue and sure to become the center piece of the collection it joins given its rarity and exceptional provenance. NGC MS-61.
Ex: Wa She Wong Collection.
Estimate: $50000.00- $60000.00