China
Tibet. Theocracy Rupee ND (1933-39) AU53 PCGS, Chengdu mint, KM-Y3.5, L&M-357. A very rare variety, pairing the small head and collar with the horizontal rosette on the reverse. KM lists this type as an emission of the Kangding mint, but the "si" character corresponds with issues of Chengdu.
HID02901242017
Estimate: 2000-2500 USD