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Stack's Bowers & Ponterio
August 2017 Hong Kong Auction - Sess. A-E  14-16 Aug 2017
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Lot 60185

Starting price: 5400 USD
Price realized: 11 000 USD
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CHINA. Dollar, ND (1923). NGC MS-63+.
L&M-959; K-678; WS-0105. President Tsao Kun in military uniform. Struck during the relatively short presidency of Tsao Kun which began in October of 1923, the year this piece was struck. After Tsao Kun openly bribed National Assembly members with $5,000 in silver dollars to gain the presidency, the overt corruption resulted in rival factions turning against him, with Tsao Kun eventually being ousted in a coup led by General Feng Yuxiang in October of 1924. A phenomenally well preserved piece, with the military decorations on Tsao Kun's uniform nearly identifiable for each order. Exquisite detail readily evident all through the portrait. The reverse is nearly as impressive, with the flags exhibiting every crease, fold and bend. Highly lustrous, generally free of marks, the quality seen here is exceptional for the assigned grade. Fully white with brilliant cartwheel luster. NGC MS-63+.

Estimate: $9000.00- $12000.00
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