Estimate: 80000 USD
Price realized: 160000 USD
Anhwei. Kuang-hsu Dollar ND (1897) MS66 NGC, Anking mint, KM-Y45, L&M-195, Kann-49. A truly immaculate coin. The strike is superb and the gleaming lustrous surfaces display a touch of golden patina. No mentionable flaws are noted and the overall appearance is stunning. One of the great condition rarities of the Provincial Chinese Dollars, with a total of only seven pieces certified in Mint State by NGC and PCGS combined. This is by far the finest example, with one other piece certified in MS64 and the other 5 Mint State examples are MS61-63. We do not hesitate to state that we feel this piece is the finest known UNC 1897 example, certified, or uncertified.
Ex. W&B Capital Collection
The mint in Anking operated only from 1897-1899, with Dollars struck only in 1897 & 1898. There are no records of coin production from the Anking mint, but the rarity of Mint State coins, for the 1897 issue, would tend to make one think the mintage is very small. The only Anhwei Dollar in equivalent condition to this coin is a MS66 example of the more available 1898 Dollar. This beautiful coin was sold by Champion Auctions in their November 30, 2014 Macau auction for $112,000, including the buyer's fee.
Estimate: 80000-100000 USD