China
Hupeh. Republic Yuan Shih-kai 20 Cents Year 9 (1920) AU58 NGC, KM-Y406, L&M-191. A rare one-year type, often confused for the general Republic issue (KM-Y327), with the bust Yuan Shih-kai on the obverse and a wreath on the reverse. Pleasing throughout, this example displays delicate satiny surfaces with pale yellow tone on both sides. Also well-struck for the issue, just the barest trace of friction over the highpoints defines the grade. Among the nicest examples we've seen offered, with the finest being a NGC-graded MS63 that brought just short of $50,000 in a 2011 auction.
HID02901242017
Estimate: 4000-6000 USD