Watch List notes:

YUNNAN: Republic, AR ½ tael (liang), ND (1943-44), KM-A1.2, L&M-434, struck for use in the French Indo-China opium trade, Chinese character fu ("wealth") at center //denomination in Laotian and Chinese, bold strike with frosty luster and rainbow toning, NGC graded MS61.

Estimate: 700-900 USD