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Stack's Bowers & Ponterio
April 2018 Hong Kong Auction - Sess. A-E  2-4 Apr 2018
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Lot 40279

Starting price: 9000 USD
Price realized: 30 000 USD
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CHINA. Pattern Cash (Wen), ND (ca. 1903?). Tientsin Mint. PCGS SP Genuine--Environmental Damage, Unc Details Secure Holder.
CL-HB.48; Duan-2497; cf.CCC-640; cf.Hsu-4; cf.KM-Pn264. EXTREMELY RARE and one of only four known examples. Struck in brass. Due to a shortage of copper currency that affected many in the country a proposed one Cash (Wen) was prepared at the central mint at Tientsin. The proposed coinage followed the old monetary system and was rejected never to be put into full production. Minor debris and verdigris on edges account for the "Environmental Damage", though hardly distracting. Sharply struck with clear definition of the characters and attractive mottled patina. Very interesting experimental issue sure to inspire spirited bidding. PCGS SP Genuine--Environmental Damage, Unc Details Secure Holder.

From the Q. David Bowers Collection.

Ex: R. B. White.

Estimate: $15000.00- $25000.00

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