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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 40324

Starting price: 420 USD
Price realized: 12 000 USD
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CHINA. 20 Cash Commemorative Token, ND (ca. 1918). Tientsin Mint. PCGS MS-65 BN Secure Holder.
32 mm. cf.Duan-3626. Struck in copper, reverse blank (not uniface). It is theorized that the production of these pieces was ordered by a high ranking official, thought to be the director of the Tientsin mint, in 1918 the lunar year of the horse to commemorate the birth of his new son. Three denominations were made (5 Cash, 10 Cash and 20 Cash), but due to their intricate high relief designs the reverses were left blank. The dies were produced by die-sinking and hubbing presses rather than the normal coining press. The following year in 1919(year of the goat) silver tokens were made to commemorate the birth of a new baby girl(see L&M-1000A). Well struck with good definition of the fine details. Minor encrustation and spotting with a streaky reverse. An interesting series worthy of further research. Sharply struck with rich chocolate and mahogany patina over smooth fields. An interesting series worthy of more in depth research. PCGS MS-65 BN Secure Holder.

From the Q. David Bowers Collection.

Ex: R. B. White.

Estimate: $700.00- $1000.00

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