Stack's Bowers & Ponterio
April 2018 Hong Kong Auction - Sess. A-E 2-4 Apr 2018
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CHINA. Chihli (Pei Yang Arsenal). 10 Cents, Year 22 (1896). NGC AU-58.
L&M-442; K-184; Y-62; WS-0606; Wenchao-609 (rarity two stars). This RARE piece was struck in the 22nd year of Kuang Hsu and represents the first year of issue for the Pei Yang Arsenal. During the first few years of operations, the mint assigned denominations using a decimal system. The largest coin in this set is denominated as a Dollar , with subsequent equivalents for the smaller denominations. This deviated from the normal 7 Mace 2 Candareens used by most mints. According to Chinese customs report, the mintage for this issue was a mere 5,000 pieces. Sharply struck with soft satin luster and quite attractive. NGC AU-58.
Estimate: $3500.00- $5000.00
L&M-442; K-184; Y-62; WS-0606; Wenchao-609 (rarity two stars). This RARE piece was struck in the 22nd year of Kuang Hsu and represents the first year of issue for the Pei Yang Arsenal. During the first few years of operations, the mint assigned denominations using a decimal system. The largest coin in this set is denominated as a Dollar , with subsequent equivalents for the smaller denominations. This deviated from the normal 7 Mace 2 Candareens used by most mints. According to Chinese customs report, the mintage for this issue was a mere 5,000 pieces. Sharply struck with soft satin luster and quite attractive. NGC AU-58.
Estimate: $3500.00- $5000.00