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Stack's Bowers & Ponterio
March 2019 Hong Kong Auction  25-27 Mar 2019
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Lot 60165

Starting price: 12 000 USD
Price realized: 16 000 USD
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CHINA. Fukien. Silver 10 Cent Pattern, Year 17 (1928). Hongshanqiao Mint. PCGS Genuine--Tooled, EF Details Gold Shield.
An EXCEPTIONALLY RARE Fukien pattern 10 Cents with accompanying 'standard' issue (L&M-851) as well as three Chinese references and various documents as put together by the collector. Only a few examples are known of these rejected patterns commemorating the Canton Martyrs. Unpublished in most reference works, and missing from nearly all monumental collections. Nearly identical to the common Canton Martyrs type of the same year (L&M-851), with the notable exclusion of the denomination "10" from the Kuomintang sun design and different reverse legend on the bottom "紀念先烈" (Jìniàn xiānliè[Remember the Martyrs]). We note only one auction record, a piece in comparable though slightly nicer condition which we sold in our Hong Kong auction April 2016 (Lot 80135) for $30,000. hammer. The present example exhibits a decent strike with good definition of the fine details with excess debris in the peripheries. Numerous light scratches from long ago where someone attempted to remove said debris, but was unsuccessful in doing so accounts for the details designation. Despite its shortcomings a handsome example with light attractive tone.

According to Xin Shimin, Liu Jingyang and Wang Zengxiang authors of "福建歷代貨幣匯編" (Fújiàn lìdài huòbì huìbiān [Fujian Historical Currency Compilation]) published Fuzhou 1998 state that a small amount of these patterns were struck at the Hongshanqiao mint and submitted to the provincial government for review. Unfortunately, since the design lacks an obvious designated denomination they were rejected as the local government thought they would be inconvenient for the market place. The design was slightly altered by removing the parallel lines from the center of the reverse in favor of "10" and the bottom portion of the legend was altered to read "每十枚當一圓" (Měi shí qiú dāng yī yuán[Every 10 is equal to 1 Dollar]). They go on to state that only a few examples are known of this extremely rare pattern.

1) Fukien 10 Cents, Year 17 (1928). L&M-856; Xin-Liu-Wang-pg.87 #44; Fujian Province Coin Society-pg.215 #22; K-not listed; KM-not listed; WS-not listed; Wenchao-not listed; Shanghai Museum-Mr. Shi Jiagan's collection-not listed; Sun-not listed; Li-Sun-Sun-not listed. PCGS Genuine--Tooled, EF Details Gold Shield.

2) Fukien 10 Cents, Year 17 (1928). L&M-851; K-714; Y-388; WS-1062. NEARLY EXTREMELY FINE. The so-called 'Standard Issue' offered as reference to accompany L&M-856 for study and comparison.

3) Three Chinese reference works: A Brief History of Fukien Coinage, Chronological Compilation of Fukien Coinage and Taipei Numismatics Society Magazine Volume 39. Additionally, photographs of the actual Martyrs memorial site, high resolution printed images and other reference material as gathered by the collector.

Estimate: $20000.00- $25000.00

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