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Stack's Bowers & Ponterio
March 2019 Hong Kong Auction  25-27 Mar 2019
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Lot 60680

Starting price: 3600 USD
Price realized: 11 000 USD
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CHINA. Dollar, ND (1923). NGC MS-62.
L&M-959; K-678; Hsu-24; WS-0105. President Tsao Kun in military uniform. Struck during the relatively short presidency of Tsao Kun which began in October of 1923, the year this piece was struck. After Tsao Kun openly bribed National Assembly members with $5,000 in silver dollars to gain the presidency, the overt corruption resulted in rival factions turning against him, with Tsao Kun eventually being ousted in a coup led by General Feng Yuxiang in October of 1924. A well struck and attractive example displaying light mottled parchment tone.

Ex: Lin G. M. Collection.

Ex: Liu Yun Hung Collection.

Estimate: $6000.00- $8000.00

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