Watch List notes:

CHINA. Kiau Chau. 5 & 10 Cents (2 Pieces), 1909. Both PCGS AU-55 Gold Shield.
A useful pair, both toned with a trace of use.

1) 10 Cents. K-872; KM-2.

2) 5 Cents. K-873; KM-1.

According to Kann, these denominations entered circulation in October of 1909. Although this issue was met with acceptance, it remained short lived. The German involvement in World War I found the port of Kiau Chau under British and Japanese siege on August 27th, 1914, and ended on November 7th and Kiau Chau remained under Japanese control until returned to China in 1922.

Estimate: $200.00- $300.00