Watch List notes:

COINS . CHINA – TAIWAN. Taiwan Patterns. Taiwan: Silver Pattern 5-Chiao, Year 38 (1949), Obv bust of Sun Yat-Sen left, Rev no inner circle, incuse boundary lines on map, 44 lines on ocean, reeded edge, 24.3mm (L&M 334). Uncirculated.

Estimate: US$400-500