CHINA. Reformed Government of China. Copper-Nickel 20 Fen Pattern, Year 29 (1940). PCGS SPECIMEN-62 Gold Shield.
KM-Pn4; JNDA-23-1. Struck during the Japanese Occupation by the Hua Hsing Commercial Bank in Shanghai, a financial institution established by puppet authorities of the Japanese in May 1939. Struck in Nickel. EXTREMELY RARE and the first example that we have seen. Sharply struck With light attractive tone. A great rarity that is left unpriced in the JNDA book.
Estimate: $18000.00- $22000.00