Watch List notes:

China, Foreign Enclaves. German-occupied Jiāozhōu (Kiau Chau) CU-NI 10 Cents. 1909. DEUTSCH•KIAUTSCHOU GEBIET, crowned imperial eagle with wings spread imposed on anchor; denomination across upper fields, date below / "Coin of the state of the great German [Empire]" in Hànzì. Kann 872; KM (Y) 2 (Kiau Chau). 3.94g, 21mm, 12h.

Extremely Fine; surfaces lacquered. Rare.

Issued for use in the German Enclave of Kiau Chau in China.