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Stack's Bowers & Ponterio
May 2020 Hong Kong Auction  4-6 May 2020
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Lot 42012

Starting price: 39 000 USD
Price realized: 130 000 USD
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CHINA. Chekiang. Silver 7.2 Candareens (10 Cents) Pattern, ND (1902). Heaton Mint. PCGS SPECIMEN-65+ Gold Shield.
KM-Pn5; K-122I; L&M-280; Sweeny-CN3p. A gorgeous EXTREMELY RARE pattern with razor-sharp strike and prooflike fields on the character side. All devices are in perfect detail and surfaces imbued with gray and russet toning that tends to darken toward the periphery. This exquisitely elusive type almost never appears in auction and the opportunity to bid for it now should not be ignored.

It is interesting to note that the all of the necessary minting equipment to produce the coinage of this pattern series was supplied by the Heaton Mint of Birmingham, but was not utilized to place silver into circulation. There is however evidence that the minting equipment was used to some degree as 10 Cash identical to the design procured from Birmingham. Another interesting aspect is that since these issues were initially designed by foreigners the spelling of the provincial name as "CHE-KIANG" instead of "CHEHKIANG" which was the modified English inscription and later the standard spelling.

Estimate: $65000.00- $75000.00

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