Watch List notes:

CHINA. Kwangtung. 1 Mace 4.4 Candareens (20 Cents), ND (1889). PCGS AU-55 Gold Shield.
L&M-130; KM-Y-196.1; WS-0938. "Reversed Pattern" with corrected denomination. A sharply struck, highly attractive coin with abundant remaining luster and lovely toning throughout. A highly sought after prototype from the prolific Kwangtung mint with the design that once modified by switching the outer Chinese and English legends would become the standard design for all other provincial dragon coinage.

Upon the realization that the first Kwangtung issues were being gathered from circulation and melted for their extra silver content, authorities quickly ordered a modification to the new coinage design. New patterns were produced at the Kwangtung Mint using hubs supplied by the Birmingham Mint. Essentially these were identical to Allan Wyon's original design with a few modifications. The weight of the Dollar was changed from 7 Mace 3 Candareens to 7 Mace 2 Candareens with similar modifications for the corresponding smaller denominations. Another subtle change that was made, but only on some denominations, was the addition of small rosettes at either side of the dragon. Like the "Seven Three" coinage, this new modified design was destined for failure. The overall design failed to meet with the approval of the Peking authorities due to the placement of the Chinese and English legends. The mint was then instructed to shift the English and Chinese text to the opposite sides of the coins. This and the previous series have come to be known as the "Reversed Pattern" series for this reason. EXTREMELY RARE denominated 1 Mace 4.4 Candareens, much RARER than the previous issue with the 1 Mace 4.6 Candareens denomination.

Estimate: $30000.00- $50000.00