China
Kuang-hsü 20 Cash ND (1903-1905) AU50 PCGS, KM-Y5aa. A difficult type in better states of preservation, the offering at hand featuring tan brown surfaces with a lightening of the devices against the fields lending a clean visual contrast.
https://coins.ha.com/itm/china/empire/china-kuang-hsu-20-cash-nd-1903-1905-au50-pcgs-/a/61165-97100.s?type=CoinArchives61165
HID02906262019
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Estimate: 400-600 USD