Watch List notes:

YUNNAN: Republic, AR ½ liang (tael), ND (1943-44), KM-A1.2, L&M-434, Lec-322, struck for use in the French Indo-China opium trade, Chinese character fu ("wealth") at center // denomination in Laotian and Chinese, tooled surfaces, PCGS graded Unc details, ex Don Erickson Collection.

Estimate: 300-500 USD