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Stack's Bowers & Ponterio
April 2021 Hong Kong Auction  5-8 Apr 2021
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Lot 52413

Starting price: 12 000 USD
Price realized: 80 000 USD
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CHINA. Dollar, ND (1923). PCGS MS-63 Gold Shield.
L&M-959; K-678; Hsu-24; WS-0105. President Tsao Kun in military type. A beautifully struck example of this SCARCE and highly sought after type, this exceptionally toned piece radiates with grace and beauty.

Tsao Kun's short presidency began in October 1923, after he openly bribed the National Assembly members with $5,000 in silver dollars to gain the office. This blatant act of corruption resulted in rival factions turning against him, with Tsao Kun eventually being ousted in a coup led by General Feng Yuxiang in October 1924.

Estimate: $20000.00- $30000.00

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