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Stack's Bowers & Ponterio
April 2021 Hong Kong Auction  5-8 Apr 2021
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Lot 52558

Starting price: 240 USD
Price realized: 360 USD
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(t) CHINA. Hunan Soviet. 20 Cash, ND (1931). NGC Genuine.
An interesting and SCARCE countermarked issue displaying a hammer and sickle within a 5-pointed star applied to the obverse of a Hu-Poo imperial 20 Cash. This countermark appears on usually heavily worn Imperial or Republican 10 and 20 Cash issues such as the case with the present survivor. Both the obverse and reverse exhibit light surface porosity with minor earthen deposits as is commonly encountered on examples of this type. Despite its shortcomings, an interesting issue sure to add depth to the next collection it enters.

It is claimed that these were once found among bags of Chinese coppers that were being melted by the Japanese during WWII; in total, it is believed that around 100 were found out of 30,000 coins.

Estimate: $400.00- $600.00

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