China
Kiangnan. Kuang-hsü Mule 10 Cash CD 1906 MS65 Brown NGC, KM-YA140, CL-KN.48, Duan-0518. Pairing a TAI CHINA TI KUO obverse with a Kiangnan water dragon reverse die. Among the finest certified examples of this scarce mule at NGC, showing just a trace of red color around the lower coils of the dragon's body.
https://coins.ha.com/itm/china/kiangnan/china-kiangnan-kuang-hsu-mule-10-cash-cd-1906-ms65-brown-ngc-/a/3092-38174.s?type=CoinArchives3092
HID02906262019
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Estimate: 1000-1200 USD