China
Yunnan. Republic 50 Cents ND (1911-1915) MS65 NGC, KM-Y257, L&M-422. Two circles below pearl variety. The joint-finest certified out of 934 seen to date by NGC, this conditionally sensitive issue boasts a satin fresh appearance nearly free of any noteworthy tone.
https://coins.ha.com/itm/china/china-yunnan-republic-50-cents-nd-1911-1915-ms65-ngc-/a/3092-39179.s?type=CoinArchives3092
HID02906262019
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Estimate: 800-1000 USD