Stack's Bowers & Ponterio
September 2021 Hong Kong Auction 27 Sep - 1 Oct 2021
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CHINA. Dollar, ND (1923). Tientsin Mint. PCGS MS-63.
L&M-959; K-678 = KM; WS-0105. Tsao Kun in military attire/Proclamation of the Constitution commemorative. A beautifully struck and nicely preserved example of this SCARCE and highly sought after type, this bright and flashy piece boasts flashy surfaces with frosty intricate devices. A thin layer of patina adds a bit of character to this sought after issue sure to be a welcome addition to the next collection it enters.
L&M-959; K-678 = KM; WS-0105. Tsao Kun in military attire/Proclamation of the Constitution commemorative. A beautifully struck and nicely preserved example of this SCARCE and highly sought after type, this bright and flashy piece boasts flashy surfaces with frosty intricate devices. A thin layer of patina adds a bit of character to this sought after issue sure to be a welcome addition to the next collection it enters.
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.
From the Hobart Collection.
Estimate: $40000 - $60000