Stack's Bowers & Ponterio
September 2021 Hong Kong Auction 27 Sep - 1 Oct 2021
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An interesting pattern, the exact origin of which remains unknown. It was certainly not manufactured in China, and most likely produced instead in Europe. The fact that this elusive issue is not listed in many of the references is suggestive of its limited production. Though stylistically a much different product than the Paris mint patterns (CCC-777)--where the characters are larger and more bubbly--this issue also differs from the patterns produced by the Heaton mint in Birmingham (first Kwangtung dragon issues). Until more documentation turns up, its origin will remain a mystery.
Estimate: $4000 - $6000