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Stack's Bowers & Ponterio
Collector's Choice December 2021 Auction  30 Nov - 3 Dec 2021
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Lot 42262

Starting price: 24 000 USD
Price realized: 100 000 USD
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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. Sharply detailed with strong reflective qualities in the fields and dappled tone over both sides. In this quality, an issue that remains in constant demand from collectors seeking a relic of China's illustrious past.

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.

Estimate: $40000 - $60000

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