Watch List notes:

NGC AU53 | China, Chihli (Pei Yang Arsenal), 3 Mace 6 Candareens of 50-Cents, 1897 (Kuang Hsu, Year 23), TA TSING TWENTY THIRD YEAR OF KWANG HSU | PEI YANG ARSENAL, facing dragon, triangular eyes, rev. Chinese characters, edge milled, 12h (L&M 445; Kann 187; KM Y64.1; Hsu 17), a few rim nicks, otherwise light toned overlying lustrous original surfaces, a really good very fine, very rare in higher grades, in NGC holder, graded AU53 (Cert. #6030338-001) [NGC: 1 of 1 / 3 Finer | PCGS: 3 of 3 / 5 Finer]