(t) CHINA. Kiangnan. 3.6 Candareens (5 Cents), CD (1901). Nanking Mint. Kuang-hsu (Guangxu). PCGS Genuine--Scratch, AU Details.
L&M-240; K-89; KM-Y-141a; WS-0843. Already boasting a rather enticing pedigree, this stunning minor--the smallest denomination in the series for which this date serves as the terminus--exhibits very little in the way of actual handling and, despite the noted scratch across the forehead of the dragon, is quite pleasant. The IMMENSE RARITY cannot be understated, as this piece is a classic within the provincial series, and undoubtedly will be highly appreciated by the advanced collector. This cataloger was able to locate just one other specimen, a PCGS VF-25, initially realized a hammer of $7,500 in April 2011 (then raw), and sold again two years later in our April 2013 Hong Kong auction for a hammer of $10,000. Clearly, this superior exemplar should soar to even loftier heights.
Ex: Dr. Norman Jacobs Collection.
Estimate: $6000 - $9000