Watch List notes:

(t) CHINA. Silver Dollar Pattern, Year 3 (1914). Tientsin Mint. NGC MS-61.
L&M-73; K-643a; KM-Pn33; WS-0167; Wenchao-859 (rarity: ★★★★); Shanghai Museum/Mr. Shi Jiagan's Collection, pg. 138, #634; Sun-III-2-14. Variety with signature. With less than 20 examples of this popular pattern type certified between NGC and PCGS, it is of the UTMOST RARITY and importance. This example yields abundant detail in the rather expressive portrait of Yuan Shih-kai, particularly in the finely engraved hair and moustache. Some evidence of handling can be seen, as there is friction on the obverse and reverse, but nothing distracts. Good luster remains, and the specimen gives off steely color. Given the excessive RARITY and demand, for all practical purposes this example might be the only example offered of the type in the near future. Certain to be strongly sought after.

This type is the proposed pattern for the Yuan Shih-kai Dollar of Year 3 (1914). Vastly different from the adopted design, as this piece features a three-quarters facing portrait of general-turned-president, rather than the left facing portrait in profile found on the circulation issues. Two major varieties exist of this pattern, designed by chief engraver Luigi Giorgi. This is an example of the second type, which bears his signature just to the right of the bust along the interior of the rim--a substantially rarer emission than that which is unsigned.

Ex: Richard Wright Collection.

Estimate: $75000 - $150000