Stack's Bowers & Ponterio
May 2022 Hong Kong Auction 3-9 May 2022
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This heavily demanded and EXCESSIVELY RARE type is ceaselessly desirable on account of the miniscule mintage and elegant design. Despite the wonderful engraving work undertaken by the Austrian engraver, this piece was destined to fail on account of its design elements. Placht had never seen the mausoleum in question on the reverse, and may have never even seen a Chinese person, making his rendering of Sun Yat-sen rather distinct from the actual appearance the latter. Kann reports a Chinese Mint official's comment that the portrait bore a much stronger resemblance to German military leader-turned-president, Paul von Hindenburg instead.