(t) CHINA. 20 Cash, ND (1921). PCGS MS-63 Brown.
CL-MG.59; KM-Y-310. It is difficult to convey that RARITY presented by this alluring and captivating copper denomination, displaying rich, chocolate brown surfaces and a staggering degree of cartwheeling brilliance emanating from below. Issues of these emissions seemingly never offer this kind of quality, with the survival rate being rather poor. Just one example of this type has been graded finer in the PCGS census--an MS-64 Red Brown from the Bowers and White Collections. That piece realized a total of $20,400 in our spring 2018 Hong Kong auction (Lot # 40298), showing just how high stunning examples such as is offered here can soar.
Estimate: $10000 - $15000