Stack's Bowers & Ponterio
January 2023 NYINC Auction 13-16 Jan 2023
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Furthering its appeal that much more is the iconography upon the reverse. Issued as a trade coin for use in the Far East, where silver was at a premium and where a profit of 22% could be expected given the disparity, this type (struck for just over two months between December 1751 and February 1752) features a wildman on one side and a rather stereotypical representation of a man in contemporary Chinese attire on the other. The company's abbreviation, KPACVE, is present between them, standing for Königlich-Prussian-Asian-Compagnie von Emden, or the Royal Prussian Asiatic Society of Emden. A great example with numerous collecting avenues of interest.
From the Robert C. Knepper Collection.
Estimate: $7000 - $10000