China, Manchukuo (Japanese puppet state). Kangde CU-NI Chiao. Dated KT 1 = 1934. Lotus flower; Manchukuo and regnal year around / Denomination between two facing dragons with flaming pearl above. Yeoman 8.
NGC graded UNC Details, Environmental Damage (#6671164-005).
From the inventory of a UK dealer.
Emperor Kangde of Manchukuo was the last emperor of China under his former title of Puyi. He was installed as emperor of the puppet state of Manchukuo after the Japanese invasion of Manchuria in 1931-2.