Watch List notes:

LATER HAN: Han Yuan, 948-951, AE charm (3.47g), H-15.5, light encrustation, F-VF, ex K.K. Lee Collection, in old American Missionary Church Tithe & Offering Envelope dated 30 September 1923. This coin's pattern is based on the Kai Yuan. In 948, during the reign of Emperor Gao Zu, the President of the Department of Imperial Feasts requested permission to set up a mint in the capital (Kaifeng, Henan). There is no specific record of casting Han Yuans.

Estimate: 40-60 USD