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Stack's Bowers & Ponterio
April 2014 Hong Kong Auction - Sess. A-B  31 Mar - 1 Apr 2014
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Lot 31359

Starting price: 7200 USD
Lot unsold
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CHINA. Inner Mongolia. Meng Chiang. Chiao (10 Cents), Year 738 (1943). NGC AU-55.
KM-Pn3. Struck in aluminum. Commonly mislabeled as a pattern. This is in fact a currency issue struck in Japan for use in occupied Inner Mongolia. Due to maritime transportation problems during World War II, the shipment containing the majority of this mintage never arrived. It is believed the ship carrying nearly the entire mintage was torpedoed by submarines. Since the cargo was lost, very few examples of this issue have survived. EXTREMELY RARE and historically significant. NGC AU-55.
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