Watch List notes:

TIBET: AV 20 srang, Gser-Khang Mint, BE15-53 (1919), Y-22, L&M-1063, autonomous Tibetan issue, no dot in reverse center, snow lion left, rab byung 15 ("cycle 15") above and lo 53 ("year 53") below, all within circle surrounded by the eight Buddhist auspicious emblems // stylized wheel with eight spokes, dga' ldan pho brang phyo(gs) las rnam rgyal tam srang 20 ("the Ganden palace, victorious in all directions, 20 tam srang"), numerous small scratches in fields, PCGS graded AU55, ex Charles W. Lueders Collection. Most if not all Tibetan gold coins of 20 tam srang were struck between 1918 and 1921 in the Gser Khang Mint, which was located in the western part of Lhasa near the summer residence of the Dalai Lama, the Norbu Lingka. The meaning of gser khang is "gold house." There exist gold coins of the dates 15-52 and 15-54 which feature a small bead in the center of the reverse and others which are without this bead. It is possible that this mark served to distinguish the issues which were struck by Tsarong from those which were struck by the Tibetan Government.

Estimate: 6,000-8,000 USD