Watch List notes:

CHINA, Chihli, Pei Yang Arsenal, 7 mace 2 candareens (dollar), Year 34 (1908), 光绪34年北洋造七钱二分。, PCGS AU details / cleaned. L&M-465; Y-73.2. Sharply detailed like a choice AU piece with substantial luster and pleasing golden toned hues, a few scattered hairlines.
铸工精湛细致，图案文字细节清晰明丽的佳作，仅有少许轻微细丝划痕，被浓郁且充满活力的金黄色包浆润饰到难以发觉。. PCGS # 49239226

Estimate: $300 - $450