China
Sinkiang. Sar (Tael) AH1325 (1907) XF45 NGC, Kann1120, L&M-744, KM-Y26. A well-above-average example of this crudely produced issue. Softly struck on the reverse, with a bold obverse and traces of remaining luster. Very scarce in this condition. Ex. Wa She Wong Collection.
Estimate: 3000-3500 USD