China
Yunnan. Stag's Head Tael ND (1943-44) MS63 NGC, KM-A3, L&M-435. Small stag's head with short antlers variety. Fully lustrous example with natural flan flaws and areas of dark oxidation. This type circulated throughout Southeast Asia during World War II and is often cataloged as French Indo-China.
Estimate: 1200-1400 USD