There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid :
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
23943

China: Yunnan. Spring Dollar CD 1910,...

2011 September Long Beach Signature World & Ancient Coins Auction #3015

 
Sold for: Sign-in or Join (free & quick)
Make Offer:

Owner's willingness to entertain and respond to Offers has not yet been verified. Make Offer to Owner
Auction Ended On: Sep 8, 2011
Item Activity: 1 Internet/mail/phone bidders Number of Bidders
10,772 page views
Location:

Long Beach Convention Center
300 E. Ocean Blvd.
Long Beach, CA 90802

 

Special Note: The Antiquities will be available for viewing at our Beverly Hills office only.

Description:
The Legendary Yunnan Spring Dollar
Yunnan. Spring Dollar CD 1910, Standard dragon design/Seven Chinese characters across top, instead of normal four, Kann 177, L&M 428, KM-Y260.1, AU58 NGC. Sharply struck, and fully lustrous, with mottled gray and russet patina over surfaces free of all but a few minor marks. Little, if any, actual wear is noted, and this example could very easily have been certified Mint State. Probably the rarest of the Chinese regular circulation issue Dragon Dollars, and a coin that most only dream of ever seeing.

The legendary Chinese Dragon Dollar, called the, "Yunnan Spring Dollar," in reference to the seven Chinese characters across the top that translate roughly to, "Made in the Spring 1910 in Yunnan Province." This fantastic issue is also the only coin in Chinese numismatics that features a season of the year as part of the date. This enigmatic issue, one of China's rarest coins (and with only two genuine pieces known), has been a coin of mystery and legend since its discovery, around 1920. Although there has been constant research in Chinese numismatic circles, over time, no definite reason, or meaning for the term, "Spring 1910," has yet been discovered.

The first genuine example of this issue to appear at public auction was sold in Beijing, in April 2002 at the Hua Chen auction. This piece was later re-sold in a Cheng Xuan sale in Beijing in 2007 where it realized 3,192,000 RMB (US $468,000). Michael Chou, of Champion Hong Kong Auction, then sold this same coin (AU55 NGC) for the astounding price of US $1,035,000, in his August 2010 Hong Kong sale.

This piece that we are offering is the second known, genuine example of the Yunnan Spring Dollar and the finest of the two known examples. Graded, and certified by NGC, this piece is from the exact same dies as the other coin, and Michael Chou, who sold the first coin, has also examined this piece and confirms that this coin is a perfect die match as the one he previously sold. We feel, if anything, the grading, by NGC, is a bit conservative on this piece. This piece is Ex: Tracey Woodward Collection, acquired by Dr. Jacobs from the Woodward Collection through the noted New York numismatist Robert Friedberg in 1952.

There is no doubt as to the rarity of this historic coin, and the quality is the finest of the two known examples. The market for rare Chinese coins is exceptional, and there are really none rarer than this remarkable piece. Tremendous interest should be a foregone conclusion.

View all of [The Dr. Norman Jacobs Collection of Japanese and Korean Coins ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
866,215
bidder-members
$924,865,908
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 5 days left to consign to the 2014 June 5 - 8 LB Expo US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
It is with a sense of tremendous gratitude that I wish to convey my sincere appreciation to you for the manner in which you managed the recent sale of my currency collection.
Thomas Flynn,
Scottsdale, AZ
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 March 21 &  23 US Coins Signature Auction - San Francisco
2014 March 21 & 23 US Coins Signature Auction - San Francisco
REALIZED $4,375,539
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED SO FAR $15,009,281
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199