Media Relations
Press Release - June 4, 2025
Peh Family Collection Takes Center Stage at Heritage’s HKINF World & Ancient Coins Auction June 18-20
| Qing Dynasty treasures also among event highlights DOWNLOAD DIGITAL PRESS KIT “It’s one of the highest honors of my numismatic career to be able to present at auction amazing coins from the Peh Family Collection at our upcoming HKINF event,” says Cris Bierrenbach, Vice President of International Numismatics at Heritage Auctions. “It is particularly joyful for me to revisit incredible specimens contained in the collection such as the Japanese ultra rarities pedigreed to the Dr. Norman Jacobs Collection that we brought to market in 2012. The Meiji 3 1870 Pattern Yen is one of my all-time favorite numismatic items — it checks all the boxes for one of the most iconic trophy coins in the world!” Also among the top selections from the Peh Family Collection is a Kuang-hsü silver Restrike Specimen Pattern Tael CD 1906 SP66 PCGS that is the highest-graded representative across major certification companies for both the original and restrike varieties and is widely recognized as a cardinal rarity among the Chinese series. These beautiful Taels were intended to replace the existing Mace-Candareens coinage in circulation with a new standard, divided between the Tael, 5 Mace, 2 Mace and Mace. Struck just six years after the reestablishment of the Tientsin mint, which had been destroyed during the Boxer Rebellion of 1900, the series ultimately failed to be introduced into widespread circulation, although the design eventually did influence the standard layout of the Imperial issues adopted after 1908. One of the exceptional Japanese coins from the Peh Family Collection, a Meiji silver Proof Pattern Yen Year 3 (1870) PR64 NGC, is an exceedingly rare Pattern for the first machine-struck silver Yen, minted shortly after the newly restored Meiji government established an official silver standard in 1870 as part of the adoption of round and decimalized coinage. Of the few known examples that remain, this example carries the second-highest certified grade, after two NGC-certified PR65s. The auction is brimming with 276 magnificent offerings from the Peh Family Collection, but it would be shortsighted to suggest all of the event’s highlights were sourced from that collection. Also among the top attractions in the auction is a Hsüan-t’ung Pattern Dollar ND (1910) MS63 NGC, a beauty that features one of the more stylized dragon designs from Hsüan-t’ung’s brief reign. This coin is becoming increasingly more elusive to collectors, especially in finer designations. Among the coins that often enjoy great popularity among collectors are Engraved Master coins, also known as Diaomu or Ancestor coins, like the Qing Dynasty. De Zong Engraved Master Cash ND (1887-1898) Certified 90 by Gong Bo Grading that will be in play in this auction. From the world-class collection of Chinese Cash issues, it is a gorgeous example of the Diaomu that are exceedingly difficult to locate and are identified as the beginning of the Cash coinage process, the “seeds for minting regular currency.” This trophy coin is one of the few gathered by the W&L collector, and now is back in the market after more than 30 years. Prototypes for Master coins like the one offered in this auction were carved by hand before being presented to the Emperor for approval before being used as molds for the better-known “Mother coins” … which in turn were used to make several molds for circulating issues. Another Engraved Master from the Qing Dynasty that will cross the block in this auction is a Wen Zong (Xian Feng) Engraved Master 500 Cash ND (March-August 1854) Certified 85 by Gong Bo Grading. Diaomu are unquestionably scarce, but to find such a large denomination of these hand-engraved Pattern-like pieces is even more rare. Heritage experts have not found a record of a single 500 Cash Diaomu in recent decades, elevating this example to trophy status. A Hunan. Republic Dollar Year 11 (1922) MS65+ PCGS is a magnificent example of an elusive “souvenir” type from the Changsha mint that was struck to commemorate the promulgation of the Hunan Provincial Constitution. Images and information about all lots in the auction can be found at HA.com/3124. Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, Chicago, Palm Beach, London, Paris, Amsterdam, Brussels, Hong Kong and Tokyo. Heritage also enjoys the highest Online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet's most popular auction-house website, HA.com, has more than 2 million registered bidder-members and searchable free archives of 7,000,000 past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit. For breaking stories, follow us: HA.com/Facebook and HA.com/Twitter . Link to this release or view prior press releases . Hi-Res images available: Steve Lansdale, Public Relations Specialist 214-409-1699 or SteveL@HA.com |

