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Press Release - November 26, 2018

Vintage Chinese Pattern Issues Highlight Heritage Auctions’ HKINF Offerings Dec. 6-7

Stunning selection spans coins and currency as collectors open cabinets for the first time

Kwangtung. Kuang-hsü silver Pattern 3 Mace and 6 Candareens
DALLAS, Texas (November 26, 2018) — An Extremely Rare 1889 2nd Variety "Reversed Legends" Pattern 50 Cents – from the first year of the new mint established in Kwangtung, China – highlights Heritage Auctions’ Dec. 6-7 offering for the Hong Kong International Numismatic Fair (HKINF).

Estimated to sell for more than $150,000, the "Reversed Legends" Pattern will cross the block in one of several major auctions set for Heritage Week I Hong Kong, an inaugural series of six sales December 3-10 spanning Fine Jewelry, Watches & Fine Timepieces and Designer Handbags & Luxury Accessories.

Heritage’s HKINF World & Ancient Coins Auction offers a number of rare vintage Chinese pattern issues. Among the gems is the Kuang-hsü silver Pattern 3 Mace and 6 Candareens (50 Cents) ND (1889), MS63 NGC, an exceedingly rare Pattern issue, struck in very small numbers and never introduced into circulation.

A Kuang-hsü gold Pattern Kuping Tael (Liang) CD 1906, MS63 NGC, presents collectors a simply stunning honey-gold example of a never utilized pattern Tael, boasting a razor sharp strike most evident in the wire rimming. The marvelous and fleeting gold pattern is a transcendent offering whose addition would certainly propel its owner's cabinet to an excellent tier (est. $130,000-$150,000).

The rare "Small Clouds" Gold Kuping Tael – a Kuang-hsü gold Pattern Kuping Tael (Liang) CD 1907, MS62 NGC, from the Tientsin mint is a shimmering gold rarity with an exacting strike (est. $90,000-$110,000). Featuring a stunning display of a dragon in the clouds, the rims are towering and well defined, acting to confirm this example for the pattern that it is, rather than as any sort of issue meant to circulate.

The even rarer Kuang-hsü gold Pattern Kuping Tael (Liang) CD 1907, MS62 NGC ($80,000-$100,000), will be offered immediately after its sister coin. The exceedingly rare Gold Pattern was struck only in tiny numbers as patterns – a unique opportunity for experienced collectors.

Among the offering of modern coins appears an anomaly: a Non-Stamped Potential "Dragon Boat" Pattern (est. $150,000-$200,000). The piece is essentially a possible "pattern" issue because large gold pieces struck in 1995 featured a serial number. This particular coin is missing a serial number, as compared to one of its counterparts, the ultra-low mintage People's Republic gold Proof "Ancient Dragon Boat" 500 Yuan 1995 (est. $80,000-$120,000).

For the first time, Heritage Auction World Coin bidders may view NGC Modern Chinese Price Guide information for nearly all applicable coins. No other auction company in the world provides this level of depth to their clients, with this added information included on the lot page.


Hong Kong National Bank of China Limited 5 Dollars
Heritage’s Dec. 5-7 World Currency Auction for HKINF features a stunning, National Bank of China Limited 5 Dollars 2.5.1894 KNB1a Pick 247a, a rare Hong Kong National Bank of China Limited Issue (est. $50,000-$70,000). With less than a handful of such notes known to the collecting community from this small bank, the example issued by the crown colony of Hong Kong is a rare exception from the era when the majority of banks operating during the late Empire era were either foreign or local Chinese.

One of the earliest examples of paper money from the Yuan Dynasty, a scarce Chih Yuan T'ung Hsing Pao Ch'ao 2 Kuan 1264-1341 Pick UNL S/M#C167-1, is likely to surprise most collectors (est. $40,000-$50,000). These early notes were printed on mulberry paper and charcoal dye was used for both the script and design. This historical example is well preserved, a certain highlight in any collection.

An exceedingly rare Shanghai Branch "Local Currency" issue by the Bank of Taiwan Limited, a Bank of Taiwan Limited - Shanghai 5 Dollars 1.6.1916 Pick S625, is the only graded example in PMG’s census. Both serial numbers and signatures are present on this lightly circulated example.

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, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

The Internet’s most popular auction-house website,, has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.

Eric Bradley, Director, Public Relations

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