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    Stunning Original Strike Pattern Tael

    Kuang-hsü silver Pattern Tael CD 1906 MS64 NGC, Tientsin mint, KM-Pn300, L&M-16, Kann-934, WS-0021, Wenchao-85 (rarity 4 stars), Chang Foundation-30. Original striking. An incredible pattern specimen which characterizes the difficulties faced by China's "modernizing" program of the late 19th and early 20th century, 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, owing both to the dissent encountered in many of the provinces and the death of the Emperor a year after the Imperial Order was to be put into effect. Still, the design would eventually influence the standard layout of the Imperial issues adopted after 1908.

    Beautifully toned in a rich array of iridescent cabinet hues, the coin seen here clearly embodies what was so alluring about this proposed type, the dragon cut to a level of expressiveness so often missing from the later 1908 circulation issues, while the fields are almost mirrored, suggesting a specimen designation might be fitting. While restrikes for the type from the original dies are legion, attributable largely on the basis of their mildly rough fields from die rust, the surfaces here seem wholly original and noticeably smooth--replete with ample die polish. Likely amongst the finest, if not the finest, certified, we note that an SP63 example recently achieved $150,000 hammer in May.

    NOTE: This lot was manufactured in China and was sourced from outside the United States for this auction after September 1, 2019. Under the new US tariffs on Chinese goods, collector's items from China will be subject to a 7.5% import tariff. Any clients who wish to take delivery of this item in the United States should be aware of this added charge, and consult their tax adviser with any questions.


    丙午(1906年)戶部大清銀幣「中字」壹兩樣幣。MS64 NGC。
    天津造幣厰。珍稀度四星。原鑄,品相令人贊嘆的樣幣,同時也記錄了十九世紀末到二十世紀初中國現代化進程中的歷史。這批銀幣以「兩」為單位,計劃取代原有以「圓」為單位的一批銀幣。新制下分成壹兩、伍錢、貳錢及壹錢共四款面值。1900年天津造幣厰遭受義和團叛亂破壞,重建後只六年便發行這批新幣。唯這批銀幣從未廣汎流通,在多個省飽受批評,加上光緒在該訓令頒佈後一年即駕崩,令這批錢幣在市場上命運同樣坎坷。縱然如此,此款銀幣成爲1908年後鑄幣之設計基礎,影響深遠。本次拍賣的這枚彩虹包漿變化萬千,目不暇給。鑄工精良,足見何以此版別歷久不衰,令多少藏家追捧。幣面正中盤龍栩栩如生,氣勢乃大部分1908年後鑄銀幣望塵莫及。底板幾乎呈鏡面,樣幣評價名副其實。 同模重鑄銀幣者眾,唯絕大部分受模具鏽跡影響,底板會有壓痕鏽跡,不及此枚明净。幣面有初鑄模具壓痕,層次豐富。入評例子中當屬冠亞。今年5月曾有一枚SP63分例子以十五萬美元落槌。

    Estimate: $100,000 - $150,000.

    Auction Info

    Proxy Bidding Ends
    17th Thursday 7:50 pm CT
    Auction Dates
    18th-19th Friday-Saturday
    Proxy Bidding Time Remaining
    17 Days 18h 22m 23s
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    This lot is in: 1 - Signature® Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 30001-30335) - 8:00 PM Central Time, Thursday, December 17, 2020 (10:00 AM Hong Kong Time, Friday, December 18, 2020).
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

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    Additional Location Info:
    The Mira Hong Kong Hotel
    118 Nathan Road
    Tsim Sha Tsui, Kowloon
    Hong Kong

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