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    An Extremely Pleasing Example of China's First Milled 50 Cents

    Kwangtung. Kuang-hsü 50 Cents (3 Mace 6-1/2 Candareens) ND (1889) MS65+ NGC, Kwangtung mint, KM-Y197, L&M-124, Kann-17, WS-0932, Wenchao-553 (rarity 3 stars). With denomination written as 3 MACE AND 6 1/2 CANDAREENS. An extremely rare survivor of this heavily melted early type of which few examples survive in any condition, let alone in this lofty gem grade where it presently exists unchallenged at NGC and with a minuscule 2 pieces ranking half a grade point finer at PCGS--one a MS66 and the other a more commonly preserved "Specimen" SP66. Perfectly accommodating the other pieces in this set presented in this auction both in terms of technical preservation and overall toning palate, the russet elements on the current representative heightened to an even more stunning level and set against a magnificently frosty dragon. Pull-away tone further predominates at the peripheral features on both the obverse and reverse alike, adding a brightly silver finish to surfaces that otherwise clearly show their age in a rich color. No evidence of mottling appears in the inner circle of the reverse, where the fields preserve sleek mint originality. Though ranking a full two grade points lower, we note that we sold an MS63+ example of this same type, endowed with a similar array of tones, for an impressive $72,000 in our December 2018 Hong Kong Auction #3068 (lot 30129).
    From the Henderson Lincoln Collection


    1889年廣東省造光緒元寶三錢六分五釐銀幣。MS65+ NGC。 廣東錢局鑄(珍罕度三星級別)。七三反版系列。幣上英文面值為「3 MACE AND 6 1/2 CANDAREENS」。早期廣東省造七三反版系列的稀有幣種,大多數被融化,任何品相的倖存例子都少之又少,gem級珍品更是難能可貴。此枚目前為同幣種中NGC評出的最高分例子,而PCGS只評出兩枚評分更加例子:一枚獲評MS66分,另一枚為SP66分樣幣。此幣集合以上提及兩枚例子的優點:保存狀態精湛,包漿優美。整體帶赤褐色調,霧面龍圖。正背面幣圈最外圍覆深色包漿,更顯歷史感。幣面泛明亮銀光。背面内圈毫無雜色,底板光滑,保持原廠狀態。海瑞得曾於2018年12月香港拍賣會#3068上拍出另一枚MS63+分例子(拍品編號30129),當時該枚包漿色調相近,而即使評分整整低兩分,亦仍以72, 000美元的驚人價格成交。

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    Auction Info

    Auction Dates
    June, 2019
    27th-28th Thursday-Friday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 2,684

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