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    Extremely Rare 2nd Variety "Reversed Legends" Pattern 50 Cents

    Kwangtung. Kuang-hsu silver Pattern 3 Mace and 6 Candareens (50 Cents) ND (1889) MS63 NGC, KM-Y197.1, L&M-129, Kann-22. Sharply struck, with mottled blue and gray toning over lustrous, minimally marked surfaces. An exceedingly rare Pattern issue, struck in very small numbers and never introduced into circulation.

    In 1889 a new mint was opened in Kwangtung. A series of 5 coins were struck: 3.65 Candareens (5 Cents), 7-3/10 Candareens (10 Cents), 1 Mace 4-3/5 Candareens (20 Cents), 3 Mace 6-1/2 Candareens (50 Cents), and 7 Mace 3 Candareens. These pieces were struck, and entered into circulation, to replace foreign silver coins. It was determined that these newly produced issues were heavier than the corresponding foreign silver coins, and this first Kwangtung issue was quickly removed from circulation and melted. Soon thereafter, a second series of Pattern coins was struck, of a slightly reduced weight, and this second series, struck in extremely small quantities, did not gain official approval from Peking. In the following year, the Kwangtung mint struck a re-designed third series of coins and this series was approved and adopted as the standard silver coins.

    The 1889 second series is among the rarest and most coveted, of all Chinese Provincial coin issues. The example offered here is one of only two certified examples of the Second Series 3 Mace 6 Candareens (50 Cents). This piece is the only example of the type that we have had the pleasure of offering at auction, and is one of the truly classic Chinese numismatic rarities. It was missing from the Kann Collection, Bowker Collection, and the Irving Goodman Collection. This example is the plate coin from the Michael Chou book, "Top Chinese Coins-Silver Coins," where it is listed as being from the 1996 Singapore Auction, Lot 355.
    Ex. W&B Capital Collection


    1889年廣東省造三錢六分銀樣幣。 MS63 NGC。

    1889年廣東新開鑄幣廠,分別鑄造了五款面值:三分六釐半(5仙)、七分三釐(1角)、一錢四分(2角)、 三錢六分(5角) 、七錢二分(1元)。幣廠鑄造以上面值並使其流通以取代當時的外國銀幣。當時廣東錢局以西洋機器造幣之處,壹圓主幣每枚重七錢三分,為便利對外交易正面列有英文。但是由於這批新鑄的錢幣比較重,於是很快便由當局回收及溶化。其後減重為七錢二分,唯數量極少,和沒有得到北京的正式批准。翌年,廣東鑄幣廠重新設計第三系列錢幣,而第三系列最終被批准及採用為標準銀幣,得以流通。

    出自:W&B Capital Collection

    Auction Info

    Auction Dates
    December, 2017
    7th-8th Thursday-Friday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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