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Stack's Bowers & Ponterio
April 2024 Hong Kong Auction  15-18 Apr 2024
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Lot 40054

Starting price: 120 000 USD
Price realized: 400 000 USD
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(t) CHINA. Kiangnan. 7 Mace 2 Candareens (Dollar), CD (1898). Nanking Mint. Kuang-hsu (Guangxu). PCGS MS-63+.
L&M-216 (this coin illustrated); K-71C; KM-Y-145A.1; WS-0795. Variety with pearl-scaled dragon with short spines. Doubled Die dragon side. One of the most impressive and tantalizing examples of the type extant, this provocative pearl-scaled dragon presents the mythical creature's namesake scaling in full display, with a little round pearl visible within nearly every scale. Furthermore, the crispness in the strike's execution allows for the fairly dramatic display of doubling on and around the dragon, most notable on its lower body and within the English lettering. The surfaces possess a steely gray flair, while some burnished iridescence populates portions of the peripheries. For the most advanced collectors of the province, it is hard to imagine a more wondrous chance at this particular variant. For comparison, we sold an NGC MS-65 of this type in our April 2015 Hong Kong auction, where it realized a hammer of $350,000. A VERY RARE and excessively important opportunity for a specimen with immense charm and character, and one that serves as the plate coin in the newest edition of L&M. To view all items from the KL Collection, click here.

From the KL Collection.

Estimate: $200000 - $400000
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