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Stack's Bowers & Ponterio
April 2024 Hong Kong Auction  15-18 Apr 2024
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Lot 40078

Starting price: 30 000 USD
Lot unsold
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(t) CHINA. Kwangtung. 3 Mace 6-1/2 Candareens (50 Cents - 1/2 Dollar), ND (1889). Kwangtung Mint (struck from Heaton Mint dies). Kuang-hsu (Guangxu). PCGS Genuine--Questionable Color, Unc Details.
L&M-124; K-17; KM-Y-197; WS-0932; Wenchao-553 (rarity: ★★★). Displaying the ever-enticing and crisply engraved characters and design elements that make it an undoubted product of the Heaton Mint's refinement, this minor, emanating from Kwangtung's initial output and known as the "Seven Three Reversed" series, offers an impeccable appearance. Save for its designation that questions its color, this otherwise uncirculated specimen radiates with boldness and precision, with a deep nature to the overall color and great lustrous brilliance residing below. The name of this VERY RARE and important series emanates from the fact that the unit, or Dollar, was issued to the weight of 7 Mace 3 Candareens, rather than the weight that would quickly supplant it, that of the much more common 7 and 2. The "reversed" nature of the name comes from the fact that the outer legend on the dragon side was composed solely of Chinese characters, leaving the characters side--that bearing the name of the emperor at the center--surrounded entirely by English legends. This aspect was found unsuitable, causing not just a departure from the weight standard, but the overall composition of the design as well.

Estimate: $50000 - $75000
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