拍品描述： 台湾省造老公银七钱二分背十 NGC AU-Details

CHINA. Taiwan. "Old Man" Dollar, ND (1838-1850). NGC AU Details--Chopmarked.L&M-316; K-1; Schjoth-1618 (plate coin); C#25-3; Chang Foundation-pg.42 #15; Wenchao-pg.167 #170 (rarity three stars).

Initially designed as a form of military payment, the Taiwan dollar quickly gained the approval of the people and grew in popularity. This was primarily due to its high silver content, approximately 98% fine. At this time, the Spanish 8 Reales was the most widely accepted coin being 0.903, just over 90% fine.

The obverse depicts the god of longevity with characters that signify "Seven Two by the Treasury Scales." This represents the first depiction of what later became the standard "7 Mace 2 Candareens." Two small rectangular stamps on the reverse represent makers or security marks. This is standard for this issue and should not be confused as chopmarks.

It is normal for this type to be found in average to low condition, often heavily chopmarked. This example is well struck with much remaining luster, showing only a small number of scattered chopmarks. Quite choice for type.<br>NGC AU Details--Chopmarked.From the Edgar Mandel Collection. Purchased privately from Virgil Hancock. Schjoth Plate Coin.