USD 100000 - 125000
2012-08-19 10:00:00
2012-08-20 19:00:00
湖北省造双龙一两大字 PCGS MS 64
CHINA. Hupeh. Tael, Year 30 (1904). PCGS MS-64 Secure Holder.L&M-181; KM-933; Y-128.1; Hsu-189. Large characters. Originally 648,000 Hupeh Taels were minted, this includes both large and small character types. It is unknown exactly how many of each were struck, however it is clear that the large character type is by far the rarer of the two.
In the initial proposal to produce these coins it was also suggested to produce smaller denominations in the values of 5, 2 and 1 Mace. However, no such pieces have surfaced (even in pattern form) and it is unlikely they were ever produced.
It is interesting to note that the Hupeh Taels were struck in 0.877 fine silver as opposed to the 0.960 fine silver set forth by the currency regulations of 1905. This short lived series circulated for only a brief period of time and was soon after replaced by the unified Tai Ching Ti Kuo silver coinage. Although the Hupeh Tael coinage has a fairly large mintage, most likely much of this was melted down to be made into later coinage. Lustrous and very attractive surfaces, light russet grey tone. Very choice and RARE in this condition.PCGS MS-64 Secure Holder.From the David Ing collection.