拍品描述： 民国三年袁世凯像一圆银币。军阀版。因生产环境不同而导致差异颇大。此枚似是与2020年香港春拍编号41441出自同一套模具。罕见，光泽柔美，铸打深峻，均匀的灰色包浆。

On September 1, 2019, the United States enacted new tariffs on collectors items of Chinese origin, including bullion and numismatic coins and banknotes. This lot was manufactured in China and was sourced from outside the United States for this auction after the tariffs were enacted. Accordingly, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff plus a processing fee of 0.3464% (minimum $26.79 / maximum $519.76). Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions.Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

CHINA. Dollar, Year 3 (1914). NGC MS-63.cf. L&M-63 (for prototype); cf. K-646 (same); cf. KM-Y-329 (same); cf. WS-0174-1 (same). "Military" or "Warlord" type. A crudely engraved imitation of the 1914 type, known as the "Military Type". These vary widely, because of the circumstances of their manufacture, but this example appears to come from the same dies as lot 41441 in our May 2020 Hong Kong Auction. A conditionally RARE Dollar, with soft luster, bold strike, and an even, light gray tone.