上海县足纹银饼壹两王永盛 PCGS AU 50
China; 1856, Yr.6, silver coin Tael, K900, LM589, Issued by Wang Yung Sheng and engraved by Wan Chaun, Obv. Cake of standard silver from the business firm of Wang Yung Sheng in the Shanghai district in the 6th year of Emperor Hsien Feng 1856. Rev. Made by Wan Chuan, silversmith. Supervised by Chow Yuen Yu. Exact weight one Tsaoping Tael. AU.(1) PCGS AU50. Note: In 1856, the Shanghai authorities authorized silversmiths to issue coinage in an attempt to replace the Spanish 8 Reales. The firms Wong Yung Sheng, Ching Cheng Chee and Yu Shen Sheng were granted permission to issue coinage in the denominations of one Tael and 5 Mace. The coins were struck, and the quality satisfactory, but unfortunately, many counterfeits began to appear and within approximately 6 months these issues were withdrawn from the market.
