USD 100000 - 150000
(t) CHINA. Gold Kuping Tael Pattern, CD (1907). Tientsin Mint. NGC MS-64.
CHINA. Gold Kuping Tael Pattern, CD (1907). Tientsin Mint. NGC MS-64.L&M-1024; Fr-2; K-1541; KM-Pn302; Wenchao-pg.49 #11 (rarity four stars); Chang Foundation-pg.26 #7; WS-0009. The single finest certified of the type on either the NGC or PCGS population reports, none finer. A fantastic representative of this seldom encountered and this lovely large size gold coin exhibits a bold strike with good definition of the fine details and crisp legends. The smooth surfaces offer much brilliance, but are slightly subdued and very original looking. Close inspection of the fields and devices reveals a slight surface roughness indicative of a later die state of this issue. Clearly struck in limited quantities, these pattern only issues are highly coveted by collectors commanding strong prices whenever they appear on the market. This near-Gem example is sure to catch the attention of quality conscious collectors with fine cabinets.
Struck on an experimental basis as patterns only and never released into circulation. The plans to issue gold coinage in units of one teal for circulation, unfortunately, never materialized. This was largely due to Chinas lack of gold reserve combined with the current currency being based on the silver standard. Hence a limited number of pattern Taels were struck in gold.