拍品描述： 北洋二十五年造光绪元宝七钱二分银币。 有经手跡象及磨损，品相完好，包浆均匀。 <font size= -8 > (t) <em>

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 $27.75 / maximum $538.40). 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.</em> <em>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.</em> (t)

CHINA. Chihli (Pei Yang). 7 Mace 2 Candareens (Dollar), Year 25 (1899). Tientsin (East Arsenal) Mint. Kuang-hsu (Guangxu). PCGS VF-25. L&M-454; K-196; KM-Y-73; WS-0624. Fairly well handled and worn from time in commerce, this wholesome example nevertheless provides and even tone and great originality.