拍品描述： 民国十五年龙凤贰角银币。 闪亮灰色為主，多彩包浆於环形，柔美衬托出币面图文。

<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. 20 Cents, Year 15 (1926). Tientsin Mint. PCGS MS-63. L&M-82; K-681; KM-Y-335; WS-0115. Mostly argent and dazzling, this enticingly choice specimen also presents an enchanting burnished iridescence nearer the peripheries, acting to envelope to the radiating surfaces.