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HomeAuctions"Big Beard" Chinese Pattern Coin Realizes $780,000 in Stack's Bowers Sale

“Big Beard” Chinese Pattern Coin Realizes $780,000 in Stack’s Bowers Sale

Big Beard Yuan Shih-Kai Transitional Chinese Pattern Coin in Stack's Bowers December Collectors Auction

An extremely rare Chinese pattern certified by Numismatic Guaranty Company (NGC) has realized $780,000 at a Stack’s Bowers auction. It was the top coin from China’s Republic Era in the December 2021 Hong Kong Collectors Choice Online Auction – Vintage and Modern Chinese Coins, which concluded on December 2, 2021.

The coin, a China 1912 Silver Founding of the Republic Pattern graded NGC AU 55 (lot 42130), is the only known example certified by a major grading service. The $780,000 USD price realized was more than five times its pre-auction estimate of $75,000 to $125,000.

The coin was struck to commemorate the founding of the Chinese Republic, which abruptly ended centuries of imperial rule in 1912. It shows Yuan Shih-kai (袁世凱), who led the Republic from shortly after its founding until his death in 1916.

Other coins of the era show Yuan Shih-kai with facial hair, but not to the extent of this example, giving rise to its “Big Beard” nickname.

Very few examples are known and the chance to acquire one has been scarce. This example is pedigreed to Tracey Woodward, a famous collector who traveled to China in the early 20th century.

“When an opportunity arises to purchase a great rarity like this one, collectors want to be sure the coin is genuine and accurately graded,” said Ben Wengel, NGC Senior Finalizer of World Coins. “The results of this auction demonstrate the value of NGC certification.”

Other NGC-certified highlights in the sale included:

  • A China 1921 Silver Dollar graded NGC MS 65 (lot 42261) that realized $264,000, far above its pre-auction estimate of $30,000 to $40,000
  • A China Copper 1914 Dollar graded NGC MS 62 BN (lot 42131) that realized $186,000, far above its pre-auction estimate of $60,000 to $80,000
  • A China 1912 Silver Dollar graded NGC MS 65 (lot 42098) that realized $120,000, far above its pre-auction estimate of $25,000 to $50,000
  • A China 1914 Silver Dollar graded NGC MS 66 (lot 42205) that realized $120,000, far above its pre-auction estimate of $40,000 to $60,000
  • A China 1903 5 Fen graded NGC SP 66 (lot 42042) that realized $45,600, far above its pre-auction estimate of $10,000 to $20,000

Prices realized include buyer’s premium. Estimates are provided by the auction house. All dollar amounts are US Dollars.

NGC Coin Explorer Optimized for All Devices

NGC’s popular online resource, NGC Coin Explorer, is now optimized to seamlessly resize on all devices, making it easy to look up and research coins on a smartphone, tablet, or desktop computer. The overall look of the NGC Coin Explorer has also been revamped with a modern, image-driven design.

If you haven’t used the NGC Coin Explorer before, now is a great time to start. It is a searchable catalog of US coins that contains important coin details from the NGC Price Guide, NGC Census, NGC Registry, and NGC Auction Central resources all in one place. Consider the NGC Coin Explorer to be your convenient numismatic library where you can look up coins of all types to learn coin facts, values, histories, and more.

For collectors familiar with the NGC Coin Explorer, you’ll find a much more user-friendly experience. Coin descriptions, analysis, and high-resolution images are all easily accessible from one scrollable page. Plus, each coin’s available NGC Price Guide, Census, and Registry details are integrated with this information and viewable on any screen size.

With the updated NGC Coin Explorer, NGC is investing in the hobby and delivering tools that make the collecting experience better. So, what are you waiting for? All of the information you need when researching, buying, or selling coins is right at your fingertips.

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About Numismatic Guaranty Company (NGC)

NGC is one of the world’s largest and most trusted third-party grading services for coins, tokens, and medals, with more than 51 million collectibles certified. Founded in 1987, NGC strives to provide an accurate, consistent, and impartial assessment of authenticity and grade. Every coin that NGC certifies is backed by the comprehensive NGC Guarantee of authenticity and grade, which gives buyers greater confidence. To learn more, visit NGCcoin.com.

中国, 中國, 香港, 袁世凱


Numismatic Guaranty Company
Numismatic Guaranty Companyhttps://www.ngccoin.com/
NGC was founded in 1987 and has become one of the largest third-party grading services. Their parent company is the Certified Collectibles Group (CCG).

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