Rare Chinese coinage led the way as Heritage Hong Kong Auctions June 26-28 Signature Sales in Hong Kong realized in excess of $5.7 million overall. Auctions of both World Currency and World and Ancient Coins were held in conjunction with the Hong Kong International Numismatic Fair. All prices realized include a 20% Buyer’s Premium.
The auction of World and Ancient coins raised over $3.1 million overall, led by the finest Undated (1889) Kwangtung Dragon Dollar to be certified in a Mint State grade. Graded MS64+ by NGC, and with the denomination expressed as 7 MACE AND 3 CANDAREENS, this coin represents the finest of this heavily melted and now very rare issue. It sold for $228,000.
An example of the Year 3 (1914) L. Giorgi Pattern Dollar, graded MS61 by NGC, represents an iconic issue in a near-universally recognized type, with the L. Giorgi signature above the shoulder making this piece a truly iconic rarity, thus explaining the realized sale price of $132,000.
A few of the additional highlights among the coins offered in this auction included:
- Kuang-hsü gold Pattern Kuping Tael (Liang) CD 1907 MS61 NGC, Tientsin mint, KM-Pn302. Sold for: $114,000
- People’s Republic gold Proof “Ancient Dragon Boat” 500 Yuan (5 oz) 1995 PR69 Ultra Cameo NGC, KM-A823, Fr-124. Sold for: $108,000
- Kwangtung. Kuang-hsü 50 Cents (3 Mace 6-1/2 Candareens) ND (1889) MS65+ NGC, Kwangtung mint, KM-Y197. Sold for: $90,000
- People’s Republic gold Proof Peacock 500 Yuan (5 oz) 1993 PR69 Ultra Cameo NGC, KM600. Sold for: $66,000
World Currency offerings in Hong Kong brought outstanding prices, totaling over $2.6 million overall. The top note was an important unissued Proof design of the 1965 People’s Bank of China 10 Yuan, graded Choice Uncirculated 63 by PMG. The design of this note is subtly but critically different than the issued 10 Yuan note, and it is likely that this design was proposed for circulation, but quickly discarded in favor of the issued vignette. This rare proof sold for $120,000.
Among the other highlights of this auction were lots like:
- American Bank Note Company Display of Rare and Scarce Proofs from the Early Ta-Ching Government Bank and Bank of China Issues. Sold for: $75,000
- Deutsch-Asiatische Bank, Peking 100 Dollars 1.7.1914 Pick S277r S/M#T101-24 Remainder PMG Gem Uncirculated 65 EPQ. Sold for: $66,000
- Central Bank of China 1 Yuan 1936 Pick 209 PMG Gem Uncirculated 66 EPQ. Sold for: $55,200
- Hong Kong: Mercantile Bank of India, Ltd. 50 Dollars ND (1912-30) Pick 238cts KNB14 Color Trial Specimen PMG About Uncirculated 53. Sold for: $54,000
- Deutsch-Asiatische Bank, Hankow 5 Dollars 1.3.1907 Pick S262s S/M#T101-2a Specimen PMG Gem Uncirculated 65 EPQ. Sold for: $50,400
Our next auction of World and Ancient coins is scheduled for August 15 at the ANA World’s Fair of Money in Chicago. This auction will open for bidding soon at coins.HA.com.
中国, 中國, 香港, 袁世凱
