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Lot #:119 Title:CHINA-KIANGNAN 1900 50 Cents Silver, NGC VF35
Estimate(US $):20000-40000 Realized (US $):69000 add to my favorite
CHINA-KIANGNAN 1900 50 Cents Silver, L&M232, Y144a, NGC VF35. This coin is very scarce in high grade. Chinese Family Collection

The original name of the Kiangnan Mint is "Kiangnan Silver Minting Administration Bureau ". All minting machines were ordered from the Heaton Mint in England. In January 17th 1898 (December 25th, the 23rd Year of Huang Hsu), the mint started production of coins after all the equipment had been properly installed in December 1897. The Design of first production coin's obverse is distinguished by a lack of Chinese sexagenary dates , on the reverse a dragon is surrounded by a closed circle.

Currently, only three examples of this date are graded by NGC, and the highest grade is AU53, the coin offered here is the second highest. According to <> edited by the famous Taiwan numismatist Lee Jinling published in 1980, the rarity of 1900 Kiangnan 3 mace 6 candareens is four stars. Other varieties, for instance, "Kirin Kuping half tael", "Kwangtung half dollar (7.3 reversed pattern )", "1911 Flowing dragon fifty cents", enjoy the same rarity while "CheKiang 3 mace 6 candareens (wei stele style)"and "Old Style Kiangnan 3 mace 6 candareens" is only three stars. So an example of "1900 Kiangnan 3 mace 6 candareens" is of the highest rarity

A Kiangnan 1899 50 cents NGC AU50 sold in HK Dec-14 sale for US $250,950; A PCGS XF45 sold in HK Apr-14 sale for US $129,800; A PCGS VF25 sold in Shanghai Jun-14 sale for RMB 483,000 (US $75,469); A Good Fine sold in HK Aug-10 sale for US $74,750

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