China (1914) 20 cents Y-327

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Stack's Bowers April 2021 Hong Kong sale, lot 52305
SB421-52305r.jpg
Stack's Bowers April 2021 Hong Kong sale, lot 54500
SB421-54500r.jpg
from the Mountain Groan Collection
China 1914 20 cents rev DSLR.jpg

The first specimen was lot 52305 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $2,040. The catalog description[1] noted, "CHINA. 20 Cents, Year 3 (1914). PCGS MS-62 Gold Shield. A shimmering and highly vibrant minor, this example radiates with some subtle toning and exhibits a light die clashing on the obverse. Sure to generate great appeal and excitement." The second specimen was lot 54500 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $456. The catalog description[1] noted, "CHINA. 20 Cents, Year 3 (1914). PCGS VF-35 Gold Shield. WS-0176-2. Fukien type (large ear variety). A wholesome and evenly worn circulated coin with no significant surface marks and dark gray to olive toning." The Manchu dynasty was overthrown in 1911 and a republic established. No accepted process for transfer of power existed and various warlords and cliques jockeyed for power. Finally, general Yuan Shih-kai came out on top. Several commemoratives were issued to celebrate this event, most notably Y-322, but this design with the sideways bust of the general was selected for mass production at all the imperial mints. Yuan Shih-kai managed to get himself crowned emperor before he died in 1916. Immense quantities of dollars were struck, perhaps hundreds of millions, and the coin finally drove out all the foreign coins which had circulated in China for centuries. Ten cent, this twenty cent and fifty cent coins accompanied the dollar but were struck in smaller quantities. The twenty cent was struck again in year 5 (1916) and 9 (1920).

Recorded mintage: unknown.

Specification: 5.4 g, 0.700 fine silver.

Catalog reference: L&M-65; K-657; KM-Y327; WS-0176-1.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Lin Gwo Ming, Illustrated Catalogue of Chinese Gold & Silver Coins: Ching and Republican Issues, Seventh Edition, Hong Kong: Ma Tak Wo Numismatic Co., Ltd., 2012.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The April 2021 Hong Kong Auction, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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