China (1921) dollar K-676

Stack's Bowers April 2021 Hong Kong sale, lot 52403

This specimen was lot 52403 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $126,000. The catalog description^[1] noted,

"A Superb, Gem Quality Pavilion Dollar. CHINA. Dollar, Year 10 (1921). PCGS MS-65 Gold Shield. Reeded edge variety. President Hsu Shih Chang and Pavilion with legend at the bottom of the reverse. One of the finest of the type that has been seen at PCGS, this glistening Gem is exceeded by just seven other examples and presents a razor-sharp strike and nearly blast white surfaces. The radiance is quite captivating and should allow this specimen to soar to a rather lofty level that is RARELY seen for the type.
An incredibly popular and desirable type believed to have been a pattern issue, it now appears that these were, in fact, more medallic in nature, and meant to be given out upon the opening of the Peking Union Medical College (PUMC). Initially designed with a blank field below the pavilion for recipients' names to be engraved, the design was altered to contain the three struck characters instead, as the engraving proved difficult on the initial batch."

Recorded mintage: unknown.

Specification: 26.4 g, 0.890 fine silver, 39 mm diameter.

Catalog reference: L&M-864; K-876; Hsu-19; WS-0101, KM-Pn63.

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.

Link to:

China (1921) dollar K-676

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