China (1927) 20 cents Y-340

Stack's Bowers April 2021 Hong Kong sale, lot 52243

Stack's Bowers April 2021 Hong Kong sale, lot 52432

The first specimen was lot 52243 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $2,400. The catalog description^[1] noted, "CHINA. 20 Cents, Year 16 (1927). NGC MS-62. A premium quality example of this SCARCE issue with surfaces that are virtually white and intensely lustrously and designs that border on fully struck." The second specimen was lot 52432 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $7,800. The catalog description^[1] noted, "CHINA. 20 Cents, Year 16 (1927). PCGS MS-65 Gold Shield. Highly lust[rous] with soft tone that appears towards the rims on both sides. A RARE issue in this Gem quality with only 10 certified in this grade by PCGS and two finer." In the late 1920's, Chiang Kai-Shek's Nationalists managed to defeat the Communists and extort professions of loyalty from most of the major warlords. During that brief calm, the mints issued several handsome commemoratives, including this one honoring Sun Yat-sen. He was unable, however, to stave off Japanese aggression and a new round of fighting began in 1931.

Recorded mintage: unknown.

Specification: 5.3 g, silver, 23 mm diameter.

Catalog reference: L&M-847; K-606; KM-Y340; WS-1059.

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 (1927) 20 cents Y-340

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