China 31 (1942) chiao
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This specimen was lot 54676 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $456. The catalog description[1] noted, "CHINA. Provisional Government of China. Chiao, Year 31 (1942). PCGS MS-66 Gold Shield. A very sharply struck Gem quality coin with flashy luster." The Provisional Government was another Japanese puppet state before and during World War Two. The central bank therein issued a series of aluminum coins in 1941-43, including one, five and ten fen (shown here). They do not have high catalog values but are seldom seen.
Recorded mintage: unknown.
Specification: aluminum, 1.0-1.5 g, 22 mm diameter.
Catalog reference: KM-Y525.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [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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