nd(c.1912) Token Horse Token Cu 32mm, BN MS(PCGS#541757)

April 2018 Hong Kong World Coins Auction

拍卖行

Stack's Bowers

批号

40324

等级

MS65BN

价格

90,795

详细说明

CHINA. 20 Cash Commemorative Token, ND (ca. 1918). Tientsin Mint. PCGS MS-65 BN Secure Holder. 32 mm. cf.Duan-3626. Struck in copper, reverse blank (not uniface). It is theorized that the production of these pieces was ordered by a high ranking official, thought to be the director of the Tientsin mint, in 1918 the lunar year of the horse to commemorate the birth of his new son. Three denominations were made (5 Cash, 10 Cash and 20 Cash), but due to their intricate high relief designs the reverses were left blank. The dies were produced by die-sinking and hubbing presses rather than the normal coining press. The following year in 1919(year of the goat) silver tokens were made to commemorate the birth of a new baby girl(see L&M-1000A). Well struck with good definition of the fine details. Minor encrustation and spotting with a streaky reverse. An interesting series worthy of further research. Sharply struck with rich chocolate and mahogany patina over smooth fields. An interesting series worthy of more in depth research. Estimate: $700 - $1,000. Provenance: From the Q. David Bowers Collection. Ex: R. B. White. PCGS #659227. PCGS MS-65 BN Secure Holder. Click here for certification details from PCGS. 二十文型駿馬代用幣。 天津造幣廠。 紅銅製。背面空白（非單面）。據推論，該紀念幣由一高官下令定製，此人很可能是天津造幣厰時任廠長，鑄幣以紀念其1918年馬年出生的兒子。同款分別有三種面值：五文、十文、二十文，由於正面設計凸出複雜，所以背面留白。模具由沉模及輪轂壓力機生產，並非普通的壓印機所製。次年（1919年羊年），他又定製銀質代用幣，以慶祝小女兒的誕生。本拍品鑄打深峻，細節精緻，可察輕微腐蝕，背面有幾道刮痕，非常值得深究。