Guangdong Province Guangxu Yuanbao 72 Reverse Silver Coin Sample Coin Set (Five)

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Guangdong Province Guangxu Yuanbao 72 Reverse Silver Coin Sample Coin Set (Five)

Auction Information

Product:Guangdong Province Guangxu Yuanbao 72 Reverse Silver Coin Sample Coin Set (Five)

NO:4025

Starting Price:GBP:400,000

Transaction Price:GBP: 520,000

Specification:Different sizes

Auction Time:24-May-Sat

Auction Company:Habsburg International Auction Limited Corporation

Description

In 1890, Guangdong Province produced a complete set of five silver coin samples, including Y-198.1/LM-128, Y-197.1/LM-129, Y-196.1/LH-130Y-195.1/LM-131, Y-194.1/LM-132, commonly known as the "Guangdong 72 Reverse Edition", which was the first set of machine-made silver coins to be molded and cast in China. However, only a small number of samples were printed and not issued, and each denomination is extremely rare. The entire set of five coins made a stunning appearance at the same time, making it the only one to be publicly auctioned in mainland China. It can be called the "Guangdong 72 Reverse Edition" in modern China. Silver coin palace level treasures. The samples are all mirror like, exquisitely carved, and crafted with exquisite craftsmanship, with clear sources. They are currently one of the two complete sets known to be kept by private collectors. Their rarity undoubtedly makes this set of sample coins a WT tool in the collection status of Mo Ding collectors. The samples are PCGSSP62, SP62, SP62, SP62+, and SP55, respectively. Among them, the three coins with a face value of seven coins and three cents and six centimeters are the second highest in the company's rating record. The other three coins all ranked first on the company's rating list. In the fifteenth year of the Guangxu reign (1889), the Governor General of Guangdong and Guangxi, Zhang Zhidong, adopted the suggestion of the HSBC Bank of England to stop minting silver coins with a face value of seven coins and three cents. Remastered Seven Coins and Two Fens. The Guangdong Coin Bureau made modifications based on the molds provided by the Birmingham Mint in the UK, and the dots on the obverse of the silver coins were still in Chinese and Manchu. The four characters "Guangxu Yuanbao" were surrounded in English. The reverse side was centered with a coiled dragon, and the top and bottom were engraved with "Guangdong Province Zao Ku Ping Seven Coins and Two Fens". Due to the design of the same side with foreign and Chinese characters being opposite to other provinces' silver coins, the authorities also considered it unconventional and did not mass produce them. The Guangdong Coin Bureau then changed the "Guangdong Province Zao Ku Ping Seven Coins and Two Fens" to the obverse, engraved in English on the back, and it was widely minted and circulated in May 1890. Therefore, the "72 Reverse Edition" series is a truly original silver coin made in China, with a few stamped sample coins remaining extremely rare to this day. It has a groundbreaking milestone in the history of modern Chinese coinage and is of extraordinary value.