Wednesday, March 21, 2012

World Coin of the Week: A Beautifully Toned Hunan Dollar

By Kyle Ponterio, Numismatist and Consignment Director

Stack’s Bowers and Ponterio is pleased to present a beautifully toned Hunan Dollar, Year 11 (1922) as lot 21231 in our April 1-4, 2012 auction to be held in Hong Kong. This lovely piece graded MS-63 by NGC, is from the ANS Museum duplicates collection and is featured in one of the three impressive catalogs produced for this four-day event.

Hunan Dollar, Year 11(1922). L&M- 867; K763; Y-404; Hsu- 22.  Hunan Provincial Constitution. This coin was struck to commemorate the Promulgation of the constitution.  In a time of presidents and warlords the people wanted to unite, but also to have autonomy in their own provinces.  Zhao Hengxi, the governor of Hunan wanted to protect the province from civil war so he worked diligently to establish the provincial constitution and was finally successful on January 1, 1922.  The constitution which contains 141 articles grouped under 13 chapters, states the difference between the central and local governments.  Some of the weaker warlords were for these constitutions as it was used somewhat like a talisman in that no other province’s armies could enter the province without permission.  Several southern provinces followed suit and successively drafted and instituted their own constitutions.

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