By Greg Cohen, Professional Numismatist and
Consignment Director, U.S. and World Coins. Catalog description by Chris Chatigny, Cataloger.
This wonderful and fresh to the
market pattern rarity, purchased in the 1960s from New York coin dealer Hans M.F.
Schulman, brought a strong $47,800 realization after spirited floor bidding, on
an estimate of $15,000-$20,000.
The coin was described in our
catalog as follows:
“CHINA. Szechuan. Pattern 7 Mace
2 Candareens (Dollar) Struck in Brass, ND (1897). NGC MS-62.L&M-345 (for
type); K-145y; KM-Pn15; C.C. Tsiang-pg. 98 fig. 219 (for type); Ferracute: The
History of an American Enterprise: pg. 72; H. Chang-CH37 (for type); Shih-C17-4
(for type); Wenchao-pg. 464 #730 (for type); The Modern Coinage of China
1866-1949-pg. 83 #9. During this year multiple patterns were struck at several
places in the United States. Sets of patterns were struck at the U.S. Mint in
Philadelphia while the other sets were struck at the Ferracute factory in New
Jersey. According to Edward Kann the pieces from the Philadelphia Mint were
struck in "Perfect Silver Content". Pieces in aluminum and brass (like
this one) were struck at the Ferracute factory. The designs for the Ferracute
pieces were exact copies of those of Kwangtung with the exception of the
province name. Henry Janvier of Ferracute was sent to China to oversee the
establishment of the Chengtu Mint and to ensure the machinery was set up
properly. VERY RARE. Attractive luster around the devices.”
We would like to congratulate the
successful bidder on acquiring a very rare item, sure to be a highlight of his
or her cabinet.
No comments:
Post a Comment