CNG 99, Lot: 986. Estimate $2000. Sold for $1200. This amount does not include the buyer’s fee.

CHINA, Zhōnghuá Mínguó (Republic of China). Provincial issues. 1912-1949. AR 1 Mace 4.4 Candareens – 20 Cents (23mm, 12h). Yúnnán province. Yúnnánfǔ mint. Posthumous issue in the name of Dézōng (Guāngxù), struck 1911. Bao yuan guang xu in Hànzì characters, similar legend in Manchu within; rosettes flanking; additional Hànzì legend around / Flying imperial dragon facing, coiled leftward around flaming pearl; rosettes flanking. L&M 423; Kann 173a; KM (Y) 256a. In PCGS encapsulation graded MS 64.