CNG 96, Lot: 1094. Estimate $150. Sold for $180. This amount does not include the buyer’s fee.

CHINA, The Five Dynasties and Ten Kingdoms. Southern Hàn. Liú Yán. AD 911-942. PB (25mm, 4.22 g). Guǎngzhōu mint in Guǎngdōng province. Qian Heng Zhong Bao in Hànzì characters / Blank. BN Chinoises II 1502-7; Hartill 15.108-10. EF, tan patina. Exceptionally high grade for a lead coin.

From the J.P. Righetti Collection.