The estimate of 40,000 Danish kroner, the equivalent of $6,260, was
right on the money for a bundle of 50 circulated Chinese Chi’ing
Dynasty 500-cash notes of 1854. When the auction lot sold for 1.4
million kroner ($219,000), the highest price ever for a coin auction
in Denmark, the auction house, Bruun Rasmussen of Copenhagen, was as
shocked as anyone.
Part of the explanation is the notes were in a bundle. As the
catalog explained, “At one point, they returned to the bank, where
they were tied together with a string that has been sealed with a tag.
What makes this bundle so desirable is that the string is unbroken and
the bundle of banknotes is intact. It may well be the only example of
its kind found outside a museum. The value of the bundle itself far
exceeds the value of each banknote as it is the sealed bundle that is
so valuable to collectors.” Whether an astute collector spotted a
rarity in its midst is anyone’s guess.
Mysterious zinc cent discovered in antique store.
A 1982 Lincoln cent and cent blanks encased in acrylic are
possibly employees’ souvenirs from when the Ball Corp. began
supplying the Mint with cent planchets.
Also playing a part was the pedigree to the Danish art collector
and engineer Sophus Black (1882 to 1960), who was stationed in China
for the Great Northern Telegraph Company from 1902 to 1931. He built a
varied collection of Chinese art that included pieces now in the
Danish National Museum.
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