Chinese pattern rarity offered in Hong Kong auction April 3

A.H. Baldwin & Sons Ltd., Ma Tak Wo Numismatic Co. Ltd. conducting sale
By , Coin World
Published : 03/18/14
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Chinese coin rarities highlight the 56th Hong Kong auction April 3 of London-based auctioneer A.H. Baldwin & Sons Ltd., conducted in association with Ma Tak Wo Numismatic Co. Ltd. 

A highlight is the “very rare” circa 1866 Chekiang Province brass cash pattern, an example of the first Chinese-style round-hole cash, similar to the contemporary Hong Kong issues. 

According to research in Richard Wright’s book, The Modern Coinage of China 1866-1949, The Evidence in Western Archives: “The Imperial Chinese authorities showed little interest in the machine minting of coins until the 1880s. Therefore the fact that the Paris Mint struck a pattern Chekiang Province cash coin as early as 1866 is somewhat of an enigma, particularly as the mint officials there have no evidence or knowledge of any further French involvement with the Chinese coinage.”

According to the firm, Paris Mint records states that only three of the patterns were struck but Wright argues that there may have been more, and the pieces could have been created solely for the purpose of an official Mandarin dignitary’s visit to Paris. Baldwin’s suggests that the pattern was struck for the European visit of Pin Ch ‘un, the Chinese Secretary of the Imperial Maritime Customs to Europe, which included Paris and its mint. 

Baldwin’s suggests that the example in the auction is “possibly the fourth known,” but no provenance of the others is available.

The pattern is graded Specimen 64+ by Professional Coin Grading Service, and is estimated to sell for $20,000 to $25,000 U.S.

Bank notes, other coins

Elsewhere in the sale, a selection of Asian bank notes includes an original stapled bundle of 100 consecutive 100-rupee notes, serial numbers B19 683201 to B19 683300. 

Circa 1944, the notes issued by the Reserve Bank of India, Calcutta, are signed by C.D. Deshmukh and depict King George VI in profile at the right. 

They are estimated to sell for $120,000 to $150,000 U.S. 

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