The August 2012 Hong Kong Auction

Pre-Bidding Ends: 8/19/2012 6:00:00 PM PST
Live Floor and Internet Bidding Begins: 8/19/2012 7:00:00 PM PST

Lot #51244. CHINA. Hunan. Dollar, Year 11 (1922). NGC MS-66.

TIED FOR FINEST NGC CERTIFIED "HUNAN PROVINCIAL CONSTITUTION COMMEMORATIVE DOLLAR"
Description: L&M-867; K-763; Y-404; Hsu-22. "Hunan Provincial Constitution." This coin was struck to commemorate the Promulgation of the constitution. In a time of presidents and warlords the people wanted to unite, but also to have autonomy in their own provinces. Zhao Hengxi, the governor of Hunan wanted to protect the province from civil war so he worked diligently to establish the provincial constitution and was finally successful on January 1, 1922. The constitution which contains 141 articles grouped under 13 chapters, states the difference between the central and local governments. Some of the weaker warlords were for these constitutions as it was used somewhat like a talisman in that no other provinces armies could enter the province without permission. Several southern provinces followed suit and successively drafted and instituted their own constitutions. Tied for finest certified by NGC with only three coins certified in this grade. Rare grade. Choice, original surfaces with light golden toning.

NGC MS-66.

Ex: Ponterio & Associates August 2009, auction 150, lot#9286. Previously from an old time California collection of Chinese coins.
Estimate: $50,000 - $75,000


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