CHINA. Dollar, Year 9 (1920). PCGS MS-64.

L&M-77; cf. K-666a/b; KM-Y-329.6; WS-0181-8. Hainan variety. Though dated to year 9, these Hainan varieties-- distinguishable by the non-bisected central leaf at the top left portion of the wreath, the somewhat 'recessed' field just interior to the denticles, and the lower right stroke of the "yuan" ending horizontally rather than with a slight uptick --were in fact struck in 1949 and circulated in the mainland until the fall of the Republic. Quite RARE and interesting, especially when encountered this brilliant and alluring.

Estimate: $4000.00 - $6000.00

民國九年袁世凱像壹圓銀幣。

即便是九年發行,（花圈左上角的中央禾穗無平分，小齒內部有點"凹陷"的區域，以及"圓"的右下筆水平結束而非略為向上）事實上於1949年所鑄，流通至民國末期。頗罕，有趣的一枚，光澤出眾誘人。