(t) CHINA. Chihli (Pei Yang). Tael, Year 33 (1907). PCGS Genuine--Tooled, Unc Details.

L&M-438; K-938a; KM-Y-74.1; Chang Foundation-p. 116 #52; Wenchao-p. 415 #634; WS-0638. Variety with no dots on fiery pearl. Despite its details designation and exhibiting some light, subtle tooling, this INCREDIBLY RARE type is ceaselessly sought after and always hotly contested. Some pleasing golden-russet toning throughout merely augments its robust appeal. A great opportunity for an incredibly difficult coin that doesn't at all present itself on the market that often. During the reign of Emperor Kuang-hsu, attempts were made to introduce a standard Tael coinage. Intended to circulate alongside the 7 Mace 2 Candareen units, the coinage was met with mixed approval. As a result, this coinage never gained wide acceptance and was abandoned after the death of the emperor. Shortly thereafter, this project was replaced with attempts at producing a unified coinage. Allegedly, about 7,000 Pei Yang Taels were initially struck, though most, however, never entered circulation. A majority of the mintage was recalled and melted, accounting for its rarity. Today, it is considered one of the classic rarities of Chinese numismatics.

Estimate: $250000.00 - $350000.00

光緒三十三年北洋光緒元寶庫平一兩銀幣。天津造幣廠。

龍珠上有七焰。幣面呈現非常輕淺的工具痕跡，致得細節評分。即便有瑕，但此版長久收來受藏家追捧及愛戴，拍場上常見熱烈競爭。通體金赤褐色包漿美倫美奐，絕佳機會將此版式稀少之仍納入囊中。 光緒年間，清政府曾致力引入以"兩"計重的標準單位。此類壹兩銀幣原計劃與庫平七錢二分系列錢幣混合流通。新單位銀幣在推行批准上遭遇了層層阻礙，並未得到廣泛接納。光緒帝駕崩不久，該項幣制改革計劃便宣告流產，政府轉而嘗試統一推行全新幣制。據估計，北洋壹兩鑄造總數僅約7,000枚，大部分未進入市場流通，且多被召回重熔。時至今日，北洋壹兩以其經典的設計和稀有的屬性而備受推崇。