(t) CHINA. Sinkiang. Sar (Tael), Year 7 (1918). Urumchi (Tihwa) Mint. PCGS AU-53.
L&M-839; KM-Y-45.2; WS-1321. Variety with ornate branches. Seldom encountered in such a state of preservation, the present example retains a great deal of originality and charm. Presenting with a rich toning and sharp strike, this specimen should see much attention.

民國七年迪化銀圓局造壹兩銀幣。迪化造幣廠。
藤枝交接頂部帶梅花版，少見好品相，原裝美品，包漿沈郁，鑄打銳利，本樣幣定必引起藏家高度關注。 (t) On September 1, 2019, the United States enacted new tariffs on collector's items of Chinese origin, including bullion and numismatic coins and banknotes. This lot was manufactured in China and was sourced from outside the United States for this auction after the tariffs were enacted. Accordingly, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff plus a processing fee of 0.3464% (minimum $31.67 / maximum $614.35). Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimate: $2000.00 - $3000.00