TIBET: AR ¼ rupee, Chengdu mint, ND (1904-12), Y-1, L&M-362, Szechuan-Tibet trade issue, portrait of the Chinese emperor Guang Xu derived from British Indian rupee of Queen Victoria // vertical rosette at center, Chinese inscription, si chuan sheng zao ( "made in Sichuan "), branches with cusps and flowers around, a feature also derived from the reverse of British Indian rupees, PCGS graded VF35.

Estimate: USD 375-425