China (1927) yuan
This specimen was lot 23968 in Heritage sale 3015 (Long Beach, September 2011), where it sold for $690. The catalog description noted, "Republic. Memento Dollar ND (1927), MS63 NGC, a choice and fully original coin with appealing toning and full mint brilliance, a premium example for this designation." In the late 1920's, Chiang Kai-Shek's Nationalists managed to defeat the Communists and extort professions of loyalty from most of the major warlords. During that brief calm, the mints issued several handsome commemoratives, including this one honoring Sun Yat-sen. He was unable, however, to stave off Japanese aggression and a new round of fighting began in 1931.
Recorded mintage: unknown but restruck more than once.
Specification: 27 g, .890 fine silver, .772 troy oz ASW.
Catalog reference: KM-Y318a, L&M-49.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3015, Dallas, TX: Heritage Auction Galleries, 2011.