China-Kwangtung 1889 50 Cents Silver Pattern
CHINA-KWANGTUNG ND(1889) 50 Cents Silver Reversed Pattern, L&M124, Y197, NGC AU55. Italia Collection. Heaton specimen strike, purchased from Steve Eyer in the 1980's. High grade, circulated strike of the 1889 50 cents is much rarer than the specimen styles. From the first set of silver coins made at China's first modern mint, this fifty cent coin has the denomination given in English as: 3 MACE AND 6-1/2 CANDAREENS. This value is based on a dollar of 7.3 Mace, but later in 1889 the weight of the dollar was reduced to 7.2 Mace and the half dollar to 3 Mace and 6 Candareens. Both of these 1889 sets have the Chinese inscription around the dragon and an English inscription around the emperor's name. From 1890 onward the English was moved to the other side of the coins, surrounding the dragon. An AU-UNC piece sold for USD 24,500 in Beijing 2010 Spring auction.