CHINA-REPUBLIC 1932 5 Cents Gold Value Copper Pattern, without hole, K829b, NGC MS64BN

In 1929, the government of the Chinese Republic proposed a gold standard system for a national currency. But this plan failed. Only remained these pattern coins to witness this historical event.

The gold standard series include dollar, half dollar, 20 cents and 10 cents in silver and 5 cents, 2 cents in nickel, one cent is copper. All of these coins are trial patterns, only few known to exist.

These patterns were designed by Clifford Hewitt, and dies were prepared by John Sinnock. Trial pieces struck in Philadelphia and sent to Shanghai together with dies.

This (without hole struck in Copper) is the finest known example of the rarest variety. A great opportunity to own this historic important numismatic rarity.

Recent Transaction Records of 1932 5 Cents

1 (HK, Aug. 2008) NGC MS61, with hole, Nickel, sold 7,170 USD

2 (HK, Dec. 2010, Wa She Wong Collection)NGC MS 62, without hole, copper, wide edge, sold 19,120 USD

3 (HK, Dec. 2010, Wa She Wong Collection) NGC MS 63, with hole, Nickel, sold 16,730 USD

4 (HK, Dec. 2010, Wa She Wong Collection) NGC AU Details, without hole, Nickel, sold 20,135 USD

5 (HK, Aug. 2011) NGC MS 63, with hole, Nickel, sold 14,340 USD

6 (HK, Apr. 2012) NGC MS 62, with hole, Nickel, sold 10,157 USD

7 (HK, Aug. 2014) NGC AU Details, with hole, Nickel, sold 21,240 USD

This pattern is usually struck in nickel with center hole. The version without hole is much rarer. The bronze version is extremely rare.

NGC MS64BN