2017-08-02 Wed

Li Yuan Hung, who led the anti-Manchu movement, was named vice president after his troops shook the government of Hupeh Province in China in 1911. Experts believe that he became a part of the movement without any real intention.

Hung became the president after Yuan Shih-Kai died. He was then featured on silver coins after he got his new role. A similar silver coin, graded Mint State 62 Secure with a spelling error will be auctioned on 15th August by Stack’s Bowers and Ponterio’s auction in Hong Kong.

Minted in Wuchang in 1912, the obverse features Hung in his military uniform and peach flowers. A Chinese text translates to “Coin commemorative of the change of regime”.

The depicts a wreath of rice ears and bean stalks, the denomination in Chinese, and the texts in English REPUBLIC OF CHINA and ONE DOLLAR. The first set of coins released had the letters OE instead of OF. Corrected versions were made immediately but the error versions are rarer and sought after by collectors.

The offered coin has a good strike and lustre. It will be sold at an estimated value of $22,000 to $26,000.