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Live auction - fwo_392397 - CHINA - REPUBLIC OF CHINA 1 Yuan (1 Dollar) Sun Yat-Sen 1912

CHINA - REPUBLIC OF CHINA 1 Yuan (1 Dollar) Sun Yat-Sen 1912 MS65 PCGS
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 15 000 €
Price : 7 500 €
Maximum bid : 9 000 €
End of the sale : 27 September 2016 17:43:37
bidders : 1 bidder
Type : 1 Yuan (1 Dollar) Sun Yat-Sen
Date: 1912
Quantity minted : 55000
Metal : silver
Diameter : 39 mm
Orientation dies : 12 h.
Weight : 27 g.
Edge : cannelée
Rarity : R2
Slab
slab PCGS
PCGS : MS65
Coments on the condition:
Sous coque PCGS MS65
Catalogue references :
KM20/319

Obverse

Obverse legend : (CARACTÈRES CHINOIS).
Obverse description : Buste à gauche de Sun Yat Sen.

Reverse

Reverse legend : THE REPUBLIC OF CHINA* ONE DOLLAR*.
Reverse description : Valeur au dessus d’une couronne végétale ouverte.
Reverse translation : (La République de Chine* un dollar).

Commentary

Magnifique exemplaire recouvert d’une belle patine grise aux reflets brillants. En 2014 un exemplaire a réalisé 17 000 euros dans une vente Stack’s dans la même qualité, MS65. En 2012 un exemplaire de qualité équivalente à réalisé 15200 euros dans une vente Héritage.

Historical background

CHINA - REPUBLIC OF CHINA

(1912-1949)

Frustrated by the resistance of the imperial court to the reforms, young civil servants, officers and students, inspired by the revolutionary ideas of Sun Yat-sen began to consider the overthrow of the Qing dynasty in favor of a Republic. The Wuchang uprising on October 10, 1911 in Wuhan led to the abdication of the last emperor, Puyi. A provisional government was formed in Nanjing on March 12, 1912, chaired by Sun Yat-sen. Sun must cede power to General Yuan Shikai, commander of the army. Within a few years, Yuan Shikai abolished the national and provincial assemblies. Republican leaders must go into exile. Sun then takes refuge in Japan. Yuan Shikai proclaims himself emperor but is forced to resign. When he died in 1916, the Republican government broke down. An era of "warlordism" begins during which China is ravaged by the struggles between shifting coalitions of provincial military leaders.

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