NGC-certified Vintage Chinese Rarity Tops Stack’s Bowers Galleries Hong Kong Auction

Posted on 4/17/2015

An extremely rare China-Kiangnan 1898 L&M-216 Circlet Scale Dragon Silver Dollar, graded NGC MS 65, realized $418,250 at the April auction.

The Stack’s Bowers Galleries April 2015 Hong Kong, China Auction was led by an extremely rare 1898 Chinese Dragon Dollar certified by Numismatic Guaranty Corporation® (NGC®) that sold for nearly five times its presale high estimate. The NGC MS 65 China-Kiangnan 1898 L&M-216 Circlet Scale Dragon Silver Dollar realized an impressive $418,250 on a presale estimate of $70,000 to $90,000.

Another amazing NGC-certified piece from Kiangnan Province achieved an exceptional result. The 1905 L&M-262, Y-145A.17 Silver Dollar graded NGC MS 65—the finest example by a full three points—sold for $179,250. It had a presale estimate of $30,000 to $40,000.

These results were followed by an NGC MS 63 China-Chihli 1907 L&M-428, Y-74.1 Tael that sold for $161,325 and a China Year 3 (1911) L&M-28, Kann-223 Long Whiskered Dragon Silver Dollar graded NGC MS 63 that realized $155,350. Another notable result for a vintage Chinese coin was the $65,725 paid for the Kweichow 1949 Bamboo Dollar graded NGC XF 45.

Also memorable are two Korean coins that dramatically exceeded their presale estimates. A Korea KM9(1905) 5 Chon graded NGC PF 64 Cameo—the only Proof example graded by NGC—realized $20,315 on a presale estimate of $900 - $1,200, and a KK501 (1892) Yang graded NGC MS 65 sold for $13,145 on a presale estimate of $700 - $1,000.

“We are thrilled with the fantastic results for the NGC-certified coins in this sale,” says Rick Ponterio, Executive Vice President of Stack’s Bowers Galleries. “The top prices paid by our bidders show the extraordinary confidence that they have in NGC’s grading and guarantee.”

For more results and information, visit the Stack’s Bowers Galleries website,

Stay Informed

Want news like this delivered to your inbox once a month? Subscribe to the free NGC eNewsletter today!


You've been subscribed to the NGC eNewsletter.

Unable to subscribe to our eNewsletter. Please try again later.

Articles List

Add Coin

Join NGC for free to add coins, track your collection and participate in the NGC Registry. Learn more >

Join NGC

Already a member? Sign In
Add to NGC Coin Registry Example
The NGC Registry is not endorsed by or associated with PCGS or CAC. PCGS is a registered trademark of Collectors Universe, Inc. CAC is a trademark of Certified Acceptance Corporation.