NGC Grades Rare Chinese L. Giorgi Pattern

Posted on 7/16/2020

The rarity was submitted to NGC's affiliate in Shanghai, which grades most vintage and nearly all modern coins on a full-time basis.

Numismatic Guaranty Corporation (NGC) recently certified a rare and important vintage Chinese coin: a 1914 L. Giorgi L&M-67 Pattern Silver Dollar. The rarity, which was submitted to NGC’s office in Shanghai, will be sold at the upcoming HOSANE auction in Shanghai, China,held July 18-19,2020. HOSANE is a famous auction house in China.

Graded NGC SP 61, the coin shows Yuan Shih-kai, who ruled as the first president (and briefly as emperor) during the Republic of China period from 1912 until his death in 1916. Coins bearing his likeness were first issued in 1914 and continued to be struck several years after his death.

China 1914 L&M-67 Dollar Pattern graded NGC SP 61.
Click images to enlarge

The ones that show a side profile, like the pattern recently certified by NGC, are sometimes called "Fat Man Dollars," and are particularly popular in Chinese numismatics. Their design was created by Luigi Giorgi, the chief engraver at the Tientsin Mint. The L&M-67 patterns include “L. GIORGI” on the obverse behind Yuan's shoulder.

"Of the more than 3 million Chinese coins that NGC has certified, this is certainly one of the most prestigious," said Mark Salzberg, NGC Chairman and Grading Finalizer. "For rarities like this one, collectors find NGC's comprehensive guarantee of authenticity and grade to be especially appealing."

This valuable vintage coin was submitted to NGC Shanghai Business Information Consulting Co., Ltd. (NGC Shanghai), the China affiliate of NGC. NGC Shanghai grades most vintage coins as well as nearly all modern coins on a full-time basis at its facility in Shanghai.

To learn more about submitting to NGC Shanghai, click here. For information about a special, limited-time discount for certain vintage Chinese coin submissions to NGC Shanghai, click here.

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