Republic. Yunnan Province. 5 Dollars (1919). Facing military bust of General Tang Chi-yao, legend Tang Governor-General of the Military Government. Rv. Crossed Army and 5-stripe National flags, legend Gold Coin Commemorating Defense of the Republic, Equivalent to 5 Silver Dollars. Kann 1527, Fr.12, Y.481. This is one of China's only Gold coins intended for actual circulation. General Tang was a leader in the defeat of President Yuan Shih-kai's plans to reestablish the monarchy in his own person. Very Choice Brilliant Uncirculated. (Est. $2,000-$2,500)
Ex Louis E. Eliasberg Collection (American Numismatic Rarities, April 2005, lot 2246); previously in the John H. Clapp Collection.
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