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KIAUCHAU: Wilhelm II, 1898-1914, 10 cents, 1909, PCGS AU58

Currency:USD Category:Coins & Paper Money / Chinese Coins - Foreign Colonies Start Price:120.00 USD Estimated At:125.00 - 175.00 USD
KIAUCHAU: Wilhelm II, 1898-1914, 10 cents, 1909, PCGS AU58
SOLD
240.00USD+ buyer's premium (48.00)
This item SOLD at 2025 Sep 21 @ 20:36UTC-07:00 : PDT/MST
IMPORTANT NOTE - The Buyer's Premium is now $20 per lot or 20% of the hammer price, whichever amount is greater. However, we have also reduced opening bids on lower value items to adjust for the new Buyer's Premium structure, so all-in costs are still very close to what they were in the past. This change in fee structure will allow us to continue to offer coins valued at less than $100 in addition to our higher value offerings. Contact us with any questions.
KIAUCHAU: Wilhelm II, 1898-1914, 10 cents, 1909, Y-2, J-730, Deutsche Kiautschou Gebiet // Chinese inscription dà dé guó bao at center, qing dao above, an attractive example, PCGS graded AU58. The Kiau Chau Bay concession (Kiautschou Bucht in German, Jiaozhou Wan in Chinese) was a territory leased by Germany from 1898 to 1914. The administrative center of the territory was located at Tsingtau (Qingdao). The Deutsch-Asiatische Bank issued copper-nickel 5 cents and 10 cents in October 1909 to cope with market confusion arising from the exchange between the Mexican 8 reales (which Chinese merchants commonly used) and the German mark. It was decreed that local authority had unlimited obligations to exchange these coins for Mexican 8 reales (as 1 yuan) and may not refuse them for transactions within 3 yuan. When Tsingtao was occupied by the Japanese military on November 7, 1914, these coins ceased to circulate.