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KIAUCHAU: William II, 1897-1914, 5 cents, 1909, PCGS AU details

Currency:USD Category:Coins & Paper Money / Chinese Coins - Foreign Colonies Start Price:100.00 USD Estimated At:100.00 - 150.00 USD
KIAUCHAU: William II, 1897-1914, 5 cents, 1909, PCGS AU details
SOLD
130.00USD+ buyer's premium (26.00)
This item SOLD at 2026 Apr 15 @ 14:58UTC-07 : PDT/MST
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BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
KIAUCHAU: William II, 1897-1914, 5 cents, 1909, Y-1, J-729, Deutsche Kiautschou Gebiet // Chinese inscription dà dé guó bao at center, qing dao above, PCGS graded About Unc details. 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.