The Twenty-Fifth Issue of JEAN

東亞泉志

No.25

2022.01 / Issue 43

THE JOURNAL OF EAST ASIAN NUMISMATICS 中英雙語 - 電子季刊

Bilingual (English - Chinese) Digital Quarterly

25 th

周年

JEAN 1994-2019

邱文明 Arthur B. Coole

新疆金幣說明文字及邱文明不同時期的藏書票 /The Description of Sinkiang Gold Coin in the Transcripts of Illustrated Catalog of Sinkiang and Arthur Coole's Bookplates in Different Periods

新疆餉金一錢金幣，PCGS MS64 Sinkiang One Mace Gold , PCGS MS64

新疆餉金二錢金幣，迪化造幣廠造，NGC MS64 Sinkiang Two Mace Gold, Tihwa Mint, NGC MS64

『本期專題 | FEATURES 』 一對龍馬金銀樣幣的傳奇

The Legend of a Pair of Dragon and Horse Gold and Silver Patterns

中國用黃金鑄幣的嘗試從未成功過

China's Attempts At Coinage From Gold Never Succeeded

邱文明舊藏《新疆圖志》抄本考論：兼述邱文明生平及其泉學研究

Research on the Transcripts of Illustrated Catalog of Sinkiang from the Arthur Coole Collection

古錢幣裏的大商機

Big Business for Numismatics

2022 年柏林世界錢幣展覽會柏林熊貓雙胞胎出生紀念 銅鍍金章 / 鉑金章 2022 World Money Fa ir B erlin Pa nda T w ins Bir t h Commemorative Gold Gilted Brass & Platinum Medal

JEAN

《東亞泉志》為冠軍拍賣公司總裁周邁可先生和著名錢幣學 專家史博祿先生於1994年創辦，是一本學術性錢幣研究專

《東亞泉志》

業雜誌。旨在讓廣大錢幣收藏家、研究學者更深入地瞭解錢 幣知識，讓世界各地的讀者更好地瞭解中國深厚的錢幣文化。

2022 免費訂閱

《東亞泉志》於1994年7月份問世，1999年停刊，發行了

18期。2015年5月，周邁可先生決定於2016年1月復刊《東

中英雙語 - 電子季刊

亞泉志》，聘請著名錢幣研究學者袁水清先生擔任主編。

Bilingual (English - Chinese) Digital Quarterly

以披露最新錢幣收藏研究成果、推介泉界成 功人士的事蹟為主。主要欄目有學術研究、 人物專訪、鑒賞爭鳴、拍賣回顧、重要信息等。

25 th

No. 25

周年

JEAN 1994-2019

2022. 01 / Issue 43

志 東亞 泉 志 志亞 泉東亞泉志 東亞 泉東 No. 18

No. 17

15 No.

/ Issue 2020. 01

35

2020. 04 / Issue

No. 19

36

東亞

No. 20

2020. 07 / Issue 37

泉東 志亞 泉東 志亞 泉

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往期電子雜誌

THE JOURNAL OF EAST ASIAN NUMISMATICS

Issu e 42

Welcome to contribute articles. 歡迎投稿 !

Chinese / 中文 / jeanzg@163.com English / 英文 / championghka@gmail.com

Advisor

Chinese Editor

Che-lu Tseng

Yuan Shuiqing

顧問

中文主編

曾澤祿

袁水清

Hans-Henning Goehrum 漢斯 - 亨寧 · 格魯姆 Technical Advisor

Ma rket i ng Adv isor

US Correspondent

European Correspondent

Gu Jun

Mark Sutton

J. Matthew Brotherton

Oliver Strahl

技術顧問

市場顧問

顧軍

馬克·修頓

美國通訊員

馬修 · 布拉澤頓

Publisher & Editor in-Chief

Advertising & Circulation Manager

Michael H. Chou

Esther Zhao

Senior Editor

Design Director

出版人 & 總編輯

奧利弗·斯特拉爾

廣告與發行經理

周邁可

趙婷婷

高級編輯

美術設計

Bruce W. Smith

Steve Feller

史博祿

「 中英雙語 · 電子季刊

歐洲通訊員

史蒂夫·費勒

|

Tan Wanmei 譚婉梅

Bilingual (English - Chinese) Digital Quarterly」

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（

FOREWORD

Welcome to Issue 25 of the Jour nal of East Asian Numismatics .

In this issue, we have a very important article about Chinese gold coins by the famous and important collector of Chinese coins, Eduard Kann, that was previously published in 1962 in Coin World .

We have another interesting article about Arthur Coole, Sinkiang coins, and his numismatic publication by our contributing author Cheng Bin of Sinkiang. Ge Zukang, an expert on modern Chinese coins, has an article about a pair of gold and silver patterns featuring a dragon and a horse.

Our friends Jeff Garrett and David Vagi also have interesting articles that were previously published by NGC which we think will be interesting for our readers.

Long-time contributing author Howard Daniel has a very interesting article about a set of Vietnamese banknotes.

In this issue, our editor Zhou Bian has two book reviews, with one based on The First Album of King Kwei Lun Ku

by Chen Rentao, and the other about the Joseon dynasty ancient coins. Both books are from the Gu Quan Wen Ku series.

Our European corresponding author, Oliver Strahl, contributed an article to introduce the 2022 World Money Fair, Berlin, which is worthy of reading.

In addition to numismatic articles, Bertram W. H Poole’s article about his new discovery of a dragon stamp, the first issue of China, is covered in this issue. Poole was a friend of Howard Bowker, and both of them were leading

stamp experts at that time.

We are very honored to have released in December the third edition of the book, Top Chinese Coins . The second edition was released in 2011 and a new update is essential.

I would like to thank all our editors, advisory committee members, all the voters, and our staffs' efforts who made this book possible. We had wonderful book release events in Shanghai, Macau, Beijing, and Taipei. We review the first release events and other wonderful events held by Champion in this issue.

The next book release will be the US on 2/18 from 1 p.m. to 2 p.m. at the Long Beach Coin Convention. Chief editor Ron Guth will hold a booking signing at his table 933.

Chuan Pi is a numismatic journal in the 1940s. It is not only an important research and collection reference, but also has value for literature collectors. The original edition of this journal is very rare, and we were lucky to obtain a well-preserved set from the collection of Howard Bowker. We will share some important articles with our readers from this issue.

We hope there is an article of interest for our readers in this issue and look forward to meeting our readers again at leading international numismatic events in 2022.

Michael Chou Publisher & Editor-in-Chief

CONTENTS

08 09 12

The Regulations of the Chun Pi Journal

22 24 25 28 36 62

Sanxing 2022 Spring Auction - Coins and Miscellaneous

Chun Pi〔Shanghai〕

The Regulations of the Chun Pi Society

Sanxing Auction〔Nanjing〕

The Twentieth Volume in the Gu Quan Wen Ku Series- King Kwei Lun Ku Tsung Zhou Bian〔Shanghai〕 Ho K’An-Volume I: Chinese Epigraphic A Comprehensive and Systematic Study and Collection of Coins of the Joseon Zhou Bian〔Shanghai〕 Dynasty- Catalog of Joseon Coins The Third Edition of Top Chinese Coins is Being Sold Worldwide 2021 Chinese Coin Market Review-Part I The First Issue of China a New Discovery

DEPARTMENTS

Chun Pi〔Shanghai〕

Champion Auction Live Broadcast Has Received an Overwhelming Response, Champion〔Shanghai〕 with Multiple Events Hitting Tens of Thousands of Views

Yuan Shuiqing〔Xi'an〕

Champion〔Shanghai〕 ISBN 978-0-9905200-4-7

Bertram W. H Poole〔UK〕 90000>

9 780990 520047

FEATURES

64 69 74

The Legend of a Pair of Dragon and Horse Gold and Silver Patterns

98

Big Business for Numismatics

COLUMN

104 112 122

China's Attempts At Coinage From Gold Never Succeeded

Ge Zukang〔Hangzhou〕 Edward Kann〔USA〕

Research on the Transcripts of Illustrated Catalog of Sinkiang from the Arthur Coole Collection

Jugate Portraits on Ancient Greek Coins The Numismatic Year 2022 Việt Nam Rebel Phan Bội Châu Paper Money

Cheng Bi〔Urumqi〕 Jeff Garrett〔USA〕

David Vagi〔USA〕

Oliver Strahl〔EUR〕

Howard A. Daniel〔USA〕

前言 yan

（

qian

歡迎閱讀《東亞泉志》第25期。

霍華德 · 包克的好友，兩人都是當時著名的郵票專家。

在這一期中，我們有一篇非常重要的關於中國金幣的文章，作者是

我們非常榮幸地在12月發行了《中國近代機製幣精品鑒賞 第三版》，

著名的中國近代機製幣大師耿愛德，這篇文章曾在1962年發表於

《錢幣世界》雜誌。

我們這期有一篇內容涉及邱文明《新疆圖志》抄本考證及其泉學研 究的有趣文章，由我們的特約作者成斌先生撰寫。中國現代金銀 幣方面的專家葛祖康先生也撰文介紹了一對傳奇的樣幣⸺ 龍馬金 銀樣幣。

我們的朋友傑夫 · 加勒特和大衛 · 瓦吉分別撰寫了關於古錢幣裏的 大商機和古希臘錢幣上的並列肖像的有趣文章，這兩篇文章曾發表 於 NGC 網站。我們認為這對我們的讀者很有閱讀價值。

長期供稿的霍華德 · 丹尼爾在本期有一篇關於越南紙幣的有趣文 章。

我們的編輯周邊先生就入編“古泉文庫系列叢書”的《金匱論古合

刊 - 金石編》（陳仁濤著）和《朝鮮王朝古錢譜》撰寫了兩篇書評。 我們的歐洲通訊作者奧利弗 · 斯特拉爾也就即將舉辦的2022年世

對早在 2011年發行的第二版進行了取代和更新。

我想感謝我們所有的編輯、顧問委員會和我們的工作人員所做的努 力，使這本書成功出版。我們在上海、澳門、北京和臺北舉行了精

彩的新書發行活動，我們也在本期的雜誌中對各地的首發活動以 及冠軍拍賣舉辦的其他精彩活動進行了回顧。

下一場新書發行活動將於2月18日下午1點至 2 點在美國長灘錢幣展

上進行， 《中國近代機製幣精品鑒賞 第三版》主編古富將在展會上

簽售，展位933號。

《泉幣》是 20世紀40 年代的錢幣刊物，它不僅是重要的錢幣研究

和收藏參考資料，更具有文獻收藏價值。此刊原版已極少見，我 們有幸獲得一本霍華德 · 包克製作的合集，保存相當完好。我們將

從這期開始和讀者分享其中的一些重要文章。

我們希望每位讀者都可以在本期找到自己感興趣的文章，也期待與 各位在 2022年的世界頂級錢幣活動中再會。

界錢幣展覽會的情況撰寫了一篇文章，非常值得一讀。

除了錢幣相關的文章外，這期还刊載了伯特倫 · 普爾就他對中國首

套郵票⸺ 大龍郵票的一些新發現所撰寫的文章。伯特倫 · 普爾是

《東亞泉志》總編輯兼出版人

周邁可

目錄 mu

10 11 17 23 26 27 32 49 63

lu

《泉幣》簡介

泉幣〔上海〕

《泉幣》學社簡章

泉幣〔上海〕

冠軍直播反響熱烈，多場活動點擊破萬

冠軍研究室〔上海〕

歲月傳承·古韻彌香：三省 2022 春季拍賣會——錢幣雜項大賞

三省拍賣〔南京〕

古泉文庫系列叢書第二十種（文獻類）： 《金匱論古合刊 - 金石編》

一部全面系統研究和收錄朝鮮王朝錢幣的專著： 《朝鮮王朝古錢譜》 《中國近代機製幣精品鑒賞 第三版》正在全球熱銷 2021 年中國錢幣市場回顧 第一部分 中國首套郵票新發現

周 邊〔上海〕 周 邊〔上海〕

部 門

袁水清〔西安〕

冠軍研究室〔上海〕

伯特倫·W. H·普爾〔英國〕 ISBN 978-0-9905200-4-7

90000>

9 780990 520047

專 題

67 72 87 101

一對龍馬金銀樣幣的傳奇

專 欄

108 117 125

古希臘錢幣上的並列肖像

中國用黃金鑄幣的嘗試從未成功過

邱文明舊藏《新疆圖志》抄本考論：兼述邱文明生平及其泉學研究 古錢幣裏的大商機

錢幣界的 2022 年

越南潘佩珠起義軍發行的紙幣

葛祖康〔杭州〕

耿愛德〔英國〕 成 斌〔中國烏魯木齊〕 傑夫·加勒特〔美國〕

大衛 · 瓦吉〔美國〕

奧利弗·斯特拉爾〔歐洲〕 霍華德·丹尼爾〔美國〕

DEPARTMENTS

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Republishment of Old Issues ※ The Journal of the East Asian Numismatics will republish some interesting and important articles from the journal Chun Pi (《 泉 幣 》, which means numismatics) published in the 1940s for the reference of numismatic collectors and researchers. In this issue, the regulations of Chun Pi journal, and the Chun Pi Society ( 泉幣學社 , which means numismatic society) will be published for readers to have a better understanding of the background of Chinese numismatic research. ※ Originally published in Chun Pi in 1940.

The Regulations of the Chun Pi Journal

The title page of the first issue of the journal Chun Pi

( I ) The journal Chun Pi was designed to advance communication between numismatic scholars, researchers, and collectors, and provide supplements to the journal Shi Huo (《食貨》) about Chinese economic and social history. The journal works to correct the errors in the published coin catalogs, to identify the names of coins.

( Ⅱ ) Scope of this publication: The study of the ancient and modern coins of China is the main focus, but the coins with Chinese characters and similar patterns, such as the coins of Japan, Annam, and Korea, are also included in the study. ( Ⅲ ) This journal is divided into six disciplines A: Research - the treatises on new numismatic discoveries will be covered in this section.

B: Writings - long systematic works will be published in series in this section.

C: Miscellaneous writings - all prefaces and interesting accounts of works on numismatics will be covered in this section.

D: Appreciation - each issue will cover some authentic and interesting coins from members of the Chun Pi Society for appreciation.

E: Identification - this publication set a special section for identification, where suspicious coins which are difficult to be studied will be covered.

F: Correspondence - reports on the situation of the unearthed coins, the news of the circulation, the identification and examination of genuine and counterfeit coins, and correspondences among domestic collectors and researchers will be covered in this section.

( Ⅳ ) This journal is purely for academic research and does not deal with current affairs. Argumentative questions, ridicule, or denunciation will not be published. ( Ⅴ ) All submissions are most welcome. The editor of the journal has the right to decide whether to publish or not. If the original manuscript needs to be returned, please declare so in the letter and attach sufficient postage, otherwise, the correspondence will not be returned.

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( Ⅰ ) Name:

The Regulations of the Chun Pi Society

Chun Pi Society

( Ⅱ ) Purpose: To study ancient and modern coins, communicate with Chinese and foreign scholars, exchange knowledge and contact comrades.

( Ⅲ ) Address:

several reviewers, and two secretaries to handle all affairs of the Society; and elects an editor-in-chief and four to six

Medical Bookstore, No. 204, Meibaige Road, Shanghai

editors to handle the editorial affairs of the publication. The

(currently West Beijing Road, Shanghai)

term of office is one year, and the editors may serve part-

( Ⅳ ) Membership:

time. （Ⅶ）General Assembly:

Anyone who agrees with the purposes of the Society or who is introduced by a member or whose curriculum vitae is examined and qualified by the Society, can be a member of

The Society shall hold a general meeting once a year, which

the Society.

shall be convened by the president to report on the affairs of the Society, elect staff members, and discuss all matters of

( Ⅴ ) Fee:

conduct. In case of special events, the president may convene the meeting on an ad hoc basis.

The fee of the Society is divided into three types: A, B, and C. Type B, who pays 9 dollars per year, is a special member;

（Ⅷ）Publications:

Type C, who pays 6 dollars per year, is an ordinary member,

The Society publishes a journal once every two months and

with 12 months as the year. All fees should be paid at the

is distributed to members, one copy for each member, but

time of joining the society, and the fee should be renewed at

those who submit articles to the Journal for publication

the end of the year, and those who do not pay will be treated

will be sent an additional copy of the Journal, which will be

as withdrawing from the society. Special contributions will

separately determined.

Type A, who pays 12 dollars per year, is a patron member;

be collected when necessary.

( Ⅸ )Supplementary Provisions:

（Ⅵ）Staff:

The regulation shall be adopted and implemented via the

The Society elects a president, one or two vice presidents,

General Assembly, and may be amended when necessary.

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Y泉 幣 Z創 刊 號 扉 頁

舊刊新載 ※《東亞泉志》將在之後的雜誌中開闢“舊刊新載”欄目，

重新刊載一些 20 世紀 40 年代出版的《泉幣》雜誌中的一些 有趣且重要的文章，以供錢幣藏家及研究者參考。本次將首 先刊載《泉幣》雜誌及泉幣學社的介紹，以供讀者瞭解相關 背景。 ※ 本文原刊載於 1940 年出版的《泉幣》雜誌。

泉幣 簡章 （一）本刊定名曰“泉幣”，以溝通學者、聯絡同志、提倡後進補史、

志食貨之遺、糾歷代譜錄之謬、確究名物、力排空談為宗旨。

（二）本刊範圍： 以研究本國古今泉幣為主體，但同文同制如日本、安南、朝鮮之泉幣亦在論究之列。

（三）本刊編纂分為六門： 甲、考據⸺ 凡各種泉幣之論著於學說上有所發明者屬之。 乙、撰述⸺ 凡長篇有系統之著作須分期登載者屬之。 丙、雜著⸺ 凡關於泉幣著作之序跋及有趣味之記載皆屬之。 丁、出品⸺ 每期向社員徽集藏泉，凡真確無疑新穎可喜之品，加以說明者屬之。 戊、鑒別⸺ 本刊鑒別主嚴，故別列一門，凡出品中有可疑而一時難判真贗者屬之。 己、通訊⸺ 海內同志對於泉幣出土之情形與流傳之消息有所報告者，及泉幣真贗之辨別與考據之確否有相質疑者，凡往 來函牘皆屬之。

（四）本刊純為研究學術之刊物，不涉時事，不尚意氣辯駁問，難容有不免譏刺、攻訐，恕不登載。

（五）凡有投稿，共相切磋，极所欢迎。録登与否，本刊编辑有决定之权，原稿須退还者，请于函内声明并附足邮票，否则，

概不退还。

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（一）定名：

DEPARTMENTS

泉 幣 學 社 簡 章

泉幣學社

（二）宗旨： 以研究古今泉幣，溝通中外學界、交換知識，聯絡同志為宗旨。

（三）社址： 上海梅白格路二〇四號醫學書局

（四）社員： 凡贊同本社旨趣或經社員介紹或自開履歷由本社審查合格 者，均得為本社社員。

（七）大會：

（五）社費：

本社年開大會一次，於 舉行，由社長召集，報告社務、選

本社社費分甲乙丙三種。甲種，年納社費十二元，為贊助社

舉職員，討論一切進行事宜。如有特別事故，得由社長臨時

員；乙種，年納社費九元，為特別社員；丙種，年納社費六元，

召集之。

為普通社員。均於入社時繳納，以十二月為一年，滿期後續

（八）刊物：

繳，不繳者作為退出。特別捐款於必要時募集之。

（六）職員：

本社發行刊物，每二月出版一次，按期分送，每社員一冊， 但投稿本刊經錄登者，增送一冊其本刊，簡則另定之。

本社公選社長一人、副社長一人或二人、評議員若干人、幹

或六人，辦理刊物編輯事務。任期一年得連任，但編輯員得

（九）附則：

兼職。

本簡章由大會通過執行，遇必要時得修改之。

事二人，辦理本社一切事務；並公選總編輯一人、編輯四人

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NEWS Champion Auction Live Broadcast Has Received an Overwhelming Response, with Multiple Events Hitting Tens of Thousands of Views ◎ Champion〔Shanghai〕

In

the second half of 2021, Champion Auction held several live broadcasts on three online platforms, namely, Kwai (account: Champion Collection 冠 軍 收 藏 ), Tik Tok (account: Champion Collection 冠 軍 收 藏 ) and Wan Wu

De Zhi ( 玩 物 得 志 , account: Champion Auction 冠 軍 拍 賣 ). The themes covered included a live auction, a new book promotion, a coin and medal introduction, and a first-strike ceremony. The live broadcasts attracted many numismatists and several events had tens of thousands of views.

Champion Auction plans to hold live events of more diverse themes in 2022, including stamp presentations, banknote presentations, and more, so stay tuned!

Review on 2021 Live Broadcast ★ Live Auction Spring Macau Auction 2021

Champion 2021 Macau Spring Auction - the Nelson Chang Chinese Coin Collection Auction attracted the attention of Chinese coin collectors and amateurs from home and abroad with over 60 lots of choice coins from the Nelson

Place: Sofitel Macau

Chang Collection, with a total realized price of RMB 130 million breaking auction records.

★ New Book Promotion

The auction, with just over 100 lots, lasted over eight hours

Champion Auction conducted a number of live

and was simulcast online.

presentations on two heavyweight books launched in the numismatic community this year - Catalogue of Chinese

Machine-struck Silver Dollars - with Gold, Nickel, and

Theme: Champion Spring Auction 2021

Aluminum Auxiliary Coins (《中國機製銀圓目錄 - 含金幣、 ( 鎳鋁輔幣》 ) and the Third Edition of Top Chinese Coins 《中

Date: May 29th

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國 近 代 機 制 幣 精 品 鑒 賞 第 三 版》), inviting a number of

DEPARTMENTS

Date: November 29th

well-known authors and senior collectors in the numismatic community to participate in the relevant live events.

Place: Shengjia Art Center, Beijing

Theme: The New Book Promotion of the Catalogue of

Date: November 29th

Chinese Machine-struck Silver Dollars - with Gold, Nickel, and Aluminum Auxiliary Coins

《

Place: Beijing Sheng Jia Art Center

Date: August 28th

Theme: The Release of No. 31 to No. 60 coins in the Third

Place: Yunzhou Antique City, Shanghai

《

Edition of Top Chinese Coins Date: December 12th Theme: The Release of Top 12 Coins in the Third Edition of Top Chinese Coins

Place: NGC Shanghai Office

Date: October 24th

《

Place: NGC Shanghai Office

Theme: The Release of No. 13 to No. 30 coins in the Third Edition of Top Chinese Coins Date: November 14th Place: NGC Shanghai Office

《

Poster for live broadcast

Theme: The Macau Release of the Third Edition of Top

Chinese Coins Date: November 27th

《

Place: Sofitel Macau

Theme: The Beijing Release of the Third Edition of Top

Mr. Zhou Qin Yuan (left) and Mr. Shen Xueming (right) signed the latest book - Catalogue of Chinese Machine-struck Silver Dollars - with Gold, Nickel, and Aluminum Auxiliary Coins

Chinese Coins

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Top Chinese Coins-Third Edition was launched in Shanghai: Michael Chou, David Chau, Zhou Qinyuan, Shen Xueming

Shen Xueming, Mateo Zhao, Michael Chou, David Chau, Zhou Qinyuan, Xiao Yeyong, Michael Corley at NGC Shanghai office

Special guests Jiang Liushen and Liu Hongrui

Michael Chou delivering speech at the Macau release of the third edition of Top Chinese Coins

The Beijing release of the third edition of Top Chinese Coins

and creative coins. The Niue Islands Eternal Love and

★ First-Strike Ceremony

Everlasting Rose commemorative coin, the Macau

14

As one of the most technologically advanced coin

Numismatic Society medal, and the Berlin World Money

manufacturing companies, Shanghai New Century

Fair medal launched this year were all produced by the

Commemorative Coin Manufacturing Co., Ltd. has

company, and Champion Auction broadcasted their first-

undertaken the manufacturing of many highly technical

strike ceremony.

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Theme: The First Strike Ceremony of the Niue Islands Eternal Love and Everlasting Rose & Macau Numismatic Society Medal Date: September 23rd Place: Shanghai New Century Commemorative Coin

《

Manufacturing Co.

First strike ceremony photo: Yi Shizhong, Joe Sullivan, Michael Corley, Yu Min, Michael Chou, Gu Jun, Mateo Zhao

Theme: The First Strike Ceremony of the 2022 World Money Fair Medal & the First Release Medal for the Third Edition of Top Chinese Coins Date: December 11th Place: Shanghai New Century Commemorative Coin Manufacturing Co.

★ Introduction of Coins and Medals Champion Auction held two presentations of new coins and medals at the Shanghai office of 11 Coins. The event also featured the introduction of the popular Chinese Panda commemorative coin medal.

Theme: The Promotion of the Niue Islands Eternal Love Yu Min showing the first rose coin

and Everlasting Rose Coin Date: October 10th

《

Place: 11 Coins Shanghai Office

Theme: The Presentation of Panda Medals and 2021 Macau Numismatic Society Medal Date: December 11th 2022 Berlin World Money Fair medal on the pressing machine

Place: 11 Coins Shanghai Office

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Shanghai New Century Coin Manufacturing Co.

Group photo of guests attending the first strike ceremony of 2022 World Money Fair, Beilin and the first release medal of the third edition of Top Chinese Coins

Liu Ying, director of Jiufang Hegu; Mateo Zhao, director of Asian Market Expansion of NGC; Michael Corley, NGC finalizer; Yu Min, former senior designer of the Shanghai Mint; Xu Hao, CEO of 11 Coins; Michael Chou, president of Champion Auction; and host Zhou Shengyi

Gu Jun presenting the 2018 Macau Numismatic Society 30th Anniversary 2kg Silver Gold Plated Medal

Yu Min presenting the 2021 Macau Numismatic Society Medal

Yu Min showing Chinese Show Panda Catalog: 1984-2019

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新聞 NEWS

冠軍直播反響熱烈，多場活動點擊破萬 ◎ 冠軍研究室〔上海〕

冠軍拍賣自 2021 年下半年開始，在快手（賬號：冠軍收藏）、 抖音（賬號：冠軍收藏）和玩物得志（賬號：冠軍拍賣）三 個網路直播平臺舉辦了多場直播。活動主題涵蓋了拍賣直播、 新書推介、幣章介紹、首發儀式等，吸引了眾多錢幣愛好者， 多個直播活動點擊破萬。 冠軍拍賣計劃在 2022 年舉行內容更為多樣的直播活動，包 括郵票介紹、紙鈔介紹等，敬請期待！

2021 年直播回顧 ★拍賣直播 冠軍 2021 年澳門春拍⸺ 張南琛中國錢幣拍賣專場吸引了 國內外中國錢幣藏家和愛好者的目光，成交總價高達 1.3 億 元人民幣，超過 60 件出自張南琛收藏的精品錢幣打破拍賣 紀錄。 該場拍賣拍品僅 120 多件，但拍賣持續了超過 8 個小時， 拍賣同步在網路同步直播。

2021 年春季澳門拍賣會現場

主題：冠軍 2021 年春季拍賣

《中國機製銀圓目錄 - 含金幣、鎳鋁輔幣》和《中國近代機

時間：5 月 29 日

製幣精品鑒賞 第三版》進行了多場直播介紹，邀請了錢幣 界的多位知名作者及資深藏家參加相關直播活動。

地點：澳門索菲特大酒店舉行

主題：《中國機製銀圓目錄 - 含金幣、鎳鋁輔幣》新書推介

★新書推介

時間：8 月 28 日

冠軍拍賣就 2021 年錢幣界推出的兩本機製幣重磅圖書⸺

地點：上海雲州古玩城

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主題：《中國近代機製幣精品鑒賞 第三版》前 12 名正式公 佈 時間：10 月 24 日

《

地點：NGC 上海辦公室

主題：《中國近代機製幣精品鑒賞 第三版》13 至 30 名正 式公佈 時間：11 月 14 日

《

地點：NGC 上海辦公室

主題：《中國近代機製幣精品鑒賞 第三版》澳門首發 時間：11 月 27 日

《

地點：澳門十六浦索菲特大酒店

直播間海報

主題：《中國近代機製幣精品鑒賞 第三版》北京首發 時間：11 月 29 日

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地點：北京聖佳藝術中心

主題：《中國近代機製幣精品鑒賞 第三版》31 至 60 名正 式公佈 時間：12 月 12 日 周沁園先生（ 左）與沈雪明先生（ 右 ）簽贈最新著作⸺ 《中

地點：NGC 上海辦公室

國機製銀圓目錄 - 含金幣 、 鎳鋁輔幣 》

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《 中國近代機製幣精品鑒賞 》 第三版上海首發儀式現場嘉

左起：沈雪明、趙振陽 、周邁可 、周大為、周沁園 、蕭業勇 、

賓 （左起 ） ： 周邁可、 周大為、 周沁園、 沈雪明

Michael Corley 合影於 NGC 上海辦公室

特別嘉賓姜柳申（ 左） 、 劉宏瑞

《 中國近代機製幣精品鑒賞 第三版 》 澳門首發儀式現場： 周邁可先生致詞

《 中國近代機製幣精品鑒賞 第三版 》 北京首發儀式現場

★首打儀式 2021 年推出的紐埃群島永恆之愛與永生玫瑰紀念幣、澳門 上海新世紀紀念幣製造有限公司作為技術最為領先的錢幣製

錢幣學會年會紀念章、柏林世界錢幣展覽會紀念章均由該

造公司之一，承擔了諸多高技術含量的創意錢幣的製造工作。

公司制造，冠軍拍賣對多場首打活動進行了直播。

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主題：紐埃群島永恆之愛與永生玫瑰 & 澳門錢幣學會年會 紀念章首打儀式 時間：9 月 23 日

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地點：上海新世紀紀念幣製造有限公公司

主題：2022 年柏林世界錢幣展覽會紀念章 &《中國近代機 製幣精品鑒賞 第三版》首發紀念章首打儀式 永恆之愛與永生玫瑰紀念銀幣首打儀式留影 （ 左起） ：裔式

時間：11 月 11 日

忠 、 喬·沙利文 、 麥克·考利 、 余敏、 周邁可、 顧軍、 趙振陽

地點：上海新世紀紀念幣製造有限公司

★幣章介紹 冠軍拍賣在一一錢幣上海辦公室舉辦了兩場新款幣章的推 介活動，活動中還對廣受藏家喜愛的中國熊貓紀念幣章進行 了介紹。 主題：紐埃群島永恆之愛與永生玫瑰新幣推介 時間：10 月 10 日

余敏先生展示首打幣

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地點：一一錢幣上海辦公室

主題：中國熊貓紀念章與 2021 年澳門錢幣學會年會紀念章 推介 時間：12 月 11 日 地點：一一錢幣上海辦公室

壓印機上的 2022 年柏林錢幣展覽會紀念章

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儀式活動地點： 上海新世紀紀念幣製造有限公司

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出席 2022 年柏林錢幣展覽會紀念章及 《 中國近代機製幣精 品鑒賞 第三版》紀念章首打儀式嘉賓合影

九方禾穀藝術館館長劉瀛、NGC 亞洲市場拓展總監趙振陽 、

顧軍先生 （ 右 ） 展示 2018 年澳門錢幣學會 30 周年 2 公斤

NGC 終評評級師 Michael Corley 、 原上海造幣有限公司高級

銀鍍金紀念章

工藝美術師余敏 、一一錢幣總裁徐皓 、冠軍拍賣總裁周邁可、 主持人周聖怡

余敏先生（ 左） 展示 2021 年澳門錢幣學會年會紀念章

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◎ Sanxing Auction〔Nanjin〕

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三省拍賣〔南京〕 ◎

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The Twentieth Volume in the Gu Quan Wen Ku Series

King Kwei Lun Ku Tsung Ho K’An-Volume I: Chinese Epigraphic ◎ Zhou Bian〔Shanghai〕

匱論古綜合刊》). In the 1950s, Chen intended to sell his coin collection as a whole, and in 1952, the Chinese government purchased Chen Rentao's collection of precious ancient coins for the National Museum at 800,000 Hong Kong dollars, about half price of the value of this collection, which became the basis of the National Museum's ancient coin collection.

Chen Rentao ( 陳 仁 濤 , 190619 6 8), a nati ve of Zhenhai, Ningbo, Zhejiang P r o v in c e , w a s a collec tor in the Republic of China period, skilled in e p i g r a p h y, a n d had extraordinary achievements in the fields of Chinese bronzes, calligraphy and painting, and ancient coins. His coin collection was influenced by Zhang Jiongbo ( 張 䌹 伯 ), a great collector of coins, and he pocketed the collections of famous artists such as Zhang Jiongbo and Fang Jo ( 方若 , or Fang Yaoyu 方藥雨 ), becoming one of the top coin collectors in China at that time. Chen's coin collection included ancient gold, silver, and copper coins, including guo bao king kwei zhi wan [ 國寶金匱直萬 ] coins from the Xin dynasty, tian xing qi nian [ 天興七年 ] gold coins from the Northern Wei dynasty, the copper plate of xing zai hui zi ku yi guan wen sheng [ 行在會子庫壹貫文省 ] in addition to banknotes from the Southern Song dynasty, chong qing yuan bao [ 崇慶元寶 ] cash coins and other rare and unique coins. During his stay in Shanghai, he also amassed a collection of bronze wares.

In October 1945, he was elected as the second president of the Shanghai Numismatic Society, and the regular meetings of the Society were held in his office.

This time, the editors of the Qu Quan Wen Ku [ 古 泉 文 庫 ] series used Du Weishan ( 杜 維 善 )'s collection from The First Album of King Kwei Lun K u (《 金 匱 論 古 初 集 》) as the basis, and the General Journal of King Kwei Lun Ku was combined into the book King Kwei Lun Ku Tsung Ho K’AnVolume I: Chinese Epigraphic (《 金 匱 論 古 合 集 - 金 石 編 》) for publication. The collection is divided into twenty-two parts: stone carvings of the Shang dynasty, statues of the Zhou dynasty, swords, halberds, crossbows, porcelain, Shang and Zhou wine vessels, etc. Among them, shi lue [ 釋寽 ] gold coins and silver ingots are part of that introduction and examine and explain ancient coins. There is a very detailed introduction and interpretation of the silver ingots such as the currency of the state of Chu during the Warring States period, Chugin Edition; ying lue [ 郢寽 ], tian xing qi nia n [ 天興七年 ] , qian dao yuan bao [ 乾 道 元 寶 ], shu shi yin [ 朱 提 銀 ] of the Han dynasty, silver ingots of the Tang dynasty, silver collars of the Song dynasty, silver ingots from the Hongwu’s reign of the Ming dynasty, the silver ingots from the Zhengde’s reign of the Ming dynasty, the silver ingots from the Kangxi’s reign period of the Ming dynasty, Xinjiang silver dollars, etc., with photos and rubbings of the coins. A large number of miscellaneous articles, photos and rubbings of rare bronze wares make this collection highly valuable for historical research and appreciation.

The twentieth volume in the Qu Quan Wen Ku series of books King Kwei Lun Ku Tsung Ho K'An-Volume I: Chinese Epigraphic , originally written by Chen Rentao, collated by Song Jie ( 宋 捷 ). ©2021 Eurasian Art Publishing House, Germany, 2021, first edition, 500 copies, price: 89.99EUR. ISBN 978-3-96770-007-7.

Since The First Album of King Kwei Lun Ku 《金匱論古初集》 ( ) and the General Journal of King Kwei Lun Ku were published and distributed in Hong Kong they have rarely been seen in China. The release of the King Kwei Lun Ku Tsung Ho K’AnVolume I: Chinese Epigraphic makes these two rare books even more significant. Thus, we can appreciate the collections of the great collectors of the Republic of China period while further understanding the long history and splendid culture of our ancient civilization.

In April 1946, Chen Rentao moved to Hong Kong, and his coin and antiques collections were boxed and packed for the trip. In Hong Kong, Chen Rentao arranged, made rubbings, and photographed his collection of cultural relics, were were published as The First Album of King Kwei Lun Ku (《 金 匱 論古初集》) and General Journal of King Kwei Lun Ku (《金 24

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A Comprehensive and Systematic Study and Collection of Coins of the Joseon Dynasty:

Catalog of Joseon Coins ◎ Zhou Bian〔Shanghai〕

Catalog of Joseon Coins , edited by Cui Jinbo ( 崔 勁 波 ). First edition by World Book Publishing Xi'an Ltd in September 2021, size: 787x1092mm 1/16, 460k words, priced at RMB 268. ISBN978-7-5192-7801-4.

In 1392 AD, a new dynasty with the name Joseon replaced the Goryeo on the Korean peninsula and lasted 519 years until it was annexed by Japan in 1910. During the Joseon dynasty, three types of coins were minted, namely chao xian tong bao [ 朝 鮮 通 寶 ], shi qian tong bao [ 十 錢 通 寶 ] and chang ping tong bao [ 常平通寶 ].

The Joseon dynasty was deeply inf luenced by the ancient Chinese coin culture and had used Chinese coins for a long time in its history. Therefore, the coins minted by the Joseon dynasty also followed the Chinese coin culture and adopted the Chinese coin pattern.

The book Catalog of Joseon Coins (《 朝 鮮 王 朝 古 錢 譜 》), the eighteenth in the gu quan wen ku series [ 古泉文 庫 ], is a monograph that systematically studies and includes coins of the Joseon dynasty. The book contains more than 4,000 varieties of 13 major types of Joseon coins. The book is divided into three parts, introducing chao xian tong bao [ 朝 鮮 通 寶 ], shi qian tong bao [ 十 錢 通 寶 ], and chang ping tong bao [ 常 平 通 寶 ] respectively, with rubbings or photos included in the book. It classifies, names and grades three types of Joseon coins according to their characteristics such as inscription, shape, and characteristics, and divides them into ten grades according to their rarity. The rare and important coins are marked with the names of the owners and other contents for reference. The book begins with a detailed description of the meaning of the coin inscriptions, the minting background, the place of minting, mintages, etc. There is also a brief chapter on the mints of the Joseon dynasty, which clearly introduces the administrative division of the Joseon dynasty and the various minting departments. The appendices include a table on the Joseon dynasty lineage, the major minting events in the Joseon dynasty, and a brief table of the minting departments of the Joseon dynasty to give readers a deeper understanding of the Joseon dynasty and its coinage history.

collected and examined ancient Korean money for decades.

The coins included in the book are partly from the collections of Chinese, Japanese and Korean collectors. In addition to these collections, coins from the ancient genealogy of East Asia Ancient Coins (《 東 亞 錢志 》), Hai Dong (《 海 東》), Ancient Korean Coins (《韓國的古錢》), Korea Currency Price Catalog (《韓國貨幣價格圖錄》), and other domestic and foreign works in modern times, as well as newly discovered ancient coins, making this book great for the study and collecting of coins of the Joseon dynasty. As the Joseon coins with the largest mintages, longest minting period, and most varieties, chang ping tong bao is introduced in nine chapters according to their time of minting and denomination, so that the reader can better classify and distinguish the various chang ping tong bao. The book will become an indispensable tool for researchers and collectors of Joseon coins.

The editors-in-chief and editorial board members of the Catalog of Joseon Coins are veteran researchers and collectors who have studied ancient Korean money for many years, and some of them live in the Northeast China-DPRK border, having

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古泉文庫系列叢書第二十種（文獻類）

《金匱論古合刊-金石編》 ◎ 周 邊〔上海〕

歸，成為國家博物館古錢幣館藏的基礎。 古泉文庫的編者這次以杜維善先生所藏的《金匱論古初集》 為底本，古泉文庫所藏的《金匱論古綜合刊》合併為《金

匱論古合刊 - 金石編》一書刊行。合刊中分殷商石刻、周

代造像、寶劍、戈戟、弩機、瓷器、商周酒器等二十二篇， 其中釋寽、金幣與銀錠是介紹與考釋古錢的部分。對戰國

楚郢寽、北魏天興七年、南宋乾道元寶等金錢，漢朱提銀、

唐 銀 錠、宋大禮 銀、宋 銀、元 銀、明洪武 銀、明正德 銀、

清康熙銀、新疆銀元寶等銀錠有十分詳盡的介紹與考釋， 並配有錢幣照片與拓圖。大量珍稀青銅器與雜件的考釋文 章與實物照片拓本，使這本合集極具史料與欣賞價值。

陳仁濤（1906-1968），浙江寧波鎮海人，民國時期收藏家，精 於金石文字，在中國青銅器、書畫和古錢等領域都有不凡的成 就。錢幣收藏上受錢幣收藏大家張䌹伯先生影響，將張䌹伯、 方若（字藥雨）等名家的藏品盡入囊中，成為當時國內頂級錢幣 收藏大家。陳仁濤先生的錢幣收藏品種完備，涉及古代金、銀、 銅幣和紙鈔等。其中有新莽 “國寶金匱直萬”、北魏 “天興七年” 金錢、南宋 “行在會子庫壹貫文省” 銅鈔版、金 “崇慶元寶” 等 稀世珍品和孤品。在上海期間，他還收藏有金石重器等古玩。 在1945年10月，被選為上海泉幣學社第二屆社長，學社例會活 動也在其辦公室舉行。

由於《金匱論古初集》 《金匱論古綜合刊》在香港出版發行， 國內鮮見，因此， 《金匱論古合刊 - 金石編》的發行，使這 兩部難得的書籍產生了新的意義。從而使我們能夠在欣賞

民國時期大收藏家的藏品的同時，進一步瞭解我們這個文 明古國的悠久歷史與燦爛的文化。

古泉文庫系列叢書第二十種（ 文獻類）《 金匱論古合刊 - 金石 編》， 原著 ：陳仁濤， 整理 ：宋捷。 ©2021德國歐亞藝術出版 社2021年第一版， 印數500冊， 市場指導價 ：89.99EUR。 國 際標準書號 ：ISBN978-3-96770-007-7。

1946年 4月，陳仁濤先生去香港，將他所藏錢幣、古董裝箱

打包隨行。在香港，陳仁濤先生將所藏文物整理繪圖照相， 出版《金匱論古初集》與《金匱論古綜合刊》。20世紀五十

年代，陳有意整體出售其所藏錢幣。1952年國家以80萬港 幣的價格，以半捐半賣形式將陳仁濤所藏珍貴古錢成功回

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一部全面系統研究和收錄朝鮮王朝錢幣的專著

《朝鮮王朝古錢譜》 ◎ 周 邊〔上海〕

特性來分類、定名與評級，並按珍稀度分為十級。對比較 稀缺重要的錢幣標有提供者姓名等內容，便於研究、收集

《 朝鮮王朝古錢譜》 主編 ：崔勁波。 世界圖書出版社西 安有限公司2021年9月出版了第一版，787X1092mm1/16 開本 ,460千字， 定價人 民幣268元。 國際 標準書號 ： ISBN978-7-5192-7801-4。

時參考與交易。書中在每篇的開始詳盡地將錢文涵義、錢 幣鑄造情況、鑄地、鑄量等作了文字說明，並有朝鮮王朝

鑄錢部門簡述章節，將朝鮮王朝的行政區域劃分、各個鑄 錢部門都作了明確的介紹。附錄有 ：朝鮮王朝世系表、朝鮮

公元1392年，一個國號為朝鮮的新王朝，取代了高麗王朝，

王朝鑄幣大事記、朝鮮王朝各部門鑄幣簡表使讀者對朝鮮

直至1910 年被日本吞併，朝鮮王朝共經歷了519 年。朝鮮王

王朝與鑄錢歷史有了更深入的瞭解與認識。

朝期間鑄幣以朝鮮通寶、十錢通寶和常平通寶三種錢幣為 主體。

《朝鮮王朝古錢譜》的主編與編委都是多年來朝鮮古錢的

朝鮮王朝在錢幣文化上深受中國古代錢幣文化的影響，歷

朝鮮古錢幾十年。書中收錄的錢幣除自藏外，部分是中、日、

史上曾長期使用中國錢幣。所以，朝鮮王朝的鑄幣也是應 用中國錢幣文化，採取中國錢幣形制。

資深研究與收藏家，有的身處東北中朝邊境，收集與考證

韓收藏家的珍藏品，並收錄了《東亞錢志》古譜、 《海東》

《韓國的古錢》《韓國貨幣價格圖錄》，近當代國內外各類文

獻著作等書籍，以及新近發現的新品與逸品，使本書成為

古泉文庫系列叢書第十八種（著作類） 《朝鮮王朝古錢譜》

集朝鮮王朝錢幣之大成者，常平通寶為朝鮮王朝鑄量最大、

一書，是一部系統研究和收錄朝鮮王朝錢幣的專著。該書

鑄時最長、版 別最多，書中將它分成 九章，按鑄造 年代、

共收錄朝鮮王朝鑄幣13大類4 000 餘種版別。全書按朝鮮

錢值分別予以分類，使讀者能通過學習掌握了對常平通寶

通寶、十錢通寶和常平通寶分為三篇，採用實物拓片或照

的分類與區分的能力。 《朝鮮王朝古錢譜》必將成為朝鮮王

片，根據朝鮮王朝三種錢幣的錢文、形制、折值、性質等

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The Third Edition of Top Chinese Coins Third Edition is being sold worldwide ◎ Yuan Shuiqing〔Xi'an〕

ceremony in Beijing was a sensation, with nearly 20,000 viewers. (Images 3 and 4) On January 8, 2022, the editorin-chief, Michael Chou, President of Champion Auction and editor-in-chief of the Journal of East Asian Numismatics , was presented at the annual meeting of the Chinese Numismatic Society in Taiwan and announced the release of the third edition of the book. He also signed copies for buyers (NT$2,600). (Image 5) At the 2022 World Money Fair in Berlin, which will be held online in early February, Michael Chou will announce the release of the third edition of the new book overseas via video; on February 17, Ron 1st Edition 2ed Edition

ISBN 978-0-9905200-4-7

90000>

9 780990 520047

Guth, the other editor-in-chief of the book, will announce the release of the third edition of the new book at the Long Beach Expo, U.S.A., and will sign books on site.

Published and distributed by iAsure and the Journal of East Asian Numismatics , the third edition of Top Chinese

Coins is the fruit of the efforts of the editors Michael Chou,

3rd Edition

Ron Guth, and Bruce Smith, as well as the collective wisdom of all members of the Editorial Committee and the

The first and second editions of Top Chinese Coins

Advisory Committee. The compilation and release of this

(《 中 國 近 代 機 製 幣 精 品 鑒 賞 》) were published and

book have the following characteristics.

released in 2010 and 2011 respectively, and were hailed as "important books showing the appreciation of rare Chinese modern vintage coins " and have been sold out

1

for a long time. Ten years later, the project of the third

First, the content is wide-ranging and informative

edition of Top Chinese Coins , which has been highly

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anticipated by the numismatic community, especially

In Numismatics, modern China refers to the period from

by numismatic amateurs, was officially launched in July

1840 to 1949, or from the 20th year of Dao Guang reign

2020, and has gone through the preliminary work of

[ 道 光 ] in the Qing dynasty, through five generations of

building the commission, questionnaire survey, organizing

emperors, Dao Guang, Xian Feng [ 咸豐 ], Tong Zhi [ 同治 ],

the selection, getting the results, as well as the editorial

Guang Xu [ 光緒 ] and Xuan Tong [ 宣統 ], the Republic of

process of writing, designing, and layout. On December

China, to the founding of the People's Republic of China,

27, 2021, the book went to press, and on New Year's

which is about 110 years in total. Although the time span

Day, 2022, the finished book was sent out to collectors

is not long, it is an important turning point in the history of

and other buyers in mainland China. (Images 1 and 2)

the Chinese currency from casting coins to machine-struck

Before that, 500 copies of the trial edition were presented

coins. The third edition of the book includes exquisite

to experts and collectors in Shanghai, Macau, and Beijing

Chinese coins manufactured by modern machine-making

in order to solicit opinions, and awards were presented to

techniques during this period, counting 60 major types

collectors of the top Chinese vintage coins selected for

of 154 varieties, with 270 pieces in total, displaying 529

inclusion in the book. The live broadcast of the first release

high-definition pictures. The pictures are followed by the

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Img.1 Regular hard cover edition

Img.2 Outer hardcover edition

corresponding historical prices and auction records; there is also an introduction of their pedigree, circulation situation, rarity, and existing examples. There is also an analysis of the trend of collecting vintage Chinese coins, profiles of famous foreign Chinese coin collectors, famous foreign coin collectors, top coin museums in the world and in China, and the most expensive coins in the world . Not only is there a large amount of information, but also rarely seen first-hand documents are disclosed for the first time, so it is very informative and of great historical value.

Img.3-1 Michael Chou introduces the background of the third edition at the first release ceremony in Macau

Img.3-2 Group photo of guests attending the first release ceremony in Macau The 270 examples covered in this book are rare and of

few bidders have the money necessary to buy them. Their

numerous varieties, with very few existing examples and

owners are all proud to own them. The top ten coins

high prices. In particular, the selected top ten coins are

include the 1903 Fengtien Tael, 1898 Heaton Hunan Dollar,

as rare as morning stars, and they are so valuable that

1900 Peking Series, 1911 Empire Silver Series, 1896

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Szechuan Kaishu Series, 1910 Yunnan Spring Dollar,

2 Second, the coins are illustrated in high

Guangdong Longevity Tael, 1897 Otto Beh pattern coins,

definition photographs and beautifully printed

1889 Kwangtung Reversed Patterns, and 1906- 1907 Empire Gold Dollar. The 270 examples cover 19 gold coins, 233 silver coins, and 18 copper or brass coins, and the

This book follows the design and layout style of the first

percentage ratio of these metals is 7:86:7. Among the 19

and second editions. Most of the pictures in this book were

gold coins, there are 10 circulating coins, 7 patterns, and 2

taken by professional photographers who visited collectors

medals. Among the 233 silver coins, there are 96 circulating

all over the world, so the definition is extremely high and

coins, 128 patterns (101 in silver, 2 in gold, 13 in copper or

the nuances of the varieties are clearly visible, which

brass, 5 in zinc, 4 in lead, and 3 in nickel) and 9 medals.

makes it easy to compare and identify the authenticity.

Among the 18 copper coins, there are 8 circulating coins

Specifications of the book: 265mm x 320mm, 300 pages.

and 10 patterns (including 8 in brass, and 2 in copper).

Two types of editions: a regular hardcover edition, and

There are 145 patterns of various types, accounting for 54% of the total 270 examples.

the first - produced outer hardcover edition, with copies

The exquisite examples included in this book have

edition, with spot color plus four-color printing, thus better

been selected by experts and collectors and are highly

showing the true appearance of the coins. The cover is

recognized by the numismatic community. All these

even specially treated to facilitate better preservation.

of 2,500 and 500 respectively. It is a full-color hardcover

coins are from collections in public museums donated by Chinese coin collectors or collectors in China and abroad.

The patterns and trial minted coins filed by Chinese stateowned mint enterprises are not included.

Img.6 Gilt brass medal

Img. 4 Beijing release ceremony guests on November 29th, 2021. From left: Mateo Zhao ( 趙振陽 ), Xue Shiqing ( 薛世清 ), Michael Chou, Duan Honggang ( 段洪剛 ), Xiao Zhijun ( 肖志 軍 ), Yuan Shuiqing ( 袁水清 )

Img. 5 Taipei release ceremony on Jan 8 30

Img.7 NGC PF70 silver medal with Yu Min hand-signed label J

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Set Ⅲ

3 Third, the book and the medal are sold

Third edition outer hardcover edition + gilt brass medal,

as a set

signed commemorative card by Editor-in-chief Michael The book is practical and is worth collecting itself, and the

Chou.

medal in a NGC holder was designed for commemoration.

Limited to 50 sets at RMB 800/set (before December 31,

The medal was designed by Yu Min, the former senior

2021).

designer of the Shanghai Mint, and manufactured by Shanghai New Century Coin Manufacturing Co. On

Set Ⅳ

the obverse: the English book name is engraved at the top; the main motif is a bust of Eduard Kann and the

Third edition outer hardcover edition of 9 copies + 9 gilt

building where the former Asian Numismatic Society was

brass medals: limited to 5 sets at 6,000 RMB/set.

located in, with a silhouette of this famous building on the Bund in the background, as Shanghai was the center of

Set Ⅴ

numismatics at that time; the signature of Eduard Kann in English and his name in Chinese and the year of his

Third edition regular hardcover edition + NGC PF70

birth and death "1880-1962". On the reverse side, the date

with Yu Min's hand-signed label silver medal, signed

and place of the first release are engraved at the upper

commemorative card by the editor-in-chief, Michael Chou:

end; the main motif is a silver Fengtien Tael, with a Wayte

limited to 5 sets, 1,000 yuan per set ( before December

Raymond holder in the background, echoing the figure

31, 2021).

holding the coin booklet on the obverse side, indicating the theme of collecting and appreciation. The technical

Set of Ⅵ

details include diameter: 40mm. Maunfacturing technique:

Third edition outer hardcover edition + NGC PF70

The traditional minting technique of sandblasting and

with Yu Min hand-signed label silver commemorative

mirroring is mainly adopted, with the building having used

medallion, signed commemorative card by Editor-in-chief

a sandblasting effect, the architectural silhouette of the

Michael Chou: limited to 3 sets of 1,200 RMB/set ( before

Bund in Shanghai using an intaglio mirroring effect and

December 31, 2021)

the figures a shot blasting process. The reverse of the medal also uses sandblasting and mirror effects. There

The price of a book without a commemorative medal: RMB

are two types of medals: gilt brass medal (Image 6) and

400 for the regular hardcover edition and RMB 600 for the

NGC PF70 silver medal with a Yu Min hand-signed label

outer hardcover edition.

(Image 7). The total mintage is 1,000 pieces in brass and 100 pieces in silver respectively. The book and medal are

The book is currently on sale, with 500 outer hardcover

sold in one set. There are six sets to chose from as follows

copies almost sold out by Jan 1, 2022. Readers can get

(prices in RMB)

a glimpse of these rare, exquisite vintage coins with their pedigrees in the text and illustrations. Buyers will get a glimpse of their elegance and the advanced Western

Set I

minting techniques introduced into China and appreciate

Third edition regular hardcover edition + gilt brass medal,

the wise eye of the great collectors in recognizing

signed commemorative card by Editor-in-chief Michael

treasures, and increase their understanding of China's

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history and numismatic history in modern times. This book is also an important reference book for novice collectors,

Limited to 100 sets at RMB 600/set ( before December 31,

well-known collectors who want to further their collections,

2021).

auction houses to make valuations, and grading companies to evaluate the finest modern Chinese vintage

Set Ⅱ

coins.

Thirteen copies of the third edition regular hardcover edition + 13 gilt brass medals: limited to 10 sets at RMB 6,000/set.

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《中國近代機製幣精品鑒賞 第三版》 正在全球熱銷 ◎ 袁水清〔西安〕

臨臺灣的中華集幣協會九屆三次會員大會，宣佈第三版新書 發行並現場簽贈、銷售（2 600 元新台幣 / 本）。（圖 5） 在 2 月初線上舉行的 2022 年柏林世界錢幣展覽會上，周邁 可先生將通過視頻宣佈第三版新書向海外發行；2 月 17 日， 本書編著者古富先生將在美國長灘世界錢幣博覽會上宣佈第 三版新書發行並進行簽贈。 由愛秀集團、東亞泉志出版併發行的《中國近代機製幣精品 鑒賞 第三版》，既是編著者周邁可、古富、史博祿的心血結晶， 也是編委會、顧委會全體成員及參與者集體智慧的產物。這 第一版

本書的編撰和發行具有以下幾個特點。

第二 版

ISBN 978-0-9905200-4-7

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內容豐富，信息量大

第三版 中國近代指 1840 年至 1949 年，從清朝道光二十年起，歷 經道光、鹹豐、同治、光緒、宣統五代皇帝，中華民國，到 《中國近代機製幣精品鑒賞》第一版、第二版（銀幣版）分

中華人民共和國成立，約 110 年。時間跨度雖不長，但卻

別於 2010 年、2011 年出版發行，被譽為“全景式展現中

是中國古代貨幣史上由手工鑄幣向機製貨幣演變的重要轉捩

國近代珍稀機製幣的重要鑒賞書籍”，早已售罄。十年之後，

點，意義非凡。第三版書收錄這一歷史時期用現代機器衝壓

備受錢幣界特別是機製幣泉友關注和期待的《中國近代機

製造的中國金屬貨幣精品，計 60 大項 154 種 270 枚，展示

製幣精品鑒賞 第三版》，編撰工作從 2020 年 7 月正式啟

其高清圖片 529 幅。圖後附有對應的歷史價格和拍賣紀錄；

動，歷經構建評委會、問卷調查、組織評選、“十大精選”

另有錢幣的沿襲流傳經歷、存世稀有度介紹和中國近代機製

公佈等前期工作，編寫設計排版等編審過程，終於成書，於

幣收藏趨勢分析；書後還有國外知名中國錢幣收藏家、國外

2021 年 12 月 27 日付梓出版。2022 年元旦前夕，成品書

知名錢幣收藏家、世界頂級錢幣博物館、中國頂級錢幣博物

陸續發送中國內地的泉友和訂購者。（圖 1、2）之前，為

館、世界上最昂貴的錢幣等簡介。不僅信息量大，且許多信

廣泛徵求意見，500 本“審閱版”先後在上海、澳門、北京

息鮮為人知、首次披露，所以內容十分豐富，史料價值極高。

以首發形式向專家、藏家贈閱徵求意見，並向入書的頂級中

32

國機製幣的收藏家頒獎 , 其中北京首發儀式現場直播轟動一

本書入選的 270 枚機製幣，珍稀罕見，版別紛呈，存世極少，

時，收看流量近兩萬人。（圖 3、4）2022 年 1 月 8 日，本

價格昂貴。尤其是評選的 1903 年奉天癸卯一兩，1898 年

書編著者、冠軍拍賣總裁、《東亞泉志》總編周邁可先生蒞

喜敦版湖南省造銀幣，1900 年京局製造銀幣，1911 年大清

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圖 1 普裝硬封版

圖 2 普精裝硬封版

圖 3-1 周邁可先生在澳門首發式上介紹第三版創作背景

圖 3-2 參加澳門首發式的嘉賓合影

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銀幣，1896 年四川光緒元寶楷書，1910 年庚戌春季雲南造，

獻公有博物館的藏品，中國國有造幣企業入檔的近代機製幣

廣東壽字壹兩，1897 年德制奉天、黑龍江、浙江及安徽樣幣，

樣幣、試鑄幣不在其中。

1889 年廣東光緒元寶反版，1906-1907 丙午及丁未年造大 清金幣等前十名幣，寥若晨星，價值連城，競購者曾趨之若

2 幣圖高清，印製精美

鶩，擁有者引以為榮。270 枚機製幣，按材質可分為金幣、 銀幣、銅幣三大類，數量依次為 19 枚、233 枚、18 枚，百 分占比結構為 7：86：7。在 19 枚金幣中，有流通幣 10 枚， 樣幣 7 枚，紀念章 2 枚。在 233 枚銀幣中，有流通幣 96 枚，

本書沿用一、二版設計印製風格，大氣精美。書中的錢幣圖

樣幣 128 枚（其中銀樣 101 枚，金打樣 2 枚，黃銅樣 13 枚，

片，大部分由專業攝影師遍訪各地藏家拍攝，清晰度極高，

鋅樣 5 枚，鉛樣 4 枚，鎳樣 3 枚），紀念章 9 枚。在 18 枚

版別的細微差別毫髮畢現，便於購買時參考對照，辨別真偽。

銅幣中，有流通幣 8 枚，樣幣 10 枚（其中黃銅 8 枚，紅銅

本書規格：265 毫米 x320 毫米，300 頁。兩種版別：普裝

2 枚）。各類樣幣共 145 枚，占總幣數 270 枚的 54%。

硬封版，和首次推出的精裝硬封版，印量分別為 2 500 本和 500 本。為全彩精印，採用了專色加四色印刷，從而更好地

本書收錄的中國近代精品機製幣，業經專家和收藏家評選，

展現出錢幣真實的狀態。封面更是進行了專門的處理，便於

當為泉界所認可，分別源自國內外中國錢幣收藏家或藏家捐

更好的保存。

圖 5 臺北首發現場 ： 周邁可宣佈新書發行並簡介 中華集幣協會會長李家銀在展示

圖 4 北京首發嘉賓 左起 ： 趙振陽 、 薛世清 、 周邁可 、段洪 剛 、 肖志軍 、 袁水清

圖 6 黃銅鍍金紀念章

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套裝四 3

書章一體，套裝銷售 第三版精裝硬封版 9 本 + 黃銅鍍金紀念章 9 枚：限量 5 套， 6 000 元 / 套；

本書實用和收藏的雙重性，催生其紀念章的問世。“中國近

套裝五

代機製幣精品鑒賞 第三版”紀念章由原上海造幣有限公司 高級工藝美術師余敏設計，上海新世紀紀念幣製造有限公司

第三版普裝硬封版 +NGC PR70 帶余敏手簽標籤銀質紀念

製造。NGC 封盒。正面：上端刻英文章名；主景為耿愛德

章 , 主編周邁可簽名紀念卡 : 限量 5 套 ,1 000 元 / 套（2021

先生半身像和原亞洲錢幣學會大樓，背景為外灘著名建築的

年 12 月 31 日前）；

剪影，表現收藏家當時在上海進行收藏活動的場景；並刻有 耿愛德英文簽名和中文姓名及生卒年份“ 1880-1962”。背

套裝六

面：上端刻中文章名“2021 年 11 月 27 日中國近代機製幣 精品鑒賞第三版澳門首發”；主景為奉天一兩銀幣，背景為

第三版精裝硬封版 +NGC PR70 帶余敏手簽標籤銀質紀念

收藏錢幣的集幣冊，與正面人物手持集幣冊相呼應，表明了

章，主編周邁可簽名紀念卡：限量 3 套，1 200 元 / 套（2021

該章收藏與鑒賞的主題。直徑 40 毫米 。工藝特點：主要採

年 12 月 31 日前）。

用了噴砂與鏡面相結合的傳統造幣工藝，其中亞洲錢幣學會 大樓為噴砂效果，上海外灘的建築剪影採用凹刻的鏡面效果，

不帶紀念章者單冊售價：普裝硬封版 400 元，精裝硬封版

人物採用噴丸的工藝。章的背面是噴砂與鏡面效果。分為黃

600 元。

銅鍍金紀念章（圖 6）和 NGC PF70 帶余敏手簽標籤銀質 紀念章（圖 7）兩種，鑄造量分別為 1 000 枚 100 枚。書章

該書目前正在熱銷，其中 500 本精裝硬封版 2020 年元旦前

一體套裝銷售。分為以下六種形式（價格單位為人民幣）：

夕基本售完。讀者可從這些稀有、精美、流傳有緒的精品機 製幣文圖介紹中，一覽其昔日之風采，管窺近代引進的西方

套裝一

先進造幣技術，領略大收藏家識寶之慧眼，呵護之精神，增 長對中國近代史、近代造幣史的瞭解。本書同時也是新手購

第三版普裝硬封版 + 黃銅鍍金紀念章，主編周邁可簽名紀

藏、知名藏家進一步接續收藏，拍賣行業徵集估價、評級公

念卡：

司鑒評中國近代機製幣精品的重要參考讀本。 限量 100 套，600 元 / 套（2021 年 12 月 31 日前）；

套裝二 第三版普裝硬封版 13 本 + 黃銅鍍金紀念章 13 枚：限量 10 套， 6 000 元 / 套；

套裝三 第三版精裝硬封版 + 黃銅鍍金紀念章，主編周邁可簽名紀 念卡： 限量 50 套，800 元 / 套（2021 年 12 月 31 日前）； 圖 7 NGC PR70 帶余敏手簽標籤銀質紀念章

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Before reviewing the 2021 market, let's take a look at the development Chinese vintage coin collecting.

Origins of the Chinese Vintage Coin Collecting Chinese vintage coin collecting emerged in the 1930s, with Shanghai as the center.

On April 2, 1937, the China Numismatic Society held a special meeting in the reading room of the Royal Asiatic Society Building (now the Rockbund Art Museum in Shanghai), at which

〔 ◎ Chimpion

Coin Market Review 2021 Chinese

The Development of Chinese Vintage Coin Collecting

the Constitution of the China Numismatic Association was adopted and Eduard Kann was appointed to the position of Vice Chairman.

During the period, the Chinese and Western numismatic communities kept developing.

The enlargement of Western and Chinese coin collecting, the development of the Chinese Numismatic Society, publications such as Chuan Pi (《

泉 幣 》), and articles written by

Part I

〕 Shanghai

Woodward, Kann, Rayburn, and Ros published by the Chinese Numismatic Society greatly added to the knowledge of Chinese vintage coins.

This is the first of six articles published in China Magazine (《 中國 雜 誌》) which was in the collection of the Chinese Numismatic Society and originally collected by Howard Bowker. The next five articles deal with Chinese Soviet coins and notes, Shanghai coins, Chinese fantasy coins, the history of minting in China, and early Chinese silver coinage.

Royal Asiatic Society Building

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Lee Wei shun（ left ） and Ma Dingxian （ right ）

The inaugural issue of Coins

Modern Coins of Silver Coin Rubbings China by Kalgan

by Ching Tse Wei Shih

A Catalogue of The first edition of Illustrated Catalog Chinese Silver Dollars of Chinese Coins signed by Eduard and Silver Coins by Kann to Howard Bowker Chang Huang

Chinese Soviet Coins and Notes

Coins That Never Were

From these letters, we can see which rarities were owned

Bowker and collectors such as Eduard Kann and Arthur

by whom and the price at which they was acquired,

Coole, covering a number of detailed discussions on

and the then-current market conditions for these rare

Chinese coin collecting between collectors in China

Chinese coins. The Journal of East Asian Numismatics

and the United States, which gives insightful details

has published correspondence between Howard Bowker

about collecting in China and the USA and Chinese

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Early Chinese Silver Coinage

numismatics.

period between the 1920s to the 1970s between Howard

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The History of Minting In China

Correspondence between Eduard Kann and Howard Bowker, signed by Eduard Kann

Another valuable tool is the correspondence from the

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AM Tracey Woodward

Eduard Kann

Kalgan Shih

Ching Tse Wei

and Eduard Kann between 1939 and 1949, and we will continue with correspondence between Howard Bowker and Eduard Kann written back in 1950 for the Journal of East Asian Numismatics in 2022.

We three great collections of vintage Chinese coins came up for sale in 1950.

The collection was handled by AM Tracey Woodward's widow

The Nameplate in the Shanghai Museum

after his death, and in 1938 she attempted to sell the collection to the Chinese government with the help of Eduard Kann, but

In 1950 and 1951, Ching Tse Wei was also in the United

was unable to do so. The sale may have been to the Central

States, and he sold his collection with the help of Howard

Mint or the Central Bank, as both institutions were associated

Bowker. It is believed that it was during this period that Ching

with Eduard Kann. A letter written by Howard Bowker to

Tse Wei sold his collection including his Heaton Shanxi silver

Eduard Kann in 1950 reveals that a coin dealer offered AM

pattern set, Kwangtung Longevity tael silver pattern, and 1911

Tracey Woodward's widow to buy the coins, but was refused.

Empire short whisker dragon silver dollar. The Kwangtung

Eventually, she sold the old AM Tracey Woodward collection to Capitol Coins in New York.

Longevity tael silver pattern, which went to the Eduard Kann

Kalgan Shih also traveled to the United States to sell

Kann Auction and was listed in the 1972 Jess Peters Sale

his collection for an expected price of $500,000 (a price

List for $2,850; and the 1911 Empire short whisker dragon

comparable to the price at which the famous American

silver dollar in his collection was probably also purchased

collector Louis Eliasberg built his American coin collection),

by Eduard Kann, as the famous New York coin dealer Hans

but his collection was eventually donated to the Shanghai

Schulman sold a replica of the coin in the early 1950s for $500

Museum by his wife in the 1990s.

in a sales catalog.

The Heyday of Chinese Coin Collecting

Farouk I of Egypt bought a 1933 U.S. double eagle gold coin

collection, was purchased by the collector D.C. at the 1971

from Hans Schulman for $1,250, which sold at Sotheby's New York on June 8, 2021, for $18.9 million.

Chinese vintage coins were the most valuable in the 1940s to 1950s.

In 1949, the Chinese economy faced turmoil, and coin prices were greatly reduced. The auction of the King Farouk

Eduard Kann had bought a 1902 Chekiang silver dollar for

collection also verified this trend. King Farouk purchased a

$2,500 in 1941 (see later in the letter). In the same year, King

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King Farouk I

King Farouk I

Palace Collection

1966 Glendining Auction Catalog 1971 Eduard Kann Collection Auction Catalogue

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Hans Schulman

1903 Fengtien Tael Silver

which had sold for only $1,500 in 1945. The coin sold for only $3,444, 1/3 of the Farouk I purchase price, at the 1954 Palace Collection Auction, but the price recovered to $10,000 later.

This shows that attention from the international market can lead to higher coin prices. According to the analysis of our good friend Jeff Garret, the coin could now be worth $20 to $25 million.

Yunnan Spring Dollar Silver

The Gradual Recovery of Chinese Coin Collection Market

more than $100,000, and in 2010, the Yunnan Spring silver

The market value of Chinese coins did not recover until the

million.

dollar became the first Chinese coin realizing $1 million. But by 2010, more than 100 U.S. coins had sold for more than $1

1966 Glendining Auction and the 1971 Eduard Collection

We can get an idea of the values and trends of Chinese

Auction. In the 1991 Goodman Collection Auction, the 1903

coins at the time in Eduard Kann's Illustrated Catalog

Fengtien silver tael became the first Chinese coin realizing

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of Chinese Coins was published in 1954 and reprinted in1966, which also reported the market value of Chinese coins. We can have a good view of the Chinese coin market from the results of the 1971 Kann Collection Auction and the 1991 Goodman Collection Auction. Based on this historical information, we have added the coin sale prices after the 1991 Goodman Collection Auction to the third edition of Top Chinese Coins to provide a historical update of the prices.

Nelson Chang and his wife Edith Hsi

Turpin Hsi

Nai-chi Chang

Nelson Chang (top row, third from left) with Wall Street colleagues Sandy Weill, second from the left in the bottom row, became chairman of Citigroup, and Arthur Levitt, third from the left in the bottom row, became chairman of the U.S. Securities and Exchange Commission

Prospects including the Hunt Brothers. The Hunt Brothers attempted

According to renowned collector Nelson Chang ( 張南琛 ),

to manipulate the silver market from 1979-1980, and it was

as China's economy continues to grow, Chinese coins will

Chang who managed their trading account. Later, Chang

once again become the most valuable coins. This view

became one of the pioneers in the field of hedge funds,

is perhaps supported by the acquisition of NGC's parent

launching innovative funds and financial instruments.

company, CCG Group, by Blackstone, the world's leading

Nelson Chang has extensive experience in the financial

financial management company, in 2021.

field, which gave him a keen sense of the future of rare

Born into a famous family of collection, Nelson Chang was

Chinese coins.

the son of Nai-chi Chang ( 張 叔 馴 ), the "king of ancient

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coin collecting", and his father-in-law was the director of

Nelson Chang laid down his six rules for collecting coins,

the Central Mint of the Republic of China, Turpin Hsi ( 席

especially rule 6 - be generous to all involved and be kind

徳柄 ). Chang's career brought him into contact with some

to other collectors and researchers, to be more beneficial

of the most legendary investors in the field at the time,

to all parties.

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The Six Criteria of the Nelson Chang Collection Pay attention to the quality of the coin (extremely beautiful or better quality coins). Grades are very important, do not

buy low grade coins to fill a gap in your collection. Therefore, many of the coins in the NC collection are not only very rare, but many are of the best-known quality.

Don't collect coins that you have any hesitation about owning, and don't collect coins that you don't know why you

should collect.

If one is confident of a coin's long-term value, then it is okay to pay even a higher than market price. If a coin does not

appear on the market often or is only available once or twice in a lifetime, then one can pay up to 40% above the market price.

Have some flexibility when collecting is how to deal with the fact that there will be coins that you can't buy, and more

often than not, coins that have unaffordable prices. As an investor, it is important to look at the right time to make a move when the market is adjusting downward or when a large collection is emerging.

Review your wish list regularly and prioritize it. NC has a wish list of his own, which made it easy for some important

coin dealers to contact him when they came across coins on his wish list. After acquiring some of the coins on the list, he would remove the coins he got from his wish list so that coin dealers will not go back to those coins.

Be honest and generous with everyone in the collecting community.

Nelson Chang has also said that he has had great fun collecting, meeting Chang Huang, Hans Schulman, Don Keifer, and many other interesting people. He also said that collecting is a marathon, not a sprint race, so one needs to take a long-term view. For example, Nelson Chang bought the Heaton Hunan silver dollar pattern coins in 1975 and held the set for nearly 40 years before selling it to Champion Auction in 2014 in a private transaction, which was one of his best numismatic investments. Just as location is important for real estate, the most important influencing factor for coins is first the condition, second the condition, and still third the condition. Nelson Chang focused on the rarity and quality of coins, which is why

Heaton Hunan Dollar Silver, NC Collection, NGC SP67

more than 60 of the 100 coins from his collection broke the auction record at the Nelson Chang Chinese Coin Collection Auction held on May 30, 2021. Among them, the 1911 Empire Long Whisker Dragon Dollar Silver, which is both scarce and in good condition, and one of the best coins in the popular 1911 Empire series, and eventually sold for a record $1,343,000.

1911 Empire Long Whisker Dragon Dollar Silver, NC Collection, NGC MS64

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It is believed that with the joining of Blackstone, more

in 1941. However, the highest price for a rare Chinese

financial institutions will take an interest in coin collecting,

coin by American collector D.C. in the 1972 Jess Peters

including Chinese vintage coin collecting. In the 1970s

Sale List was still as high as $6,000, while a Kwangtung

and 1980s, when third-party certification services were

Longevity silver tael pattern from the Ching Tse Wei/

not yet available, leading New York investment banks set

Eduard Kann collection was only priced $2,850 on the list.

up funds to invest in coins. Now, with the support of third-

A total of 626 lots were offered at the November 1966Von

party certification, financial institutions can more easily set up departments to invest in coins.

Halle Collection Auction held by Glendining. Prior to the

An important feature of Chinese coin collecting is that

biggest sale of Chinese coins in the UK and possibly the

Chinese coins were collected by both Chinese and

world at the time, with nine coins selling for over £200:

Western collectors Yet very few Chinese collect U.S. coins.

the 1902 Heaton Chekiang Kaishu silver dollar, (Lot 0567,

So Chinese coins may become more valuable than U.S.

£320); the 1931 Chinese Soviet silver dollar (Lot 801,

1971 Kann Collection Auction, this 1966 sale was the

coins one day because they have more collectors. It is also

£320) ; 1928 Chang Tso-lin silver dollar (Lot 768, £320);

possible that the Chinese coin market will be similar to the

1926 Chang Tso-lin silver dollar (Lot 767, £250); 1927 Chu

American market, where popular varieties and series, and

Yupu silver dollar (Lot 069, £260); Yuan Shih-kai flying

top condition coins will be more valuable than actually rare

dragon dollar with L. Giorgi signature (Lot 746, £275);

coins. Therefore, the rarest coins may not definitely be

Hupei Benshen silver dollar ( Lot 528, £230); 1868 Hupoo

the most valuable coins, considering factors such as the

tael silver dollar (Lot 843, £280); 1866 Hong Kong proof

popularity and preferences of collectors.

silver dollar (Lot 1072, £245).

When studying historical value trends in the coin market,

This 1902 Chekiang silver dollar and the 1903 Fengtien

the use of authentic historical record documentation is

silver tael that sold for $3,000 at the 1971 Kann Collection

probably the most valuable.

auction are two of the rarest Chinese vintage coins. The auction record for the 1903 Fengtien silver tael was not

The highest price we can see in these letters between

broken until the 1975 Paramount Auction, where Nelson

Eduard Kann and Howard Bowker is for a 1902 Chekiang

Chang purchased the Hunan silver dollar pattern coin

silver dollar. Eduard Kann mentioned this in his letter to

for $15,500. According to renowned Hong Kong coin

Howard Bowker on March 25, 1941, stating that he had

dealer Chang Huang, this was the first Chinese coin

bought the coin the day before for $2,500.

to sell for more than US$10,000, at either auction or a private transaction. In 1976, Chang Huang sold the 1866 Shanghai two mace silver pattern from the Eduard Kann

A letter from Eduard Kann to Bowker

Collection and the 1972 Jess Peters Sale List to Nelson Chang for $10,000, as well as the 1884 Kirin Arsenal Zinc

March 25, 1941 Two pages in total

Pattern Set from the AM Tracey Woodward and Eduard

From No.941 Fuxu Road

Kann collections for $10,000.

I now have a large collection of Chinese silver dollars.

Unfortunately, all the varieties of coins that I didn't have to buy cost thousands of dollars. For example, yesterday I paid $2,500 for a 1902 silver dollar coin with the province inscribed "CHEKIANG" instead of CHEH-KIANG, with only 3 knowns.

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100 Greatest U.S.Coins by Jeff Garrett and Ron Guth describes the minting background of many of the great rare coins and helps collectors build top American coin collections. The book won many awards, and some individuals and families began collecting U.S. coins due to its publication, some even spending over $100 million on their coin collections.

This is perhaps why many rare Chinese coins like the

We compiled Top Chinese Coins inspired by the 100

1902 Chekiang silver dollar sold for as little as £320, or

Greatest U.S. Coins , hoping to facilitate collecting in the

$800 (about $2.50 per pound at the time), at the 1966

Chinese numismatic market. We believe that China's coin

Glendining & Co. auction of the Von Halle Collection

collecting market will also flourish with the development of

Auction, far below the price Eduard Kann purchased at

the economy.

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1972 Jess Peters Sales Catalog

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1902 Chekiang Dollar Silver

Lots 593 Shanghai Two Mace Silver

1867 Shanghai Two Mace, Eduard K./NC Collection, NGC PF66

100 Greatest U.S. Coins Third and Fifth Editions

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The Changes in the Numismatic Market in 2021

After understanding the development of the Chinese vintage coin collecting, let's take a look at the changes in the numismatic market in 2021.

Champion Auctions and the Journal of East Asian Numismatics The Chinese numismatic market was thriving in 2021, and it was also a strong year for Champion Auction and the

Journal of East Asian Numismatics .

A Legacy of Collection— The NC Collection of Chinese Coins

In May 2021, Champion Auction released A Legacy of

Collection - The NC Collection of Chinese Coins (《收藏傳 奇⸺ 張南琛中國錢幣收藏》). This book is a great honor for our good friend, Nelson Chang. The book records his experience in collecting and shares some of his insights on his favorite coins.

We released the third edition of Top Chinese Coins at the end of the year, which could not have been possible without the support of the editorial team, staff, business partners, industrial colleagues, and collectors who all contributed to its release. It has been 10 years since the release of the second edition in 2011, so an update was necessary.

Catalog of the 2021 Champion Macau Spring Auction Nelson Chang Chinese Collection Auction

Chang's dedication to collecting top condition vintage coins was one of the reasons why the Nelson Chang Chinese Coin Collection Auction held in Macau on May 30, 2021, was a great success.

In addition, we published four issues of the Journal of

East Asian Numismatics in 2021, which received excellent feedback. Together with the two books published with the support of our staff, 2021 was a great year for both Champion Auction and the Shanghai office of the Journal

of East Asian Numismatics .

Price Records of Chinese Vintage Coins

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In 2021, the Chinese vintage coin market already surpassed the highs of 2011. A 1928 Chang Tso-Lin silver dollar from the Samsung Museum collection of South Korea was auctioned in April, becoming the first Chinese vintage coin to sell for more than the $2 million mark at an auction.

In May 2021, a 1911 Empire long whisker dollar silver pattern from the Nelson Chang Collection set an auction record of $1,344,000.

1928 Chang Tso-Lin One Dollar Silver auctioned off in April 2021, PCGS SP64

In December 2021, auction prices continued to rise, with a 1926 Chang Tso-Lin silver dollar realizing RMB 25.99 million.

The highest auction prices for coins of several major countries are also listed in the third edition of Top Chinese

Coins .

At the time of Top Chinese Coins publication in December, a 1933 U.S. $20 double eagle gold coin was the world’s most expensive coin with an auction price of $18,872,250 in 2021; second place went to a Roman March 15 Brutus

1911 Empire Long Whisker Dragon Dollar Silver auctioned off in May 2021, NGC MS64

gold coin with an auction price of $4,188,393; third place went to a 1740 Russian ruble pattern coin from the Samsung Museum Collection with an auction price of $3,858,890. The fourth-place winner was a 1937 British Edward VIII £5 gold pattern coin from the Samsung Museum Collection, which auctioned for $2,280,000, and the fifth-place winner was a 1928 Chang Tso-Lin silver dollar from the Samsung Museum Collection, which sold for $2,280,000.

However, with the recent appearance of this 1926 Chang Tso-Lin silver dollar, which realized approximately Chang Tso-Lin silver coin has jumped into third place.

1926 Chang Tso-Lin Silver Dollar auctioned off in December 2021, PCGS SP62

Trend Forecasts of Chinese Vintage Coins

We believe that top Chinese coins could reach the $5

This positive trend has led to a change in our previous

friend Nelson Chang believes, investing is a marathon, not

$4,000,000, the above ranking has changed - the 1926

million to $10 million mark in the next 5 to 10 years. As our a sprint race, and the long-term outlook for top Chinese

forecast for the market.

coins is positive.

We believe that Chinese coins could reach the $5 million

We hope that all collectors of Chinese coins will enjoy the

to $10 million mark in the next 5 to 10 years. As our friend

process of collecting as much as Nelson Changdid.

Nelson Chang believes, investing is a marathon, not a sprint race, and the long-term outlook for top Chinese

In the section on the world's great collectors that we

coins is positive.

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1907 Indian Head Double Eagle Gold Pattern Louis Eliasberg

1849 Double Eagle Gold Pattern

J. P. Morgan

Saint-Gaudens

can only dream of owning. J. P. Morgan reportedly offered $35,000 for the 1849 Double Eagle in 1909, which was an astronomical price at the time.

have added to the third edition of Top Chinese Coins ., we have the famous American coin collector Louis Eliasberg.

This remarkable 1907 Indian Head Double Eagle gold

He said something similar in an interview on November

pattern coin was first owned by Charles Barber, chief

7, 1975 interview: "If you are a numismatist or a coin

engraver at the U.S. Mint. Waldo Newcomer bought the

collector, I hope you will gain the joy and happiness that

coin directly from Barber's estate. It was then sold to the

comes from collecting." Eliasberg has also shared, "When

famous collector F.C.C. Boyd, whose wife sold it to Abe

making a purchase, you should buy through a reputable

Kosoff and Abner Kreisberg for $1,500 around 1945.

dealer. If you are investing any significant portion of your

The coin then changed hands being sold to King Farouk

assets in rare coins, then make sure you are familiar with

of Egypt for nearly $10,000. After the overthrow of King

all aspects of the business."

Farouk, his collection of rare coins was auctioned in 1954 in a special sale called the Palace Collection. Abe Kosoff

We can use the 1907 Indian Head Double Eagle gold

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pattern coin for comparison.

repurchased it at this auction for $3,444 and exchanged

The 1907 Indian Head Double Eagle Gold Pattern Coin

purchased the coin for $10,000 in 1956. Paramount

was struck by the United States Mint at the request of

International Coin Corporation auctioned it as part of the

designer Saint-Gaudens. Let us look at it for comparison

Wilkison gold vintage coin collection in 1973, and the

with the 1849 Double Eagle Gold Coin and the 1933

entire collection was later bought by to A-Mark Financial

Double Eagle Gold Coin.

Corporation.

The 1849 Double Eagle Gold Coin and the 1933 Double

The coin was later sold in 1979 in a private transaction to

Eagle Gold Coin are both coins that most numismatists

Maryland coin dealer Julian Leidman for $500,000. Jack

the coin for one with Roy E. Naftzger Jr. Dr. J.E. Wilkison

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Hancock and Bob Harwell bought the coin at the American Numismatic Association auction in 1981 for $475,000, the last time the coin was publicly traded. A few years later, the coin was sold to a collector in the northeastern United States who specializes in collecting Saint-Gaudens design coins and is one of the leading collectors of Saint-Gaudens design coins today.

As mentioned above, this coin could now be worth $20 to $25 million, even more than the price of the 1933 Double Eagle gold coin.

Michael Chou and Jeff Garrett are pictured at the opening of the Numismatic Pavilion of the Smithsonian Museum.

The coin in hand is a 1907 small-size $20 gold coin, of Michael Chou and Jeff Garrett are pictured at the opening of the Smithsonian National Museum of American History's Numismatic Pavilion on July 15, 2015. The coin in hand is a 1907 small-size $20 gold coin, of which only two are known to exist, both in the Smithsonian National Museum of American History and valued at more than $10 million.

which only two are known to exist, both in the Smithsonian Museum and valued at more than $10 million.

Another masterpiece by Saint-Gaudens, the 1907 U.S. Ultra-Relief Double Eagle Gold Coin, has also sold for a very high price. A 1907 U.S. ultra-high relief double eagle gold pattern coin in the Norweb collection, graded NGC PR68, was acquired by K.I. Lee ( 李 健 一 ) in 2003 for $1.25 million. It had been in the collection of the Samsung Museum which acquired it through the hands of renowned Asian numismatist and author Michael Cummings. In April 2021, the coin was auctioned off for $3.6 million.

The price of the 1907 U.S. ultra-high relief double eagle gold pattern coin illustrates that popular varieties and series may sometimes be more valuable than those rarer coins.

As one of the rarest and most popular coins in the U.S. series, the Ultra High Relief Double Eagle Gold Coin stands out from the crowd of coin rarities for its classical beauty and artistic appeal. In the words of Jeff Garrett and Ron Guth, "There is perhaps no coin in the United States, or indeed the world, that is so visually appealing

Michael Cummings

as the Ultra High Relief $20 Gold Coin." Today, there are approximately 20 known ultra-high relief gold coins, six of which are in the Smithsonian Museum, the American Numismatic Society (ANS), and the Harry Bass Core

In March 1941, Eduard Kann bought a 1902 Heaton

Collection of the American Numismatic Association (ANA).

Chekiang silver dollar in Shanghai for US$2,500, of which

The historical price of the 1907 U.S. ultra-high relief double

only three are known. In 1941, Farouk I of Egypt bought a

eagle gold pattern coin is clearly recorded, and we can

1933 U.S. $20 gold coin for $1,250, which was auctioned

make a comparison here between the historical transaction

for $18.9 million in 2021.

prices of the 1902 Heaton Chekiang silver dollar, the 1907 U.S. ultra-high relief double eagle gold pattern, and the

The Paramount Collection of the Samsung Museum

1933 U.S. ultra-high relief double eagle gold pattern.

Collection contains a 1907 ultra-high relief gold coin once

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Mr. and Mrs. Norweb

K.I. Lee

1907 U.S. Ultra High Relief Double Eagle Gold Pattern, NGC PF68

owned by Albert Holden. Holden bought the coin in 1907,

The Norwebs were among the American collectors who

the coin was later sold at Bowers and Merena's Rare Sale

participated in the 1954 auction of the Farouk I Collection

in 1997 for $660,000 (Lot 353), a staggeringly high price

in Egypt.

for the time. Since then, it has appeared twice at Goldberg auctions, both of which realized over $1 million.

2021 Market Review - Part I will compare the US

Notably, Albert Holden's daughter, Emery May Holden

perspectives, so please stay tuned.

and Chinese coin markets in 2021 and share more

Norweb, not only maintained but expanded the collection

participated in the 1954 auction of the Farouk I Collection

after Albert Holden's passing, making her one of the greatest female collectors of all time.

in Egypt.

In 1917, she married R. Henry Norweb, a diplomat, and the

2021 Market Review - Part I will compare the US and Chinese coin markets in 2021 and share more

two later became extremely keen collectors. From the mid-

perspectives, so please stay tuned.

1930s to the 1960s, they continued to participate actively in auctions and purchased many treasures privately.

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中國機製幣收藏的發展歷史

2021

在回顧 2021 年錢幣市場前，不妨讓我們先從以下四個方面來瞭解中國 機製幣收藏的發展歷史。

中國機製幣收藏自 20 世紀 30 年代起，以上海為中心興起。 1937 年 4 月 2 日，中華錢幣協會在亞洲文會大樓（現上海外灘美術館）閱覽室內舉辦了一場特別大會， 會議通過了《中華錢幣協會章程》，並任命耿愛德先生（Eduard Kann）擔任副理事長一職。 至 1949 年，中國機製幣領域著名的藏家有西方的伍德華（AM Tracey Woodward）、 耿愛德（Eduard Kann）、鄧肯·雷伯恩（Duncan Rayburn）、羅斯（Giuseppe Ros）等，中國的施嘉幹、秦子幃、 李偉先羅伯昭等，還有著名的幣商馬定祥和記者張璜，張璜後來也成為了中國香港的幣商巨頭。 在此過程中，中西方錢幣收藏領域不斷發展，錢幣學會不斷壯大，推出了《泉幣》等相關刊物，伍德

◎冠军研究室〔上海〕

收藏起源

年 中 國 錢 幣 市 場 回 顧

華、耿愛德、鄧肯·雷伯恩以及羅斯等錢幣界的大師們也紛紛撰文著書，這些都大大地提升了業界對

第 一 部 分

中國錢幣領域的瞭解。 包克所收藏的中華錢幣協會文集中，刊發於《中國雜誌》的文章共六篇，此為第一篇。後五篇文章分 別涉及中華蘇維埃硬幣與紙幣、上海硬幣、中國臆造幣、中國造幣歷史以及中國早期銀幣。

亞洲文會大樓

《 中華錢幣協會章程》

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李偉先（ 左） 與馬定祥（ 右）

《 泉幣》 創刊號 施 嘉 幹 著《 中 國 近 秦子幃所制《 銀幣 代鑄幣匯考 》 拓集》 第四冊

張璜著 《 中國銀圓及 耿爱德签赠给包克的第一版《 中国 銀兩幣目錄 》 币图说汇考 》

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《 中國造幣廠歷史》

《早期中國銀幣 》

《 中華蘇維埃硬幣與紙幣》

《 不存在的硬幣》

耿愛德與包克通信 ，右圖右下角有耿愛德簽名

另外，包克（Howard Bowker）與耿愛德、邱文明 (Arthur

我們從這些信件中瞭解到一些大珍錢幣的歸屬、當時的成交

Coole) 等收藏家在 20 世紀 20 年代到 1970 年間的往來信件

價格，以及這些中國珍稀錢幣市場的具體狀況。《東亞泉志》

也提供了一些彌足珍貴的資料，信中涵蓋了不少關於中美兩

曾刊載過包克和耿愛德在 1939 年至 1949 年間的往來信件，

地藏家探討中國錢幣收藏的詳細內容，其中透露出的信息不

而在 2022 年出版的《東亞泉志》中，我們將繼續推出包克

乏真知灼見。

和耿愛德在 1950 年時的溝通信件。

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伍德華

耿愛德

施嘉幹

值得一提的是，有三個著名的中國機製幣收藏在 1950 年面世。

DEPARTMENTS

秦子幃

出售了自己收藏的喜敦版陝西省造光緒元寶銀幣樣幣套幣、 廣東壽字壹兩銀質樣幣，以及 1911 年（宣統三年）短須龍

伍德華的藏品在他過世後由他的遺孀處理。1938 年時，她

版大清銀幣。其中的廣東壽字壹兩銀質樣幣收歸耿愛德收藏，

在耿愛德的幫助下試圖將伍德華的收藏出售給中國政府，但

在 1971 年的耿愛德舊藏拍賣上被 D.C 買入，並在 1972 年

未能如願。其出售對象可能是中央造幣廠或中央銀行，因為

以 2 850 美元的價格被列於 Jess Peters 銷售目錄上；而其收

這兩家機構均與耿愛德有所聯繫。包克 1950 年寫給耿愛德

藏的宣三短須龍銀幣很可能也被耿愛德買下，因為在 50 年

的信件中曾透露，一位幣商向伍德華遺孀出價，意圖買下這

代初，他在紐約著名幣商漢斯·舒爾曼（Hans Schulman）的

些錢幣，但遭到拒絕。最終，她將伍德華舊藏出售給了紐約

銷售目錄上出售了一枚複製品，當時的價格是 500 美元。

的 Capitol Coins 公司。 施嘉幹也曾前往美國出售他所擁有的中國機製幣藏品，當時 的預期價格為 50 萬美元（這個價格和美國著名藏家路易斯·埃 利亞斯伯格 Louis Eliasberg 建立其美國錢幣收藏的價格相 當），而他的藏品最終在 20 世紀 90 年代由他的妻子捐贈 給了上海博物館。 1950 年至 1951 年期間，秦子幃也身在美國，他在包克的幫 上海博物館中的銘牌

助下出售了自己的收藏。我們認為，秦子幃正是在這個時期

鼎盛時期

1949 年，中國經濟面臨動盪，錢幣價格大大降低。埃及末 代國王法魯克一世收藏拍賣也驗證了這一趨勢。法魯克一

20 世紀 40 年代至 50 年代也是中國機製幣最有價值的時期。

世曾從漢斯·舒爾曼那裏以 1 萬美元的價格購買了一枚 1907 年美國金質樣幣 ，該幣在 1945 年時曾以 1 500 美元的價格

耿愛德曾在 1941 年以 2 500 美元的價格買下一枚 1902 年浙

成交。在 1954 年法魯克一世收藏 Palace 專題拍賣上，這枚

江省造光緒元寶庫平七錢二分銀幣（信件內容見後文）。同年，

錢幣的成交價格僅為 3 444 美元，是法魯克一世購買價格的

埃及的法魯克一世（King Farouk）以 1 250 美元的價格從漢

1/3，但此後價格又恢復到 1 萬美元。這表明，國際市場的

斯·舒爾曼那裏買下了 1933 年美國雙鷹金幣，這枚幣在 2021

關注可以導致錢幣價格的上漲。根據我們的好友傑夫·加勒

年 6 月 8 日以 1 890 萬美元的價格在紐約蘇富比拍賣會上成

特（Jeff Garret）的分析，這枚幣現在可能價值為 2 000 萬

交。具體內容我們將在第二部分中進行介紹。

到 2 500 萬美元。

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法魯克一世

1966 年格蘭登寧拍賣目錄

法魯克一世

Palace 收藏

1971 年耿愛德舊藏拍賣目錄

漢斯·舒爾曼

1903 年奉天省造庫平銀一兩銀幣

庚戌春季雲南造宣統元寶

逐漸恢復

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中國錢幣的市場價值直到 1966 年格蘭登寧拍賣 （Glennding）

拍賣上，1903 年奉天一兩銀幣成為第一枚成交價格超過 10 萬

和 1971 年耿愛德舊藏拍賣才有所恢復。1991 年古德曼舊藏

美元的中國錢幣；2010 年時，庚戌春季雲南造宣統元寶成為第

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一枚拍賣金額達到 100 萬美元的中國錢幣。但在 2010 年，已 經有超過 100 枚美國古錢幣的成交價格超過 100 萬美元。 我們也可以在耿愛德 1954 年和 1966 年《中國幣圖說匯考》 中瞭解到中國錢幣當時的價值和趨勢，這本書也反映了中 國錢幣的市場價值。我們也能從 1971 年耿愛德舊藏拍賣和 1991 年古德曼舊藏拍賣的成交結果對中國錢幣市場有一個 很好的回顧。我們基於這些歷史資料，在《中國近代機製幣 精品鑒賞 第三版》中增加了 1991 年古德曼舊藏拍賣後的錢 幣成交價格，對錢幣的價格做出了歷史性的更新。 張南琛與夫人席與時

席徳柄

張叔馴

張南琛 （ 后排左三） 與華爾街的同事 前排左二的桑迪·威爾（ Sandy Weill ） 後來成為花旗集團董 事長， 前排左三的亞瑟·萊維特（ Arthur Levitt ） 後來擔任了 美國證券交易委員會主席。

前景展望 著名藏家張南琛分析認為，隨着中國經濟的不斷發展，中國

是由張先生負責管理。後來，張南琛先生成為了對沖基金領

錢幣將會再次成為價值最高的錢幣。而世界領先的金融管

域的先鋒之一，推出了創新型基金和金融工具。

理公司——黑石集團在 2021 年收購 NGC 母公司 CCG 集團 他在金融領域有着豐富的經驗，這使得他對中國稀有錢幣的

(Certified Collectibles Group) 的行為或許也佐證了這一觀點。

未來有着敏銳的嗅覺。 張南琛出生自著名的收藏之家，是古錢幣收藏大王張叔馴之 子，他的岳父是民國時期中央造幣廠廠長席徳柄。張南琛先

張南琛還制定了他在收集錢幣方面的 6 條規則，特別是第 6

生的職業生涯讓他接觸到了當時該領域中最具有傳奇色彩的

條——對所有參與進來的人都要慷慨大方，對其他的藏家和

投資者，其中便包括亨特兄弟（Hunt Brothers）。亨特兄弟

研究者充滿善意，因為這會對各方都更為有利。

試圖在 1979-1980 年操縱白銀市場，而他們的交易賬戶正

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張南琛收藏的六大標準

要關注錢幣的品質（極美品或品相更好的錢幣）。品相非常重要，不要為了填補收藏中的空白而購買品相低的 錢幣。因此，NC 收藏中的很多錢幣不僅非常稀少，而且有很多都是已知品相最好的。 不對有所猶豫的錢幣下手，也不要對不知為何應該入手的錢幣下手。 如果自己對一枚錢幣的長期價值有信心，那麼即使付出更高的價格也可以。如果一枚錢幣不常出現在市場上， 或一生只有一兩次機會可以得到，那麼可以支付高出市場價格 40% 的價格。 收藏的時候要具有一定的靈活性，就是如何應對會存在買不到的錢幣，更經常的情況是有價格難以承受的錢幣。 作為投資者，要看準時機，在市場行情向下調整或有大收藏出現的時候出手。 定期回顧自己的願望清單，並確定其優先順序。NC 有一張自己的願望清單，這便於一些重要的幣商在遇到其願 望清單上的錢幣時聯繫他。當購得清單上的部分錢幣後，他會將得到的錢幣從願望清單上移除，這樣幣商們就不會 再去尋找那些錢幣。 誠實且慷慨地和收藏界裏的每個人交往。

張南琛還曾表示，他在收藏的過程中獲得了極大的樂趣，遇 到了張璜、漢斯·舒爾曼、唐·基弗（Don Keifer）和許多有趣 的人。他還說，收藏就是一場馬拉松，而不是一場短跑比賽， 所以需持一種長遠目光。例如，張南琛在 1975 年買下了喜 敦版湖南省造光緒元寶庫平七錢二分銀質樣幣，在 2014 年 將這枚錢幣通過私人交易賣給冠軍拍賣之前，他持有這枚錢 幣近 40 年，這是他最好的投資回報之一。正如地理位置對 房產的重要性一樣，對錢幣最重要的影響因素第一是品相， 第二是品相，第三還是品相。張南琛專注於錢幣的稀有性和 品相，這也是為何 2021 年 5 月 30 日舉行的張南琛收藏專 場拍賣上，出自張南琛收藏的 100 枚錢幣中，有 60 多枚打 喜敦版湖南省造光緒元寶庫平七錢二分銀質樣幣 張南琛收藏 ， NGC SP67

破拍賣紀錄。其中，1911 年長須龍大清銀幣兼具稀缺性和 好品相，是廣受藏家喜愛的宣三系列銀幣中品相最好的錢幣 之一，最終創下了 134.3 萬美元的成交紀錄。 相信隨着黑石集團的加入，會有更多的金融機構開始關注錢 幣收藏，其中或許就會包括中國機製幣。20 世紀 70 年代和

黑石集團

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1911 年長須龍大清銀幣壹圓，張南琛收藏 ，NGC MS64 J

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80 年代，當時的第三方認證服務還未成熟，紐約領先的投 資銀行便設立基金進行錢幣投資。現在有了第三方認證公司 的加持，金融機構便可以更容易地設立機構來投資稀有錢幣。 這部分的展望將在第二部分具體展開。 中國錢幣收藏的一個重要特徵是，歷史上中國錢幣既有本土 的藏家，也有來自西方的藏家。但卻很少有中國人收集美國 錢幣。所以有一天中國錢幣可能變得比美國錢幣更有價值， 因為它有更多的收藏者。但中國的錢幣市場也有可能會像美 國市場一樣，收藏家喜愛的品種和系列，以及頂級品相的錢 幣會比稀有的錢幣更有價值。因此，考慮到錢幣的受歡迎程

1972 年 Jess Peters 銷售目錄

度和收藏者的喜好等因素，最稀有的錢幣可能不一定是最有 價值的錢幣。 在研究錢幣市場的歷史價值趨勢時，使用真實的歷史記錄文

LOT 593 為上海貳錢

倫敦格倫丁拍賣公司在 1966 年 11 月舉辦的馮·霍爾舊藏拍

獻可能是最有價值的。

賣上共有 626 件拍品。在 1971 年耿愛德舊藏拍賣舉辦之前， 此次 1966 年拍賣是當時英國甚至有可能是全世界數量最多

我們從耿愛德和包克之間的這些信件中可以看到的最高價

的一次中國錢幣拍賣會，共有 9 枚錢幣的成交價在 200 英

格，是在 1941 年 3 月 25 日耿愛德寫給包克的信中提到了

鎊之上，分別是：1902 年喜敦版浙江楷書龍洋（Lot 0567，

一枚 1902 年浙江省造光緒元寶庫平七錢二分銀幣，耿愛德

320 英磅）；1931 年中華蘇維埃銀幣（Lot 801，320 英磅）；

表示，他在前一天以 2 500 美元的價格買下了這一枚幣。

1928 年張作霖像銀幣（Lot 768，320 英鎊）；1926 年張作 霖像銀幣（Lot 767，250 英鎊）；1927 年褚玉璞像銀元（Lot

耿愛德致包克的一封信

069，260 英鎊）；L. GIORGI 簽名版袁世凱像飛龍紀念幣（Lot 746，275 英鎊）；湖北省造本省銀元（Lot 528，230 英鎊）； 1868 年庫平一兩銀元（Lot 843，280 英鎊）；1866 年香港

1941 年 3 月 25 日

來自福煦路 941 號

鏡面精製銀元（Lot 1072，245 英鎊）。

共兩頁 這枚 1902 年浙江省造光緒元寶庫平七錢二分銀幣和在 1971 我現在收藏了大量的中國銀元。遺憾的是，所有我沒

年耿愛德舊藏拍賣上以 3 000 美元成交的 1903 年奉天一兩

必要購買的錢幣品種都要花費數千元。比如昨天，

銀幣，是最珍稀的中國錢幣之一。1903 年奉天一兩銀幣的

我不得不花費了 2 500 美元才買到了一枚約為 1902

拍賣紀錄直到 1975 年派拉蒙（Paramount）拍賣才被打破。

年的一元銀幣，這枚幣上面的省份刻的是浙江 CHE-

當時張南琛以 15 500 美元的價格拍下了湖南省造光緒元寶

KIANG”而不是 CHEH-KIANG。我目前只知道有三枚這

庫平七錢二分銀質樣幣。中國香港的著名幣商張璜認為，

樣的樣幣存世。

這不論是在拍賣還是私人交易中，都是第一枚成交價格超 過 10,000 美元的中國錢幣。1976 年，張璜將耿愛德收藏和 1972 年 Jess Peters 銷售目錄上的 1866 年上海貳錢銀質樣

這或許也是為什麼在 1966 年格蘭登寧公司的馮·霍爾舊藏拍

幣，以 10 000 美元的價格賣給了張南琛，還有伍德華和耿

賣會上，許多類似 1902 年浙江省造光緒元寶銀幣的珍稀中

愛德舊藏的 1884 年吉林鋅質樣幣套幣也以 10 000 美元的價

國錢幣最高只賣到了 320 英磅或 800 美元（當時每磅約合

格成交。

2.50 美元），遠遠低於耿愛德在 1941 年購買的價格。但在 1972 年 Jess Peters 銷售目錄中，美國藏家 D.C 的中國珍稀

傑夫·加勒特先生和古富（Ron Guth）所著《美國 100 枚最

錢幣售價中最高的仍然高達 6 000 美元，而目錄中秦子幃 /

偉大的錢幣》介紹了很多大珍錢幣的鑄造背景，並幫助藏家

耿愛德舊藏的廣東壽字壹兩銀質樣幣僅為 2 850 美元。

建立了頂級美國錢幣收藏。該書贏得了許多獎項，部分有一

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定財富積累的個人和家族在其出版後開始收藏美國錢幣，一

我們編著《中國近代機製幣精品鑒賞》便是受《美國 100

些甚至在錢幣收藏上花費超過 1 億美元。

枚最偉大的錢幣》啟發，希望借此助力中國錢幣市場。相信 中國的錢幣收藏市場也會隨着經濟的發展而蓬勃向上。

1902 年喜敦版浙江省造光緒元寶楷書 庫平七錢二分銀幣樣幣

1867 年上海貳錢銀幣 原耿愛德收藏，張南琛收藏 ，NGC PF66

1884 年吉林機器官局監製廠平銀幣鋅樣一套 原耿愛德舊藏 ， 張南琛收藏，孤品 ，單面 ，NGC PHOTOCERT 56

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2021 年錢幣市場變化

在瞭解中國機製幣收藏發展歷史後，讓我們來看看 2021 年相關領域 經歷了哪些變化。

冠軍拍賣 &《東亞泉志》 2021 年的中國錢幣市場欣欣向榮，冠軍拍賣和《東亞泉志》在這一 年裏業績勢如破竹。 2021 年 5 月，冠軍拍賣發行了《收藏傳奇⸺ 張南琛中國錢幣收藏》。 這本書對我們的好友張南琛而言是一份巨大的榮譽。書中記錄了他的 收藏過程，分享了他對自己最喜歡的錢幣的一些見解。

《 美國 100 枚最偉大的錢幣 》 第三版和第五版

我們在年底發行了《中國近代機製幣精品鑒賞 第三版》，這離不開編 輯團隊、工作人員、商業夥伴、行業同仁和各位藏家的支持，他們都 為第三版的發行貢獻了自己的力量。第三版 編撰距 2011 年發行第二 版已有 10 年之久，因此非常有必要進行更新。 張先生致力於收藏品相上乘的機製幣珍品，這也是為何 2021 年 5 月 30 日在澳門舉行的張南琛收藏專場拍賣會大獲成功的原因之一。這 《 收藏傳奇⸺ 張南琛中國錢幣收藏》

場拍賣會創造了超過 60 項成交記錄。 此外，我們在 2021 年又出版了 4 期《東亞泉志》，得到了業界的良 好回饋。加之在工作人員的支持下出版的兩本書，2021 年對冠軍拍 賣和《東亞泉志》上海辦公室都是成績斐然的一年。

冠軍 2021 年澳門春拍張南琛收藏專場拍賣目錄

2021 年的 4 期《 東亞泉志》

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錢幣價格紀錄 在 2021 年，中國機製幣市場已然超過了 2011 年的高點， 來自韓國三星博物館收藏的民國十七年（1928 年）張作霖 像紀念幣在 4 月被拍出，成為首枚拍賣成交價格突破 200 萬美元大關的中國機製幣。 2021 年 5 月，一件出自張南琛收藏的宣統三年長須龍壹圓 2021 年 4 月拍出的民國十七年 （1928 年 ） 張作霖像紀念幣 PCGS SP64

大清銀幣，創造了 134.4 萬美元的拍賣成交記錄。 2021 年 12 月，拍賣成交價格繼續上漲，一枚 1926 年的張 作霖像錢幣以 2 599 萬人民幣成交。 《中國近代機製幣精品鑒賞 第三版》中幾個主要國家的錢 幣的最高拍賣價格。 12 月出版時，1933 年美國 20 美元雙鷹金幣以其 2021 年 時 1 887 2250 美元的拍賣成交價格位居第一；第二名是羅 馬三月十五日布魯圖金幣，拍賣成交價格為 4 188 393 美

2021 年 5 月拍出的 1911 年宣統三年長須龍壹圓大清銀幣 NGC MS64

元；第三名是三星博物館舊藏的 1740 年俄羅斯盧布樣幣， 拍賣成交價格 3 858 890 美元；第四名是三星博物館舊藏 的 1937 年英國愛德華八世 5 英鎊金幣樣幣，拍賣成交價格 2 280 000 美元；第五名是三星博物館舊藏的 1928 年張作 霖像錢幣，拍賣成交價格 2 280 000 美元。 但隨著近期這枚以約 4 000 000 美元拍出的 1926 年張作霖 像銀幣出現，上述排名已經發生改變⸺ 這枚 1926 年張作 霖像銀幣拍賣成交價躍至第三位。

2021 年 12 月拍出的民國十五年 （1926 年 ） 張作霖像紀念 幣 PCGS SP62

趨勢前景預測 這種向好的趨勢讓我們原先對市場的預測有所改變。

過程中的樂趣。

我們認為，中國錢幣的成交價在未來 5 到 10 年內可能會達

在《中國近代機製幣精品鑒賞 第三版》中，我們增加的關

到 500 萬到 1 000 萬美元的大關。就像周邁可先生的朋友，

於世界上偉大的收藏家的部分中，有美國著名的錢幣收藏

也是他的導師⸺ 張南琛先生所認為的那樣，投資是一場馬

家路易斯·埃利亞斯伯格（Louis Eliasberg）。他在 1975 年

拉松，而不是一場短跑比賽，中國頂級錢幣的行情長期前景

11 月 7 日接受採訪中也說過類似的話：“如果你是一個錢

看好。

幣學家或錢幣收藏家，我希望你能獲得在收集藏品過程中獲 得快樂和幸福。”埃利亞斯伯格還曾分享過， “在進行購買時， 你應該通過有信譽的經銷商購買。如果你將你的資產的任何

我們希望所有中國錢幣的收藏者都能像張南琛一樣享受收藏

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1907 年印第安人頭像雙鷹金質樣幣

路易斯·埃利亞斯伯格

1849 年雙鷹金幣 買下了這枚錢幣。之後它又被出售給著名藏家博伊德（F.C.C. Boyd），其妻子在 1945 年前後又以 1500 美元的價格賣給 J.P. 摩根

聖·高登

了阿貝·科索夫（Abe Kosoff）和艾布納·克雷斯伯格（Abner Kreisberg）。這枚硬幣之後又轉手至埃及的法魯克王，價 格幾近 1 萬美元。在法魯克王的統治遭到推翻之後，其收

重要部分投資於稀有錢幣，那麼請確保你熟悉這個業務的

藏的珍稀錢幣在 1954 年進行了名為 Palace 收藏的專題拍

各個方面。”

賣。阿貝·科索夫在這場拍賣上以 3 444 美元的價格將其拍 回，並用這枚幣和小羅伊·納夫茨格（Roy E. Naftzger Jr.）

我們可以用 1907 年印第安人頭像雙鷹金質樣幣來與之做

交換了一枚錢幣。威爾克森醫生（J.E. Wilkison）在 1956

比較。

年以 1 萬美元的價格將這枚幣收入囊中。派拉蒙國際錢幣 公司（Paramount International Coin Corporation）在 1973

1907 年 印 第 安 人 頭 像 雙 鷹 金 質 樣 幣 是 應 設 計 師 聖· 高 登

年將其作為威爾克森金質樣幣收藏的一部分進行了拍賣，

（Saint-Gaudens）的要求，由美國造幣廠鑄造，與 1849

其 後 整 個 收 藏 收 歸 A- 馬 克 金 融 公 司（A-Mark Financial

年雙鷹金幣和 1933 年雙鷹金幣作對比之用。

Corporate）。

1849 年雙鷹金幣和 1933 年雙鷹金幣都是令大多數錢幣專

這 枚 幣 後 來 又 在 1979 年 通 過 私 人 交 易 以 50 萬 美 元 的

家夢寐以求的錢幣。據報道，摩根（J. P. Morgan）曾在

價 格 出 售 給 了 馬 里 蘭 州 的 幣 商 朱 利 安· 萊 德 曼（Julian

1909 年出價 3.5 萬美元購買 1849 年雙鷹金幣，這在當時

Leidman）。傑克·漢考克（Jack Hancock）和鮑勃·哈維爾

簡直是天價。

（Bob Harwell）在 1981 年以 47.5 萬美元的價格從美國錢 幣協會拍賣上買下這枚幣，這是這枚錢幣最後的一次公開交

這枚非凡的 1907 年印第安人頭像雙鷹金幣樣幣最早為美國

易。幾年之後，這枚幣出售給了美國東北部的一位藏家，這

造幣廠首席雕刻師查爾斯·巴伯（Charles Barber）所有。

位藏家專注於收藏聖·高登設計的錢幣，是當今聖·高登設計

沃爾多·紐科默（Waldo Newcomer）直接從巴伯的遺產中

錢幣收藏領域的大家。

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如前文所述，這枚幣現在可能價值為 2 000 至 2 500 萬美元， 甚至高於 1933 年的雙鷹金幣的價格。 聖·高登的另一傑作⸺ 1907 年美國超高浮雕雙鷹金幣， 也曾以非常之高昂的價格成交。有一枚諾維收藏（Norweb） 的 1907 年美國超高浮雕雙鷹金幣樣幣，經評 NGC PR68， 在 2003 年 時 經 著 名 亞 洲 錢 幣 學 家、 作 家 邁 克 爾· 卡 明 斯 （Michael Cummings）之手，被李健一（K.I. Lee）收歸三 星博物館收藏，當時的成交價格為 125 萬美元。2021 年 4 月， 該幣以 360 萬美元的價格被拍出。 1907 年美國超高浮雕雙鷹金幣樣幣的價格情況說明，受歡

周邁可與傑夫·加勒特在 2015 年 7 月 15 日合影於史密森美 國國家歷史博物館錢幣展館開幕式 周邁可手中所持為 1907 年小規格 20 美元金幣，已知僅 2 枚， 均收藏於史密森美國國家歷史博物館 ，價值超過 1 000 萬 美元 。

迎的錢幣品種和系列有時可能比存世量稀少的錢幣品種和 系列更有價值。 超高浮雕雙鷹金幣是美國系列金幣中最稀有、最受歡迎的 錢幣之一，其古典的美感和藝術魅力從一眾錢幣珍品中脫 穎而出。用傑夫·加勒特和古富的話說，“也許美國乃至世 界上都沒有向超高浮雕金幣這樣如此具有視覺吸引力的錢 幣了。”如今，已知的超高浮雕金幣大約有 20 枚，其中 6 枚被收藏在美國史密森國家歷史博物館、美國錢幣學會 （ANS）、美國錢幣學會（ANA）的哈裏·巴斯核心藏集（Harry Bass Core Collection）中。 1907 年美國超高浮雕雙鷹金幣樣幣的歷史價格記錄清晰， 我們在此可以對 1902 年喜敦版浙江省造庫平七錢二分銀幣、 1907 年美國超高浮雕雙鷹金幣樣幣和 1933 年美國超高浮 雕雙鷹金幣樣幣的歷史成交價格略作比較。 1941 年 3 月，耿愛德在上海以 2 500 美元的價格買下了一 枚 1902 年喜敦版浙江省造庫平七錢二分銀幣，該幣已知僅 3 枚。

邁克爾·卡明斯

1941 年，埃及法魯克一世以 1 250 美元買下了一枚 1933 年美國 20 美元金幣（2021 年時以 1 890 萬美元的價格拍出）。

都超過了 100 萬美元。

三星博物館收藏的 Paramount 藏集中有一枚 1907 年超高

值得一提的是，阿爾伯特·霍爾頓的女兒埃默裏·梅·霍爾頓·諾

浮雕金幣，曾為阿爾伯特·霍爾頓所有（Albert Holden）。

維（Emery May Holden Norweb）在阿爾伯特·霍爾頓過世後，

霍爾頓在 1907 年買下了這枚錢幣，該幣後於 1997 年在

不僅對其收藏進行了保留，並且進行了擴充，成為有史以來

Bowers and Merena 的珍品銷售拍賣上以 66 萬美元價格成

最偉大的女性收藏家之一。

交（Lot 353），在當時的價格之高令人咋舌。自那以後， 1917 年，她與外交官 R. 亨利·諾維（R.Henry Norweb）結婚，

它已經出現在兩次 Goldberg 拍賣會上，兩次拍賣的成交額

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諾維夫婦

李健一

1907 年美國超高浮雕雙鷹金幣樣幣 ， NGC PF68

後來兩人極其熱衷收藏。從 20 世紀 30 年代中期到 60 年代，

日以 1 250 美元出售；在 1950 年 5 月經馬克斯·梅爾（Max

他們不斷積極參加拍賣，並私下購買了很多珍品。諾維家族

Mehl）以 3 800 美元拍出（Lot 626） ；在 1961 年 2 月經漢斯·舒

是 1954 年參加埃及法魯克一世收藏拍賣會的美國收藏家中

爾曼以 18 250 美元拍出（Lot 1417）。

的一員。 《2021 年錢幣市場回顧⸺ 第二部分》將對 2021 年的中 另有一枚 1907 年美國超高浮雕雙鷹金幣在 1944 年 1 月 3

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The First Issue of China A New Discovery ◎ Bertram W. H Poole〔UK〕 particular interest to the specialist, and though they have

he did in the course of an interesting article in Gibbons' Stamp Weekly for December 19th, 1908. Mr. Lovelace

been fairly extensively studied since the late Mr. Nankivell

was handicapped by lack of material, though he was quite

first called attention to the different size sheets there is still

correct in all his deductions, and I can now, perhaps, add a

much to be done before the "last word" on the subject is

little to the philatelic history of these interesting stamps.

The three stamps forming China's first issue are of

written. The design is quaint and eminently Oriental, the

About eighteen months ago I received a selection of

centrepiece being a particularly a we-inspiring dragon. I

Chinese stamps from a well known English firm together

need hardly enter into a detailed description of the design

with the following letter: "We have just bought a number of

- the stamps are doubtless familiar to all my readers-but I

first and second issue Chinese stamps, which have been

would like to point out that though the central portion of all

brought home by a high official in the Chinese Customs

three is, at first glance identical, as a matter of fact each

Service, and which include a number of imperforate copies

differs from the others quite extensively if the details are

in blocks and a few whole sheets. We are sending you

carefully compared. In an article I wrote for the Monthly

herewith a book of these in pairs, strips, and blocks and

Journa l in 1904 I detailed these differences, but it will be

would especially call your attention to the 1 cand, gummed

sufficient for present purposes to refer the student to the

and imperforate. Gibbons' catalogue the 3 cand in this

shape of the lines above and below the dragon, the small

condition but not the 1 cand. The other imperforate stamps

object in the centre, and the tiny circles in the lower portion

are either proofs, or, what is more probable, from printers'

of the drawing. In the 1 candarin there are five of these

waste sheets." I immediately procured all the entire sheets

small circles; in the 3 candarins there are also five, but

I could and upon examining these made the somewhat

instead of there being two under the left hind claw, there

important discovery that slight alterations were made in

is only one, the other being placed near the back claw of

the cliches of all three values before they were issued. In

the right foot; and in the 5 candarins there are only four

other words, I have imperforate sheets from the complete

small circles. I wish to call particular attention to these little

plates of 25 electrotypes showing peculiarities which are

circular ornaments for I shall refer to them again shortly

not known in any of the issued perforated stamps. These

in connection with a rather important discovery. The

peculiarities consist of an extra small circle at the base of

differences between the design of the three values are

the design between the first circle at left and the hind claw

such as to prove beyond a doubt that an entirely separate

of the dragon's foot below. Thus the 1 cand and 3 cand,

die was engraved for each.

each have six tiny circles instead of the normal five; and

When Mr. Nankivell first described the differences in the

the 5 cand has five circles instead of the normal four. As all

sheet of these three stamps he expressed the opinion

25 electrotypes for each denomination show these extra

that they were produced by lithography (Monthly Journal ,

circles it is obvious that they were on the original dies. What

June,1907) though I believe he abandoned this theory shortly

particular meaning this extra circle may have had I do not

afterwards. At any rate the statement was entirely incorrect,

know, but it was evidently not correct according to Celestial

for the stamps were undoubtedly printed by typography

ideas, for the offending ring was carefully removed from all

from small plates composed of either 20 or 25 separate

75 electrotypes. The erasure, moreover, was made without

electrotypes. These electrotypes, of which it is probable

disturbing the plate forms into which the electrotypes were

there were never more than 25 of each denomination, were

arranged and we thus find these "unissued" varieties

evidently cast direct from the original dies.

correspond exactly to the first setting of the regularly issued stamps in each case. In making these erasures accidental

Although the existence of different settings was known

varieties, consisting of short lines or dots in the printed

to most collectors of Chinese stamps, Mr. C.L. Harte

stamps, were made which are of considerable help as

- Lovelace was the first to give a comprehensive and

guides to the plating of these stamps.

intelligible description of the differences in print, which

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中國首套郵票新發現 ◎ 伯特倫·W. H·普爾〔英國〕 郵票專家們對中國首套三枚郵票非常感興趣。雖然自已故

行了全面且清晰的描述。儘管勒夫雷司先生所有的推論都

的郵票以來，這三枚郵票已經得到了相當廣泛的研究，但

有趣郵票的集郵史增添一點色彩。

的南基韋爾先生（Mr. Nankivell）首次呼籲關注不同大小

是正確的，卻吃了材料不足的虧。而我現在也許可以為這些

在寫下關於這個話題的定論之前，仍有許多工作尚待完成。 郵票的設計古雅，具有明顯的東方特色，中心部分是一條

大約18個月前，我從一家知名的英國公司那裏收到一批中

述⸺ 我的讀者們無疑都很熟悉這些郵票⸺ 但我想指出，

二版中國郵票，這些郵票是由中國海關的一位高級官員帶

國郵票，以及如下信件 ： “我們剛剛購買了一批第一版和第

威風凜凜的雲龍。我幾乎不需要對郵票的設計進行詳細描

回來的，其中包括一些無齒孔的方連郵票影本和一些全張

雖然三枚郵票的中心部分乍一看是相同的，但事實上，如

果仔細比較細節，每一枚都大不相同。我在1904 年為《月刊》

郵票。我們隨函寄給你一冊這些雙連郵票、成條郵票和方

寫的一篇文章中詳細介紹了這些差異，但就目前而言，向

連郵票，並特別提醒你注意膠裝和無齒孔的壹分銀郵票。

學者介紹一下龍上方和下方的線條形狀、中心的小龍珠以

吉本斯的目錄中叁分銀郵票是這種情況，壹分銀不是。其

及圖畫底部的小水

他的無齒孔郵票要麼

珠就足夠了。在壹

是印樣，要麼更有可能

分銀郵票中，有五

是來自印刷商的廢紙。”

個這樣的小水珠 ；

我立即購買了所有能買

在叁分銀郵票中也

到的大全張，在檢查這

有五個，但在龍的

些 郵 票 時，我有了一 個

左後爪下面只有一

重要的發現，即這三種

個小水珠，而不是

兩個，另一個水珠 在右後爪附近 ；在

面值的郵票在發行前都 大龍郵票一套：壹分 、叁分 、伍分

有 輕 微 改 動。 換言 之， 我發現由25個電鑄板印

伍分銀郵票中只有四個小水珠。我想提醒大家注意這些小

制的無齒孔郵票顯示出了在任何已發行的有齒孔郵票中都

它們。這三枚不同面值的郵票之間的設計差異毫無疑問地

的後爪之間的圖案底部多了一個小水珠。因此，壹分銀和

沒有的特殊性。這些特點包括在左邊第一個水珠和下面龍

水珠，因為不久後我將在一個相當重要的發現中再次提到

叁分銀郵票各有六個小水珠，而不是通常的五個 ；伍分銀

證明了它們是分別由一個完全獨立的母模逐枚翻制的。

有五個水珠，而不是通常的四個。由於每種面額的25個電 鑄板都有這些多餘的水珠，顯然它們是刻制在原始模具上

當南基韋爾先生首次描述這三枚郵票之間的差異時，他認 為它們是平板印刷的（《月刊》，1907年 6月），儘管我相信

的。我不知道這個多餘的水珠可能有什麼特別的意義，但

他沒過多久就放棄了這一觀點。無論如何，這種說法是完

根據中國人的觀念，它顯然是有誤的，因為這個不規範的

全錯誤的，因為這些郵票無疑是由20或 25個獨立的電鑄版

水珠被仔細地從其他75個電鑄板中移除了。此外，移除時

組成的小印版印刷出來的。這些電鑄版顯然是直接由原始

並沒有破壞電鑄板的版式，我們發現每一個“未發行”的

母模鑄造而成的，並且很可能每種面額不超過 25個。

種類都與定期發行的郵票的第一種版式完全一致。在進行 移除時，印刷的郵票上出現了由短線或圓點組成的偶然變

雖然大多數中國郵票的收藏家都知道郵票有不同版式，但

體，這對指導這些郵票的印版有很大的幫助。

勒 夫 雷 司 先 生（C.L. Harte - Lovelace） 先 生 在1908年

12月19日 發 行 的《 吉 本 斯 郵 票 週 刊 》（Gibbons’Stamp

Weekly）上發表了一篇有趣的文章，首次對印刷的差異進

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The Legend of a Pair of Dragon and Horse Gold and Silver Patterns ◎ Ge Zukang〔Hangzhou〕

『

○

As ancient Chinese legend says: The dragon tops all animals in the sky and the horses on the ground. As for the dragon-horse, it is the legendary steed, which has the advantages of both dragon and horse and is considered to be the spirit of the Yellow River and the embodiment of Chinese descendants. The dragon-horse spirit is therefore used to describe a robust and extraordinary spirit, associated with a strong personality as well as the message of brightness, enthusiasm, exaltation, ascension, fullness, prosperity, and development.

○

The explanation according to the Chinese Idioms Dictionary (《 中 國 成 語 大 詞 典 》): The dragon-horse is an ancient legendary steed shaped like a dragon. It is a metaphor for vigorous spirit. The origin of the dragon-horse spirit is a poem written by Li Ying ( 李郢 ) for Pei Jin Gong ( 裴晉公 ): "Pei Jin Gong devoted himself to his country, and he has the spirit of the dragon and horse.”It says that although Pei Jin Gong has a lot of official duties, he seems at ease when dealing with tough problems or undertaking a heavy workload, and his dragon-horse spirit reminds people of his white-haired, dedicated appearance. Zhang Juzheng ( 張居正 ) of the Ming dynasty said that the dragon-horse spirit has passed through the transitional age. Both describe the dragon-horse spirit.

○ On January 30, 2014, General Secretary Xi Jinping ( 習 近 平 ), on the eve of the Year of the Horse, expressed his hope that the people of the country would continue to carry forward the dragon-horse spirit and continue to strive with one heart and one mind in the Year of the Horse. The dragon-horse spirit is the enterprising and upward national spirit of the Chinese people, which has been revered since ancient times as a spirit of continuous struggle and selfimprovement.

』

Issuance

However, after the patterns were made, the project

In 1991, Fred Weinberg & Co. of the United States

international situations. It was not until 1992 that the

proposed to promote the dragon-horse spirit and

dragon and horse coins developed and underwritten by

applied for the issuance of a set of dragon and horse

Fred Weinberg & Co., was officially issued. The year

gold and silver coins. After the central bank approved

of issue was changed from the original 1991 to 1992,

to issue the coins following the specifications of the

and in order to reduce costs and facilitate sales, the 2oz

2oz dragon and phoenix coins developed by the

gold coin was changed to a 1/4oz gold coin, and the

company, the Shenyang Mint made a trial minting

denomination was changed from 200 yuan to 25 yuan.

was put on hold due to the changes in domestic and

The Shenyang Mint Illustrations: 1896-1996 (《瀋陽造

of 1991 2oz dragon and horse gold and silver coins.

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1991 2oz $200 Dragon and Horse Gold Pattern Coin NGC PF69, Ultra-High Relief

1991 2oz $20 Dragon and Horse Silver Pattern Coin NGC PF69, Ultra-High Relief

幣 廠 圖 志 ：1896-1996》, 1896-1996, China Financial

The American dealer Robert Mish and I witnessed

Publishing House 1996.2) has the drawing of the die of

this pair of patterns being handed over in early 2017.

the 2oz dragon and horse gold coin on p.250-251.

With a clear pedigree, the price of this only existing pair of 1991 2oz dragon and horse gold and silver

This change is indeed a pit y for developers and

patterns is enough to prove their preciousness.

col le c t or s i n g e ne r a l , but a s t he s ay i n g g o e s ,

The Unique Pair of Patterns

"misfortune may be a blessing in disguise", and it is this pity that created the unprecedented legend of the 1991

Patterns can be divided into patterns submitted for

2oz dragon and horse patterns.

approval, trial coins, and standard reference coins

Clear Pedigree

according to their function. They can be divided into

This pair of 1991 2oz dragon and horse gold and

according to their issuance status. Although the rarity

silver patterns have only been auctioned twice so far.

of patterns is determined by their existing examples,

The first time was in 2007, more than ten years after

the different functions and significance of patterns can

the minting, by the well-known American modern

have a great impact on their values.

patterns of unissued coins and patterns of issued coins

Chinese coin dealer Robert Mish, at the Hong Kong International Coin Show (HKCS), in a special sealed-

Among all types of patterns, the patterns of unissued

bid auction.. The coin was f inally purchased for a

coi n s subm it t ed for approva l h ave t he h i g he st

Chinese-American collector's pattern coin collection

signif icance and va lue. Understanding why they

for over 700,000 RMB.

were not adopted and issued is of great historical and heritage value in modern minting history. The 2oz

The second time is the same pair of 1991 dragon and

dragon and horse patterns are of such kind.

horse gold and silver patterns were f iercely fought over by several domestic and foreign coin collectors

Since the 1991 2oz dragon and horse pattern is so rare,

online in early 2017. They were finally acquired by

with no actual patterns or even photos of the second

a domestic coin collector for over 13 million RMB!

pair being seen in 20 years by most numismatists, it is

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self-evident that this pair of dragon and horse patterns

horse gold pattern is as much as three times the size of

is of great rarity.

the officially released coin in 1992. Whether in terms of visual effect or artistic expression, the 2oz dragon

According to the general pattern production process

and horse gold pattern in 1992 is irreplaceable.

of China at that time, four sets were supposed to

Perfect Condition

have been produced. However, there is no actual information or reported review information to support that there is more production of this set of patterns

This pair of 1991 2oz dragon and horse gold and

than the above pair that have been found.

silver patterns have been graded and authenticated

by NGC® (Numismatic Guaranty Corporation™),

According to the comprehensive judgment of all the

an internationally recognized, professional, and large

information currently available, this pair of 1991

international third-part y coin, token, and medal

dragon and horse patterns is unique in the real sense.

grading service, as PATTERN NGC PF69 Grade,

Its cultural value, collecting value, and economic value

which means it is in perfect condition.

should be at the pinnacle of Chinese contemporary gold and silver coins. It meets the R-9 rarity level of the R marking method of the international numismatic grading standard, that is, there is only one.

Irreplaceability The difference between the 1991 2oz dragon and horse gold pattern and the coin officially issued in 1992 is not only the difference in the reign title but also the huge change in the size. The weight of the official gold coin was reduced to 1/4 ounce in 1992 and 22 mm in diameter instead of 40 mm. The 1991 dragon and

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一對龍馬金銀樣幣的傳奇 ◎ 葛祖康〔杭州〕

『

○ 中國古代傳說：行天者莫若龍，行地者莫若馬。龍馬則是指傳說中的駿馬，兼具龍與馬的優點， 被認為是黃河的精靈、炎黃子孫的化身。龍馬精神因此被用於形容健旺非凡的精神，與剛健、明亮、 熱烈、高昂、升騰、飽滿、昌盛、發達相關。 ○ 按《中國成語大詞典》解釋：古代傳說中形狀像龍的駿馬。比喻人精神旺盛。龍馬精神的出處： 唐·李郢《上裴晉公》詩首句： “四朝憂國鬢如絲，龍馬精神海鶴姿。 ”明代張居正《答陳節推書》 云： “年涉期頤，而龍馬精神，有於踰壯。 ”都是在描述龍馬精神。 ○ 2014年1月30日習近平總書記在馬年前夕向全國各族人民和全球華人拜年時表示，希望全國人 民在馬年裏能夠繼續弘揚馳而不息的龍馬精神，繼續同心同德奮鬥。龍馬精神是中華民族自古以 來所崇尚的奮鬥不止、自強不息的進取、向上的民族精神。

』

一 發行歷史

二 傳承有序

1991年 美國弗雷德 · 溫伯格 錢幣 公司 (Fred Weinberg &

這對1991年2盎司龍馬金銀樣幣，迄今為止，全部成交記錄

Co.) 提出弘揚龍馬精神，申請發行一套“龍馬精神”金銀

僅有2次 ：第一次是在鑄成樣幣十多年後的2007年，由美國

規格，瀋陽造幣廠試鑄了1991年龍馬精神2盎司金銀樣幣。

在香港國際錢幣展上，以一種特殊的“密封遞價拍賣”方

幣。經央行批准沿襲該公司開發的龍鳳呈祥2盎司金銀幣的

著名中國現代錢幣經銷商羅伯特 · 米什先生（Robert Mish）

誰知待樣幣做出後，卻因國內外局勢的變動，使得此 項目

式拍賣。最終被美籍華人收藏家以70多萬元人民幣收入他

處於擱置狀態。到了1992年，由美國弗雷德 · 溫伯格錢幣

的樣幣百寶箱。

銀幣才得以正式發行。發行年份由原本的1991年改為1992

第二次同樣是這對1991年的龍馬金銀樣幣，在 2017年初由

公司 (Fred Weinberg & Co.) 開 發 和 承 銷 的 龍 馬 精 神 金

年，為了降低成本便於銷售，2盎司金幣改成了1/4 盎司金幣，

國內外數位錢幣收藏家在網路上激烈競爭，最終有幸被國

《瀋陽造幣廠圖志》(1896-1996) 面值由200元改成 25元。

內錢幣收藏家以1 300多萬元人民幣獲得！2017年初在我

（中國金融出版社1996.2）P250-251就有2盎司龍馬金幣的

和美國著名經銷商羅伯特 · 米什先生親自見證下，在收藏

模具圖。

家之間交割易手，傳承脈絡清晰，實在難能可貴。這一對

這種變化對於開發商和一般集藏者來說確實是一種遺憾 ,

對龍馬金銀樣幣的珍貴程度。

唯一面世的1991年2盎司龍馬金銀樣幣，其價格足以證明這

但正所謂“禍兮福之所倚”, 正是這種遺憾恰恰造就了當年

那對1991年的2盎司龍馬金銀樣幣前所未有的傳奇！

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1991 年 2 盎司 200 元龍馬金樣幣， PF 69， 超浮雕

1991 年 2 盎司 20 元龍馬銀樣幣 ，PF 69， 超浮雕

三 世間孤品樣幣

四 不可替代性

樣幣根 據功 能可以分為送審樣幣、試製幣、標準對照幣。

1991年2盎司龍馬金樣幣與1992年正式發行幣的區別，並

稀程度是由它們的存世量所決定的，但是樣幣功能不同，

1992年正式發行幣重量縮減為1/4 盎司，直徑由原來的40

根據發行情況可以分為未發行幣和發行幣。雖然樣幣的珍

不僅僅是年號的差異，更重要的是規格尺寸的變化明顯。

毫 米 變為22毫 米。1991年龍 馬金樣幣幣面大小是1992年

意義不同，對它們各自的價值也會有很大影響。

正式發行幣的2倍，無論 從視覺 效 果 還是 藝 術表 現 力上，

在所有的樣幣品種中，未發行的送審樣幣具有重要意義，價

1991年2盎司龍馬金樣幣具有不可替代性的觀賞性。

有极其重要的歷史和文物價值。而2盎司龍馬金銀樣幣就是

五 完美品相

值也最高。弄清楚它們為何沒被採用和發行在現代造幣史上 這樣一種具有重要歷史和文物價值的未發行的送審樣幣。

1991年2盎 司 龍 馬 金 銀 樣 幣 經 過 國 際 上 認可的， 專 業 的

由於1991年的2盎司龍馬金銀樣幣如此稀少，20 年來至今

國 際 大 型 第 三 方 硬 幣、 代 幣 和 獎 章 評 級 服 務 機 構 美 國

未見有第二對出現，大多數錢幣愛好者不要說未見到過實

國 際 錢 幣 評 級 公 司 NGC® (Numismatic Guaranty

物，甚至連實物的照片都沒見過，這也說明了這對 2盎司龍

Corporation™) 公 司 評 級 鑒 定， 為 樣 幣 (PATTERN) NGC PF69級 ：完美品相。

馬金銀樣幣的珍稀程度。

按照當時國家生產樣幣的一般習慣，是應該生產4套。但是 目前沒有任何實際資料和上報審查資料能夠支持該套金銀 幣實際生產量大於已經發現的這一對罕見的樣幣。

按照目前所有掌握的信息綜合判斷，目前這對1991年龍馬

金銀樣幣是現實意義上的孤品。其文化價值，收藏價值和

經濟價值應是中國當代金銀幣之巔峰，沒有之一。符合國 際錢幣品級標準的 R 標識法（RARE ，稀有）的 R-9 稀 有度9級 ：僅存1枚。

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Originally published on Coin World 1962

China's Attempts At Coinage From Gold Never Succeeded ◎ Edward Kann〔USA〕

Grouping of China’s gold coinage concludes Edward Kann's discussion of that nation's gold issues. Part I appeared in the March 30 Gold edition of Coin World on page 22, accompanied by Specialist Kann's biography.

The Los Angeles man, author of Illustrated Catalog of Chinese Coins , is considered one of the world's foremost authorities on Chinese coinage and currency. The International Banknote Society's Magazine, March, 1962, carries an important feature by Kann.

The Illustrated Catalogue of Chinese Coins which accompany Part II of his discussion are from his 476-page volume which also contains 224 pages of plates.

Kann's discussion continues......

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The Grouping of China's Gold Coinage The succeeding table shows the

Head of Yuan Shi-kai in profile

within a limited province and for a

raison d'etre of the creation of gold

reverse, winged dragon moving

comparatively short space of time.

coins in and for China in the absence

horizontally from right to left. In

These remarks refer principally to

of an effective gold standard:

foreclaw it grasps a bundle of arrows.

Yunnan Province, where, in 1917,

Legend translated means the Empire

some gold coins, with legends on

(a)

of China, below, characters signifying

the obverse only, made their limited

the Beginning (of the) Hung Hsien

appearance; these were produced for

Sinkiang and Tibetan gold pieces

(regime), preceded by 10 and

the payment of troops.

Beginning with 1873 and terminating

followed by (Yuan).

with 1877, the far-distant province

Similar creations are ascribed to

of Sinkiang coined 1-tilla gold

O n e d o l l a r S u n Yat S e n co i n

another set, also of 10 and 5 dollars

coins, inscribed entirely in Turki and

Obverse, Sun Yat-sen's effigy in

value, but hailing from 1925; catalog

displaying the then ruling sultan of

profile to the left; reverse. in center in

numbers of these two ration sets are

Turkey's name. See Catalog No.

Chinese, denomination, surrounded

K1520 and K1521; and K1528 and

K1488-K1500.

by English inscription;

K1529. The engravings on the dies are rather primitive, inviting forgeries.

Later on (1906/07) Sinkiang turned

In 1919, when silver prices went

out modern gold coins, denominated

sky-high, the Chinese authorities

1914 one dollar Yuan-Shih-Kai

1 and 2 mace, both showing the

projected once again to start a gold-

Re p u b l i ca n go l d co i n , d ate d

imperial dragon.(K1505-K1508).

standard system and struck a $20

third year Obverse, Yuan-Shih-

China's dependency, Tibet, struck

and $10 new gold coin, (dated 8th

Kai's profile to the left. Above date in

only one gold piece of 20 srangs,

Year.i.e. 1919), though Yuan Shi-kai

Chinese. Over shoulder in diminutive

through with at least 4 dates,

had died already in 1916.

letters: L. Giorgi; reverse, a large open wreath of barley enclosing

viz.1917-1930(K1586-K1589).

As China lacked the means to start

(b)

a gold standard system, these coins began and ended their career

Te n d o l l a rs Yu n n a n Ta n g C h i

Another class of Chinese gold coins

in the collections of numismatics

Yao gold coin (1919) top, with $5

is to be found in a group which was

(K1530-K1531). In 1949, when

denomination, bottom in red gold.

created with the plant to circulate

galloping inflation reared its ugly head,

O b v e r s e i s G o v e r n o r Ta n g C h i

them, an intention which failed to

the Nationalist Government minted by

Yao's head in half profile to the left.

materialize. The first such specimens

way of essay a $20 gold coin(K1538);

Above, in half circle, is legend, "Tang,

were the gold pieces known as

and also another trial piece (K1539)

governor-general of the Military

1 Kuping tael of 1906 and 1907

showing a denomination of 2 mace 5

Government. "The reverse has

(K1540-k1541). Another category is to

fen in gold (K1539) which also failed

two crossed republican flags within

be found in the coining of Shantung

to get into orbit.

an inner beaded circle with five-

Province's 20 and 10 dollars(1926),

pointed stars between the two flag-

which never was enabled to appear in

poles. The legend reads: Gold coin

(c)

circulation.(K1535-K1536).

commemorating the defense of the

Gold pieces which did circulate in

$10 Hung Hsien gold coin(1916)

70

denomination.

China, but merely regionally, i.e.

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The obverse showed the effigy of

Near border parallel linear, pearled

current silver pieces. These came

Governor Tang Chi-yao, while the

and linear, pearled and linear rings; a

as souvenir pieces for presentation

reverse displayed two crossed

dot in center circle.

purposes and strictly speaking-were

republican flags (K1523-K1527).

neither eligible for circulation, nor did

When silver fell in the world's markets

One dollar Hsu Shi Change gold

they represent fixed values. However,

(1921), it became profitable to melt

coin dated in Chinese, ninth moon

they did denote beautiful mint work.

the gold coins down. This event

of the 10th year of the republic

marked the exit for Yunnan's gold

of China(1921) Obverse, bust of

One k'uping tael gold coin dated

circulation.

president Hsu Shih Chang in civilian

in Chinese 1906 Obverse: Within

dress without hat. Reverse, in center

inner beaded ring: Ta Ching gold coin;

Top, 20 dollars, Yuan-Shih-Kai

pavilion; above date in Chinese;

in outer circle above: Made (during)

gold coin(1919) Obverse, Yuan-

below in Chinese, commemorative

the Kuang Hsu (regime) in Year of

Shih-Kai's portrait in profile to the left,

coin.

Ping Wo (1906).Right and left six-

surrounded by a circular ornamented

point rosettes. In lower outer ring

frame near outer edge. In the center

Twenty dollars Shantung gold

signifying: K'uping (weight) one tael.

the denomination. Denominational

coin (1926) dated 15 th year of

Reverse, entire field occupied by a

inscription enclosed in an open

Republic Obverse, within a circle

dragon surrounded by clouds. Near

wreath of grain and topped by the

formed of short lines is seen the

outer edge three linear rings. Bottom,

semi-circular legend signifying made

denomination; same is enclosed

same as above, with date, 1907 in

in the eighth year of the Chinese

in an open wreath. Above is date

Chinese.

republic. Bottom is same type with

in Chinese. Right and left rosettes

smaller denominations.

composed of an 8-petaled flower. In

Into this group is also to be fitted in

lower outer ring: Shantung Province

the Hung Hsien gold coins, which

One-dollar Chang Tso Lin 1928

gold coin. Reverse, phoenix and

were prematurely prepared for the

(dated 17th year) Obverse, Chang

dragon emblem. Bottom, same type

self-elevation of President Yuan

Tso-Lin in civilian garb; above six

in smaller dimensions; dimension,

Shih-kai to the dignity of emperor,

Chinese characters; reverse, two

$10.

a scheme that failed to become

crossed flags. Above date in Chinese.

reality. I refer to the 10 and 5 dollar

Large head of Kuang Hsu in profile

denominations with the horizontal

Srangs Tiberan gold coin (dated in

to left; reverse, arabesques on

dragon (K1515 and K1518 of 1916).

Obverse, in center

this one-rupee Szechuen, about

Tibetan 1918)

a stylized running lion encompassed

Manchurian gold disks not meant

1903

in a linear ring. Within the latter the

for ci rcul ati on, but as cur r ency

date in Tiberan: Rab Byung 15 lo

Toward the end of World War I,

reserves for the notes of the Bank of

52;in outer circle the 8 luck Buddhist

namely in 1919 Yunnan province

Manchuria.

symbols. Near rim a linear, a pearled,

coined 900,000 gold coins at 10

and another linear circle; reverse,

dollars and a lesser number of five

One -dollar (1923) Tsao Kung

within a linear ring a stylized flower,

dollars in the yellow metal, because

commemorative gold coin

appearing somewhat like an open

silver then was unobtainable in

undated. Two types of obverse,

umbrella; then follows a Tibetan

exchange for Yunnan's large exports

one in civilian dress one in military

circular legend：Dgar Ldan Pho

of tin.

uniform. Reverse on top coin bears two crossed flags.

Drang Phyod Las Rnam Rgyal; Tam. Srang. The first portion stands for

(d)

the Tibetan government; the last two words signify 20 standard srangs.

)Gold coins struck from dies of J

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原刊載於 1962 年《錢幣世界》

中國用黃金鑄幣的嘗試從未成功過 ◎ 耿愛德〔美國〕

中國黃金鑄幣的研究者總結了已故近代機製幣大師耿愛德 對中國黃金問題的討論。第一部分發表在 3 月 30 日《錢 幣世界》（Coin World）第 22 頁的金幣版面上，並附有 耿愛德的傳記。 耿愛德移居美國後曾在洛杉磯市郊之羅亞拉大學授課三個 學期，至過世之時均住在好萊塢。他是《中國幣圖說匯考》 （Illustrated Catalogue of Chinese Coins）的作者， 被認為是世界上早期最重要的研究中國錢幣和貨幣的權威 學者之一。1962 年 3 月，國際紙幣協會出版的雜誌刊登了 耿愛德的一篇重要的專欄文章。 在他討論的第二部分裏，能看到他所附上的《中國錢幣圖 錄》第 476 頁的內容，其中還包括第 224 頁的插圖。 耿愛德的討論繼續進行 ......

中國金幣的分類

下表顯示了在沒有有效的金本位制度

年鑄造發行了西藏唯一的一枚金幣，

的情況下，為何要在中國鑄造金幣，

見目錄號 K1586-K1589。

壹圓孫中山紀念幣 正面：左側是孫中

以及為何要為中國鑄造金幣。

(二)

(一)

山的肖像；背面：中間是中文面額， 周圍是英文銘文。

第二類金幣源自計劃發行的系列幣， 從 1873 年 開

但 其 中 的 金 幣 並 未 成 功 發 行。 如

1919 年，當銀價高漲時，中國政府再

始， 到 1877 年 結 束， 地 處 偏 遠 的 新

1906 年和 1907 年大清金幣庫平一兩

次計劃開始實行金本位制，並鑄造了

疆 鑄 造 了 1 普 拉 金 幣， 上 面 題 刻 的

（K1540-k1541）。還有 1926 年山東

帶有袁世凱頭像的 20 元和 10 元的新

全部文字皆為突厥語，並刻有當時新

省造的 20 元和 10 元金幣，這種幣從

金幣，儘管袁世凱已於 1916 年去世。

疆 統 治 者 蘇 丹 的 名 字。 見 目 錄 號：

未投入流通（K1535-K1536）。

新疆和西藏的金幣

K1488-K1500。

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及面額拾圓。

由於中國缺乏啟動金本位制的手段，

1916 年袁世凱像洪憲紀元拾圓金幣

1949 年，當急劇的通貨膨脹抬頭時，

後 來（1906/07 年）， 新 疆 又 發 行 了

背面是飛龍威武靈動。它的前爪抓一

國 民 政 府 鑄 造 了 一 枚 20 元 的 金 幣

幣值 1 錢和 2 錢的現代金幣，兩種幣

束箭。上幣面刻中華帝國四字，下幣

（K1538）；還有另一枚面額為 2 錢

上 都 有 龍 圖（K1505-K1508）。1918

面的漢字表示洪憲（政權）的開始，

5 分（K1539）的樣幣，但也未能成功

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地在整個中國流通。

(三)

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緣的地方有一個圓形的裝飾框。在背

的金幣和數量較少的伍元的金幣，因

面嘉禾圖案中間題刻面額貳拾元，上

為當時無法獲得白銀以換取雲南大量

刻“中華民國八年造”。

出口的錫。

(四)

還有一些金幣確實在中國流通過，但

1928 年（民國十七年）張作霖像壹元

只是區域性的流通，即在有限的省份

金幣 正面是張作霖像，上面有六個漢

內和相對較短的時間內流通。前面說

字；背面還有兩面交叉的旗幟。上面

這一類金幣是用現有銀幣的模具鑄造

的這些話主要指的是雲南省金幣，在

有民國十七年的中文字樣。

的。這些金幣是作為紀念品來贈送的，

1917 年，一些只在正面有圖樣的金幣

嚴格來說，既沒有資格流通，也不代

在有限的時間內流通；這些金幣都是

（1918 年）西藏獅圖金幣貳拾圓 正

表固定價值。然而，它們確實是一些

為了支付部隊的費用而製作的。

面中間是一頭奔跑的獅子的造型，這

精美的鑄幣作品。

頭獅子在一個圓環內奔跑。幣上有用 還有一套類似的錢幣，也是價值 10 元

藏語寫的年份。在外圈是 8 個代表吉

光緒丙午年造大清金幣庫平一兩 正面

和 5 元 面 額 的 幣， 但 來 自 1925 年；

祥的佛教符號。近邊緣處有一條直線、

內珠圈內寫著大清金幣；在上面的外

這 兩 套 錢 幣 的 目 錄 號 是 K1520 和

幾粒珍珠和另一個圓；背面，在一個

圈上寫著光緒丙午年造（1906 年）。

K1521；以及 K1528 和 K1529。模具

圓圈內有一朵風格迥異的花，看起來

寫著光緒丙午年造的這一面的左右兩

上的雕刻相當原始，容易造出贗品。

有點像一把打開的傘；然後是用藏語

邊各自雕刻著六個點拼成的花。在外

寫的一個藏族傳奇故事。第一部分代

環的下部上寫著：庫平一兩。背面鑄

民國三年（1914 年）袁世凱像壹圓金

表西藏政府；上面有珍珠型的圓點和

有正面五爪金蟠龍一條，祥瑞雲朵圍

幣 幣的正面是袁世凱的側面像。幣的

直線；珠聯璧合，中心圓環上還有一

繞周圍，外側為細線條，內側有一聯

上面有用中文寫的“民國三年”。在

個點。

珠紋圈。

Giorgi；看幣的背面能看到嘉禾包圍著

民國十年（1921 年）九月徐世昌壹元

洪憲金幣 也屬於這一類，袁世凱復辟

幣上寫的壹圓二字。

金幣 正面是總統徐世昌的半身像，他

帝制實則歷史的倒退，在位稱帝僅僅

身穿便服，沒有戴帽子。幣的背面的

83 天，這在中國歷史上顯得極其短暫，

1919 年雲南省造唐繼堯像伍圓金幣

中間是亭子圖像，上面是中文日期；

1916 年袁世凱像中華帝國洪憲紀元飛

金質黃中偏紅。正面是唐繼堯的頭像，

下面是這枚紀念幣名稱的中文字樣。

龍拾圓金幣及伍圓金幣正是袁世凱復

肩頭用小字寫上了雕刻師的名字：L.

半側面向左。上面寫著“軍務院撫軍

辟稱帝倒行逆施這一特殊歷史事件的

長唐。”背面是兩面交叉的旗幟，兩

民國十五年（1926 年）山東省金幣貳

重要見證者，因為王朝非常短暫，所

根旗杆之間有五角星，幣的內部有一

拾圓 正面，在一條條短線組成的圓圈

以當時的鑄造量有限，加之在流傳過

圈圓珠，邊上題刻擁護共和紀念金幣

內，可以看到幣的面額；幣的面額被

程中的遺失和損毀，因此導致了這兩

當銀幣伍圓 / 拾圓。

包圍在一個開放的花環中。面額的上

枚錢幣的尊貴價值所在！我指的是拾

方是用中文雕刻的幣的鑄造日期，左

元和伍元面額的袁世凱飛龍金幣。

1919 年雲南省造唐繼堯像金幣 正面

邊與右邊的花飾分別是由八瓣花做成

是唐繼堯的肖像，背面是兩面交叉的

的。在外環的下層上，刻有山東省金

東三省鑄造的金幣 不是用來流通的，

旗 幟（K1523-K1527）。 當 白 銀 的 價

幣的中文字樣。背面，龍鳳相間。

而是作為滿洲銀行紙幣的貨幣儲備。

將金幣熔化變得有利可圖。這一事件

1903 年光緒帝側面像四川省造西藏金

曹錕紀念金幣壹元（1923 年） 未注

標誌著雲南黃金退出流通。

盧比

明具體的製作日期。又分兩個版式，

格在全球市場上下跌時（1921 年），

一種是文裝（又稱文曹），一種是戎

1919 年貳拾圓袁世凱像金幣 正面是

在 第 一 次 世 界 大 戰 即 將 結 束 時， 即

裝（又稱武曹）。幣的背面刻有兩面

袁世凱的左側側面肖像，靠近錢幣外

1919 年，雲南省鑄造了 90 萬枚拾元

交叉的旗幟。

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Research on the transcripts of Illustrated Catalog of Sinkiang from the Arthur Coole Collection (Also on Arthur Coole's Life and his Numismatics Studies) ◎ Cheng Bin〔Urumqi〕

Abstract: Abstract: The excavation of historical documents is of great value to the study of

coin collecting, and can be used by the numismatic and academic community to solve numismatic puzzles. In the process of compiling a compendium of Arthur Coole's academic works, the author has conducted textual research on the transcripts of Illustrated Catalog of Sinkiang (《新疆圖志 》) in the collection of Arthur Coole. The author believes the transcript of Illustrated Catalog of Sinkiang was extracted from the re-edited and supplemented version of Illustrated Catalog of Sinkiang published by the Oriental Society in 1923. The content of the transcript was from Illustrated Catalog of Sinkiang Volume 35, the "Food – Currency - Gold Coin" section. Judging from the size of Arthur Coole's collection of books, the time when he collected this group of files is consistent with his 1963 collection list, but the order of the collection is different. This transcript is perhaps a "data card" made by Arthur Coole for the compilation of A Bibliography on Far Eastern Numismatics and an Union Index of the Currency, Charms, and Amulets of the Far East (《 遠東錢幣和硬幣研究的參考書目 》, also known as Encyclopedia of Chinese Coins Volume 1 《 中國古今泉幣辭典 》 ). The author believes that the study of the transcripts of Illustrated Catalog of Sinkiang from Arthur Coole's collection will help reveal the regularity of the formation and development of Arthur Coole's numismatic book collection.

Keywords: Numismatics , Philology , Sinkiang gold coins , Illustrated Catalog of Sinkiang, Arthur

Cooler B's old collection , NC collection, bookplate, heraldry

The re-appearance of The transcript of "Sinkiang gold coins"

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On November 12, 2020, the Official WeChat Account of

錢 幣 收 藏 》) and other books which were subsequently

Champion Auction released an article titled The Advance

published.

Notice of the 21st Issue of the Journal of East Asian

The three pieces of designer's manuscripts of 1911 silver

Numismatics (JEAN) : Unique Set of Artist's Sketches

coins introduced by Bruce Smith in his article is believed

for a Proposed Chinese Coin , this article announced

to have been made by Louis George (L. Giorgi). Bruce

that "the JEAN will publish an article written by Bruce

Smith made two speculations about the connection

Smith, and introduce a set of documents from the Arthur

between "the textual description on Sinkiang gold coins"

Coole Collection, including three parts of the L. Giorgi's

and the "three pieces of designer's manuscripts of 1911

manuscripts of the 1911 Empire series and a textual

silver coins": "Maybe these designs were originally used

description on Sinkiang gold coins."

for Sinkiang gold coins, but it is also possible that the

The description on Sinkiang gold coins aroused great

textual description on Sinkiang gold coins was not for

interest of the author, especially the suspenseful sentence

these manuscripts." Judging from the existing Sinkiang

at the end of the article which is full of expectations.

gold coins, the three pieces of designer's manuscripts

So what is going on with the text of Sinkiang gold coins

were obviously not used for Sinkiang gold coins, and the

mentioned above in this set of documents?

pattern of Sinkiang gold coins should be determined in 1907, when the Sinkiang One Mace Gold and Two Mace

When the articled was published, this author was writing

Gold were minted. In addition, Champion found a pattern

a paper titled Rare Gold Coins in the Late Qing Dynasty:

that the design in this set of designer's manuscripts

A Research on the 1907 Sinkiang Gold Coins—also on

matched the real 1911 silver coins.

the Anecdotes of Historical Coinage (《 晚清金幣大珍 ：中

In May 2021, these three L. Giorgi's manuscripts became

國新疆餉金金幣品種考辨⸺ 兼論中國近代機制幣史料的輯 1

佚 與 辯 偽 》). During the writing process, Michael Chou,

auction items of the 2021 Champion Macau Auction (Lot

President of Champion Auction, provided the author with a

No. 22). The lot was named as a 'Unique Set of Artist's

picture of the "textual description on Sinkiang Gold Coins"

Sketches for a Proposed Chinese Coin'3 with an estimated

from the collection of Arthur Coole. Based on the picture

price of USD 300,000-600,000. Then, a dramatic event

and combined with the original research, the author found

occurred on May 28, 2021, the day before the auction.

that the content of this "textual description on Sinkiang

Champion Auction released updated information, stating

gold coins" was actually an excerpt from the "Gold Coins"

that "Lot 022 A Unique Set of Artist's Sketches for a

part of Illustrated Catalog of Sinkiang , so I started to study

Proposed Chinese Coin" would be withdrawn. According

this version of this transcript.

to a source the reason for the withdrawal is that this set of manuscripts would be exhibited in a museum in Shanghai

On April 30, 2021, Unique Set of Artist's Sketches for a

in the near future.

Proposed Chinese Coin (《獨一無二的整套擬發行中國幣設 計師手稿》) written by Bruce Smith was published in the

While usual coin auction items are mainly real coins, the

2

22nd issue of the Journal of East Asian Numismatics. The

designer's manuscripts and coin files are rare numismatic

article was also included in the 2021 Champion Macau

documents whose academic and collecting value is even

Auction Catalogue and A Legacy of Collection: The NC

harder to estimate.

Collection of Chinese Coins (《 收藏傳奇⸺ 張南琛中國

1 Cheng Bin：Rare Gold Coins in the Late Qing Dynasty: A Research on the 1907 Sinkiang Gold Coins-also on the anecdotes of historical coinage ，the Journal of East Asian Numismatics Issue 23, July 2021. The article described the Qing government's reflection and reconstruction of monetary policy in the late Qing Dynasty, and the dispute over whether to implement the gold standard or the silver standard currency system has lasted for several years. In the meantime, as a supporter of the gold standard, Wang Shuzhan, the governor of Sinkiang, and others presided over the casting of the country's only official gold coin for circulation in 1907. Illustrated Catalog of Sinkiang Volume 35, Food, Currency, Gold Coin is one of the most important documents and historical materials related to the gold coins. Therefore, the author discovered the connection between it and the transcript of Illustrated Catalog of Sinkiang collected by Arthur Cooler B. 2 A Unique Set of Designer's Manuscripts for to-be-issued Chinese Coins by Bruce Smith, the Journal of East Asian Numismatics Issue 22, April 2021, Simplified Chinese version, p. 37-40, Chinese and English version p70-77.

3 "A unique set of three designer's manuscripts of 1911 One Dollar silver coin" (Lot No. 022)", 2021 Champion Macau Auction Catalog , p. 58-59. In this "Champion Auction" catalog, Bruce Smith's article and the lot description form an orderly connection with the other 4 short essays. The "Championship Auction" catalogue contains both the catalogue of the auction lot and related research articles, which helps bidders and readers to quickly and easily grasp the background knowledge and culture of the lot.

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Arthur Coole's Life and Writings Regarding the basic information of Arthur Coole's life and writings, Xu Tingxian ( 許 廷 憲 ), Hu Youwen ( 胡 幼 文 ) 4, Sun Hao ( 孫浩 ), Michael Chou ( 周邁可 ) and other coin researchers have briefly described it. On this basis, the author refers to relevant Chinese and English materials5 to make necessary supplements6.

Arthur Braddan Coole, 1900-1978, was assigned to China to educate missionaries by the Methodist Episcopal Mission (M. E. M). He was a well-known Chinese coin collector in the 20th century, who was called "Coole Jr." (image 1) by the numismatic community. His father was called "Coole Sr." (Dr. Thomas H Coole, 1868-1930).

The life of old Coole can be understood from the old Coole's Obituary 7 published on June 10, 1930 in The

Image 1 Arthur Coole （Coins in China’s History 《中國歷代五金貨幣》 ( ), p. 399）

8

North-China Daily News The North-China Herald and Supreme Court & Consular Gazette 9 and The China Press 10 (photo 2).

Image 2 Old Coole’s Obituary (The North China Daily News, June 10, 1930, p. 14)

In 1900, Ar thur Coole Jr. was born in Birmingham,

Both the Coole father and son have Chinese names.

Kansas, USA.

The Chinese name of Coole Sr. was Qiu Yongkang ( 邱

In 1906, he went to Kutien, Fukien, China with his father,

永 康 ), perhaps it was chosen as the Chinese surname

Coole Sr., and mother, Cora.

Qiu is similar in pronunciation to "Coole". During his stay in China, Coole Sr. was keen to collect ancient Chinese

In 1917, he entered Northwestern University in the United

coins. He returned to the United States shortly before

States and enlisted in the army a year later. After the First

his death and donated all the ancient Chinese coins he

World War, he completed his studies at Baker University

had collected to his alma mater, Baker University, which

in Baldwin, Kansas, and then studied for a Master of Arts

has preserved the collection to this day. Unlike his father,

(MA) at the University of Denver in 1922. In the same

Coole Jr. was not only keen on collecting Chinese coins,

year, he married Ella Frances Endres.

but also paid attention to research, exchanges, and

In 1924, In 1924, after a year of teaching in Oklahoma,

writing. Arthur Coole collected a huge number of Chinese

Arthur Coole and his wife went to China. After studying at

coins and coinage books. He claimed to be second to

Peking Union Language School ( 北京協和語言學校 ), they

none overseas. At the same time, his writings are also

entered a university in China.

an important resource for English readers to understand Chinese coins. Arthur Coole's coin collecting experience

In 1925, Arthur Coole participated in Sun Yat-sen's

is now compiled as follows.

memorial ser vice at Peking Union Medical College Hospital, and was later assigned to teach at Tientsin Hui

4 Xu Tingxian and Hu Youwen: Several Foreign Numismatists Influential in Chinese Numismatics Studies , China Numismatics , 1988, Issue. 3, p. 75.

5 Special Collections and University Archives, University of Oregon Libraries From the guide to the Arthur and Ella Coole papers(1908-1974) .

6 The North China Desk Hong List published Arthur Cooler B's employment in institutions such as the Methodist Episcopal Mission and Hui Wen Academy in the 1930s and 1940s.

7 OBITUARY: Rev. Thomas H. Coole, M. D. , the full text reads as follows: Word has been received by cable of the death of the Rev. Thomas H. Coole, M.D., in Kansas City. Dr. Coole was a missionary of the Methodist Episcopal Church in Fukien. He came to China in 1906 and for many years was in charge of the hospital at Kutien, Fu. More recently he has been in Foochow, connected with the development of union medical work in that city. Ill Health necessitated his return to the United States in early April. Dr. Coole was born in the Isle of Man about sixty-two years ago. He attended college in Kansa (Baldwin University) and took his medical work in Chicago. Before coming to China he preached in Oak Park. The deceased is survived by his wife, Cora Sheppard Coole, and by three children, Arthur B. of the Tientsin (now in Denver, Colo.), Douglas P. of Sitiawan, Malaya, and Mona (Mrs. Leland Mann) of Tokyo, Japan.

8 OBITUARY:Rev. Thomas H. Coole, M. D. ,The North-China Daily News , Jun 10, 1930, p.14.

9 OBITUARY:Rev. Thomas H. Coole, M. D. ,The North-China Herald and Supreme Court & Consular Gazette. Jun 10, 1930, p.13.

10 OBITUARY:Rev. Thomas H. Coole, M. D. ,The China Press. Jun 10, 1930, p. 4.

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Wen Academy ( 匯文中學 ).

FEATURES

Denver, Colorado to live. Arthur Coole devoted his time to the study of numismatics and wrote several articles and

In 1936, Arthur Coole's Coins in China's History was

books on Chinese coins. Since that time, he was regarded

published in Tientsin. The first edition of 500 copies sold

as an authority in the field.

out, and the next edition was updated and reprinted the following year.

In 1967, Arthur Cooler published the first volume of

Encyclopedia of Chinese Coins 13 in Denver. From 1972

In 1937, Arthur Coole and his wife returned to the United

to 1981, Arthur Cooler cooperated with Quarterman

States. He began to pursue a doctorate in political

Publications Inc. in Massachusetts and published the

science at Northwestern University in the United States.

second to seventh volumes of the series14.

However, he did not finish his studies because in 1938,

In 1976, Arthur Cooler's autobiography was published15.

he was asked to return to China urgently to resume the administrative work of the Beijing Methodist Church.

Arthur Cooler died in Denver, Colorado in 1978 at the

In 1940, Ar thur Coole's A Catalog on Far Eastern

age of 78. After his death, all his Chinese numismatic

Numismatics and an Union Index of the Currency (《 遠

materials were donated to the American Numismatic

11

東 泉 譜 考 》) was published , and Ding Fubao's ( 丁 福

A ssoc iation (A N A). C olorado Spr ings, where the

12

保 ) inscription "masterpiece of ancient ccoin book" was

association's headquarters are located, established an

published in the book. That year, Arthur Coole's wife

Oriental Library named after Arthur Cooler and opened it

and adopted daughter Mona Joan returned to the United

to the public16.

States, and Arthur Coole returned to the United States the

Currently, the manuscripts of Arthur Coole kept in the

following year.

Special Collections of the University of Oregon Library

From 1941-1944, Arthur Coole worked as a military pastor

and University Archives are divided into 18 par ts,

in Fort Riley, Kansas, USA.

including letters, school and church administrative records, communications, newspaper clippings, and

In 1944, In 1944, Arthur Coole returned to China again

biographical materials. Among them, the following are

and served as the treasurer of the Methodist Church and

closely related to coin research, the fifth series: Book

later the treasurer of the National Council of Churches.

Review Manuscripts, containing Arthur Coole's comments

In 1946, Arthur Coole returned to the United States, and

on his colleague's books on Chinese coins. The sixth

later taught political science at Baker University for a year.

series: Arthur Coole's Chinese numismatic book reviews,

In 1947, Arthur Coole and his family went to China for the

composed of reviews published by other numismatists.

last time, when the couple were both pastors. The wife

The seventh series: Arthur Coole's autobiography. The

taught at Hui Wen Academy, and the husband served as

eighth series: biographical information, providing more

a consultant to the academy's financial supervisor.

information about the personal history of Arthur Coole

After returning to the United States in 1948, Arthur Coole

and his wife. It can be seen from the collection list that

served as a community pastor in Kansas for 12 years.

Arthur Coole had a similar habit with Howard Bowker in keeping personal letters. Arthur Coole preserved almost

In 1964, Arthur Coole and his wife retired and moved to

11 "A Bibliography on Far Eastern Numismatics and an Union Index of the Currency" by Coole, Arthur Braddan, UNION PRESS, 1940.

12 Ding Fubao compiled and printed "A Dictionary of Ancient Coins" in the late 1930s to gather public opinions and have abundant materials.

13 "An Encyclopedia of Chinese Coin s. 'A Bibliography on Far Eastern Numismatology and a Coin Index",Vol. 1, 1967, by Coole, Arthur Braddan, Hitoshi Kozon and Howard Franklin Bowker. The first volume of the book is very important. The compilation of the book is mainly based on Arthur Cooler's numismatic book collection and his outstanding personal coin collection. In order to raise publication funds, Arthur Cooler even sold these coin collections.

14 Encyclopedia of Chinese Coins , Vol. 1: A bibliography on Far Eastern numismatology and a coin index , by A. B. Coole assisted by Hitoshi Kozono and Howard F. Bowker.

Denver, 1967; Vol. 2: The Early Coins of the Chou Dynasty ,Quarterman Publications, Boston, 1973; Vol. 3: Spade Coin Types of the Chou Dynasty , Quarterman Publications Boston, 1973, c1972;Vol. 4: Pointed Spade Coins of the Chou Dynasty, Quarterman Inc., Lawrence, Mass, 1975;Vol. 5: Ch'i Heavy Sword Coins & Debatable Pieces of the Chou Era , Quarterman Pub., Lawrence, Mass, 1976; Vol. 6: State of Ming Knife Coins and Minor Knife Coins , Quarterman, Lawrence, Mass, 1976; Vol. 7: Earliest Round Coins of China, Quarterman, Lawrence, 1981。 15 Coole, Arthur Braddan's autobiography: A troubleshooter for God in China , 1976.

16 Chinese numismatics in American museums by Robert W. Hoge. This article introduces that the American Numismatic Association (ANA) Colorado Museum in Springs, Colorado, USA, has more than 6,000 Chinese coins. It may be the second largest Chinese coin collection in the United States (the largest Chinese coin institution in the United States is the American Numismatic Society, ( ANS), which is located in New York and has a collection of more than 45,000 Chinese coins), and it covers all ranges of Chinese coins. The Arthur Cooler Oriental Library of the American Numismatic Association (ANA) may be the most important collection of such reference books. It is based on Arthur Cooler's 1967 reference book, which is by far the most comprehensive attempt among Chinese coin reference books. The library contains books in Chinese, Japanese and Western languages with a shelf length of approximately 120 feet.

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all the letters he sent between 1909 and 1974, as well as

The inscription of the poem: "Arthur Coole is heroic and

a huge number of letters, including letters from important

enthusiastic. He came to China from the United States

institutions and figures.

and worked for the American China Relief Association.

He was loyal to his duties and helped to bring the two

During the Chinese War of Resistance against Japan,

countries together. As a memorial, Sun Ke wrote the

Arthur Coole was engaged in providing aid to China in

poem with sincerity and respect." 17

Shanghai. Sun Ke ( 孫科 ), the son of Sun Yat-sen ( 孫中山 ),

To sum up, regarding Arthur Coole's experience in China,

wrote a poem to Arthur Coole:

he had repeatedly traveled back and forth between China

The alliance cooperates across the oceans,

and the United States from 1924 to 1948. Throughout

Relieves us in wartime,

Arthur Coole's life, he was able to make achievements in three areas: missionary and evangelism, study, and coin

Provides clothes and food to benefit the people,

research

Destroys the enemy and witness the light of justice.

Summary of Arthur Coole’s Numismatic Research

Regarding Arthur Coole's coinage research and book collection, there are not many records in the existing Chinese and English documents. An early rec ord appeared in Zhang Jiongbo's ( 張絅伯 ) article Discussion on A r thur Coole's A Bibliography on Far Eastern

Numismatics and an Union Index of the Currency, Charms, and Amulets of the Far East (《 邱 文 明 遠 東 泉 譜 考 商 榷 書 》)18published in the first issue of Ch’uan Pi (《 泉 幣 》) in July 1940 (Image 3). Zhang Jiongbo described his academic exchanges and correspondence with Arthur Coole in his article.19 A Bibliography on Far

Eastern Numismatics and an Union Index of the Currency, Charms, and Amulets of the Far East published in 1940

Image 3 the title page of the first issue of Ch’uan Pi and Zhang Jiongbo’s Discussion on Arthur Coole’s A Bibliography on Far Eastern Numismatics and a Union Index of the Currency, Charms, and Amulets of the Far East (The title page and p.76 of Issue 1 of Ch’uan Pi)

is another numismatic masterpiece compiled by Arthur Coole after Coins in China's History.

In the 1980s, shortly after the founding of the China Numismatic Society and the publication of the China

Numismatics magazine, Xu Tingxian and Hu Youwen introduced the life and coin research of Coole Jr. and Coole Sr. in Several Foreign Numismatists Influential in

In 2006, Mr. Sun Hao published Early Famous Foreigners

Chinese Numismatics Studies (《對中國泉學有影響的幾位

Who Collected Chinese Banknotes and Coins: Biography

外籍錢幣學家》, China Numismatics, 1988 Issue 3).

of Foreigners in China (6) 20 in China Numismatics ,

17 Early Bookplate Collection in China by Gong Yanbang, Xinhua Publishing House, January 2011, p.59.

18 Discussion on Arthur Cooler's 'A Bibliography on Far Eastern Numismatics and an Union Index of the Currency, Charms and Amulets of the Far East by Zhang Jiongbo, in Ch'uan Pi Issue. 1, Medical Book Office, July 1940, p. 76. Compiled by China Numismatics Society: Ch'uan Pi (Issues 1-32), Shanghai Bookstore Publishing House, April 1988.

19 Three letters were copied in the Zhang Jiongbo's article "Discussion on Arthur Cooler's A Bibliography on Far Eastern Numismatics and an Union Index of the Currency, Charms and Amulets of the Far East ", all in English, including Zhang Jiongbo's letters to Arthur Cooler (April 27, 1940 and May 10, 1940 from Shanghai), Arthur Cooler's letter to Zhang Jiongbo (May 2, 1940).

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introducing the life and writings of Authur Coole 21, Bowker 22 and others. The content is also included in Silver

& Gold Coins of China 1838-1949 (《 百年銀圓中國近代機 製幣珍賞》) edited by Sun Hao (Image 4)23.

In the process of research, the author discovered that in addition to the publications listed above, Coole also had two coin monographs included in the Journal of the North-

China Branch of The Royal Asiatic Society. One is Coins in China's History (1937) 24, and the other is Bibliography

on Far Eastern Numismatics and a Union Index of the Currency, Memorial Pieces, Charms, and Amulets of the Far East (1940).25

Image 4 the introduction of Arthur Coole and Howard Bowker (See p. 244 of Silver & Gold Coins of China 1838-1949 edited

by Sun Hao)

Versions of Illustrated Catalog of Sinkiang Illustrated Catalog of Sinkiang is an encyclopedia-style

excerpt is as follows:

document about Sinkiang, China in the Qing dynasty. It

For many years, Sinkiang province was short of provisions

has 116 volumes and more than 2 million words. It was

and funds for troops, and depended on the subsidy from

compiled from 1907 to 1911, and was printed by the

the Qing government and other provinces. However, in

Sinkiang Publication Bureau. The book's editor Wang

recent years, the subsidy has been insufficient and is not

Shuzhan ( 王 樹 枬 ) was the main advocate of gold coin

paid on time. The Russian gold coins and bills prevail in

forging. The Illustrated Catalog of Sinkiang Volume 35

Sinkiang but are too expensive. In May 1907, the governor

Food and Currency has a special section Gold Coin. The

20 Early Famous Foreigners Who Collected Chinese Banknotes and Coins: Biography of Foreigners in China (6) by Sun Hao, China Numismatics Issue 4, 2006, P. 68-70+80.

21 Arthur Cooler B, 1900-1978, a native of Kansas, USA, his father was a Methodist pastor. He came to China with his father when he was 6 years old. When he grew up, he returned to the United States for higher education, then came to China again, and returned to the United States in 1948. Arthur Cooler has been collecting since he was a child, and he inherited his father's preaching in China. He once participated in the funeral ceremony of the founding father Sun Yat-sen in Peking Union Medical College Hospital.

When Arthur Cooler was the director of the business department of Tientsin Hui Wen Academy, he compiled Coins in China's History in 1936, which was updated and reprinted the following year. Coole had been preaching in North China until he returned to the United States in 1948 and continued to work in the church. In his later years, he moved to Denver, Colorado. Arthur Cooler published the Encyclopedia of Chinese Coins in 1967, which published 7 volumes in total, but it was only part of the results of his research. Arthur Cooler's collection mainly consists of ancient coins. In addition, he also collected a large amount of material about Chinese coins, which is said to be the most complete in the world and is now kept in the American Numismatic Association (ANA). This note is taken from p. 244 of Silver & Gold Coins of China 1838-1949 edited

by Sun Hao. 22 Bowker Howard, 1891-1970, a native of Minnesota, USA, joined the US Navy when he was young. He was stationed in Shanghai in the 1930s, until he was assigned back to the United States in 1939, and was discharged after World War II. Unlike other foreigners who have stayed in China for a long time as a missionary or holding an official position, Bowker was a soldier who had only been in China for a few years, but he has a keen interest in Chinese stamps and coins, and his research was also quite in-depth.

He began to write in the 1930s, and later focused on coins, and published more than 70 articles. Unfortunately, the works were not integrated into a book. There was only one booklet published by the American Numismatic Society (ANS) in 1943: A Numismatic Bibliography of the Far East , which records 910 types of discourses or books about currencies in the Far East, and a catalog of 70 European and American coin dealers. Bowkers collection of books is comparable to Arthur Cooler. Coole's books are mainly Chinese, while Bowker's books are mostly Western-language books. This note is taken from p. 244 of Silver & Gold Coins of China 1838-1949 edited by Sun Hao. 23 Silver & Gold Coins of China 1838-1949 by Sun Hao, Shanghai Science and Technology Press, August 2012, p. 244. The revised edition of the book was published by Shanghai Science and Technology Press in June 2016.

24 Coins in China's History by Arthur Cooler, in the Journal of the North-China Branch of The Royal Asiatic Society VOL. LXVIII, P. 34-404. See Shanghai Library: Journal of the North-China Branch of The Royal Asiatic Society 1858-1948 Index Appendix , Shanghai Science and Technology Literature Publishing House, May 2013, p. 120.

25 Bibliography on Far Eastern Numismatics and an Union Index of the Currency，Memorial Pieces, Charms and Amulets of the Far East, A by Arthur Cooler, in the Journal of the North-China Branch of The Royal Asiatic Society VOL. LXXI, P. 35-314. See Shanghai Library: Journal of the North-China Branch of The Royal Asiatic Society 18581948 Index Appendix , Shanghai Science and Technology Literature Publishing House, May 2013, p. 112.

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Wang Shuzhan asked to mint gold dollars for circulation

out, and foreign currency prevails on our market, which

and pay for the troops. Cai Shichang ( 蔡 世 長 ) and the

is extremely worrisome. Sinkiang is a gold-producing

other three officers have been to the Machinery Bureau to

area, which has been coveted in Britain and Russia for

supervise the casting of gold coins. There are two kinds of

a long time. Nowadays, we officially mine gold and strike

gold coins: one mace and two mace. The one mace gold

gold coins. Although it is not possible to switch to gold

is worth three taels of silver, and the two mace of gold is

coins presently, the seeds burgeon already, and the fruits

worth six taels of silver. Four months later, a total of 5,001

can be expected. Moreover, gold coins can be used as

taels, 3 mace and 3 candareens gold coins were minted

currency but not just as useless ornaments, isn’t this an

by the silver dollar bureau.

obvious improvement? 26

The currency used by almost all countries is based on

This piece of historical data reflects the history of Sinkiang

gold. China has many gold mines, and a huge number of

gold coin minting. It is important historical material for

gold bricks and jewelry are produced every year, but no

later generations to study about the minting and issuance

gold coins were minted. National treasures are flowing

of Sinkiang gold coins and the trial implementation of the

Image 5 the cover of Illustrated Catalog of Sinkiang and the“Gold Coin”section, published by Sinkiang Publication Bureau

Image 6 the copyright page of Illustrated Catalog of Sinkiang and the“Gold Coin”section, the Oriental Society version (See p. 1-2 and p. 1315-1316 of Illustrated Catalog of Sinkiang published by Wenhai Publishing House in 1965)

26 (Qing dynasty) Illustrated Catalog of Sinkiang Volume 1, edited by Wang Shuzhan, compiled by Zhu Yuqi: Shanghai Ancient Books Publishing House, December 2015, p.

646-647.

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initiated the establishment of the Oriental Society in China and published the supplementary version in Tientsin

According to research by scholar Zhu Yuqi ( 朱 玉 麒 )

based on the Publication Bureau version. Specifically,

and others27, there are two types of print editions of the

the two printed editions of the "Gold Coin" section in the

book Illustrated Catalog of Sinkiang 28. The first type is the

Illustrated Catalog of Sinkiang differed in the "zero" in

Publication Bureau version, which is the earliest printed

the quantity description "five thousand (zero) one Tael

edition. The edition was published in January or February

two Mace and three Candareens". The Oriental Society

1912, and it was typeset and printed by the Sinkiang

version has the word "zero". The Illustrated Catalog of

Publication Bureau in Urumqi (Image 5). The second

Sinkiang published by Wenhai Book Company in 1965

is the Oriental Society version (Image 6). In 1923, Luo

was also photocopied from the Oriental Society version.

Zhenyu ( 羅 振 玉 ), Wang Guowei ( 王 國 維 ) and others

Transcripts of Illustrated Catalog of Sinkiang in the Collection of Arthur Coole Arthur Coole's collection of Sinkiang gold coin documents

right corner, and the transcript in the "1963 inventory of

is a transcript, 4 single-sided pages, with the words

the Arthur Coole collection" is quoted by Bruce Smith is

Illustrated Catalog of Sinkiang Copy on the front page.

the first one. Judging from the numbers marked on the

The NGC certification label is "China Empire Sinkiang

bookplates, the sequence of this set of transcript files

Province Document; Ex: Arthur Coole Collection-Circa.

should be: 2. the transcripts of Illustrated Catalog of

1911; Dissertation On Proposed Use Of Gold Money", the

Sinkiang , 3. the first flying dragon pattern, 4. The second

back is marked "Originally described in the 1963 inventory

flying (standing) dragon pattern, 5. The third flying dragon

of the Arthur Coole collection"(Image 7).

pattern. This order is different from that described in Arthur Coole's 1963 collection inventory (Image 8)29

Arthur Coole's bookplate label is affixed to the front of the transcript, and the number "2" is marked on the upper

Image 7 NGC certification label (the first is the certification label of the copy of Illustrated Catalog of Sinkiang Copy collected by Arthur Coole) (Refer to Unique Set of Artist’s Sketches for a Proposed Chinese Coin by Bruce Smith, in the 22nd issue of the Journal of East Asian Numismatics)

27 (Qing Dynasty) Illustrated Catalog of Sinkiang Volume 1, edited by Wang Shuzhan, compiled by Zhu Yuqi: Shanghai Ancient Books Publishing House, December 2015, p. 1-16 Preface.

28 In addition to the two full-print editions of Illustrated Catalog of Sinkiang introduced in the article, there are also many other printed versions such as the yellow book version collected by Tientsin Library, a separate printed copy before the book was written up, and a separate printed copy after the book was written.

29 A Unique Set of Designer's Manuscripts for to-be-issued Chinese Coins by Bruce Smith, the Journal of East Asian Numismatics Issue 22, April 2021, p.37.

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Image 8 the description of Sinkiang gold coin, with Arthur Cooler’s bookplate on the right side (Refer to A Unique Set of Designer’s Manuscripts for to-be-issued Chinese Coins by Bruce Smith, in the 22nd issue of the Journal of East Asian Numismatics)

Through the comparison, it is found that the text format of

presented in a folded form, which shows the producer's

the transcript in the collection of Arthur Coole is exactly

familiarity with Chinese numismatic culture. In addition,

the same as the format of the corresponding part of the

the handwriting on Arthur Coole's transcript of Illustrated

Oriental Society version (2 pages in total, 14 columns

Catalog of Sinkiang is relatively simple, and seems to be

per page, each column contains 24 characters), which

written by foreigners who were familiar with Chinese. It

is different from the Sinkiang Publication Bureau version

may have even been written by Arthur Coole himself or

(3 pages in total, 9 columns per page, 21 characters

his assistant. Judging from the extensive use of Chinese

per column). It is inferred that Arthur Coole's copy of

numismatic nouns in the numismatic books compiled by

Illustrated Catalog of Sinkiang transcript was copied

Arthur Coole, he had good Chinese writing skills. It is

from the Oriental Society version, and the time for the

reasonable to extract relevant fragments of the literature

formation of the transcript should be later than 1923.

during the process of compiling a book. Accurate judgment of the identity of a copyist requires the use of

The transcript retains the original layout of the "Gold

handwriting identification techniques.

Coin" section of the Oriental Society version and was

Arthur Coole's Works and Bookplates Regarding the time when the transcript of Illustrated

Arthur Coole was obviously an enthusiast for using

Catalog of Sinkiang was obtained by Arthur Coole, the

bookplates. The heraldry used in his bookplates not

bookplates pasted on the transcripts provide us with vital

only appeared in this set of transcripts, but also on the

information. The function of the bookplate is similar to the

title pages of his publications and his personal letters in

traditional Chinese seal, which is affixed to the book to

different periods.30

indicate who the owner of the book collection is.

The heraldr y on Coole's bookplate contains many

30 Brief Introduction to Howard Franklin Bowker (Champion Auction, May 15, 2020). This article introduces Arthur Cooler as a good friend of the well-known coin collector Howard Bowker. The two have communicated for more than 40 years, so we have a good understanding of his collection activities in China.

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symbolic elements of his life, and it has been used for

was somewhat similar to the Nobel Prize winner Pearl

decades. The pattern changes with regularity, which helps

S. Buck (1892-1973). The title of the English version of

to infer the time when the transcript of Illustrated Catalog

Water Margin (《水滸傳》1933) translated by Pearl is "All

of Sinkiang was acquired by Arthur Coole.

Men Are Brothers", and Pearl Buck's parents were also American missionaries.

Regarding the interpretation of Arthur Coole's bookplate heraldry, Gong Yanbang ( 龔 晏 邦 ) wrote in All Men are

This article discusses the form of the bookplates posted

Brothers—The American Pastor Who Collects Ancient

on the transcripts of Illustrated Catalog of Sinkiang in

Chinese Coins

31

(《 四海之內皆兄弟也⸺ 收藏中國古錢

the old collection of Arthur Coole, which is the second of

的美國牧師》) that Arthur Coole has two bookplates, the

"Arthur Coole's bookplate" published in Gong Yanbang's

blue one is the earlier one and the size is about double

book.

that of the black one. The two bookplates have similar

The book Coins in China's History 33 by Arthur Cooler was

patterns, and the stars and stripes and crosses indicate

published in 1936 and republished several times in 1937,

his American missionary status. The dragon flag in the late

196334, and 196535. Since the book has five editions, the

Qing dynasty and the five-color flag in the early Republic

publication time covers the two periods of Arthur Coole's

of China indicates that China experienced by Arthur Coole

numismatic studies, which just provides a suitable frame

was in an era of great change. "All Men are Brothers"

of reference for studying the evolution of Arthur Coole's

comes from The Analects (《論語》), expressing his hope

bookplates.

that war-torn China will have long-term peace and great

After comparison, the pattern of Arthur Coole's bookplate

harmony in the world." (Image 9)32

published in 1936 (first edition) and 1937 (second edition)

What needs to be added is that the center of Arthur

of Coins in China's History is similar to "the first type of

Coole's heraldry has a "three-legged figure", which

Arthur Coole's bookplates" in Gong Yanbang's book. The

symbolizes the Isle of Man, the hometown of Coole.

pattern of Arthur Coole's bookplates published in 1963

The inscription "All Men are Brothers" may be related

(third edition) and 1965 (fourth edition, type A) of Coins in

to the modern missionaries who came to China to "use

China's History is similar to the "the second type of Arthur

Confucianism to preach". Arthur Coole's experience

Image 9 two types of Arthur Coole’s bookplates and the Coins in China’s History (Refer to Gong Yanbang’s Early Bookplate Collection in China, p. 58 and 61)

31 32 33 34 35

Early Bookplate Collection in China by Gong Yanbang, Xinhua Publishing House, January 2011, p.56-61.

Early Bookplate Collection in China by Gong Yanbang, Xinhua Publishing House, January 2011, P.59-60 ibid ibid, 1963. ibid, 1965.

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Coole's bookplates”in Gong Yanbang's book. In both bookplates, the words "All Men are Brothers" and "printed

by Arthur Coole" are in the formal script, and the patterns are similar to hand-painted.

The bookplate on the fourth edition type B of Coins in

China's History in 1965 is similar to the pattern of Arthur Coole's bookplate published in "Encyclopedia of Chinese Coins" (Volumes 1-7) published successively from 1967

Image 10 the cover and title page of the first edition of 1936 Coins in China’s History by Arthur Coole

to 1981. "All Men are Brothers" uses seal script, and the words "printed by Arthur Coole" are printed, and the pattern seems to be drawn with a ruler.

From the publication of Coins in China's History in Tientsin, China in 1936 to the publication of Encyclopedia

of Chinese Coins (Volume 7) in Massachusetts, in the USA in 1981, Arthur Coole always used heraldry on the title page of his publications for nearly half a century, and this heraldry is also a significant mark to identify Arthur Coole's collection of books and letters.

Image 11 he cover and title page of the second edition of 1937 Coins in China’s History by Arthur Coole

Coins in China's History , 1st ed., 1936. (Image 10) copyright information: written by Arthur Coole, MA (Master of Arts), MS (Master of Science), Director of Business Department of Tientsin Hui Wen Academy. Published

of Arts), MS (Master of Science), Lecturer in History and

by the Student Affairs Department of Tientsin Hui Wen

Geography of Tientsin Hui Wen Academy. Published

Academy, Tientsin, Hepeh, China, 1936. Printed in China

by the Student Affairs Department of Tientsin Hui Wen

by Chihli Press, located at Place Georges Clemenceau at

Academy, Tientsin, Hepeh, China, second edition, 1937.

Rue de Paris, Tientsin.

Printed in China by Chihli Press, located at Place Georges Clemenceau at Rue de Paris, Tientsin.

Coins in China's History , 2nd ed., 1937. (Image 11)

Coins in China's Histor y 3rd ed., 1963. (Image 12)

copyright information: written by Arthur Coole, MA (Master

Photo 12 the cover and title page of the third edition of 1963 Coins in China’s History by Arthur Cooler

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Image 13 the cover and title page of the fourth edition of 1965 Coins in China’s History by Arthur Coole, type A

Image 14 the cover and title page of the fourth edition of 1965 Coins in China’s History by Arthur Cooler, type B

copyright information: written by Arthur Coole, MA (Master

(Master of Science), Former Associate Principal, Peking

of Arts), MS (Master of Science), Former Associate

Hui Wen Academy; Field Treasurer, The Methodist Church

Pr inc ipal, Peking Ac ademy; Field Treasurer, The

in China; Former lecturer of Fukuoka High School, Hitoshi

Methodist Church in China. Published by Inter-Collegiate

Kozono. Howard Bowker, a retired U.S. Navy Lieutenant

Press, Inc, third edition, 1963. Printed in the United

Commander. Published by Inter-Collegiate Press, Inc,

States.

first edition, 1967. This book is an important bibliography of Arthur Coole's numismatic book collection, and it

Coins in China's History , 4th ed., type A, 1965. (Image

may contain clues about the usage of the transcript of

13) copyright information: written by Ar thur Coole,

Illustrated Catalog of Sinkiang in Arthur Coole's collection.

MA (Master of Arts), MS (Master of Science), Former Associate Principal, Peking Academy; Field Treasurer,

In fact, the publication of Arthur Coole's letters will be

The Methodist Church in China. Published by Inter-

more conducive to the establishment of a relatively

Collegiate Press, Inc, fourth edition, 1965. Printed in the

rigorous lineage of Arthur Coole's bookplates' changes,

United States.

because the use of the bookplates in Coole's letters has gone through 40 years of writing, and the frequency of use

Coins in China's History , 4th ed., type B, 1965. (Image 14)

is much higher than the on book's title page. It is believed

copyright information: written by Arthur Coole, MA (Master

that the Journal of East Asian Numismatics has already

of Arts), MS (Master of Science), Former Associate

started work in this area. I believe that readers can obtain

Pr inc ipal, Peking Ac ademy; Field Treasurer, The

brand-new historical materials and research perspectives

Methodist Church in China. Published by Inter-Collegiate

by reading Correspondence between Howard Bowker and

Press, Inc, fourth edition, 1965. Printed in United States.

Arthur Coole (1937-1967) successively published in the

Encyclopedia of Chinese Coins (Volume 1), 1967. (Image

Journal of East Asian Numismatics , and will reveal more

15) copyright information: written by Arthur Coole and

numismatic mysteries.

Howard Bowker. Arthur Coole, MA (Master of Arts), MS

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Image 15 the cover and title page of Encyclopedia of Chinese Coins (Volume 1, 1967)

Concluding remarks It is reported that Arthur Coole collected more than

difficult to consult, the current use of them in China's

2,000 Chinese coin books, which can be described as

numismatic community is still limited.

rare in quality and numerous in quantity. In the process

Research on academic issues is a gradual process of

of compiling and publishing Encyclopedia of Chinese

exploration, and numismatic research is also like this.

Coins , Arthur Coole spared no hesitation in selling his

Regarding the transcript of Illustrated Catalog of Sinkiang

life-long coin collection to raise publication funds, and

from the old collection of Arthur Coole, if the paper can be

finally donated his collection of Chinese coin books to

tested by material science methods, it should be possible

coin research institutions for preservation and use, which

to determine the approximate production year and

shows that Arthur Coole's cherishment of numismatic

production area of the paper. In fact, there is still a lot to be

literature outweighed his personal coin collecting hobby.

excavated from Arthur Coole's book collection. I hope this

However, due to the fact Arthur Coole's old collection

article can play the role of "taking a glimpse."

of Chinese coin documents is not widely circulated and

About the author: Cheng Bin (1988- ), master degree holder, member of China Numismatic Society and Sinkiang Numismatic Society.

His research focus on Chinese modern history, stamp and currency. Related numismatic discourses were published in the Journal of East Asian Numismatics, Chinese Collection, Sinkiang Coins and other publications, and postal history research discourses were published in Asian Stamp, Shanghai Philately, Sinkiang Philately, Gusu Philately and other publications. Email: 1512403395@qq.com, looking forward to hearing from you.

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邱文明舊藏《新疆圖志》抄本考論 兼述邱文明生平及其泉學研究 ◎ 成 斌〔烏魯木齊〕

摘要：史料文獻的發掘對於錢幣收藏研究具有重要價值，泉界和學術界可以借此解開諸多泉壇謎題。 筆者在編寫邱文明泉學年譜簡編的基礎上 ，對邱文明舊藏《新疆圖志 》抄本及其藏書票版本進行考證。 拙文認為，邱文明舊藏《新疆圖志》抄本系據 1923 年東方學會的《新疆圖志 》重校增補本摘錄而成， 抄本內容為《 新疆圖志 》 卷三十五“ 食貨四·錢法·金幣 ” 部分。 從邱文明藏書票紋章變遷規律來看， 這組文件入藏時間與其 1963 年藏品清單所述相符 ， 但藏品排序與之不同 。 這件抄本或是邱文明為編 撰《 遠東錢幣和硬幣研究的參考書目 》 （ 《 中國古今泉幣辭典 》 卷一 ） 所做的一份 “ 資料卡片 ” 。 筆者認為， 對邱文明舊藏《 新疆圖志 》 抄本的研究， 將有助於揭示邱文明錢幣藏書的形成規律及開 發利用。

關鍵字：錢幣學 文獻學 新疆金幣 新疆圖志 邱文明舊藏 NC 收藏 藏書票 紋章

一 新疆金幣抄本的再度面世 2020 年 11 月 12 日， “冠軍拍賣微信公眾號”發佈了題

幣品種考辨⸺ 兼論中國近代機製幣史料的輯佚與辯偽》1

國幣設計師手稿”的文章，該文預告“《東亞泉志》將刊出

了邱文明舊藏中“關於新疆金幣的文字說明”的圖片。筆者

論文。在撰寫過程中，冠軍拍賣總裁周邁可先生向筆者提供

為“《東亞泉志》第 21 期預告：獨一無二的整套擬發行中

由美國史博祿（Bruce Smith）先生撰寫的這篇文章，並介

以此為依據，在結合原有研究的基礎上，發現這份“關於新

紹了得自邱文明舊藏（Arthur Coole Collection）的一組

疆金幣的文字說明”內容實際為《新疆圖志》中“金幣”部

文件，其中包括三張宣統三年銀幣設計手稿及一份關於新疆

分的摘抄本，於是開始對此抄本的版本進行考據。

金幣的文字說明。”

2021 年 4 月 30 日，史博祿撰寫的《獨一無二的整套擬發 行中國幣設計師手稿》在《東亞泉志》第 22 期發表 2，該

這份關於新疆金幣的文字說明，引發了筆者的濃厚興趣。特

文還被收入隨後印行的《2021 年冠軍澳門拍賣目錄》《收

別是預告文章結尾充滿懸念的這句話令人充滿期待，上文提

藏傳奇⸺ 張南琛中國錢幣收藏》等圖書。

到這組文件中有一份關於新疆金幣的文字說明，這究竟是怎 麼回事？

史博祿在其文章仲介紹的“三張宣統三年銀幣設計手稿”，

被認為出自路易·喬治 (L. Giorgi) 之手。 “關於新疆金幣的

恰好此時，筆者正在撰寫《晚清金幣大珍：中國新疆餉金金

1 成斌：《晚清金幣大珍：中國新疆餉金金幣品種考辨⸺ 兼論中國近代機製幣史料的輯佚與辯偽》，載《東亞泉志》第 2 期，2021.07。該文述及清朝末年清政府對貨幣政策進行了 反思與重構，關於施行金本位制還是銀本位制的幣制之爭相持數年。其間，作為金本位制支持者的新疆布政使王樹枬等人約在 1907 年主持鑄造了全國唯一正式發行的、用於流通使用 的機製金幣“餉金金幣”。《新疆圖志》卷三十五·食貨四·錢法·金幣是與之相關的最為重要的文獻史料之一，故筆者發現了其與邱文明舊藏《新疆圖志》抄本之間的關聯。 2 史博祿著：《獨一無二的整套擬發行中國幣設計師手稿》，載《東亞泉志》第 22 期，2021.04，簡體中文版第 37-40 頁，中英文版第 70-77 頁。

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文字說明”和“三張宣統三年銀幣設計手稿”之間的關聯，

銀幣設計師手稿一套三張”3，估價 30 萬 -60 萬美元。而後，

史博祿在文章中做出了兩種推測：“也許這些設計原本是用

更具戲劇性的事情發生在拍賣前一天的 2021 年 5 月 28 日，

對這些手稿的。”從新疆餉金金幣現存實物來看，三幅設

三年壹圓銀幣設計師 L. Giorgi 手稿一套三張撤拍”。據消

冠軍拍賣發佈了“拍品信息更新”，指出“LOT 022 宣統

於新疆金幣，但也有可能關於新疆金幣的文字內容並不是針

息人士稱：“撤拍的原因是這組手稿近期或將在上海的一家

計手稿顯然未用於新疆金幣，而且新疆餉金金幣的圖案應在

博物館展出。”

“餉金一錢”“餉金二錢”金幣被鑄造的光緒三十三年（1907 年）就已確定。另外冠軍研究室在存世的宣統三年銀幣實物

通常的錢幣拍賣品以錢幣實物為主，兼有相關書籍資料，而

中找到了與這組設計手稿吻合的圖案。

設計師手稿、錢幣文件等作為不可多得的錢幣學文獻，其學

2021 年 5 月，這三份設計手稿成為“2021 年冠軍澳門拍賣” 術和收藏價值更是難以估量。 的拍賣品（Lot 號 22），拍品名稱為“孤品宣統三年壹圓

二 邱文明生平著述情況 關於邱文明生平著述的基本情況，許廷憲、胡幼文 4、孫浩、 周邁可等錢幣研究者已有簡要敘述。筆者在此基礎上參考相 關中英文資料 5 進行必要的補充 6。

邱文明 (Coole, Arthur Braddan,1900-1978 年 )，號質彬，

美以美會（Methodist Episcopal Mission，縮寫為 M. E. M.）

來華教育傳教士，是 20 世紀著名的中國錢幣收藏家，錢幣

界一般稱其為“小柯爾”（圖 1）；稱其父親為“老柯爾”(Dr.

Thomas H Coolle,1868-1930)。

圖1

7 關於老柯爾的生平事蹟， 可從 1930 年 6 月 10 日 《北華捷報》 《北

圖1 邱文明肖像 （參見 《中國歷代五金貨 幣 》第399頁 ）

《大陸報》刊出的老柯爾 《訃 華捷報及最高法庭與領事館雜誌》 8

9

告》10 中得以瞭解（圖 2）。

圖 2 老柯爾的 《 訃告》 （ 參見 1930 年 6 月 10 日 的 《北華捷報 》 第 14 頁 ）

柯爾父子都有着地道的中文名字，老柯爾的中文名為邱永 康，或取自與 “Coole”發音相近的中文姓氏“邱”。老

圖2

3 “孤品宣統三年壹圓銀幣設計師手稿一套三張（Lot 022）”，《2021 年冠軍澳門拍賣目錄（2021 Champion Macau Auction Catalog）》，第 58-59 頁。在此期“冠軍拍賣”目錄中， 史博祿論文和《孤品宣統三年壹圓銀幣設計師手稿一套三張（Lot 022）》拍品說明與其他 4 篇短文形成了一個連接有序的閱讀鏈條，即《1911 年（宣統三年）大清銀幣》《品相最好 的 1911 年（宣統三年） 大清銀幣壹圓（Lot 023）》《1972 年 Jess Peters 中國銀幣銷售目錄》《孤品 1972 年 Jess Peters 1911 年（宣統三年）伍角單面鉛質樣幣（Lot 024）》。“冠 軍拍賣”目錄這種的編排方式，環環相扣，相輔相成，既有本次拍賣拍品圖錄，又有相關研究文章，有助於競拍者和讀者快速便捷地掌握拍品的背景知識和文化內涵，為錢幣收藏研究 領域的“產學研”結合提供了一種可供參照的樣本。 4 許廷憲、胡幼文：《對中國泉學有影響的幾位外籍錢幣學家》，載《中國錢幣》1988 年第 3 期，第 75 頁。 5 參見 Special Collections and University Archives, University of Oregon Libraries "From the guide to the Arthur andElla Coolepapers(1908-1974) "，美國俄勒岡大學圖書館特 別收藏和大學檔案館的“邱文明夫婦論 文指南（1908- 1974）”。 6 20 世紀 30-40 年代的《字林西報行名錄》 (The North China DeskHong List) 刊載了邱文明在美以美會和匯文中學等機構的供職情況。 7 "OBITUARY:Rev. Thomas H. Coole, M. D. ",The North-China Daily News（《北華捷報》 ）.Jun 10, 1930, p. 14.

8 "OBITUARY:Rev. Thomas H. Coole, M. D. " ,The North-China Herald and Supreme Court & Consular Gazette（《北華捷報及最高法庭與領事館雜誌》）.Jun 10, 1930, p. 13.

9 "OBITUARY:Rev. Thomas H. Coole, M. D. " ,The China Press（《大陸報》）.Jun 10, 1930, p. 4.

10 《訃告： 托馬斯 H. 庫爾牧師，醫學博士》 全文如下： 有關堪薩斯城醫學博士托馬斯·H·柯爾牧師 (Thomas H.Coole) 逝世消息的電報已收悉。老柯爾博士是福建美以美會的傳教士。 1906 年來華，在古田醫 院任院長多年。最近他在福州，與該城差會醫療工作的發展相關。由於健康狀況不佳，他不得不於 4 月初 返回美國。老柯爾博士大約於 62 年前出生在馬恩島。 他在堪薩斯州（鮑德溫大學）上大學，並在芝加哥從 事醫學工作。來中國之前，他在伊利諾伊州橡樹園傳道。逝者的遺體由他的妻子 Cora Sheppard Coole 和三 個孩子安葬，他們是 天津的邱文明（現在科羅拉多州丹佛市）、來自馬來亞實兆遠的 Douglas P. 和來自日本東京的 Mona（Leland Mann 夫人） 。

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柯爾在華期間熱衷於收集中國古代錢幣， 去世前不久才回

幣與錢幣書籍巨豐，自詡在海外“前不見古人，後不見 來者”，

可謂首屈一指。同時，邱文明著述也是英文讀者瞭解中國錢

到美國，將其所藏中國古錢幣全部捐獻給母校貝克大學，一

幣的重要工具圖書。現將“邱文明泉學年譜”簡編如下：

直保存至今。與其父不同的是，邱文明不僅熱衷於收藏中國

錢幣，而且注重研究交流、 著書立說。邱文明收藏中國錢

1900 年

1941-1944 年

邱文明出生在美國堪薩斯州的伯明翰。

1906 年

邱文明隨其父老柯爾和母親科拉·柯爾來到中國

1917 年

邱文明進入美國西北大學， 並在一年後入伍。

福建古田（ Kutien ） 。

第一次世界大戰後， 他在堪薩斯州鮑德溫的貝 克大學完成了學業 ， 後於 1922 年在丹佛大學

攻讀文學碩士學位 （ M.A. ） ， 同年與艾拉 ·弗

1924 年

朗西絲 ·安德烈什（ Ella Frances Endres）結婚。

到中國， 在北京協和語言學校（ Peking Union

1946 年

邱文明回到美國 ， 後在貝克大學教了一年政治

1947 年

邱文明和家人最後一次去中國 ， 當時夫婦二人

邱文明曾參加孫中山在北京協和醫院的殤禮 ，

管， 後來又擔任全國教會理事會的財務主管 。

學。

都是牧師。 邱文明的夫人在匯文中學教書， 邱

邱文明返回美國定居後 ， 在堪薩斯州擔任社區 牧師達 12 年 。

邱文明夫婦退休後遷至科羅拉多州的丹佛生活 。 邱文明將他的時間投入到錢幣學研究中 ， 研究

並撰寫了多篇關於中國錢幣的文章和書籍 。 此

後被分配到天津匯文中學 （ Tientsin Hui Wen

後 ， 他被視為該領域的權威 。

1967 年

妻子一直 在中國生活工作至 1937 年 。

邱文明編撰的 《 中國歷代五金貨幣 》 在天津出

邱 文 明 在 丹 佛 出 版《 中 國 古 今 泉 幣 辭 典 》 （Encyclopedia ofChinese Coins） 13 第 一 卷 ，

此後的 1972- 1981 年 ， 邱文明與位於馬薩諸

版，初版五百本隨 即售罄 ， 次年增訂再版。

塞 州 的 Quarterman 出 版 公 司 (Quarterman

邱文明夫婦回到美國 。 邱文明開始在美國西北 大學攻讀政治學博士學位。 然而， 他沒有完成

1976 年

學業，因為在 1938 年 ，他被要求緊急返回中國，

恢 複北京衛理公會的行政工作 。

1940 年

邱文明再次回到中國 ， 擔任衛理公會的財務主

1964 年

Academy） 任教。 此後， 除一年休假外， 他和

1937 年

1944 年

1948 年

在俄克拉荷馬州任教一年後， 邱文明夫婦來

學學習。

1936 年

邱文明在美國堪薩斯州賴利堡做士兵牧師 。

文明則擔任學校財務主管的顧問 。

Language School ） 深造後 ， 進入中國的一所大

1925 年

FEATURES

1978 年

1940 年， 邱文明著《 遠東泉譜考 》 出版 11 ， 書中有丁福保 12 題詞“ 古錢書傑 作 ” 。是年，

Publications Inc.) 合作， 陸續出版了該套叢書

的第二卷至第 七卷 14 。 邱文明自傳出版 15 。

邱文明在科羅拉多州的丹佛去世，終年 78 歲。

邱文明去世後將其 全部中國錢幣資料捐獻給了 美國錢幣協會 （ ANA） 。 該協會總部所在地科

邱文明的夫人和養女莫娜·瓊回到美國， 邱文明

羅拉多斯普林斯建立了以邱文明命名的東方圖

亦於次年返美 。

書館， 並對外開放。 16

11 邱文明 Coole, Arthur Braddan：《遠東泉譜考》 "A Bibliography on Far Eastern Numismatics and an Union Index ofthe Currency", 北平協和印書局（UNION PRESS）, 1940。 12 丁福保曾於 20 世紀 30 年代末編印《古錢大辭典》 彙集眾說，材料豐富。 13 邱 文 明 (Coole, Arthur Braddan), 小 園 齊 (Hitoshi Kozono), 包 克 (Howard Franklin Bowker)：《 中 國 古 今 泉 幣 辭 典》 第 一 卷《 遠 東 錢 幣 學 參 考 書 目 和 硬 幣 索 引》 "An Encyclopedia ofChinese Coins. ‘A Bibliography on Far Eastern Numismatology and a Coin Index",Vol. 1, 1967 。該書第一卷非常重要。《中國古今泉幣辭典》的編寫主要基於邱文 明等人錢幣藏書以及其傑出的個人錢幣收藏，為了籌措出版資金邱文明甚至出售了這 些錢幣收藏。

14 《中國古今泉幣辭典》 "Encyclopedia of Chinese Coins", 各卷書名如下： Vol. 1: A bibliography on Far Eastern numismatology and a coin index , by A. B. Coole assisted by Hitoshi Kozono and Howard F. Bowker. Denver, 1967; Vol. 2: The Early Coins ofthe Chou Dynasty,Quarterman Publications, Boston, 1973; Vol. 3: Spade Coin Types of the Chou Dynasty, Quarterman Publications Boston, 1973, c1972;Vol. 4: Pointed Spade Coins of the Chou Dynasty, Quarterman Inc., Lawrence, Mass, 1975;Vol. 5: Ch'i Heavy Sword Coins & Debatable Pieces of the Chou Era , Quarterman Pub., Lawrence, Mass, 1976;Vol. 6: State of Ming Knife Coins and Minor Knife Coins , Quarterman, Lawrence, Mass, 1976;Vol. 7: Earliest Round Coins of China, Quarterman, Lawrence, 1981。 15 邱文明自傳 Coole, Arthur Braddan,"A troubleshooterfor God in China ", 1976.

16 Robert W. Hoge, "Chinese numismatics in American museums".（羅伯特 • 霍格《美國博物館內的中國錢 幣學》）。據此文介紹，位於美國科羅拉多州科羅拉多斯普林斯的美國錢幣 協會（American Numismatic Association，縮寫為 ANA）博物館有超過 6 000 件中國錢幣藏品，可能是美國第二大中國錢幣機構收藏（美 國最大的中國錢幣收藏機構為“美國錢幣學會”The American Numismatic Society ，縮寫為 ANS ，該學會位於紐約，有 45 000 多件中國錢幣藏品），其系列涵蓋了中國錢幣的所有範圍。美國錢幣協會（ANA）的邱文明東方圖書館可 能是最重要的此類參考書籍館藏。它是以邱文明 1967 年的參考書籍為基礎，這是迄今為止中國錢幣參考書籍中最全面的嘗試。該圖書館藏有約 120 英尺排架長度的中文、日文和西文書籍。

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目前，保存在美國俄勒岡大學圖書館特別館藏和大學檔案館

同盟協作遠涉重洋，

中的邱文明文稿共分為 18 輯，包括信件、學校和教會行政

戰時救濟古道熱腸，

記錄、通訊、剪報和傳記材料。其中，與錢幣研究關係密切 的有如下內容，第五輯：書評手稿，另一個小系列，包含邱

解衣推食嘉惠四方，

文明對他同事關於中國硬幣的書籍的評論。第六輯： 邱文

共殲公敵正義之光。

第七輯：邱文明自傳。第八輯：傳記信息，提供有關邱文明

詩後題：“邱文明先生賦性豪邁，極具熱忱，自美來華，任

個人書信方面，與包克有著類似的習慣。邱文明保存了其於

亦國際良友也，愛贈題詞，留作紀念，孫科敬題。 ”17

明的中國錢幣書籍評論，由其他錢幣學家發表的評論組成。

夫婦個人歷史的更多信息。由藏品清單可知，邱文明在保存

職美國援華救濟協會，忠於職責，使兩國邦交益敦親睦，誠

1909 年至 1974 年期間幾乎所有的發信底稿，以及數量巨 大的來信信函，其中不乏重要機構和人物的來信。

綜上所述，關於邱文明來華經歷，以往介紹多言及邱文明

在中國抗日戰爭期間，邱文明還在上海從事援華救援活動。

邱文明曾多次階段性的往返於中美兩國之間。縱觀邱文明的

1924 年至 1948 年間在中國華北生活工作。其實在此期間，

孫中山之子孫科 曾給邱文明題詩：

一生，他在傳教佈道、求學深造和錢幣研究等三個方面能 夠統籌兼顧，持續追求，還呈現出有序交替推進的狀態。

三 邱文明錢幣研究綜述 關於邱文明錢幣研究及藏書情況，在既有的中英文文獻裏

Bibliography on Far Eastern Numismatics and an Union

期《泉幣》 雜誌張絅伯《邱文明遠東泉譜考商榷書》之評

East）是邱文明繼《中國歷代五金錢幣》 後編撰的又一部

記載並不多。較早 的記載出現在 1940 年 7 月出版的第 1

Index of the Currency, Charms and Amulets of the Far

述（圖 3）。 張絅伯在文中講述了其與邱文明的學術交

錢幣學著作。

18

流和書信來往情況。 1940 年出版的《遠東泉譜考》（A 19

圖 3 《泉幣 》 第 1 期扉 頁及張絅伯 《邱文明遠 東泉譜考商榷書》 書影 （參見 《泉幣 》 第 1 期 扉頁及第 76 頁 ）

17 龔晏邦：《方寸書香： 早期中國題材藏書票》，新華出版社，2011.01 ，第 59 頁。 18 張絅伯 :《邱文明遠東泉譜考商榷書》 ，鄭家相編輯：載《泉幣》 第 1 期，醫學書局，1940.07 ，第 76 頁。中國泉幣學社編： 《泉幣（ 1-32 期合訂本）》，上海書店出版社， 1988.04。 19 張絅伯在《邱文明遠東泉譜考商榷書》 寫道： “今春偶攖感冒，猝變肺炎，臥床匝月，病中，北平邱君文明寄贈近著《遠東泉譜考》 ，展閱一過，見其搜集廣博，內容豐富，排比得當，

檢查簡便，大體分為四類，中國泉家及其著述為一類， 日本泉家及其著述為一類，歐美人士所著述者為又一類，末則臚列泉 幣名目，凡譜錄所載，收羅靡遺，用羅馬拼音，排比並列，檢 查各書頁數，洵為泉幣別開生面，作者美人也，好泉有年，二十六年初，著中國歷史錢幣一書，在津門發行，餘嘗為文評之，近益孜孜研求，慨然有撰述傳世之意，餘自去冬與之函牘往返， 共相討論，雖有合作之志，而南北睽違，天各一方，加之世變日亟，求生不遑，何有雍容閒暇，以閉戶著書耶，最近去函兩通，來函一通，錄登本志以餉讀者。 ”文中抄 錄了三封信件， 均為英文，分別為張絅伯致邱文明的信（ 1940 年 4 月 27 日、1940 年 5 月 10 日自上海） 、 邱文明致張絅伯的信（ 1940 年 5 月 2 日） 。

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20 世紀 80 年代，在中國錢幣學會成立和《中國錢幣》雜誌

創刊後不久。 許廷憲、胡幼文便在《對中國泉學有影響的 幾位外籍錢幣學家》（《中國錢幣》1988 年 3 期）介紹了

柯爾父子的生平及錢幣研究情況。

2006 年，孫浩先生在《中國錢幣》 刊出《早期收藏中國鈔

幣的知名外籍人士⸺ 在華外籍人士小傳（六）》20，介紹 了邱文明 21 和包克 22 等人的生平著述情況，這些內容還收入

孫浩編著的《百年銀圓中國近代機製幣珍賞》（圖 4）23。

在研究過程中筆者發現，除“邱文明生平著述年表”中列出 的出版物單行本外，邱文明還有兩篇錢幣專著被收入《皇

家亞洲文會北華支會會刊》(Journal ofthe North - China

Branch ofThe RoyalAsiatic Society) 。一篇為《中國歷代

另一篇為 《遠東泉譜考》(1940 年 )25。 五金錢幣》(1937 年 )24 ， 圖 4 邱文明 、 包克簡介書影（ 參見孫浩編著《 百年銀圓 中 國近代機製幣珍賞 》 第 244 頁）

四《新疆圖志》的版本 《新疆圖志》是一部關於清代中國新疆的百科全書式文獻，

之流通 ， 委巡檢蔡世長等四員就省城外水磨 溝機器局督匠

開始編纂，至宣統三年（ 1911 年）完成， 由新疆通志局

重二錢者抵紋銀六兩。陽面鑄“ 餉金一錢、 （ 餉金）二錢 ”

凡一百一十六卷、二百多萬字，從清光緒三十三年（1907 年）

鑄造。其金圓共分一錢、二錢兩種。重一錢者抵紋銀三兩 ，

印刷傳世。該書編纂者王樹枬也是鑄造“餉金”金幣的主要

字樣 ， 陰面鑄龍文 ， 邊加纏文 “ 餉金幾錢 ” 字樣 。 開局四

幣”項。現摘錄如下，供研究者對照：

由銀圓局帶鑄 ，並未開支局用 。

新省專恃腹地協餉支持全局，數年以來 ，協餉不足 ，且不能

按，各國通用之幣，以金為本位。中國自有黃金，不以鑄幣，

按時解到，每遇伊、塔兩城及標營陸軍各處請餉 ，無法因應。

每年出口金磚、 金葉， 值銀三千萬兩之多， 國寶外流， 真元

俄人乘間以其金 圓、 銀票重價居奇。 光緒三十三年五月，

內斷， 奇贏貴賤， 惟人所操， 深患隱尤， 未知何底矣。 新

藩司王樹枬請採購砂金試鑄金圓， 輔餉糈之不濟， 顧市面

疆為產金隩區， 英、 俄兩國垂涎已久。 現在鼓鑄金圓， 為

宣導者，《新疆圖志》 卷三十五“食貨四 ·錢法”專設“金

月，共鑄金五千（ 零）一兩三錢三分， 每金一兩申色五分 ，

20 孫浩： 《早期收藏中國鈔幣的知名外籍人士⸺ 在華外籍人士小傳（六） 》，載《中國錢幣》 2006 年第 4 期，第 68-70+80 頁。 21 邱文明 (Arthur Cooler B, 1900- 1978) ，美國堪薩斯州人，父親是衛理公會牧師，6 歲隨父親來華，長大後回美國接受高等教育，後再次來到中國，1948 年返美。邱文明自幼即開始收藏， 亦承其父衣缽在華傳 教，曾參加國父孫中山在北平協和醫院的殤禮。邱文明擔任天津匯文中學商科主任時於 1936 年編成《中國 歷代五金錢幣》 "Coins in China's History" ，次年增訂 再版。邱氏一直在華北地區傳教，直到 1948 年返美， 繼續在教會工作，晚年遷居科羅拉多州丹佛。邱文明於 1967 年發表《中國古今泉幣辭典》 "Encyclopedia of Chinese Coins"，共 出版 7 冊，但僅是其研究的部分成果，賚志以歿，令人惋惜。邱文明的收藏以古錢為主， 此外還收藏大量有關中國錢幣的資料，據稱是全球最完整的，現保存在美國集幣協會 (ANA) 。 這條注釋摘 自孫浩編著的《百年銀圓》 第 244 頁。 22 包克 (Bowker Howard, 1891- 1970) ，美國明尼蘇達州人，年輕時加入美國海軍服役。20 世紀 30 年代曾駐防上海，直到 1939 年調返美國本土，二戰結束後退伍。與其他以傳教或 擔任官職而長期留居中國的洋人不同，包克是駐華時間僅數年的軍人，卻對中國郵票和錢幣產生了濃厚興趣，研究也頗深入。他從 20 世 紀 30 年代開始寫作，後以錢幣為主，發表文章 70 餘篇，遺憾的是著作沒有合集成書，只有一本由美國集 幣學會 (ANS) 在 1943 年出版的小冊： 《遠東集幣圖書纂要》 "A Numismatic Bibliography of the Far East" ，內記錄有關遠 東地區貨幣的 910 種論述或書籍，及 70 種歐美錢幣商目錄。藏書可與邱文明匹敵，邱氏的是以 中文圖書為主，而包氏的則以西文圖書居多。這條注釋摘自孫浩編著的《百年銀圓》 第 244 頁。 23 孫浩編著：《百年銀圓中國近代機製幣珍賞》 ，上海科學技術出版社，2012.08 ，第 244 頁。該書 的修訂版於 2016 年 6 月由上海科學技術出版社出版。 24 邱文明：《中國歷代五金錢幣》 "Coins in China's History" ，載於《皇家亞洲文會北華支會會刊》 第 68 卷（VOL. LXVIII）第 34-404 頁。參見上海圖書館編：《皇家亞洲文會北 華支會會刊 1858- 1948 導論索引附錄》 ，上海科學技術文獻出版社，2013.05 ，第 120 頁。 25 邱文明：《遠東泉譜考》"Bibliography on Far Eastern Numismatics and an Union Index of the Currency， Memorial Pieces, Charms and Amulets ofthe Far East, A "，載於《皇 家亞洲文會北華支會會刊》第 71 卷（VOL. LXXI）第 35 - 314 頁。參見上海圖書館編： 《皇家亞洲文會北華支會會刊 1858- 1948 導論索引附錄》 ，上海科學技術文獻出版社， 2013.05 ，第 112 頁。

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版時間當在宣統三年十二月（ 1912 年 1-2 月間） ，由新

異日用金之起點，則必廣開金礦，總納於官，而不許有抑勒

疆通志局在烏魯木齊排版印刷（圖 5）。第二種是“東方學

偷漏之弊。目前雖不能一律改用金幣，而種子既茂，華實堪

會本”（圖 6） 。1923 年，羅振玉、王國維等發起在中國

期。且既以此為市易之利用，則非如向之僅供玩飾，置黃金 於無用， 以啟外人之窺伺也， 其關係為何如 ? 這段史料反

成立東方學會，並在天津據當時志局本重校的增補本。具體

26

到兩種印本《新疆圖志》“金幣”部分的文字，區別在於“開

映了新疆布政使王樹枬主張試行金幣、鞏固邊局的金融思想

局四月， 共鑄金五千零一兩三錢三分”中的“零” ，志局

和鑄造“餉金”金幣的經過，是後世研究新疆餉金金幣鑄造

本無此字，而“東方學會本”則有此字。1965 年文海書局

發行和試行“金本位”制的重要史料。 據學者朱玉麒先生等人的研究

27

出 版的《新疆圖志》 ，亦是影印自“東方學會本”（圖 6）。

，《新疆圖志》 全書的刊

印本有兩種 。第一種是“志局本” ，為最早的印本，製 28

圖 5 新疆通志局本 《新疆圖志 》 封面及 “ 金幣” 部分書影

圖 6 東方學會本 《新疆圖志》 版權頁及 “ 金幣” 部分書影 （ 參見文海出版社 1965 年版 《新疆圖志 》 第 1-2 頁 、 第 1315- 1316 頁 ）

26 （清） 王樹枬纂修； 朱玉麒整理： 《新疆圖志》 上，上海： 上海古籍出版社，2015. 12 ，第 646-647 頁。 27 （清） 王樹枬纂修； 朱玉麒整理： 《新疆圖志》 上，上海： 上海古籍出版社，2015. 12 ，參見該書第 1- 16 頁“整理前言”。 28 《新疆圖志》 除文仲介紹的兩個全印本外，尚有天津圖書館藏的黃冊本《新疆圖志》 、《新疆圖志》 成書前的分志單印本、《新疆圖志》 成書後的分志單印本、《新疆圖志》 的部 分分志抄本等版本種類。

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五 邱文明舊藏《新疆圖志》抄本 邱文明舊藏中國新疆金幣文獻為手抄本，單面 4 頁，背面

該抄本卷首貼有邱文明藏書票，藏書票右上角注有數字“2”，

空白，首頁寫有“抄新疆圖志”五字。NGC 認證標籤為“清

而在史博祿引述的“邱文明 1963 年藏品清單”中，《新疆

代新疆省文件；邱文明藏品，約 1911 年； 關於擬用金幣

圖志》抄本則為第 1 件。

的論述 ” (China Empire Sinkiang Province Document;

Ex:Arthur Coole Collection-Circa. 1911; Dissertation

從藏書票上所標注的數字來看，這組手稿文件呈現出的排序

邱文明 1963 年藏品清單” (Originally described in the

龍）龍樣，5. 第三次行龍樣。這一順序與邱文明 1963 年藏

應為：2.《新疆圖志》抄本，3. 第一次行龍樣，4. 第二次行（立

On Proposed Use Of Gold Money)， 背 面 標 注“ 源 自

品清單中描述的有所不同（圖 8）。29

1963 inventory of the Arthur Coole collection)（圖 7）。

圖7 NGC 認證標籤 （ 第一條為邱文明舊藏 《新疆圖志 》 抄件的認證標籤 ） （參見 《 東亞泉志 》 第 22 期史博祿 《 獨一無二的整套擬發行中國幣設計師手稿》 ）

圖 8 新疆金幣說明文字 ， 右側 貼有邱文明收藏標籤 （ 參見《 東亞泉志》 第 22 期史 博祿 《獨一無二的整套擬發行 中國幣設計師手稿》 ）

29 史博祿《獨一無二的整套擬發行中國幣設計師手稿》 ，載《東亞泉志》 第 22 期，2021.04 ，第 37 頁。

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通過文獻學的方法進行對照發現，邱文明舊藏《新疆圖志》

原貌，並以經折裝的方式進行呈現，足見製作者對中國錢幣

的版式完全相同（共 2 頁，每頁 14 列，每列 24 字），而

為質樸，似由熟悉中文的來華外國人士所書寫，甚至可能

文化的熟稔。此外，邱文明舊藏“新疆圖志”抄本的字跡較

抄本的文字排列版式，與東方學會本《新疆通志》對應部分

與新疆志局本《新疆圖志》 版式不同（共 3 頁，每頁 9 列，

出自邱文明本人或助手之筆。因為從邱文明所編著的錢幣圖

應據“東方學會本”《新疆圖志》抄錄，抄本形成時間的上

中文書寫能力，其在編著圖書過程中摘抄相關文獻片段也屬

每列 21 字） 。由此推知，邱文明舊藏《新疆圖志》抄本

書中大量使用的中文錢幣學專有名詞來看，邱氏具有良好的

限應遲於 1923 年。

情理之中，而更為準確的抄寫者身份判斷，則需要運用筆跡 鑒定的技術。

該抄本保留了東方學會版《新疆圖志》“金幣”部分的版面

六 邱文明著述與藏書票紋章 使用時間歷經數十年。而紋章圖案的版別變遷則有規律可

關於邱文明舊藏《新疆圖志》抄本的入藏年代問題，抄本上

循，這有助於推知邱文明舊藏《新疆圖志》抄本的入藏年代。

所粘貼的邱文明藏書票為我們提供了至關重要的信息。史博

祿文中所稱的邱文明收藏標籤，在中文裏更確切說法稱為

關於邱文明藏書票紋章的釋讀，龔晏邦在《四海之內皆兄弟

“藏書票”。 藏書票的功能與中國傳統的藏書印章相似，

也⸺ 收藏中國古錢的美國牧師》31 中認為，“邱文明共有

貼在書上用來表明藏書的所有者。

兩款藏書票，藍色的要更早一些，尺寸約為黑色的兩倍。這

邱文明顯然是使用藏書票的熱衷者，邱文明藏書票所使用的

兩款藏書票圖案相仿，星條旗和十字架表明其美國傳教士身

紋章不僅出現在這組手稿裏，而且還出現在其不同時期的出

份。清末的龍旗、民國初期的五色旗等旗幟，表明邱文明所

版物扉頁及其私人信函稿紙之上 。

經歷的中國正是‘城頭變換大王旗’的動盪時期。‘四海之

30

內皆兄弟也’出自《論語》，表達了他祈 望戰亂不斷的中

邱氏紋章的設計與包含了邱文明人生經歷的諸多符號元素，

國能夠得到長久和平及天下大同的思想。（圖 9）”32

圖 9《 中國歷代五金貨幣》 書影及邱文明藏書票二種 （ 參見龔晏邦著《 方寸書香： 早期中國題材藏書票 》 第 58 、 61 頁）

30 《霍華德 ·富蘭克林 ·包克生平簡介》 （冠軍拍賣，2020.05. 15）。該文介紹邱文明是知名錢幣收 藏家霍華德 ·包克（Howard Bowker）的好友，兩人通訊往來 40 餘年，因此我們對 其在中國時期的收藏活 動及活動軌跡非常瞭解。 31 龔晏邦：《方寸書香：早期中國題材藏書票》，新華出版社，2011.01 ，第 56-61 頁。 32 龔晏邦：《方寸書香：早期中國題材藏書票》，新華出版社，2011.01 ，第 59-60 頁。

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需要補充的是，邱文明紋章圖案的中心有一個“三曲腿圖”

文明藏書票紋章的演變提供了合適的參照系。

海之內皆兄弟也”的銘文或與近代來華傳教士採用“以儒傳

經過比對，1936 年（第一版）、1937 年（第二版）《中

元素，這象徵着柯爾父子的故鄉馬恩島 (Isle ofMan) 。“四

教”的方式有關，與邱文明身事相仿的諾貝爾文學獎得主

國歷代五金貨幣》 所刊邱文明紋章圖案與龔晏邦書中的“邱

1933 年） 的英文版書名就是 “AllMen Are Brothers （四

四版 A 型） 《中國歷代五金貨幣》 所刊邱文明紋章與龔晏

文明藏書票之一”相近似。1963 年（第 三版）和 1965 年（第

賽珍珠 (Pearl S. Buck ，1892- 1973 年 ) 所譯《水滸傳》（

邦書中的“邱文明藏書票之二”相近似。這兩種邱文明紋章

海之內皆兄弟） ” ，而賽珍珠的父母也是美國傳教士。

中的“四海之內皆兄弟也”“邱文明 質彬印”字樣均為楷體，

本文所論邱文明舊藏《新疆圖志》抄本所貼藏書票形制屬後

圖案近似手繪。

者，即龔晏邦書中所刊“邱文明藏書票之二”。

《中國歷代五金貨幣》1965 年第四版 B 型與 1967 年至

邱 文 明 所 著《 中 國 歷 代 五 金 貨 幣》（Coins in China's

1981 年陸續出版的《中國古今泉幣辭典》（卷 1-7）中所

History） 一書，於 1936 年出版，並於 1937 年、1963

“邱 刊邱文明紋章圖案相似， “四海之內 皆兄 弟也”為篆書，

33

年

34

、1965 年

35

多次再版。由於該書有 5 個版本，出版

文明 質彬印”字樣為印刷體，圖案近似尺規作圖。

時間涵蓋了邱文明泉學研究的前後兩個時期，恰好為研究邱

從 1936 年 在 中 國 天 津 出 版《 中 國 歷 代 五 金 貨 幣》（ 圖

10），到 1981 年在美國馬薩諸塞州出版《中國古今泉幣辭

典》（卷 7），歷經近半個世紀，邱文明始終在其出版物扉

頁使用紋章，而此紋章也是識別邱文明藏書和信函的一個顯 著標記。

《中國歷代五金貨幣》五個版次的版本信息，從一個側面為 我們揭示了邱文明的身份變遷和文化認同。

1936 年，第一版《中國歷代五金貨幣（圖 11）版權信息：

圖 10 邱文明所著 《 中國歷代五金貨幣 》 1936 年第一版封 面及扉頁

邱文明著，MA（文學 碩士） 、MS（理學碩士），天津匯

文中學商科主任。天津匯文中學學生工作部出版，中國河北

天津，1936 年。中國印製，直隸印字館 (Chihli Press) 印 行，位於天津巴黎路的喬治 · 克裏孟梭廣場 (Place Georges

Clemenceau at Rue de Paris Tientsin)。

1937 年，第二版《中國歷代五金貨幣》（圖 12）版權信息： 邱文明著，MA （文學碩士） 、MS （理學碩士） ，天津

匯文中學歷史和地理講師，天津匯文中學學生工作部出版，

中國河北天津，第二版，1937 年。中國印製，直隸印字館

印行， 位於天津巴黎路的喬治·克裏孟梭廣場。

圖 11 邱文明所著 《 中國歷代五金貨幣 》 1937 年第二版封 面及扉頁

33 《中國歷代五金貨幣》 還刊出了邱文明（第 399 頁） 和其他錢幣學者及藏家的肖像。 34 Coole, Arthur Braddan 邱文明 , "Coins in China's history"《中國歷代五金貨幣》 , (Inter-Collegiate Press Kansas, 1963)。 35 Coole, Arthur Braddan 邱文明 , "Coins in China's History"《中國歷代五金貨幣》, (Inter-Collegiate Press, Kansas, 1965)。

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圖 12 邱文明所著 《中國 歷代五金貨幣 》 1963 年 第三版扉頁

1963 年，第三版《中國歷代五金貨幣》版權信息： 邱文明著， 1965 年，第四版《中國歷代五金貨幣》A 型版權信息： 邱 MA（文學碩士）、MS（理學碩士），北平匯文中學原

文明著，MA（文 學碩士） 、MS （理學碩士） ，北平匯

中 國 基 督 教 衛 理 公 會 原 會 計 主 任 (Field Treasurer, The

斯州米申 Inter-Collegiate 出版有限公司印行，第四版，

副 校 長 (Former Associate Principal, Peking Academy)，

文中學原副校長，中國基督教衛理公會原會計主任。堪薩

Methodist Church in China)。 堪 薩 斯 州 米 申 Inter-

1965 年。 美國印製。

第三版，1963 年。美國印製。

1965 年，第四版《中國歷代五金貨幣》 B 型（圖 14）版

1965 年第四版《中國歷代五金貨幣》 有兩個版別，這兩版

北平匯文中學原副校長，中國基督教衛理公會原會計主任。

者將與 1963 年第三版《中國歷代五金貨幣》藏書票圖案相

1965 年。美國印製。

Collegiate 出 版 公 司 印 行 (Inter-Collegiate Press, Inc)，

權信息： 邱文明著，MA（文學碩士） 、MS（理學碩士），

堪薩斯州米申 Inter-Collegiate 出版公司印行，第四版，

圖書扉頁所使用的邱文明藏書票形制有較為明顯地差異，筆

同的版別稱之為 A 型（圖 13），將另一種稱為 B 型。

圖 13 《 中國歷代五金貨幣》 1965 年第四版 A 型封面 及扉頁

圖 14 《 中國歷代五金貨幣》 1965 年第四版 B 型封面及扉頁

1967 年，《中國古今泉幣辭典》（第一卷（圖 15）版權信

School) 原教師；包克，美國退役海軍少校。堪薩斯州米申

平匯文中學原副校長 (Former Associate Principal, Peking

是邱文明錢幣學藏書的重要書目，有可能隱含着關於邱文明

息： 邱文明著，MA（文學碩士）、MS（理學碩士），北

Inter-Collegiate 出版公司印製，第一版，1967 年。此書

Hui Wen Academy) ，中國基督教衛理公會原會計主任；

舊藏《新疆圖志》抄本使用情況的線索。

小園齊 (Hitoshi Kozono) 日本福岡高中 (Fukuoka High

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其實，對於邱文明書信的刊布，將更有利於建立起來相對嚴

閱讀《東亞泉志》陸續刊出的《霍華德 ·包克⸺ 邱文明通

圖案的使用歷經 40 年，且使用頻次遠高於圖書扉頁，據瞭

來一同解開更多的泉界未解之謎。

信（1937- 1967 年）》，可獲取全新的史料和研究視角，

密的邱文明藏書票圖案變遷譜系，因為邱文明信函中藏書票 解，《東亞泉志》已經在着手這方面的工作。相信讀者通過

圖 15 《 中國古今泉幣辭典》 （ 第一卷， 1967 年 ） 封面及扉頁

結

語

據悉，邱文明所藏中國錢幣書籍逾二千冊，可謂品種珍罕，

關於學術問題的研究本來就是循序漸進的探索過程，錢幣學

中，不惜將其畢生錢幣收藏出售以籌措出版經費，而最終將

言，如果能夠通過材料學方法對抄本紙張進行測試，應該可

數量可觀。在邱文明編撰出版《中國古今泉幣辭典》的過程

研究也是如此。就邱文明舊藏《新疆圖志》抄本這一個案而

所藏中國錢幣書籍贈與錢幣研究機構保存利用，足見邱文明

以測定紙張的大致生產年份和產區。其實，邱文明錢幣藏書

對泉學文獻的珍視超過了對其個人錢幣收藏的喜好。但由於

文稿裏有待挖掘的內容還有很多，希望本文能夠起到“窺一

邱文明舊藏中國錢幣文獻流傳不廣，不易查閱， 目前中國

斑而知全豹”的作用。

泉界對之利用尚且有限。

作者簡介： 成斌 （ 1988- ） ， 碩士研究生學歷 ， 中國錢幣學會、 新疆錢幣學會會員。 主要研究領域為中國近現代史與郵幣研究 。相關 錢幣學論述發表在 《 東亞泉志 》 《 中國收藏 》 《 新疆錢幣 》 等刊物 ， 郵史研究論述發表於 《 亞洲郵學家 》 《 上海集郵 》 《 新疆集郵》 《姑蘇郵學》 等刊物 。 電子郵箱 ： 1512403395@qq.com。

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Originally published on ngc.com

Big Business for Numismatics ◎ Jeff Garrett〔USA〕

judge whether the market is weak or hot. Most are probably happy the government does not collect this data, but it does leave one wondering how to estimate the size of the market. It's clear that rare coins and bullion is a multi-billion-dollar business.

Numbers Speak Volumes

The rare coin and bullion markets exceed previous years with astronomical numbers.

The following numbers are rough estimates but may prove helpful in understanding the size of the rare coin market. There are at least 5,000 active coin companies in the United States. They range in size from oneman operations to multi-national juggernauts with hundreds of employees. There are at least 10 to 15 companies with sales exceeding $100 million per year. APMEX alone touts annual sales approaching $2 billion or more.

There is no doubt that the rare coin and bullion market in the United States has evolved considerably in recent decades. Thirty years ago, when I operated an auction company, my mailing list consisted of about 5,000 names. Of those customers, around 1,000 would participate in a given sale. My last FUN auction in the 1980s realized less than $5 million.

The Professional Numismatists Guild has around 300 members, most of which have large annual sales of numismatic material. There are also quite a few mass marketing companies with annual sales of over $100 million. Many of these companies specialize in modern and world coins. The PNG also tracks total auction prices realized in the United States. The following information can be found on their website about sales during the pandemic year 2020:

A couple of years ago, someone asked me to estimate the size of the rare coin and bullion market in the United States. This is a tricky task, as there are no reporting requirements for numismatic sales in the United States. The government does not issue statistics for our business. People are not eagerly awaiting rare coin sales data from the government each month to

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Based on responses to a PNG questionnaire, "the aggregate prices realized for U.S. rare coins sold at major public auctions in 2020 totaled nearly $369 million. The aggregate total was $325 million in 2019; $345 million in 2018; and $316 million in 2017."

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Heritage Auctions reported over $300 million in sales for just the first quarter of 2021 alone, including an internet-only FUN auction of an NGC-graded Brasher Doubloon for over $9 million. Today, it is not unusual for 10,000 bidders to participate in an auction.

Times have certainly changed!

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1787 ‘ EB ’ on Wing Brasher Doubloon graded NGC MS 65 ★ and pedigreed to the Partrick Collection. Realized: $9.36 million

"Major auction sales of U.S. banknotes in 2020 totaled $50.6 million bringing the combined aggregate auction sales of rare U.S. coins and paper money the past year to over $419 million." This was the f irst year PNG included banknotes in its annual survey.

"bel lwether" ANA convention and auctions take place. There is an astounding number of seven- and potentially eight-figure coins being offered for sale.

One of my favorite coins being offered is an NGC PF 64+ﾠ1921 Saint-Gaudens Double Eagle. The ANA convention, which did not take place last year, is one of the most hotly anticipated events in years. Hopefully, the recent spike in COVID-19 cases will not put a damper on the festivities.

Why Is This Information Important?

Anyone who collects rare coins or currency probably has at least some interest in the investment aspect.

The overall size of the market is important to gauge how much new money is coming into our hobby. If the combined sales of every numismatic f irm were to suddenly decrease each year, this would have a profound impact on prices. The very opposite has been the case in the last decade. The amount of money coming into the hobby each year must at least balance with the amount of fresh material offered.

The rare coin market is clearly the beneficiary of the improved "wealth effect" that seems to be influencing buyer s. A f ter cr a sh i ng at t he beg i n n i ng of t he COVID-19 crisis, the stock market has risen to record levels. Home prices are soaring in about every part of the country and consumer confidence has been on the rise. There is no doubt the rich have gotten richer.

Trillions of dollars in new wealth have been created in the United States in just a few short years.

Recent auction results for high-end coins demonstrate that there are plenty of new buyers for the material being offered. I have seen many new faces bidding in these sales. There has also been interest from international players for many of the classic "trophy" coins that have sold in recent months. For now, it seems the market for rare coins is expanding.

Luckily, many of these newly confident buyers seem attracted to numismatics. This new inf lux of money clearly has been a huge factor in the growth of the market for rare coins.

The size of the rare coin market is also important when trying to understand the impact of new government reg u l at ion s t hat m ay a f fect t he busi ness. Ma ny

This will be tested in the next few weeks as the annual

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1921 Roman Finish Double Eagle graded NGC PF 64+

(including myself ) have been concerned about the collection of state sales taxes across state lines aimed to level the playing f ield between brick-and-mortar stores and internet operations. So far, the rollout of the Wayfair ruling for the collection of sales tax has not stifled sales significantly. The industry owes a HUGE thanks to the National Coin and Bullion Association (formerly ICTA) for f ighting to maintain sales tax exceptions in over 30 states.

investments and record stock prices.

It is quite funny how under the radar the rare coin business operates. I still get odd looks when I meet someone for the first time, and they ask what I do for a living. More than once, people have asked me if you can make a living selling coins. Happily, I have been doing so for over 40 years!

For decades there has been inter m ittent interest from money managers in the rare coin industr y.

Cu r rent ly, t here a re at le a st a few f u nd s w it h considerable capital devoted to trading rare coins from an investment standpoint. Understanding the size of the market for rare coins is an important element for anyone controlling funds that might be directed to numismatics. No one would be interested in investing in a thinly traded market. The fact that a multibillion-dollar market exists is critical for those looking into rare coins.

T he r a r e coi n m a r ket i s a l s o a mon g t he mo st transparent of collectible f ields. There is plentiful information available and third-party certification has added tremendous liquidit y. Look for this trend to continue as wealthy investors are forced to seek alternative investments because of low fixed-interest

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原刊載於ngc.com

古錢幣裏的

大 商機

◎ 傑夫·加勒特〔美國〕

稀有錢幣和貴金屬幣市場近年來有了很大的發展。

是火爆。大多數人可能很高興政府不收集這些數據，但這

毫無疑問，近幾十年來，美國的珍稀錢幣和貴金屬幣市場

錢幣和貴金屬幣是一個價值數十億美元的行業。

確實讓人想知道應該如何估計市場的規模。很明顯，珍稀

有了很大的發展。30年前，我經營着一家拍賣公司，我的郵 拍名單中大約有5 000個名字。在這些客戶中，約有1 000

數字說明一切

交額不到500萬美元。

以下數字只是粗略的估計，但可能有助於瞭解稀有錢幣市

據 美 國 最 大 的 收 集 藏 品 拍 賣公 司 ⸺ 海 瑞 德 拍 賣公 司

模從一人經營到數百名員工的跨國巨頭不一而足。至少有10

的成交額就超過 3億美元，其中包括一次網拍，以超過900

所 APMEX 就宣稱其年銷售額接近 20 億美元甚至更多。

現在，有10 000 位競標者參與拍賣都是很平常的事。時代

非營利性機構專業錢幣行業協會大約有300名會員，其中大

位參加了拍賣。我上次舉辦拍賣會是在 20世紀80年代，成

場的規模。美國至少有5 000家活躍的錢幣公司。它們的規

(Heritage Auctions，即 HA) 的報告，僅 2021年第一季度

至15家公司每年的銷售額超過1億美元。僅美國貴金屬交易

萬美元的價格拍賣了一枚 NGC 評級的布拉瑟達布倫金幣。

部分會員的年銷售額巨大。也有不少年銷售額超過1億美元

確實變了！

的公司。其中許多公司專門從事現代幣和世界幣的銷售工 作。非營利性機構專業錢幣行業協會還跟蹤了在美國實現

幾年前，有人請我估計美國稀有錢幣和貴金屬幣的市場規

的總拍賣價格。關於2020 年新冠疫情大流行期間錢幣的銷

模。這是一個棘手的任務，因為在美國，對錢幣的銷售不

售情況，可以在其網站上找到以下信息 ：

要求上報。政府不發佈相關統計數據。人們並不急切地等

待政府每月提供稀有錢幣的銷售數據來判斷市場是疲軟還

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這枚 1787 年鷹翼“ EB ” 印記版布拉瑟達布倫金幣， NGC MS 65 ★ ， 系帕特裏克收藏 成交價 ： 936 萬美元 。

根據對非營利性機構專業錢幣行業協會調查問卷的答復，

對最近幾個月售出的許多頂級錢幣產生了興趣。目前，稀

“在 2020 年大型公開拍賣會上，拍出的美國稀有錢幣的總

有錢幣的市場似乎正在擴大。

價接近 3.69 億美元。2019 年的總價為3.25億美元 ；2018年 的總價為3.45億美元 ；2017年的總價為3.16億美元”。

在接下來的幾周裏，隨着錢幣市場“風向標 ”⸺ 美國錢

“2020 年美國錢幣大型公開拍賣會的成交總額為5060萬

檢驗。被拍賣的古錢幣的價格將達到驚人的七位數或者八

幣協會 (ANA) 年度錢幣展與拍賣會的舉行，這一點將得到

位數。我最喜歡的一枚古錢幣是 NGC PF 64+ 的1921年

美元，使得過去一年美國稀有金屬貨幣和紙幣的拍賣成交 總額超過4.19 億美元。”這是非營利性機構專業錢幣行業協

聖 · 高登雙鷹金幣。美國錢幣協會年會是多年來最令人期待

會第一年將紙幣納入其年度調查。

的活動之一，但去年沒有舉行。希望最近新冠病例數的激 增不會對這個活動造成負面影響。

為什麼這些信息很重要？

稀有錢幣市場 顯然是不斷擴大的“財 富效 應”的受益者，

任何收集稀有金屬貨幣的人可能至少對投資方面有一些興

這種效應似乎正在影響着買家。美國股市在新冠危機開始

趣。市場的整體規模對於衡量有多少新的資金投入到錢幣

時崩盤之後，已經回升至創紀錄的高點。全國各地的房價

收藏領域是非常重要的。如果数年間每家古錢幣公司的總

都在飆升，消費者的信心也一直在上升。毫無疑問，富人

銷售額突然每年都在減少，那麼這將對價格產生深遠的影

變得更富有了。在短短幾年裏，美國創造了數萬億美元的新

響。在過去的十年中，情況恰恰相反。每年投入到這個愛

財富。

好中的資金量至少要與提供的錢幣數量相平衡。

幸運的是，這些重拾信心的買家中有許多人似乎被錢幣所

最近高端錢幣的拍賣結果表明，有很多新的買家願意購買

吸引。這種新的資金湧入顯然是稀有錢幣市場增長的一個

這些錢幣。我看到許多新面孔參與競拍。國際上有買家也

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巨大因素。

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FEATURES

1921 年聖·高登雙鷹金幣 ， NGC PF64+

在試圖瞭解可能影響錢幣行業的新政府法規時，稀有錢幣

投資產品，轉而尋求替代性的投資品。

州銷售稅的徵收，這一稅目旨在為實體店和互聯網業務之

稀有錢幣行業的運作方式非常有趣。當我第一次和別人見

家居電商 Wayfair 徵收銷售稅的判決並沒有顯著地抑制銷

作的。人們不止一次地問我，你是否可以靠賣錢幣為生。令

市場的規模也很重要。許多人（包括我自己）一直在關心跨 間提供公平的競爭環境。到目前為止，關於向美國最大的

面時，他們仍然會用好奇的目光看着我，問我是做什麼工

售。因為美國國家錢幣和貴金屬幣協會為了維持30多個州

人高興的是，我已經這樣做了40多年了。

的銷售稅例外情況而做的努力，該行業對該協會表示了極 大的感謝。

幾十年來，一直有短期資本經營者對珍稀錢幣行業感興趣。 目前，從投資的角度來看，至少有一些資金專門用於投資 稀有的古錢幣。瞭解稀有古錢幣的市場規模對於控制可能

被用於投資錢幣的資金的人來說，是一個重要因素。沒有

人會對在交易清淡的市場上投資感興趣。對於那些研究稀 有錢幣的人來說，一個價值數十億美元的市場的存在是至 關重要的。

珍稀 錢幣市場也是最透明的收藏品領域之一。信息豐富， 有大量可用的信息，此外，第三方認證增加了巨大的流動 性。這一趨勢將持續下去，因為在低利率環境下與創紀錄 的股票價格中，富裕的投資者暫時不再投資固定收益型的

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Originally published at ngc.com

Jugate Portraits on Ancient Greek Coins ◎ David Vagi〔USA〕

Ancient die engravers found a novel way to depict two

and types and feature a good mix of gods and mortals.

people on a coin.

Sometimes these portraits "confront" each other and other times they're shown in a form known as "jugate", in which

Among the most intriguing of all ancient coins are those

one portrait overlaps another.

bearing more than one portrait. They come in all metals

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We'll start with the coin above, a bronze pentassarion

By comparison, the next coin (above), a silver tetradrachm

struck A.D. 217 to 218 at Marcianopolis, which shows

of King Ptolemy IV (222-205/4 B.C.), shows the jugate

confronted busts of the emperor Macrinus and his son,

busts of the gods Serapis and Isis. With this arrangement,

the Caesar Diadumenian. On coins with confronted busts,

the subject of greatest honor appears closest to the

the person of greatest honor appears on the left.

viewer, with the lesser subject portrayed in what amounts to the background.

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In this survey we'll discuss some of the more important

King Ptolemy II of Egypt (285/4-246 B.C.). The obverse

'jugate' portraits coins, starting this month with Greek

portrays Ptolemy II and his sister-wife Arsinoe II and the

coins and continuing next month with Roman coins.

reverse shows the jugate portraits of his deified parents

Except for the two introductory coins shown above, we'll

King Ptolemy I (305/4-282 B.C.) and Berenice I.

restrict ourselves to jugate portraits of humans.

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The greatest appreciation for jugate coin portraits existed

One of the most familiar ancient Greek coins with jugate

in the Seleucid Kingdom, based in Syria. Shown above is

portraits is the gold octodrachm shown above, issued by

an excessively rare gold octodrachm issued c.175 B.C. It

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portrays Laodice IV and her young son Antiochus, son of

tetradrachm (above) portraying Demetrius I (162-150 B.C.)

the deceased King Seleucus IV (187-175 B.C.).

and his wife Laodice V. Their marriage also was a family affair in every sense of the word, for they were blood

Laodice IV seems to have married three times, each time

siblings, both being children of the royal couple Seleucus

to one of her brothers. The first of these brothers died

IV and Laodice IV (and, thus, siblings of the murdered

before he could be crowned king, the second, Seleucus

child Antiochus, who appeared on the gold octodrachm

IV, fathered the young Antiochus shown on this coin.

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After Seleucus IV was assassinated in 175 B.C., his widow Laodice IV briefly supported her young son's claim to the throne (as reflected by this coin), but she soon relented and apparently married her third and final brother, Antiochus IV (175-164 B.C.), who five years afterward found it expedient to murder his young nephew Antiochus.

Another Seleucid coin with a jugate portrait is the silver

being supported by the Romans and/or rulers of other

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Greek kingdoms. Sometimes this created civil wars and international wars.

Above is a silver tetradrachm depicting King Alexander I 'Balas' (152-145 B.C.) and his wife, Queen Cleopatra Thea. Alexander I, a supposed son of King Antiochus IV, was backed by foreign powers against the unpopular Seleucid King Demetrius I. In 150 B.C., Alexander I

previously discussed).

defeated Demetrius I, and claimed the Seleucid throne.

Politics during the Hellenistic Era was an incredibly international affair, with various kings and their rivals

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In that same year, Alexander I married Cleopatra Thea,

later his father-in-law backed another candidate for the

the eldest daughter of one of his foreign supporters, king

Seleucid throne.

Ptolemy VI (180-145 B.C.) of Egypt, in hopes of forging

We continue with the intermarriages and royal intrigues of

unity between the neighboring kingdoms. Hence, this

the Seleucid Kingdom with the two coins above, a silver

celebratory coinage. However, the hopeful action did

tetradrachm and a 21mm bronze coin depicting Cleopatra

not result in long-lasting cooperation since Alexander I

Thea and one of her four sons who reigned as a Seleucid

was incompetent (or unfortunate) enough that five years

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king, Antiochus VIII.

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As described earlier, Cleopatra Thea had married

he continued to reign from 121 to 96 B.C.

Alexander I. She was fortunate to survive his fall and

The jugate portrait tetradrachm above, depicting the

marry two subsequent men who became Seleucid kings.

brothers Antiochus XI and Philip I during their brief co-

One of them, Demetrius II (146/5-138 and 129-125 B.C.),

reign of c.94-93 B.C., offers further evidence of the

fathered two of her four royal offspring, one of whom was

murderous intrigues of the Seleucids. These brothers

Antiochus VIII, the one portrayed on these two coins with

joined forces after their elder brother, Seleucus VI (96-94

his mother, with whom he ruled jointly from 125 to 121 B.C.

B.C.), was killed in a revolt.

But the 'royal vacancy' available for Antiochus VIII was

Though a cooperative venture, the joint reign did not last

made possible only because his mother had murdered the

long, for Antiochus XI apparently drowned while crossing

boy's brother, Seleucus V. This was a bad start to a brief

the river Orontes in Syria after his army was destroyed

co-reign that ended with Cleopatra Thea trying to poison

by a cousin, the rival Seleucid King Antiochus X (c.94-

Antiochus VIII, only to have him sense the danger and

88 B.C.). Philip I was more fortunate, for he continued to

turn the tables – forcing his mother to drink the poisoned

reign until at least c.83 B.C., and perhaps even until c.75

wine she had offered him. His mother died as a result, and

B.C.

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We now leave the complete moral desolation of the

parents are shown with jugate portraits, while Eucratides

Seleucid Kingdom and move further east to Bactria, where

por trays himself wearing a wide-brimmed Boeotian

the silver tetradrachm (above) was issued by the King

helmet. It has been suggested that the father, Heliocles,

Eucratides I (c.170-145 B.C.) in honor of his (presumably)

never reigned, whereas his mother, Laodice may have

deceased parents Heliocles and Laodice.

been a Seleucid noblewoman since she wears a royal diadem.

On this piece, which belongs to a 'pedigree' series, his

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Also from this easterly kingdom is the silver tetradrachm

Another eastern kingdom was Elymais, located in what

above. Rather than a commemorative 'pedigree' issue,

today is southeastern Iraq and southwestern Iran. Shown

this is a standard issue which shows King Hermaeus

above is a silver tetradrachm dated to 81/80 B.C. It depicts

and Queen Calliope, who are believed to have reigned

Kamnaskires III & Anzaze, who in about 82 B.C. 're-

c.105-90 B.C. Very little is known of the rulers from this

founded' Elymais as an independent kingdom after what

era in Bactrian and Indo-Greek history, in which coins

appears to have been about fifty years of disruption by

are a primary source of evidence for supplementing or

usurpers and neighboring forces in the region. They seem

correcting the other types of documentary evidence.

to have reigned for about a decade.

Our final two jugate coins are from the Nabataean

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Kingdom, which grew wealthy by controlling trade routes through the Arabian Desert by which goods from the East flowed to markets in the Mediterranean. Shown above is a silver drachm of Obodas II (or III) and his wife Hagaru I, who reigned from c.30 to 9 B.C. This particular coin, struck at the Petra mint, bears their jugate portraits and was issued in the 16th year of their reign, equal to 15 or 14 B.C. Our last piece, the 17mm bronze coin above, was struck

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at Petra and depicts King Aretas IV and his wife, Queen Shaqilat (c.9/8 B.C.-A.D. 40). Despite the paltry value of this 'bronze' in the ancient marketplace, it was issued at the height of Nabataean success under this dynamic king.

At this point in history, the Nabataeans had long enjoyed a cooperative relationship with their biggest clients, the Romans, who officially recognized the state.

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古希臘錢幣上的並列肖像

原刊載於 NGC

◎ 大衛 · 瓦吉〔美國〕

古代的模具雕刻師發現了一種新奇的方式，可以在一枚錢

古錢幣。在那些不止一幅肖像的古錢幣中，各種金屬材質

幣上的鑄刻兩個人物肖像。

和類型的古錢幣都有，肖像以諸神與凡人的完美搭配為特

色。有時這些肖像會“面對面”，有時他們會以一種被稱為

在所有的古錢幣中，最吸引人的是那些有不止一幅肖像的

“並排”的形式呈現。

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我們從上面圖1這枚古錢幣開始說起。這是一枚公元 217年

相比之下，下一枚古錢幣（圖2）是托勒密四世國王（公元

至 218年在瑪西亞諾波裏斯地區鑄造的青銅古錢幣，上面

前222- 前205/4 年）時代的四德拉克馬銀幣，錢幣上顯示

的兒子迪亞杜門尼安（Caesar Diadumenian）面對面的半

最尊貴的人物出現在外側，而次要的人物則被安排在相當

有羅馬帝國第二十四任皇帝馬克裏努斯（Macrinus）和他

出塞拉皮斯神與伊希斯神並排的半身像。這種排列方式下，

身像。在面對面半身像的古錢幣中，最尊貴的人在左邊。

於背景的地方。

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在這次研究中，我們將討論一些幣面上是“並排的肖像”的

圖3所示的埃 及國王托勒密二世（公元前285/4- 前246年）

古錢幣，我們認為這種錢幣更為重要。本月我們從古希臘

發行的金幣。古錢幣正面的肖像是托勒密二世和他的姐姐，

兩枚古錢幣之外，我們本次將只討論幣面上是“並排的肖像”

勒密一世（公元前305/4- 前282年）和貝勒尼基一世的肖像。

錢幣開始，下個月繼續討論古羅馬幣。除上述剛剛介紹的 的古錢幣。

塞琉古王國很喜歡“並排的肖像”的錢幣。圖4展示的是一

枚極其罕見的、大約在公元前175年發行的金幣。它描繪了

最為人熟知的幣面上是“並排的肖像”的希臘古錢幣之一是

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亦是他的妻子阿爾西諾二世 ；背面是他被神化的父母⸺ 托

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勞迪絲四世和她的小兒子安條克五世，安條克五世的父親

公元前175年，塞琉古四世被刺殺後，勞迪絲四世的大兒子

。 是已故國王塞琉古四世（公元前187- 前175年）

成為了國王（正如這枚錢幣所反映的那樣） ，後來，她改嫁 。 給了自己最小的弟弟安條克四世（公元前175- 前164 年）

勞廸絲四世結過三次婚，每次都是嫁給她的一個兄弟。其 中第一個兄弟在加冕前就死了，後來，安條克三世為勞迪絲 安排了第二次婚姻，與她的二哥（即後來的塞琉古四世）成

婚，同時塞琉古四世被其父指定為繼承人並任共同統治者。

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另一枚塞琉古王朝的四德拉克馬銀幣上描繪了德米特裏一世

（公元前162-150年）和他的妻子勞迪絲五世的肖像。他們

是有血緣關係的兄妹，都是塞琉古四世和勞迪絲四世這對 皇家夫婦的孩子。

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希臘化時代的政治具有令人難以置信的國際性，各個國王

米特裏一世。公元前150 年，亞曆山大一世打敗了德米特裏

和他們的對手都得到了羅馬人或其他希臘王國統治者的支

一世，並奪得塞琉古帝國王位。

持。有時，這會引發內戰和國際戰爭。

同年，亞曆山大一世與他的支持者之一⸺ 埃及國王托勒

圖5的四德拉克馬銀幣描繪了希臘國王亞曆山大一世，或稱

密六世（公元前180- 前145年）的長女克婁巴特拉 · 特亞結

亞曆山大 · 巴拉斯（公元前152- 前145年）和他的妻子克婁

婚，希望鞏固鄰國之間的團結。因此，出現圖6了這種代表

巴特拉 · 特亞皇后（Cleopatra Thea）。亞曆山大一世是安

著慶祝寓意的古錢幣。然而，這一充滿希望的行動並沒有

條克四世的兒子，在外國勢力的支持下，對抗塞琉古國王德

持續太久，因為亞曆山大一世非常的無能，五年後他的岳

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父轉而支持另一位候選人角逐塞琉古王朝的王位。

如前所述，克婁巴特拉 · 特亞嫁給了亞曆山大一世。她很幸

運地在亞曆山大一世倒臺後倖存下來，並嫁給了後來成為

接下來圖7、圖8兩枚的人物還是關於塞琉古王國的通婚和

塞琉古國王的兩個男人。其中一個，德米特裏厄斯二世（公

王室陰謀。這兩枚古錢幣分別是一枚四德拉克馬銀幣和一

元 前146/5- 前138年 和 公 元 前129- 前125年）， 在 她 的 四

枚 21毫米的銅質古錢幣，描繪了克婁巴特拉 · 特亞和她的四

個皇室後代中，有兩個孩子的父親是他，其中一個孩子就

個兒子之一，塞琉西國王⸺ 安條克八世。

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他在公元前125年至前121年期間與母親共同統治。

圖毒死安條克八世，但他感覺到了危險並反戈一擊⸺ 迫 使他母親喝下她給他的毒酒。他的母親因此而死，他則在

安條克八世的母親克婁巴特拉 · 特亞謀殺了塞琉古五世。這

公元前121年至前96年繼續統治。

是短暫的共同統治的糟糕開端，最後克婁巴特拉 · 特亞試

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圖9這枚四德拉克馬銀幣描繪出安條克十一世與古希臘塞

雖然如此，但共同的統治並沒有持續很久，因為安條克十一

94-93年短暫的共同統治期間的情景，為塞琉古王朝的謀殺

條克十世（約公元前94- 前88年）摧毀後，在穿越奧倫特河

琉古帝國腓力一世並排的半身像。描繪出他們在約公元前

世顯然是在他的軍隊被他的表兄弟、競爭對手塞琉古國王安

陰謀提供了進一步的證據。這些兄弟在他們的長兄塞琉古六

時淹死了。腓力一世比較幸運，因為他至少繼續統治到公元

世（公元前96- 前94年）在一次叛亂中被殺後聯合起來。

前83年，甚至可能統治到公元前75年。

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現在，讓我們將視線從古希臘塞琉古帝國，進一步向東移動

圖11這枚四德拉克馬銀幣中展示出的人物也是同樣來自這個

克特裏亞王國國王歐克拉提德一世（約公元前170- 前145年）

一個標準發行的錢幣，上面的肖像是希臘裔國王赫爾邁歐斯

到巴克特裏亞，其中四德拉克馬銀幣（圖10）是由希臘 - 巴

東邊的國度。這不是一個為紀念家族譜而發行的錢幣，而是

為紀念（可能是）他父母的已故的亥俄克勒斯 (Heliocles) 和

，據信他們大約在公元前105和王后卡利俄珀（Calliope）

勞迪絲（Laodice）而發行的。

前90年在位。在巴克特裏亞和印度 - 希臘王國歷史上，人們

在這枚錢幣中，歐克拉提德一世父母的肖像是並排展示的，

充或糾正其他類型文獻證據的主要來源。

對這個時代的統治者知之甚少，在這些歷史上，古錢幣是補

歐克拉提德一世則是戴著一頂寬邊的皮奧夏頭盔。有人推測 他的父親亥俄克勒斯從未當過國王，而他的母親勞迪絲可能 是塞琉古帝國的皇室成員，因為她頭戴象徵皇家的頭帶。

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另一個東部王朝是埃利邁斯，位於今天的伊拉克東南部和伊

前82年“重新建立”了埃利邁斯，使之成為一個獨立的王國，

朗西南部。圖12展示的是公元前81/80年的四德拉克馬銀幣。

在此之前，該地區似乎已經被篡奪者和鄰近勢力破壞了大約

銀幣上描繪的是卡姆納斯基爾斯三世和安紮茲，他們在公元

50年。他們似乎已經統治了大約10年。

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我們最後兩枚擁有“並排的肖像”的古錢幣，來自納巴泰王國，

一世，他們大約在公元前30年至9年在位。這枚特殊的古錢

流向地中海的市場，從而變得富裕起來。圖13上面的四德拉

們統治的第16年，相當於公元前15或14年。

該王國通過控制穿越阿拉伯沙漠的貿易路線，使東方的貨物 克馬銀幣顯示的是奧博達斯二世（或三世）和他妻子哈格魯

幣，由佩特拉鑄幣廠鑄造，印有他們並排的頭像，發行於他

12 14

我們介紹的最後一枚，即上面圖14這枚17毫米的銅錢幣，是

國王統治下的納巴泰王朝鼎盛時期發佈的。羅馬帝國興起後，

。儘管這枚錢 他的妻子莎琪拉特（約公元前9/8- 公元40年）

國組建為一個新的行省，即阿拉伯行省。

在佩特拉地區鑄造的，描繪的是納巴泰國王阿雷塔斯四世和

圓滑的納巴泰人選擇與羅馬人結盟。後來，羅馬將納巴泰王

幣在古代市場上的價值微不足道，但它是在這位充滿活力的

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The numismatic Year 2022 ◎ Oliver Strahl〔EUR〕

World Money Fair Berlin 2022 & Coin Fairs The year 2021, marked by the Corona pandemic, has passed

organizer of the World Money Fair was now forced to cancel the

quickly for us. In the summer, everything still seemed as if the

fair altogether. Instead, the World Money Fair `22 will be held

pandemic was over. We were already looking forward to the

again in February as a digital edition - the "Second #Digital Fair".

return of coin fairs. However, rising infection rates prevented this from happening. In the autumn and winter months, small

As in the previous year, the digital fair will be more focused on

fairs were canceled despite a 2G (vaccination or convalescence)

commercial customers, who will be able to arrange meetings via

regulation. There was still hope for the World Money Fair 2022

virtual conference rooms. The Media Forum is also presented

to take place. There was a well thought-out concept, more and

as a video file like the official opening ceremony. For the

more dealers and exhibitors registered delayed and the official

collector himself there are a few linked pages of the exhibitors.

homepage headlined "Fair at last!". The presentation ceremony

These websites contain information about the exhibitor, such

for the Coin of the Year Award was also announced for Berlin

as his company history and intended new releases. There are

shortly before the cancellation.

no offers from coin dealers who, for example, have illustrated their assortment of thalers. The exhibitors are limited to

A new construction site is located near the venue of the World

manufacturers, distributors and minting issuing countries. In

Money Fair. The Estrel Tower, with a height of 176 meters

addition, there is a large competition on the main page, where

and 525 new hotel rooms will be the tallest hotel building in

with a lot of luck, various coins can be won.

Germany by the time construction ends in 2024.

The sharp rise in the number of infections in Europe in recent weeks due to the Omicron variant and the resulting stricter travel regulations have led to a number of exhibitors canceling their booths at the World Money Fair in a very short time. The

World Money Fair Coin Releases The interested numismatist does not

purchased on any platform, as all pieces are firmly in collector's

go empty-handed beside the many

hands. The last Show-Panda-Medal sold achieved a market price

newly gained information, he can

of over $225 - due to the greatly reduced circulation, the value

order something directly as a private

has almost tripled since the time of its acquisition a year ago.

collector. At the first digital World Money Fair 2021, the enthusiastic

At the launch of the digital Trade Fair, there is therefore no need

collector could buy two fair issues.

to hesitate. Instead, hurry up and secure the latest coin releases of

The 1 Oz silver coin for the World

the World Money Fair 2022!

Money Fair of the colorful Australian Kookaburra, which had a small mintage of only 1,500 pieces, is already fetching prices of up to $170. Even more sought after and rare, with a mintage of 200 pieces, was the Official World Money Fair 2021 Berlin Show Panda, with a weight of 1 Oz silver. The Show-Panda-Medal was completely sold out within a few hours and can now no longer be

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China Coins The Chinese coin market

circulation comes on the market, a real bidding war shows up

has not come to a standstill

here. At domestic online auctions, numismatic rarities from China

despite the pandemic. On

are becoming rarer and they are harder to get. Many offered

the contrary, Chinese Panda

coins are consistently sold to China. In Chinese Coins, both

Coins are more coveted

Imperial Dollars, Circulation Coins, and Modern Coin Issues in

today than ever before.

Precious Metals are strongly appreciating in value. For the 40th

At auctions, these coins

Anniversary 1982-2022, there will be a new platinum edition

achieve new high prices

of the Panda coin. This is firstly a 30 gram version (1000 Yuan,

and disappear forever in

Mintage of 10,000) and secondly a 1 gram version (30 Yuan,

the so-called Master-Sets.

Mintage of 100,000). The small mintage and the future increasing

For the 40th Anniversary of the Gold Panda Coin, these sets

demand for platinum, due to renewable energies, should make

consisting of all issued years and sizes are a real prestige object in

this coin issue extremely interesting as an investment for the

China. When rarely a Gold Panda of the earlier years with a small

future.

Numismatic Guaranty Corporation - NGC Grading Germany offer the certified coins. The underlying guarantee of authenticity, an exactly determinable market value depending on the state of preservation, international acceptance, the gentle conservation

by NCS of tarnished coins, for example, and the low costs used for this simply outweigh the critical opinion significantly. NGC's

The Grading in Germany has arrived after many critical voices.

team and services in Germany are constantly expanding due

When NGC opened its headquarters in Germany, hardly anyone

to the increasing number of members and the great successes

asked for grading and only a few numismatists submitted their

already achieved. The arrived acceptance is to be attributed

coins. Many dealers were extremely critical of grading and

above all to the friendly and expert consultation by the team.

debated the meaning. By now, the professional grading of high-

NGC's success can be confirmed by the ever-growing Facebook

value coins and medals has become indispensable. Almost every

community "NGC Grading & China Münzen #UniqueCoins".

auction house and the majority of dealers know NGC or even

Official World Money Fair Berlin 2022 Show-Panda-Medal The Official World Money Fair Berlin Show-Panda-Medal

this new release will be sold out even faster. Here it is simply to

2022 is a new artistic and technical masterpiece. The renowned

access to secure the coveted collector's item to the digital World

designer Yu Min has once again demonstrated his expert skills

Money Fair 2022. The first issue of 2016 still had a circulation

here. The First Minting Ceremony took place on November 11,

of 2,000 pieces and can be acquired like the subsequent issues

2021 at the Shanghai New Century Mint.

until 2020 at a slightly lower price. Beginning in 2021, the circulation was drastically reduced to only 200 pieces of the 1 Oz silver variant. This small circulation is now faced by many more

The new release will be listed in the Kuenker online store from

collectors and this is causing a new rush, as was the case back

the end of January.

then for the coveted Munich Show-Panda-Medals.

Due to the fast record sellout last year and the currently very high

The Show-Panda-Medal for the World Money Fair Berlin 2022

market value of the rarest series issue to date, which is from 2021,

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will be available again with 1 Oz and with 8 Grams fine silver.

also used as a 30 gram variant for the

The circulation was not increased despite the enormous demand

1000 Yuan 2022 coin. The circulation

and remains stable (1 Oz - 200 pieces, 8 Gram - 300 pieces).

of 50 mathematically symbolizes

The two Show-Panda-Medals are motif identical, the difference

the Anniversary World Money Fair,

is evident by the smaller size. In Germany, only 100 pieces of

which has not yet taken place, without

each of the two issues are available, the remaining mintage is

counting the two digital events here.

offered abroad for a significantly higher price. The issue price at Kuenker (89 Euro - 1 Oz / 39 Euro - 8 Gram) follows on from the previous year. As with the last World Money Fair Show-PandaMedals, there are also here, with the same design, traditionally strictly limited sample minting’s of each type with five pieces and this time even a 1 Oz platinum release. The Show-Panda platinum medal with a mintage of only 50 pieces is perfectly suited to complement a set of three with the two official platinum coins. The platinum blank used was an original round from Great Wall Precious Metals Co, Ltd. in Chengdu, which was

The Obverse Medal, the 2022 issue refers directly in the circumscription to the two panda twins Meng Xian and Meng Yuan born at the Berlin Zoo. The two twins were born on August 31, 2019 and are the first ever panda offspring in Germany. The two twins are nicknamed Pit and Paule. Due to the mention of the panda twins, the Show-Panda-Medal is a welcome reminder for every panda fan and visitor to the zoo, moreover, of course, a part of our history.

The two playful twins are currently climbing around on their rock in the Panda Garden enclosure - they are extremely active and explore their environment. One of the pandas straightens up and holds on to the wall of the enclosure, watching the many zoo visitors through the massive glass pane with curious eyes. These usually rush first in the direction of the Panda Garden and of course want to see the cute Asian panda bears.

In the background is the red luminous visitor pavilion,

2022 World Money Fair Berlin Panda Twins Birth Commemorative Platinum & Gold Gilted Brass Medal

which is based on the historic Chinese pavilion from 1898.

From here, the first views into the pandas' outdoor enclosure are possible. The Panda Garden was designed by architect Kieran Stanley and built in 2016.On the left side in a shaded

The circumscription reads "Berlin Panda Twins Birth

representation is the favorite food of pandas, in one day they

Commemorative" and is simultaneously in Chinese

like to eat sometimes up to 65 lbs. of bamboo. In the lower

characters at the bottom of the Show-Panda-Medal again. For

part of the Show-Panda-Medal is a stylized panda. The tiny

the first time since the minting of the Berlin Show-Panda-

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The Reverse The circumscription on the reverse reads "World Money

his father at an early age and was known at the time for his

Fair Berlin" and is repeated in Chinese characters on the

extensive building activities after ascending the throne. These

upper edge. The release date 2022 is located in the central

included the completion of the Tower of Babel, the Hanging

part of the medal with the officially licensed logo of the

Gardens of Semiramis at Babylon for his wife Amyitis,

World Money Fair. The main element depicts a magnificent

and the expansion of the city of Babylon itself. Besides his

monument, the Ishtar Gate of Persepolis. On the Show-

annual campaigns against rebellious crisis regions, he also

Panda-Medal, the gate is embedded as an inlay consisting of

plundered the temple treasure of Jerusalem. Nebuchadnezzar

fine Chinese blue porcelain.

II had no military threats to fear due to his existing power, even the Egyptians were inferior to him. The poorer class of

The Ishtar Gate was one of the city gates of Babylon and

the population, on the other hand, received land grants from

was built during the reign of Nebuchadnezzar II in the years

him. A cruel myth still runs around Nebuchadnezzar II, he

605-562 BC. Behind the gate was the great processional

had a golden statue erected and every official had to worship

route. The Ishtar Gate with the walls of Babylon, which had

this kneeling. Those who refused to do so ended up alive in

a total circumference of 11 miles, was the second oldest of

the burning brick-oven. The agonized souls of those burned

the Seven Wonders of the Ancient World. There were five

will still watch over the Ishtar Gate today.

city gates, and here the Ishtar Gate was the most magnificent.

Babylon was the capital of Babylonia at that time and was located on the Euphrates River, which is central Iraq today.

The Ishtar Gate was adorned with intensely colored blue enameled bricks. The walls with the blue glazed mud bricks were decorated with enormous bronze bulls, lions, dragons and snake-like mixed creatures, all of which were symbols of the main deities of Babylonia.

The first parts of the gate were discovered in 1851. In

2022 World Money Fair Berlin Panda Tw ins Bir t h Commemorative Platinum & Gold Gilted Brass Medal

1899, after the realization of the historical significance, the complete excavation of the Babylonian capital began. The approximately 20,000 discovered glazed bricks, which were broken into a good 200,000 fragments, were transported to Berlin in 799 boxes by 1927, restored here and sorted in painstaking work. Basically, the bricks were left in their found condition and only in the case of severe damage were they supplemented with colored plaster.

The reconstruction of the Ishtar Gate can be admired since 1930 in the Museum of the Ancient Near East - which is located in the Pergamon Museum in Berlin. This reproduced gate with the original bricks was reconstructed only in a scaled-down version, as the actual dimensions of the gate would have far exceeded the available space in the museum's light hall.

The bust shown is of Nebuchadnezzar II, who ruled as a New Babylonian king from 605 to 562 BC and is often mentioned in the Bible. He took over the command of the army from

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Metal Platinum

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Fineness Fine Weight Diameter .999

Platinum

.999

Gold

.999

Gold

1Oz

Mintage

Details

2mm

50

Proof

40mm

15

1Oz

32mm

50Gram

40mm

5

Proof, Sample

5

Proof, Sample

.999

50Gram

Silver

.999

50Gram

40mm

250

Silver

.999

1Oz

40mm

200

32mm

50

32mm

300

40mm

300

Silver

Silver

.999

40mm

1Oz

40mm

.999

16Gram

32mm

Silver

.999

8Gram

Brass

n/a

n/a

Silver

Silver

Silver Brass

.999

50Gram

.999

.999 n/a

16Gram 8Gram

32mm

n/a

40mm

Proof

Proof, Piedfort

5

Proof, Piedfort, Sample

5

Proof, Sample

Proof

Proof, Piedfort

5

Proof, Piedfort, Sample

5

Proof, Sample

5

Proof, Gilt, Sample

Proof

Proof, Gilt

About The Author Oliver Strahl – European Correspondent for the Journal of East Asian Numismatics Founder of the Community for Numismatists of Chinese Coins and Grading (http://www. uniquecoins.de)

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錢幣界的2022年 ◎ 奧利弗·斯特拉爾〔歐洲〕

2022 年柏林世界錢展覽會 & 錢幣活動 展會。取而代之的是，2022 世界錢幣展覽會將在 2 月以數

2021 年轉瞬飛逝，新冠大流行仍在繼續。夏天的時候，一

切似乎都已經過去，我們在期待著錢幣展覽會的回歸。然而，

字展覽會的形式再次舉辦，即“第二屆數字錢幣展覽會”。

幾個月裏，有了接種疫苗的規定，一些小型活動仍被取消，

與往年一樣，數字展覽會將更多地關注商業客戶的需求，他

越來越多的經銷商和參展商進行了延期登記，官方網站主

一樣以視頻檔的形式呈現。對於收藏者來說，會有一些參展

不斷上升的新冠感染率使之成為了泡影。在秋季和冬季的

們可以通過虛擬會議室安排會議。媒體論壇也像官方開幕式

但 2022 年的世界錢幣展仍有希望舉行。然而深思熟慮之後，

者的鏈接頁面。這些網站包含了關於參展商的資訊，如他的

頁公佈頭條⸺ “展覽會終於來了”。此外，世界硬幣大

公司歷史和打算發佈的新產品。參展商僅限於製造商、經銷

獎賽年度硬幣大獎的頒獎儀式前不久宣佈在柏林，但最終

商和鑄幣發行國。此外，在主頁上有一個大型競賽活動，只

也被取消。

要運氣好，就可以贏得各種錢幣。

世界錢幣展覽會的會場附近新建了埃斯特雷爾塔樓，高 176

米，有 525 個房間，到 2024 年施工結束時將成為德國最

高的酒店建築。

最近幾周，由於新冠病毒的變異體⸺ 奧密克戎在歐洲的 感染人數急劇上升，以及由此產生的更嚴格的旅行規定，

導致一些參展商在很短的時間裏取消了在世界錢幣展覽會 上的展位。現在，世界錢幣展覽會的組織者被迫取消了該

世界錢幣展览会錢币的發行 對錢幣感興趣的收藏者可以獲

就完全售罄，現在已經不可能在任何平臺上購買，因為這

歸，比如可以直接訂購一些錢

市價超過 225 美元的市場價格。由於流通量大大減少，自

得很多新資訊，而不會空手而

批紀念章都被收藏者牢牢握在手中。最後一枚熊貓紀念章

幣。首屆數字 2021 年世界錢

一年前有人開始收購時起，其價格幾乎增加了兩倍。

幣展覽會沒有讓熱情的收藏家

失 望。2021 年 世 界 錢 幣 展 覽

因此，在此次數字錢幣

翠鳥銀幣色彩斑斕，發行量很

沒有必要再猶豫不決

展覽會的啟動儀式上，

會上發售的澳大利亞 1 盎司笑

小，只有 1 500 枚，價格卻已經高達 170 美元。更為搶手

了。相反，請抓緊時間，

確保自己不會錯過購買 2022 年世界錢幣展覽會上最新面世

和罕見的是 2021 年柏林世界錢幣展熊貓紀念章，發行量為

200 枚，重量為 1 盎司銀。這個熊貓紀念章在幾個小時內

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中國錢幣 儘管出現了疫情，

場上很少有早期發行量較少的金質熊貓紀念章出現，而其

場並沒有陷入停

來自中國的錢幣珍品越來越少，也越來越難得到。在中國

一旦出現，便會產生激烈的競價。在德國的線上拍賣會上，

但是中國錢幣市

錢幣中，無論是清代錢幣、民國流通幣，還是現代貴金屬幣，

滯 狀 態。 相 反，

都在大幅度升值。為紀念中國熊貓幣發行 40 周年（1982-

2022 年版的中國

熊貓幣比以往任

2022 年），將會出現一枚新的鉑金版的熊貓幣。首先是 30

垂 涎。 在 拍 賣 會

版本 ( 面值 30 元，鑄幣量 10 萬枚 )。

克的版本 ( 面值 1 000 元，鑄幣量 1 萬枚 )，其次是 1 克的

何時候都更令人 上， 這 些 錢 幣 拍

少量的發行量和未來由於可再生能源對鉑金需求的增加，

出 了 新 的 高 價。

使這枚幣作為未來的投資變得非常有趣。

為了紀念熊貓紀念金幣發行 40 周年，推出了一套由所有發 行年份和規格組成的套裝，這是一套真正的精品。現在市

硬幣認證公司——NGC 評級（德國） 經成為不可或缺的了。幾乎每個拍賣行和大多數經銷商都 知道 NGC。該公司為客戶提供認證過的錢幣。真實性的基

本保證、根據保存狀況可準確確定幣的市場價值、國際上

對所要認證的幣的接受度、錢幣養護機構 NCS 對有污點的 錢幣進行溫和的保護，以及客戶用於此方面的低廉成本，

都大大超過了批評意見對該公司造成的影響。由於成員數

在一片爭議聲中，德國市場終於開始接受評級。當 NGC

在德國開設辦公室時，幾乎沒有人要他們對自己持有的錢

量的增加和已經取得的巨大成功，NGC 在德國的團隊和業

幣進行評級，只有少數錢幣藏家把自己持有的錢幣送到這

務正在不斷擴大。人們對其的認可首先要歸功於該團隊的 友好以及提供的專業諮詢。NGC 的成功可以從其臉書社區

家公司評級。許多經銷商對評級極為挑剔，並對其意義進

不斷增長的人數中得到證實。

行辯論。到目前為止，高價值錢幣和紀念章的專業評級已

2022 年柏林世界錢幣展覽會——熊貓紀念章 2022 年柏林世界錢幣展覽會熊貓紀念章是最新的熊貓紀念

德國昆克拍賣公司將於 1 月底線上舉行首發儀式。

已經於 2021 年 11 月 11 日在上海新世紀紀念幣製造有限

由於 2021 年的紀念章快速售罄，以及迄今為止最罕見的發

章。著名設計師余敏再次展示了他的專業實力。首打儀式

行系列之一，目前具有非常高的市場價值，這個新版本想

公司舉行。

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必將更快地售罄。在這裏，只需進入到 2022 年的數字世

紀念章的圖案相同，差異明顯的是其中一枚尺寸較小。在

物品，並有機會將其收入囊中。2016 年柏林展會熊貓紀念

在國外以明顯的高價出售。昆克公司的發行價格（89 歐元 -1

德國，這兩枚紀念章的數量各只有 100 枚，剩餘的紀念章

界錢幣展覽會上，就可以看到令人垂涎的收藏家所收藏的

章發行了 2 000 枚，現在仍可以以稍低的價格獲得。但從

盎司 /39 歐元 -8 克）與前一年持平。與上屆世界錢幣展覽

這一紀念章發行量如此之小，而進入市場的藏家越來越多，

格限制的每種類型的樣品鑄幣都有 5 枚，這次甚至有 1 盎

2021 年開始，發行量急劇減少，只有 200 枚 1 盎司銀幣。

會上的熊貓紀念章一樣，這裏也有同樣的設計，傳統上嚴

司的鉑金髮行。熊貓鉑金紀念章的發行量只有 50 枚，完全

於是引起了新的搶購潮，就像當年想要獲得夢寐以求的慕

可以與兩枚官方鉑金紀念章組成的三件套相得益彰。所用

尼克展銷會的熊貓紀念章那樣。

的鉑金坯餅是來自成都的中鈔長城貴金屬有限公司的原始

2022 年柏林世界錢幣展覽會將再次提供 1 盎司和 8 克的精

圓坯餅，它也被用作 2022 年 1 000 元紀念幣的 30 克變體。

50 這個數字象徵着第 50 屆世界錢幣展覽會。

製銀熊貓紀念章。儘管需求巨大，但發行量並沒有增加，

仍然保持穩定（1 盎司 -200 枚，8 克 -300 枚）。這兩枚

正 面 周邊圖案為英文“柏林熊貓雙胞胎出生紀念”，並同時

在熊貓紀念章的底部用漢字書寫。自柏林熊貓紀念章鑄

造以來，2022 年發行的熊貓紀念章首次直接提到了在

柏林動物園出生的兩只熊貓雙胞胎“夢想”和“夢圓”。 這對雙胞胎於 2019 年 8 月 31 日出生，是德國有史以 來第一對熊貓的後代。由於提到了熊貓雙胞胎，對於每

一個熊貓迷和動物園的遊客來說，熊貓紀念章都是很好 的紀念品，當然，這也是我們歷史的一部分。

章上的這對俏皮的雙胞胎熊貓正在熊貓園圍欄裏的岩石 上爬來爬去，顯得非常活躍，似乎是在探索它們所處的

環境。其中一只熊貓直起身子，扶着圍欄的牆，用好奇

的目光透過巨大的玻璃窗看着眾多動物園裏的遊客。遊 客們入園後，通常首先沖向熊貓園的方向，當然是想看 看可愛的亞洲熊貓啦。

正面的背景是紅色的熊貓館，它是根據 1898 年曆史上

的中國館設計的。從這裏可以第一次看到大熊貓的室外 圍欄。熊貓園由建築師基蘭·斯坦利 (Kieran Stanley) 設

計，於 2016 年建成。左邊的陰影代表的是大熊貓最喜

歡的食物，一天中，它們吃的竹子有時多達 65 磅。在

2022 年世界錢幣展覽會柏林雙胞胎 熊貓出生紀念鉑金 / 銅鍍金章

紀念章的下方是一只獨具風格的熊貓。這只坐著的小熊 貓仿佛是在向紀念章的觀看者微笑。

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背 面 背面題刻“柏林世界錢幣展覽會”，並在上邊緣用漢字

甚至埃及人都不如他。而人口中的貧困階層則從他那裏

中央部分，有世界錢幣博覽會的官方授權標誌。主要元

殘酷的神話，他立了一個金像，每個官員都要跪拜這個

重複了一遍這一銘文。發行日期 2022 年位於紀念章的

得到了土地補助。在尼布甲尼撒二世身邊還流傳着一個

素描繪了一個宏偉的紀念碑、伊什塔爾門。紀念章上的

金像。拒絕這樣做的人最終被活活燒死在燃燒的磚窯裏。

大門為精美的中國琺瑯。

那些被焚燒的痛苦的靈魂今天仍將守護伊什塔爾城門。

伊什塔爾門是巴比倫的城門之一，建於公元前 605- 前

562 年尼布甲尼撒二世的統治時期。門後是遊行路線。

伊什塔爾門所在的這段城牆，總周長為 11 英里，是“古

代世界七大奇跡”中第二古老的奇跡。當時有五個城門， 這裏的伊什塔爾門是最宏偉的。巴比倫是當時巴比倫尼

亞的首都，位於幼發拉底河，也就是今天的伊拉克中部。 伊什塔爾門用色彩強烈的藍色琺瑯磚裝飾。帶有藍色釉

面泥磚的牆壁上裝飾着巨大的青銅公牛、獅子、龍和蛇

2022 年世界錢幣展覽會柏林雙胞胎 熊貓出生紀念鉑金 / 銅鍍金章

形混合生物，所有這些都是巴比倫主要神靈的象徵。

該門的最初部分是在 1851 年發現的。1899 年，在意 識到其歷史意義後，開始對巴比倫首都進行全面挖掘。

約 2 萬塊被發現的釉面磚，被打成了 20 萬塊碎片，到

1927 年被裝在 799 個箱子裏運到了柏林，在這裏進行了

修復，並經過了艱苦的整理。基本上，這些磚都是原封 不動的，只有在嚴重損壞的情況下才會用彩色灰泥修補。 自 1930 年以來，人們可以在位於柏林佩加蒙博物館的

古代近東博物館中欣賞到伊什塔爾門的重建。這座用原 磚重建的大門只是按比例縮小的版本，因為大門的實際 尺寸會遠遠超過博物館照明展廳的可用空間。

所展示的半身像是尼布甲尼撒二世，他在公元前 605 年

到公元前 562 年統治着新巴比倫王國，在聖經中經常

被提及。他在很小的時候就從他父親手中接過了軍隊的 指揮權，並在當時以登基後進行了大量的建設活動而聞

名。這些成就包括巴別塔的建成，為他的王后在巴比倫 建造空中花園，以及巴比倫城本身的擴建。除了每年對

叛亂地區發動戰爭外，他還掠奪了耶路撒冷的聖殿寶藏。 尼布甲尼撒二世由於現有的權力，沒有任何軍事威脅，

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材質

純度

重量

直徑

鑄造量

詳情

鉑金

.999

1 盎司

2 毫米

50

樣幣

.999

50 克

40 毫米

15

樣幣

鉑金 金 金 銀 銀 銀 銀 銀 銀 銀 銀 銅 銅

.999

.999

1 盎司

32 毫米

50 克

40 毫米

樣幣

5

5

樣幣

.999

50 克

40 毫米

250

樣幣 ，厚坯

.999

1 盎司

40 毫米

200

樣幣

16 克

32 毫米

50

樣幣 ，厚坯

8克

32 毫米

300

樣幣

40 毫米

300

.999

50 克

.999

1 盎司

.999

16 克

.999

.999

40 毫米

40 毫米

32 毫米

.999

8克

32 毫米

n/a

n/a

40 毫米

n/a

n/a

5

樣幣 ，厚坯

5

樣幣

5

樣幣 ，厚坯

5

樣幣

5

樣幣 ， 鎏金幣 樣幣，鎏金幣

作者簡介： 奧利弗 - 斯特拉爾（Oliver Strahl）：

《東亞泉志》歐洲通訊作者

中 國 錢 幣 和 評 級 協 會 創 始 人 (http://www.

uniquecoins.de)

商業管理專業碩士

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VIỆT NAM ( 越南 ) REBEL PHAN BỘI CHÂU ( 潘 佩珠 ) PAPER MONEY ◎ Howard A. Daniel〔USA〕

In January 2021, I was contacted by William L.S. Barrett

to myself until after Kelvin purchased the album. Shortly

about three pieces of paper money with Việt Nam on them in

thereafter I received an email from Kelvin that he bought

an old Hong Kong Printing Press, Ltd. sample catalog which

the album! The three notes were unknown to exist but they

was not yet purchased by Kelvin Cheung, the manager of the

are mentioned in some of my personal library’s Vietnamese

Spink branch auction house in Hong Kong. Kelvin needed

and English language history books about Phan Bội Châu,

to know some information and possible values of the three

an anti-French Vietnamese rebel.

pieces.

The information was piecemeal in each book and sometimes I was to also keep their existence and our correspondence

contradicted other books but I put something together for Kelvin. Then I started contacting those fellow researchers I knew who could have more information in their libraries until I had about a dozen of them researching with me. Their books also had piecemeal information and contradicted other books!

I went to my Vietnamese history books which did not mention Châu in detail but had the correct dates for events which were different than some books about him. My research ended with me learning Châu was a very controversial figure, especially depending on the authors’political views and many authors changed the facts about his life and activities to suit themselves.

Hong Kong Printing Press, Ltd. sample catalog Courtesy of Spink & Son (Hong Kong) 122

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Courtesy of Spink & Son (Hong Kong) 5 Nguyên (Piastres) 1913, D-VR1

Courtesy of Spink & Son (Hong Kong) 500 Nguyên (Piastres) 1913, D-VR2

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next person to contact me. Kelvin had sent the three notes to PMG and Kelly was told I was the person to contact about them. I had been working on the draft pages about these notes for two of my future catalogs. I sent those pages to her and we exchanged several emails.

I sent an error to Kelly when I thought the Nguyên was for Nguyễn Dynasty cash-style coins but it is old Vietnamese for

Piastre or Dollar. I had missed the difference in the “e” diacritical marks! Kelly used Đồng, which is the modern

word for Piastre or Dollar, so she was much more correct than me, but was the Đồng on the VR1 piece meant for copper coins equaling 5 Piastres?

This sample paper money was printed on unwatermarked off-white paper by the Hong Kong Printing Press, Ltd. in the British Colony of Hong Kong and has no signatures. They are overstamped in blue ink with Hong Kong Printing Press.

Each piece also has the printer’s ID for the note printed in red on the bottom right corner; B1/131 (VR1), B1/132 (VR2) or B1/129 (VR3).

The face of each piece of paper money has the gate leading to Emperor Minh Mang’s tomb. Việt-Nam is in the frame top with 1, 5 (VR1), 10, 20, 50, 100, 200, 500 (VR2) or 1000 (VR3) left and right and bottom right corner. Cứu Quấc

1000 Nguyên (Piastres) 1913 D-VR3 Black on Light Orange

Ngân Khoán is National Salvation Silver across top center.

Underprint with 1000/Black on 120.0 x 69.0 paper.

Năm Đồng Nguyên (Image 1), Năm Trăm Nguyên (Image 2), or Một Ngân Nguyên (Image 3) across center.

The 5 Đồng Nguyên (Piastres) in PMG-30 (Very Fine) sold for about US$19,500. The 500 Nguyên (Piastres) in PMG-

1913 is at right center of each paper money piece. Quang

62 Uncirculated whi ch should be a lower grade sold for

Phục-Quân Quân-Chánh Phủ Tổng Đại Biểu is for

US$16,500; and the 1000 Nguyên (Piastres) in PMG-35 Very

Reformation Army Administrative Assistant Representative

Fine which should also be a lower grade sold for US$18,000.

at the bottom right. The back has an oval area surrounded

They are spectacular and important pieces of Vietnamese

by elaborate designs with old-style bridge with five people

history!

walking across it. They would be signed like the French notes at their time of issue.

Overgrading the two highest denominations really does not matter for their values because each note is unique. All

5 Đồng Nguyên (Piastres) 1913 D-VR1 Green on Salmon

three pieces are unlisted anywhere in a numismatic catalog.

Underprint with 5/Green (on 123.0 x 70.0 paper.

The catalog identification numbers D-VR1, VR2 and VR3 are for the future editions of my Empire of Viet Nam Coins

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500 Nguyên (Piastres) 1913 D-VR2 Brown on Pale Green

& Currency and Republic of Viet Nam Coins & Currency

Underprint with 500/Brown on 123.0 x 73.0 paper.

catalogs.

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潘佩珠 起義軍 發行的紙幣 ◎ 霍華德·丹尼爾〔美國〕

2021 年 1 月，威廉 · 巴雷特（William L.S. Barrett）聯繫

矛盾，但我把這些信息都整理出來並分享給了給張庭煒先生，

司的舊樣本目錄中，當時香港斯賓克拍賣行分行經理張庭煒

息，最後我們的研究團隊達到了12人。他們的書中也有零碎

了我。因為三張印有越南字樣的紙幣出現在香港印刷有限公

後來我也聯繫了我熟識的一些研究人員以獲取更多相關信 的信息，其中的部分內容也是相悖的。

並未購買這三張紙幣，原因是張先生還未搞清楚這三張紙幣 的相關信息和其價值。

我查閱了我個人所收藏的越南歷史書，其中並未詳細記錄潘

佩珠。但與其他人所收藏的書籍不同的是，我發現了一些記

在張庭煒購買該目錄之

錄某些事件的準確日期。在研究過程中我瞭解到潘佩珠是一

前，我都有和他們一直

個非常有爭議的人物，尤其是從作者的政治觀點來看，許多

保持聯繫。不久後，我

作者都根據自己的寫作需求更改了有關潘佩珠的相關信息。

就收到了張先生的一封 電子郵件，郵件中提到

緊接着 PMG（Paper Money Guaranty，專業紙幣評級公司）

他購買了這本目錄。這 三 張 紙 幣 是 否存 在 仍

的凱利 · 奧康納（目錄）聯繫了我。 張庭煒將這三張紙幣寄

人圖書館中的一些越南

直都在為我之後將要出版的兩本目錄裏的這些紙幣編寫初

相關記錄，潘佩珠是越

送給她。

給了 PMG，並告知凱利我是紙幣部門的聯繫負責人。我一

是未解之謎，但在我個

香港印刷有限公司的舊樣本目錄 由斯賓克拍賣行（ 香港 ） 提供

稿。我們通過郵件聯繫了幾次，我將目錄中的這些頁面也發

語和英語歷史書籍中有 南反法運動的領袖。

“阮” ）是阮朝的 我給凱利發的郵件中提到我認為 Nguyên（ 方孔幣，這個說法是不准確的，Nguyên 在古越文中指貨

每本書中的信息都是零散的，其中的有些信息與其他書籍相

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由斯賓克拍賣行（香港）提供 5 越南盾， 1913 年，編號 D-VR1

由斯賓克拍賣行（香港）提供 500 越南盾 ，1913 年， 編號 D-VR2

由 斯賓克拍賣行（香港）提供 1000 越南盾，1913 年， 編號 D-VR3

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幣單位“Piastre” （披亞士特）或“Dollar” （元） 。我忽略了

” ，這是現在 “e”變音符號的區別！ 凱利使用了“Đồng（盾） “Piastre”或“Dollar（美元） ”在越南文中的說法，所以她

的用詞比我更準確，但是 VR1 硬幣上的 Đồng（盾）是相當 於 5 比索的銅幣嗎？

此樣本紙幣由香港英屬殖民地的香港印刷廠製作，紙幣有藍

色墨水蓋印“香港印刷廠”字樣，無簽名。每張紙幣的右下

角印有紅色蓋印生產批號 ：B1/131 (VR1)、B1/132 (VR2) 或 B1/129 (VR3)。

每張紙幣的正面圖案都有通向明命皇帝墓的大門。 “Việt-

Nam”（越南）字樣位於框架頂部，面額1越南盾、5越南盾

、10越 南 盾、50越 南 盾、100越 南 盾、200越 南 （D-VR1） 盾、500越南盾（D-VR 2）或1000越南盾（D-VR 3）字樣

分佈於紙幣的左右或右下角。意味國庫的字樣“Cứu Quấc

Ngân Khoán”橫跨頂部中心。 五越南盾、五百元越南盾和

1000越南盾面額位於紙幣的正中央。

“1913”字樣位於紙幣的正中央。意味改革軍部門總代表的

“Quang Phục-Quân Quân-Chánh Phủ Tổng Đạ i Biểu” 字樣位於右下角。背面有一個橢圓形的區域，內部圖案為精 心設計的舊式橋樑，上面有五個人。這些紙幣會像法國紙幣 一樣被簽上發行時間。

5越南盾，1913年，由香港印刷廠印刷（D-VR1）綠色及 淡橙粉色底紋，反面綠色（長123.0 mm，寬 x 70.0mm)。

500越南盾，1913年由香港印刷廠制（D-VR2）淺綠色底

紋，棕色500字樣（長123.0mm , 寬 x 73.0mm)

1000越南盾，1913年，由香港印刷廠印刷（D-VR3），淺

橙 色 底 紋， 黑色1000字 樣， 反 面 黑色 ( 長120.0mm , 寬

69.0mm).

上圖這張經評 PMG-30的5越南盾售價約為 19 500 美元。

PMG62的500越 南 盾 價 格 略 低， 售 價 為 16 500 美 元 ； PMG35的這張1 000越南盾價格也略低，售價為 18 000 美 元。這些都是越南這段精彩歷史的重要見證。

國硬幣和貨幣》 （Empire of Viet Nam Coins & Currency）

高估這兩張大面額紙幣的價值也不足為奇，因為它們每張都

和《越南共和國硬幣和貨幣目錄》 （Republic of Viet Nam

是獨一無二的。這三張紙幣從未在任何其他錢幣目錄中列出，

Coins & Currency Catalogs）目錄中。

目錄編號 D-VR1、VR2 和 VR3 將用於我的新書《越南帝

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中國近代機製幣精品鑒賞 ( 第三版 ) TOP CHINESE COINS (Third Edition)

正式發售

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電話：021-62130771

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地址：上海市常德路寶華大廈 1808 室

TOP CHINESE COINS 3nd Edition 《中國近代機製幣精品鑒賞》第三版 Price( 售價 )：US $150 Plus Postage( 加郵費 ) Coins Survey, a landmark event held in winter 2009 to search for the 10 most valuable Chinese struck coins. Coins submitted for review were judged by their rarity, historical importance, artistic appeal, condition, market value and group identity. The deluxe bound book offered details on the Top Chinese Coins Survey as well as high-quality pictures, price trends, degrees of rarity and historical context of the 60 top Modern Chinese Coins.

In June 2010, Top Chinese Coins Vol. 1 was published by iAsure Group and the The Journal of East Asian Numismatics (JEAN). Top Chinese Coins Vol. 1 offers an in-depth summary of the final results from the Top Chinese 2010年6月，愛秀集團和《東亞泉志》出版了 《中國近代機製幣精品鑒賞》第一版。該書對60枚中國 最頂級的近代機製幣進行了全面、深入、系統的研究與 展現。其內容涵蓋高清錢幣圖像、流傳脈絡、拍賣紀 錄、市場趨勢、珍稀度解析和背景故事等，在錢幣業界 引起巨大的轟動和反響，備受讚譽，被譽為“全景式展 現中國珍稀機製幣的重要鑒賞書籍”。 儘管因時間蒼促、經驗不足，書中存在一些缺陷和 錯誤，但仍得到讀者的肯定和欣賞。由於該書僅限量印 刷1000本，無法滿足廣大錢幣愛好者的需求。經多位資 深錢幣專家、學者、收藏家建議，愛秀集團決定在第一 版的基礎上出版第二版。第二版於2011年6月發行，相

Top Chinese Coins , Vol. 1 had a limited print run of 1000, leaving many numismatists and enthusiasts unable to purchase a copy of their own. In response to high demand, iAsure has made certain that the second volume which released in June 2011 will be available to a much wider audience. While Top Chinese Coins Vol. 1 included gold, silver and copper coins, the second volume highlights the great range of silver coins. Because 2010 is ancient history in numismatics and because so much has happened in the Chinese coin market in the past eleven years, it is high time for a revision. The third edition will be the same as the first edition to include gold, silver and copper coins. In addition, the new edition covers the information of top coin museum, the most expensive coin in the world, etc. This bilingual third edition will have the same beneficial effect on the market that the second edition had. 比第一版60枚錢幣囊括金幣、銀幣和銅元，第二版專注 於60枚中國近代機製銀幣，定名為《中國近代機製銀幣 精品鑒賞·銀幣版》 (簡稱《銀幣鑒賞》)。 由於2010年距離現在時間上已經非常久遠，對近代 機製幣收藏研究成果披露有限，而且中國錢幣市場在過 去11年發生了很多變化，現在有必要對這本書再次進行 更新。第三版將與第二版一樣採用雙語形式，而內容則 將和第一版一樣包括近代機製幣及其樣幣的金銀銅三大 類別，此外還增加了世界頂級錢幣博物館、世界上最昂 貴的錢幣等內容。相信該書第三版的出版將對讀者有所 助益。

If required, please contact Champion Auction 如果需要請聯繫冠軍拍賣公司 Tel: 021-6213 0771 Email: jeanzg@163.com

《中國近代機製幣精品鑒賞》第三版 正式啟動 2020 年 7 月 17 日（週五），冠軍拍賣組織來自上海、浙江、四川等地的 20 名藏家前往上海造幣有限公司參觀了上 海造幣博物館及其包克錢幣展示廳，午餐期間宣佈開始啟動第三版《中國近代機製幣精品鑒賞》編撰工作。《東亞泉志》 出版人周邁可及中文主編袁水清於 8 月 16 日至 20 日前往北京，開展第三版的問卷策劃和評委會構建工作。問卷調查 工作已於 9 月正式啟動，12 月評選出新一版的十大精選硬幣。第三版預計於 2021 年秋面世。

藏家參觀上海造幣博物館

參觀者親自鑄打參觀紀念章

藏家交流

冠軍拍賣總裁周邁可宣佈開始啟動

2009 中國近代機製幣競選活動 弘揚中國錢幣文化

推動市場健康發展

TOP 10 of the Greatest Chinese Struck Coins Survey 評選結果

前十名中國近代機製幣如下：

1903 年（癸卯）奉天省造光緒元寶庫平一兩銀質樣幣 1900 年（庚子）京局製造光緒元寶庫平七錢二分銀質樣幣 1898 年湖南省造光緒元寶庫平七錢二分銀質樣幣 1904 年廣東省造光緒元寶庫平重一兩銀質樣幣，背鑄字 1910 年 ( 庚戍春季）雲南造宣統元寶庫平七錢二分銀質樣幣 1896 年四川楷書（缶寶 ) 光緒元寶庫平七錢二分銀幣 1890 年廣東省造光緒元寶庫平七錢二分、七錢三分反版銀質樣幣 1911 年（宣統三年）大清銀幣壹元銀質樣幣，長須龍、短須龍、大尾龍、 反 龍、曲須龍

1906 年（丙午）和 1907 年（丁未）大清金幣庫平一兩樣幣 (1904-1905 年）四川省造光緒元寶當三十銅幣，試鑄幣

組織機構 主辦：愛秀集團

協辦：美國 MGC 冠軍拍資公司

2009 年 12 月 18 日 ，上海精選結果發佈會上 ，周邁可向林青禾頒獎 Michael Hans Chou awards certificate to George Lim at the Top Chinese Coins Survey Conference in Shanghai on December the 18th, 2009

廣州國標錢幣收藏鑒定評估有限公司 上海申泉工貿總公司組委會 主任委員：孫浩 資深錢幣收藏界專家學者

副主任委員 : 周邁可 愛秀集團董事長暨冠軍拍賣董事長

顧問委員會主任委員 : 戴志強 中國錢幣學會副理事長 顧問：

周 祥 上海博物館研究員中國文物鑒定委員會委員 沈鳴鏑 上海錢幣學會副秘書長

甄偉剛 廣東集幣協會理事

張明泉 中華錢幣協會理事長

周建福 臺北市錢幣協會理事長 郭俊勝

理事

瀋陽金融博物館及張氏帥府博物館館長，遼寧省錢幣學會常務

曾澤祿 美國著名中國錢幣收藏家

媒體宣傳

上海電視臺、新浪網、新民晚報、新聞晨報、錢幣報、新聞晚報、上海

2009 年 12 月 18 日 ，上海精選結果發佈會上 ，甄偉向陳吉茂頒獎 Zhen Weigang awards certificate to Chen Chi Mao at the Top Chinese Coin Survey Conference in Shanghai on December the 18th, 2009

熱線、東方網等媒體均對精選活動及結果進行了隆重報道，引起熱烈的 關注。

2009 年 12 月 18 日 ， 精選活動嘉賓參觀上海造幣博物館 Guests of the Top Chinese Coin Survey Conference visited the Shanghai Mint Museum on December the 18th, 2009

2009 年 12 月 18 日 ，精選結果發佈會在上海舉行 The Top Chinese Coin Survey Conference in Shanghai on December the 18th, 2009

Niue Island Eternal Love & Everlasting Rose Pure Silver Coin Reservation

◎ This is a rose that can be enjoyed for a lifetime, and each rose is a

Original Package：

RMB 2388 NGC PF 70：

RMB 2628 2oz

45mm

.999Ag

real rose.

◎ Naturally grown roses are cut in full bloom. This silver coin features

a real rose processed through a special preservation process and finished with 24k gold plating on the edge of each petal. ◎ The coin is designed by Mr. Yu Min, the winner of the Lifetime Achievement Award for the Coin of the Year Award and former senior designer of Shanghai Mint Co. The coin is manufactured by Shanghai New Century Commemorative Coin Manufacturing Co., Ltd, one of the world's most technologically advanced mints.

Purchase Link: https://m.tb.cn/h.feujECq?sm=ec41ca

Mintage: 600

Contact Us ： Tel ：021-62130771 E-mail ：jeanzg@163.com Address: Room 1808, Baohua

Everlasting Rose

Building, No.1211, Changde Road, Putuo District, Shanghai

NGC Holder with Yu Min Signature Label ◎ Obverse: It is based on one of the greatest Chinese love stories, Butterfly Lovers.

The rose coin features an everlasting rose with the two main characters in the story of Butterfly Lovers in high relief. They look away from each other with a Chinese plum tree separating them, and two butterflies flying together showing the final scene of the story.The plum flower, the plum tree, and the background use a finish silver effect. For the butterflies and the window, blasting and mirror effects are used while the face and clothes of the characters employ a blasting effect. ◎ Reverse：It shows Romeo and Juliet. The two stand on the balcony dressed in classical European dresses, the rose below is overall flat and convex, but a prism allows for different colors to be seen from different angles. Behind are the characteristic Venetian dome windows and faded bricks. The text inside the window is the classic line of Romeo and Juliet. The white brick seam lines on the walls are white blasting, and the walls are blasted with a gradual change of brighter top and whiter bottom. The balcony, windows and brick wall replicate the actual location where the story takes place.

紐埃群島 永恆之愛 & 永生玫瑰純銀紀念幣 紀/念/幣/預/定

◎ 這是一朵可以賞玩一生的玫瑰，每一朵玫瑰都是真實的玫瑰。 ◎ 自然生長的玫瑰花剪切於盛放之時。這枚銀幣將鮮活的玫瑰通過特殊手 工保存工藝進行處理，最後在每片花瓣的邊緣鍍以24k 金。

原包裝：¥2388 NGC 打盒：¥2628

◎ 紀念幣由克勞斯世界硬幣大獎賽終身成就獎得主，原上海造幣有限公司 高級工藝美術師余敏先生操刀設計，由世界技術最領先的造幣廠之一的上 海新世紀紀念幣製造有限公司製造。

一一錢幣網購買鏈接 ：

https://m.tb.cn/h.feujECq?sm=ec41ca 2 盎司

直徑 45 毫米 .999 銀 鑄造量600枚

永生玫瑰

◎ 正面 ：以中國古代著名愛情故事梁山伯與祝英臺為主題。幣上超高浮雕 的梁山伯與祝英臺人物肖像相互背離，被一顆桃樹分開。樹上兩只蝴蝶翩 翩飛舞，應和了梁祝故事的結局。桃花、桃樹和背景均採用了古銀效果， 蝴蝶與窗格呈現了噴砂和鏡面的效果，人物面部和衣服則採用了漸變鐳射 砂工藝。

余敏簽名

◎ 背面 ：著名的羅密歐與朱麗葉的故事。二人身著歐洲古典禮服站在陽臺 上，下方的玫瑰整體平凸但白色亮丸實現了灰色鐳射幻彩效果，隨著角度 的變換會呈現出紅、藍、綠、黃等各種不同的顏色。背後是威尼斯特色的 穹頂窗戶和褪色的磚塊。窗內的文字為《羅密歐與朱麗葉》的經典對白。 牆上的白色磚縫線為白砂，牆面則採用了上亮下白的漸變噴砂。陽臺、窗 戶和磚牆均複刻了故事所發生的實際地點。

NGC 打 盒 限量100枚

精/美/手/繪/圖

電話 ：021-62130771

郵箱 ：jeanzg@163.com

地址 ：上海市普陀區常德路1211號寶華大廈1808室

Eternal Love & The Everlasting Rose Pure Silver Coin The coin presented with a natural grown rose, with the tip of each petal coated in pure 24k gold.

$ 200

NGC PF70 ULTRA CAMEO

$ 260

Coin Specifications Weight: 10 grams; Metal Content: .999 Silver Dimensions: 35mm; Quality: Proof Country of Issue: Tanzania Year of Issue: 2020 Denomination: 500 Shillings; Mintage: 6,000

Tel: 021-62130771

Email: jeanzg@163.com

Add: Room 1808, Bao Hua Building No. 1211, Changde Rd.

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Pandas since 1982 1982年起发行的熊猫币 China Modern since 1979 1979年起发行的中国现代金银币 World Coins since 1964 1964年起专营世界钱币

Looking To Buy?想买？ Our inventory and knowledge has been available to both our colleagues and collector clients since coins of the People’s Republic of China first reached the world market in 1979. 自1979年中国现代金银币首次进入国际市场后，Mish 国际的员工及其藏家客户积累了丰富的库存和专业 的钱币知识。

If you are looking for a particular China coin, chances are we have it, or may be able to recover it from an original buyer we sold it to years ago at first distribution. 想买中国币？我们或许恰好有；也许多年前我们卖过，现在或许还能从原始买家手中买回来。

Looking To Sell?想卖？ In this world of instant experts and brokers, Mish International is still your best choice to handle the purchase of your prized coins in this fast-changing market. Well-capitalized, truly knowledgeable and accommodating, we buy both single pieces and major collections at fair value with no delay, no limits and no excuses. 瞬息万变的市场环境，Mish 国际仍是助您销售钱币的最佳选择。雄厚的资金实力，专业的钱币知识，出 色的协调能力，我们同时收购单枚币和大型收藏，价格合理，快速付款。

Since 1964 始于1964

Here today. Here tomorrow 携手今日 共赢明天 Mish International Monetary Inc Mish国际钱币公司 1154 University Drive Menlo Park, CA 94025, USA 美国加州门罗帕克大学路1154号，邮编94025 Phone(电话):(650) 324-9110 Email(邮箱):robert@mishinternational.com

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CHINA. Dollar, Year 3 (1914).

PCGS PROOF-65.

Contact Us for More Information!

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2021 春 第 1633 号 宣统三年大清银币“长须龙”版壹圆样币 PCGS SP63 成交价：RMB 5,750,000

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2022 年 4 月

經NGC認證的中國機製幣創下216萬美 元的成交記錄 在2021年12月的海瑞得拍賣會上，一枚經NGC認證的中國機製銀樣幣以216萬美元的 成交價格令錢幣界歎為觀止，並創下了經NGC認證的中國硬幣的拍賣新高。與此同時， 另一枚經NGC認證的中國機製幣亦取得了120萬美元的成交佳績。這兩枚中國機製幣 成為2021年度第15枚和第16枚價值逾百萬美元的NGC評級幣。

經NGC認證的珍品錢幣在拍賣會上脫穎而出。 NGCcoin.hk/about

216萬美元

民國十七年（1928年）張作霖文裝像銀質樣幣 銀幣 NGC MS 62

120萬美元

宣統三年（1911年）大清「長鬚龍」銀質樣幣 銀幣 NGC PF 63

將您的硬幣 委託給NGC

NGC成立於1987年，是全球大型、 廣受信賴的第三方硬幣、代幣和獎 章評級機構，提供鑒定、評級並封 裝服務。NGC憑著其精準、一致並且 不偏不倚的評級服務，與行內領先的 保證，備受世界各地的收藏家和經銷 商的信賴。

了解更多，請瀏覽 NGCcoin.hk/about

經驗：

NGC評級師均是訓練有素，經驗豐富的專業人 員，並在錢幣學研究領域處於前沿。每一枚硬幣 均由多名專業評級師進行檢驗，以保證準確性與 一致性。

參考：

診斷：

我們的綜合研究圖書館 為NGC評級師提供最相 關的參考資料。他們同時 也向全世界的專家進行 諮詢。

評級師參考我們數據 庫中數百萬張的真假 幣圖像，包括非詳細 的診斷圖像。

科技：

X射線熒光光譜分析，結合特定的重力 與顯微鏡評估，幫助判定硬幣表面成分 與鑄造工藝。

專業硬幣評級的要素

NGC評級每一枚硬幣，背後都依循着一整套高度複雜、久經時間 考驗的程序。憑著行內領先的專業技術，經NGC評級鑒定的的硬 幣已超過5000萬枚，其中包括許多來自世界各地的頂級硬幣。

了解更多，敬請瀏覽 NGCcoin.hk/expertise

紙幣交給PMG鑑定， 最放心

PMG成立於2005年，為紙幣提供獨立公正的專業真品鑑定、評級並封裝的服務。 PMG被世界各地的收藏家和經銷商所認可。因其專業、精準和一致的評級， 對公正的承諾以及全面的真品和等級保證而被全球信賴， 也因此成為全球最大的第三方紙幣評級服務機構。

了解更多？ 請瀏覽 PMGnotes.hk/about

Originally published at ngc.com

The 20th Anniversary of the Start of the ZENO.RU – Oriental Coin Database Project ◎ ZENO.RU〔USA〕

December 2022 marks the 20th anniversary of the start of the ZENO.RU project - an online database on Oriental numismatics. We are announcing the call for papers for the Festschrift dedicated to this anniversary date.

Papers can be applied not only by ZENO.RU members, but by any interested in the Oriental numismatics. Applications should be sent to oldcharm@yandex.ru.

Deadline: 1 January, 2022

Editorial board Alexander Akopyan (Islamic numismatics)

• Konstantin Kravtsov (Pre-Islamic numismatics)

• Vladimir Belyaev (Far East numismatics, in Russian)

• Jan Lingen (Indian numismatics)

• Heinz Gratzer (Japanese numismatics)

• Vladimir Nastich (Islamic numismatics)

• Bruce Griffith (South-East Asia numismatics)

• Pavel Petrov (Islamic numismatics)

• Håkan Fransson (Pre-Islamic numismatics)

• François Thierry (Far East and Vietnamese numismatics)

原刊載於 NGC

《東方錢幣資料庫項目啟動20周年紀念文集》徵集 ◎ ZENO.RU〔美國〕

2022 年將是 ZENO.RU – 東方錢幣資料庫項目啟動 20 周年， 現向大眾徵集紀念文集文章。 除 ZENO.RU 會員外，其他對東方錢幣感興趣的人士也可發送文章至 oldcharm@yandex.ru 進行投稿。 截止日期：2022/1/1

編輯委員會 • 亞曆山大·阿科皮恩（Alexander Akopyan，伊斯蘭錢幣）

• 康斯坦丁·克拉夫佐夫（Konstantin Kravtsov，前伊斯蘭錢幣）

• 弗拉基米爾·貝爾亞耶夫（Vladimir Belyaev，遠東錢幣）

• 簡·林根（Jan Lingen，印度錢幣）

• 亨氏·格拉澤（Heinz Gratzer，日本錢幣）

• 弗拉基米爾·納斯蒂奇（Vladimir Nastich，伊斯蘭錢幣）

• 布魯斯·格裏菲斯（Bruce Griffith，東南亞錢幣）

• 帕維爾·彼得羅夫（Pavel Petrov，伊斯蘭錢幣）

• 哈坎·弗蘭森（Håkan Fransson，前伊斯蘭錢幣）

• 弗朗索瓦·蒂埃裏（François Thierry，遠東和越南錢）

PRESS RELEASE:

Artist Yu Min was given the Lifetime Achievement Award by Krause Publication Coin of the Year Award Committee

Editor of World Coin News David C. Harper (L.) and Chinese Embassy Culture Department Secretary Dr. Li Gang

Shanghai Mint Co., Ltd. senior designer Yu Min is watching CCTV News live

A Lifetime Achievement Award in Coin Design was given to Yu Min of the Shanghai Mint Co., Ltd., Feb. 4 at the Coin of the Year Award ceremony at the World Money Fair in Berlin, Germany.

He began designing and engraving coins in 1980 and participated in the entire development process of gold and silver Pandas as a designer and engraver since the first gold panda coin was issued in 1982.

The trophy was accepted by Dr. Li Gang, Secretary of the Culture Department of Embassy of People’s Republic of China to the Federal Republic of Germany.

Yu Min is the first Asian Designer to win the award, the previous three edition of the award went to Herbert Wähner of Austria, Maria Carmela Colaneri of Italy, and Heinz Hoyer and Sneschana Russewa-Hoyer of Germany.

Giving the award was David C. Harper, editor of World Coin News, founding sponsor of the award. The award is also sponsored by the World Money Fair.

The publisher of the Journal of East Asian Numismatics, Michael Chou, introduced Dr. Li. His publication is the third sponsor of the Coin of the Year Awards and it prepared a biography of Yu Min. Yu Min graduated from Shanghai Arts and Crafts School in August 1980 and entered the Shanghai Mint (now known as the Shanghai Mint Co., Ltd.) to design and to engrave coins in the design and pattern shop at the same year.

From February to June 1996 he went to Russia and studied in the Sculpture Department of Repin Academy of Fine Arts. He was enrolled as a member of the China Sculpture Institute in July 2004.

Rick Stelzer Estate Coin & Jewelry Galleria 1650 main street sarasota FL 34236 USA Tel: (+1) 605 321 1449 rick52447@gmail.com

His 1983 silver Panda won the Best Silver Coin award in the 1985 Coin of the Year competition. He has designed and engraved over 200 Modern Chinese coins including over 40 commemorative Panda coins, including the 2005, 2006, 2008, 2009, 2010, 2012 and 2013 gold and silver commemorative Panda coins, over the years. Mr. Yu Min may hold the world record for the number of coins designed/engraved by a artist for a modern mint.

The 2009 Panda coin designed by Yu Min was named the Best Commemorative Coin by a German magazine.

Among commemorative coins, he designed and engraved the portrait of Chairman Mao on the circulating coin to mark the 100th birthday of Mao Tse-tung. It was very difficult to engrave a raised image of the chairman to be struck on a very hard nickelclad steel coin. Yu Min accomplished this after repeated trials.

In the selection process of the 2008 Beijing Olympic coins, Yu Min’s design was one of the finalists and his four joint engraving designs (the fencing, pentathlon, archery and soccer coins) were adopted by the head office of Bank of China.

Champion Shanghai Room 1808, Bao Hua Building, No.1211, Changde Rd, Shanghai 200060, People's Republic of China Tel: 86-21-62130771 championghka@gmail.com

余敏榮獲克勞斯出版社世界硬幣大獎評委會頒發的 終身成就獎

《世界錢幣新聞》主編 David C. Harper（左）和中國駐德國大使館文化部秘書李剛

本屆世界硬幣大獎賽頒獎典禮於2017年2月4日在德國柏林的世 界錢幣展上舉行。本屆的世界硬幣大獎賽錢幣設計終身成就獎

上海造幣有限公司高級工藝美術師余敏在觀看 CCTV 新聞頻道

1993年獲工藝美術師任職資格，並被聘為工藝美術師。2004 年7月，被中國雕塑學會吸收為會員。

的獲得者是上海造幣有限公司的設計雕刻師⸺ 余敏。 余敏從1980年從事錢幣設計雕刻至今已30年，從1993年聘為 中華人民共和國駐德意志聯邦共和國大使館文化部秘書—李剛

工藝美術師至今也已23年。從1982年發行第一枚熊貓金幣起，

代表獲獎者領獎並發表獲獎感言。

至今已有近三十年歷史。余敏作為設計雕刻人員參與並見證了 熊貓金銀幣發展的整個過程。

余敏是首位獲得這項大獎的亞洲錢幣設計師，前三屆終身成 就 獎 的 獲 得 者 分 別 是 ：奧 地 利 的 赫 爾 伯 特 •韋 納、 意 大 利

由余敏設計雕刻的1983版熊貓銀幣獲得了1985年世界硬幣大

的 瑪 利 亞•卡 梅 拉•柯 蘭 納 瑞以 及德 國 的 Heinz Hoyer 和

獎賽最佳銀幣獎，這些年，余敏一共設計和雕刻了40多枚紀

Sneschana Russewa-Hoyer 夫婦二人。

念 熊 貓， 包 括2005、2006、2008、2009、2010、2012和 2013熊貓金銀幣。余敏為現代造幣廠設計和雕刻的錢幣數量之

獎項由《世界硬幣新聞》主編及世界硬幣大獎賽的發起人之一

多，很可能在當今世界範圍內也無出其右。

的大衛•C• 哈珀負責頒發，而世界錢幣展也是本屆獎項的贊助 商之一。

他所設計的2009版熊貓幣被德國錢幣雜誌評為最佳紀念幣。

《東亞泉志》出版人周邁可先生為李博士做了一下介紹。周先生

紀念幣方面，余敏設計並雕刻了毛澤東誕辰100周年流通紀念

的《東亞泉志》不僅贊助本次的世界硬幣大獎賽，同時也準備了

幣中的毛澤東頭像一面。在非常堅硬的鎳包鋼產品上製作浮雕

一篇余敏的生平簡介。

是一個近乎苛刻的任務，經過多次實驗之後，余敏最終圓滿完 成任務。

余敏1980年8月畢業於上海工藝美術學校（中專）。同年進上海 造幣廠（上海造幣有限公司前身）設計製模車間從事錢幣設計雕

在2008北京奧運幣的競標中，余敏的設計成為了入圍了最終的

刻工作。

決賽圈。余敏與他人合作的設計（擊劍、五項全能、射箭、足球） 也在競標被中國銀行選中。

1996年2月至6月期間，赴 俄羅斯列賓美 術學院雕塑系進修。

冠軍拍賣有限公司 地址 ：上海市常德路 1211 號寶華大廈 1808 室 電話 ：86-21-62130771 传真 ：86-21-62130773 Email ：championghka@gmail.com

Rick Stelzer Estate Coin & Jewelry Galleria 1650 main street sarasota FL 34236 USA Tel: (+1) 605 321 1449 rick52447@gmail.com

亚 洲 藏 品 拍 卖 Collectibles Auction Asia 101 UPPER CROSS STREET #03‐78A PEOPLE’S PARK CENTRE SINGAPORE 058357

WWW.CAA.AUCTION

Accepting consignments throughout the year

Jeffrey Wai +65 9638‐7225 (WhatsApp) Cauctionasia@gmail.com

2020 年 11 月 19 日 冠軍澳門拍賣會 掃一掃，關注我們

地點：澳門十六浦索菲特酒店六樓會議室

郵箱：jeanzg@163.com

電話：021-62130771

拍賣成交亮點

1898 年湖南省造光緒元寶庫平三錢六分樣幣 PCGS SP66+，華人家族收藏 起拍價：USD 230000 成交價：USD 540000

1911 年大清長須龍壹元銀幣 NGC MS64，包克收藏 起拍價：USD 30000 成交價：USD 312000

1911 年宣統三年大清銀幣伍角 NGC MS62，包克收藏 起拍價：USD 10000 成交價：USD 132000

1910 年宣統年造大清壹元銀幣 NGC MS64，包克收藏 起拍價：USD 10000 成交價：USD 105600

1852 年臺灣老公銀壹圓 NGC AU55，包克收藏 起拍價：USD 10000 成交價：USD 91200

1896 年 黑 龍 江省 造 光 緒 元 寶 庫 平三 錢 六 分 NGC AU55，奧托·拜赫德製中國樣幣 起拍價：USD 20000 成交價：USD 67500

1907 年東三省造光緒元寶庫平七錢二分銀幣 NGC AU58，NC 藏品 起拍價：USD 38000 成交價：USD 67200

庚子京局製造一錢四分原鑄幣 NGC MS60，包克收藏 起拍價：USD 10000 成交價：USD 62400

1904 年光緒三十年湖北省造大清銀幣庫平一兩 小字版，NGC AU53，包克藏品 起拍價：USD 5000 成交價：USD 62400

1907 年（丁未）大清伍角銀幣 NGC MS65，包克收藏 起拍價：USD 5000 成交價：USD 57200

1853 年臺灣如意軍餉 NGC AU Details，NC 藏品 起拍價：USD 20000 成交價：USD 40800

1920 年中華民國九年鄂造貳角每五枚當一圓銀 幣，NGC MS61，包克收藏 起拍價：USD 3000 成交價：USD 36000

聯繫我們：上海市常德路 1211 號寶華大廈 1808 室

電話 : 86-21-62130771

郵箱 : championghka@gmail.com

2020.8.23

冠軍上海 VIP 微拍Ⅱ 拍賣成交亮點 /Highlights

1903 年戶部光緒元寶庫平 5 錢銀幣，L&M2， K928，華人家族藏品 起拍價：200000（人民幣） 成交價：1243000（人民幣）

1909-1911 年湖北省造光緒元寶庫平七錢二分 銀幣，L&M187，NGC MS65，H.F.Bowker 藏品 起拍價：60000（人民幣） 成交價：319500（人民幣）

1922 年（民國十一年）湖北武昌造幣廠長郭銅 質紀念牌，NGC AU58 BN，NC 藏品 起拍價：100000（人民幣） 成交價：291500（人民幣）

天津黎元洪像中華民國五族共和紀念銅章， NGC AU55 BN，NC 藏品 起拍價：100000（人民幣） 成交價：275000（人民幣）

1908 年造幣總廠光緒元寶庫平七分二厘銀幣， L&M13，NGC MS64，H.F.Bowker 藏品 起拍價：60000（人民幣） 成交價：176000（人民幣）

1895-1905 年湖北省造光緒元寶庫平三錢六分 銀幣，L&M183，NGC MS62，H.F.Bowker 藏 品 起拍價：30000（人民幣） 成交價：148500（人民幣）

1932 民國二十一年孫中山像壹元，三鳥 LM108 PCGS MS 63 金盾品相完整，狀態佳。 起拍價：30000（人民幣） 成交價：132000（人民幣）

清·太平天國背聖寶·當百 宋體 尺寸：直徑 56mm 42.21g 起拍價：30000（人民幣） 成交價：103400（人民幣）

1894 年德屬新幾內亞 5 馬克銀幣，KM7， PCGS PR62，華人家族藏品 起拍價：30000（人民幣） 成交價：83600（人民幣）

1914 年福建福建袁世凱福州海運局鎳幣，反面 福州海運局雙打，NGC AU55，華人家族藏品 起拍價：30000（人民幣） 成交價：61600（人民幣）

臺灣老公銀足紋銀餅庫平柒弍，臆造幣， KANN-F1，NGC MS63，Ex.Kann/H.F.Bowker 藏品 起拍價：30000（人民幣） 成交價：52800（人民幣）

1904-1905 年江蘇省造光緒元寶當十，方龍， NGC AU58 BN，H.F.Bowker 藏品 起拍價：30000（人民幣） 成交價：13750（人民幣）

聯繫我們：上海市常德路 1211 號寶華大廈 1808 室

電話 : 86-21-62130771

郵箱 : jeanzg@163.com

2021.6.27 冠軍上海 VIP 精品微拍 微拍成交亮點 /Highlights

1916 年中華帝國袁世凱像洪憲紀元飛龍銀幣 沖天冠版，NGC MS63, 曾亮相於 1996 年冠軍 拍賣及 2010 年 Ultima 收藏專場拍賣 起拍價：300 000 元 成交價：1 859 000 元

1927 年十六年造中華民國國民政府孫中山像 陵墓紀念銀幣 NNC MS64，Richard Wright 收藏 起拍價：300 000 元 成交價：1 386 000 元

1898 年（光緒二十四年）安徽省造光緒元寶 庫平七錢二分銀幣，扁四，小星花版 NGC MS64，席德柄 / 張南琛收藏 起拍價：300 000 元 成交價：1 331 000 元

1923 年中華民國十二年造龍鳳壹圓銀幣 NGC MS65，Su Z. 收藏 起拍價：300 000 元 成交價：1 111 000 元

1903 年光緒元寶戶部庫平一兩金幣 NGC PF65 起拍價：300 000 元 成交價：891 000 元

1906 年（丙午）戶部“中”字 大清銀幣貳錢，NGC MS66，張南琛收藏 起拍價：100 000 元 成交價：594 000 元

1889 年廣東省造光緒元寶庫平三錢六分五厘 銀幣，NGC AU55，包克收藏 起拍價：300 000 元 成交價：550 000 元

1906 年光緒年造大清銀幣戶部貳錢銀幣 PCGS MS65，W.L./ 黃華樞收藏 起拍價：100 000 元 成交價：363 000 元

1912 年中華民國黎元洪像開國紀念幣壹圓銀幣 NGC MS64，張南琛收藏 起拍價：100 000 元 成交價：330 000 元

1912 年中華民國袁世凱像共和紀念十文銅幣 小面版，NGC AU55，張南琛收藏 起拍價：30 000 元 成交價：239 800 元

1895-1905 年湖北省造光緒元寶庫平三錢六分 銀幣，NGC MS64，華人家族藏品。原味包漿， 鑄打深峻 起拍價：30 000 元 成交價：231 000 元

1919 年雲南省造唐繼堯像擁護共和紀念拾圓金 幣，反面帶數字“1”，NGC MS62，1991 年美國 錢幣學會複製品 起拍價：30 000 元 成交價：231 000 元

1898 年吉林省造光緒元寶庫平七錢二分銀幣 NGC XF40，張南琛收藏 起拍價：30 000 元 成交價：187 000 元

1911 年（宣統三年）大清銀幣壹圓 NGC MS64 起拍價：30 000 元 成交價：165 000 元

1924 年（民 國 十三年）中 華 銅 幣 背 嘉 禾 十文 NGC XF45 BN，NC 藏品 起拍價：10 000 元 成交價：154 000 元

聯繫我們：上海市常德路 1211 號寶華大廈 1808 室

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Chopmarked Coins - A History 《戳記幣簡史》 Colin Gullberg 高林

Price ( 售價 ): US $100 Plus Postage ( 不含郵費 ) The book Chopmarked Coins- A History by Colin Gullberg is funded by iAsure Group. The softcover book is 187 pages in length, 210mm×285mm, fourcolor printing. It covers the history of foreign silver coins that circulated in China from 1600 to 1935 and contains images of some 150 coins. Gullberg includes firstperson accounts, summaries of all modern sources of knowledge on the subject and scans from a shroff’s handbook (circa 1890). It is the first English- language book on the subject since 1990 and only the second English language book on the subject.

愛秀集團贊助出版發行的 戳記幣英文專著《戳記幣簡 史》為軟裝本，正文內容187 頁，開本210mm×285mm， 四色印刷，闡述了1600年至 1935年間中國流通的外國戳記 銀幣概況，作者高林先生採用 第一人稱敘述，總結了現代有 關戳記幣的詳盡知識，並配有 某錢莊的手冊（約1890年）掃 描插圖和150多張戳記幣高清 圖片。本書是1990年之後的第 一本戳記幣英文專著，也是有 史以來的第二本戳記幣英文專 著。

Chinese And Foreign Papermoney Errors 《華洋怪鈔—中外錯體紙幣賞析圖鉴》 David Chio 趙康池 Aguang Chan 陳耀光

Price ( 售價 )：MOP $300; RMB 240; US $30 Plus Postage ( 不含郵費 ) In December 2015, this book was released by Macau Numismatic Society and edited by David Chio and Aguang Chan. A total of 1,000 copies was printed, 200 in hard cover and 800 soft cover. The book is 323 pages of full color A4 size 210×285 mm and features over 300 error notes and 800 photos. Notes from Chin dynasty to modern times and more than 10 countries and region is covered. The books also cover causes of errors, background information on the printing process and authenticity of errors. This is the first book in Chinese to feature this type of information on error notes and its collection.

该书由澳門錢幣學會於2015年 12月出版，趙康池、陳耀光編著。 印行1000冊，其中精裝本200冊， 平裝本800冊。是書全彩精印，小 A4开本，210mm×285mm，323 頁，選錄了中外錯體紙幣300多 種，圖片800多張，涵蓋中國自清 末到現今使用的紙幣，涉及中外十 多個國家和地區。本書對中外錯 體、錯版、變體等紙幣的成因、歷 史背景和辨偽，實事求是地作了係 統的、科學的分析與歸納，並介紹 了印鈔基本步驟和印鈔過程中所產 生的“另類”紙幣，補充了不少紙 幣收藏的基礎知識。可以說，本書 是首本對錯體紙幣進行全方位論述 的著作。

If required, please contact Champion Auction 如果需要請聯繫冠軍拍賣公司 Tel: 021-6213 0771 Email: jeanzg@163.com

創

新

創

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價

值

B.H. Mayer´s Kunstprägeanstalt GmbH

Minted in Germany 德国铸造

1盎司 999纯银 硬币

Nano technology applied to the surface of this unique coin 这枚独一无二的硬币表面，采用了纳米技术 Exclusive limited mintage 1000 独家限量发行 1000枚 2019 Tanzania 1000 Shillings 2019年 坦桑尼亚 1000 先令

2019 Tanzania 1000 Shillings

Coin Designed by: Yu Min

CBPMC Senior designer Winner of 2017 COTY “Lifetime” Achievement Award in Design

设计师： 余敏

中国印钞造币总公司高级工艺美术师 曾获得“2017年克劳斯世界硬币大奖赛年度终身成就奖”

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Room 1808, Baohua Mansion, No. 1211, Changde Rd., Putuo District, Shanghai Tel:0086(21)-62130772 www.magnico.cn

上海冠坤文化发展有限公司

上海市普陀区常德路宝华大厦1211号1808室 电话：0086(21)-62130772 网址：www.magnico.cn

德国铸造 德国梅耶造币厂

《東亞泉志》

免費 訂閱 2022

簡介

電子季刊 中英雙語 出版人 周邁可

《東亞泉志》為冠軍拍賣公司總裁周邁可先生和著名錢幣學專家史

物館史密森尼學會、大英博物館、哈佛燕京圖書館、哈佛大學、耶魯大

博祿先生於1994年創辦，是一本學術性錢幣研究專業雜誌。旨在讓廣

學、哥倫比亞大學、斯坦福大學、康奈爾大學和美國錢幣學會、美國錢

大錢幣收藏家、研究學者更深入地瞭解錢幣知識，讓世界各地的讀者

幣協會。雜誌刊發過不少有重要學術價值的文章，如托馬斯 · 烏爾曼寫

更好地瞭解中國深厚的錢幣文化。

的《1886-1888年間朝鮮首鑄機製幣⸺ 德國專家相助創建現代造幣

雜誌高級編輯史博祿先生1951年生於美國密蘇裏州聖路易斯市，

廠》 、史博祿寫的《袁世凱像大鬍子開國紀念幣》 、範治南與何緯渝寫的

為密蘇裏大學歷史系學士，哈佛大學中國研究專業碩士。1974-1977

《欽差大臣驚世之旅，記李鴻章訪美破冰之行》 、湯姆 · 基納寫的《1897

年在克勞斯出版社任《世界錢幣新聞》助理編輯，參與《世界硬幣標準

年浙江三分六厘樣幣和1899年安徽三分六厘流通幣的關係》以及曾澤

目錄》與《世界紙鈔標準目錄》編輯工作。1977-1987年全職進行錢幣

祿寫的《明代天啟通寶和崇禎通寶銅錢加蓋戳印 VOC/C 探析》等。

交易。1988-1989年在中國鄭州大學留學，主修中國研究課程。1991-

2015年5月，周邁可先生決定於2016年1月復刊《東亞泉志》，聘

1993年在哈佛大學攻讀碩士。1994-1998年任《東亞泉志》總編。史

請著名錢幣研究學者袁水清先生擔任主編。復刊後的《東亞泉志》為電

博祿先生擁有30多年的收藏和研究中國錢幣的豐富經驗。他在《東亞

子季刊，中英雙語。內容以披露最新錢幣收藏研究成果、推介泉界成功

泉志》上發表的研究文獻極大地豐富了中國錢幣的知識內涵。

人士的事蹟為主。主要欄目有學術研究、人物專訪、鑒賞爭鳴、拍賣回

《東亞泉志》於1994年7月份問世，1999年停刊，發行了18期。

顧、重要信息等。

雜誌中大部分文章是英文，只有少部分是中文，在20多個國家發行，廣 受歡迎，長期佔據許多重要圖書館書架的顯著位置，包括美國國家博

從2017年起， 《東亞泉志》加盟由克勞斯在德國柏林世界錢幣展覽 會期間舉辦的“世界硬幣大獎”頒獎活動。

閱讀

東亞泉志

25 周年紀念章

No.24

2021.10 / Issue 42

THE JOURNAL OF EAST ASIAN NUMISMATICS 中英雙語 - 電子季刊

Bilingual (English - Chinese) Digital Quarterly

Chinese Show Panda CATALOGUE

1984—2019

25 th

周年

JEAN 1994-2019

徐世昌 Hsu Shih-Chang

小洛克菲勒 John Rockefeller Jr.

1921 年徐世昌像背“仁壽同登”紀念銀章 陰刻“DR. C. PACKARD” 1921 Hsu Shih-Chang Pavillion Silver Medal, Engraved "DR. C. PACKARD"

1921 年徐世昌仁像背“仁壽同登”紀念金章無字版 1921 Hsu Shih-Chang Pavillion Gold Medal, without "Commemorative"

『本期專題 | FEATURES 』

徐世昌像背“仁壽同登”紀念章的“前世今生” Hsu Shih-Chang Pavillion Medal: Past and Present

香港上海匯豐銀行紙幣分類研究（1865-1898）

Classifying the Notes of the Hongkong and Shanghai Bank Corporation, 1865-1898

古希臘帕加馬錢幣

Pergamene Coinage under the Greeks

2021 年澳門錢幣學會年會熊貓紀念章 &2021 年 《中國近代機製幣精品鑒賞》第三版首發紀念章 2021 Macau Numismatic Annual Expo Show Panda & 2021 Top Chinese Coins Ⅲ Release Medal

東亞泉志出版 JEAN Publications

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Sycee of Northern Song Dynasty Jintang County 50 Taels

念

北宋“懷安軍金堂縣免夫錢折納銀每鋌重伍拾兩”銀鋌

第 01 期 issuu.com/jean388/docs/the_first_issue_of_jean 第 24 期 https://issuu.com/jeandigitala1/docs/the_24th_issue_of_jean

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The Journal of East Asian Numismatics Bilingual (English-Chinese) Digital Quarterly In 1994, The Journal of East Asian Numismatics (JEAN) was founded

by Michael Chou, the CEO of Champion Auction and Bruce Smith, a noted numismatist. It is a professional numismatic academic journal whose mission is to educate collectors and researchers on the subjects of Chinese numismatics, culture and history.

Bruce Smith, the chief editor of JEAN, was born in 1951 in St. Louis, MO. He received his BA in history from the University of Missouri St. Louis; and his MA in China studies from Harvard University. In 19741977, he worked for Krause Publications as Editorial Assistant on World Coin News and as cataloger for Standard Catalog of World Coins and Standard Catalog of World Paper Money. He was a full time coin dealer 1977-1987. In 1988-1989, he studied in China as a student of China Studies in Chengchow (Zhengzhou) University, Henan province. In 1991-1993, Mr. Smith was a graduate student at Harvard University. In 1994-1998, he was the editor of The Journal of East Asian Numismatics (JEAN). Bruce Smith has been a collector and researcher of Chinese coins for over 30 years. His published research in JEAN has added immensely to the body of knowledge for Chinese coins.

The first issue of JEAN was released in July 1994, and the last issue (18th issue) in 1998. Most articles were written in English, the remainder in Chinese. The journal was distributed in over 20 countries, and remained a mainstay on many important library shelves, including the Smithsonian Institution, the British Museum, the Harvard Yenching Library, Harvard University, Yale University, Columbia University, Stanford University, Cornell University, the ANS (American Numismatic Society), and the ANA (American Numismatic Association). The journal enjoyed great popularity and many important articles were published in JEAN, including “Peking Coins of 1900” by James Sweeny, “More on the Hsu Shih-Chang Pavillion Medals with engraved names” and “The true story of China’s 1936 and 1937 Silver Dollars” by Bruce Smith, “The Apparent

JEAN Online Links 《東亞泉志》在線閱讀

1st Issue 2nd Issue 3rd Issue 4th Issue 5th Issue 6th Issue 7th Issue 8th Issue 9th Issue 10th Issue 11th Issue 12th Issue 13th Issue 14th Issue 15th Issue 16th Issue 17th Issue 18th Issue 19th Issue 20th Issue 21st Issue 22nd Issue 23rd Issue 24th Issue

Relationship between 1897 Chekiang 5 Cents Pattern and 1899 Anhwei 5-Cents Circulation Strike” by Tom Keener, and “A Forgery of Taiwan’s Old Man Dollar” by Dr. Che-lu Tseng.

In May 2015, Michael Chou decided to start issuing the journal again starting in January 2016. The famous numismatic researcher Mr. Yuan Shuiqing will be chinese chief editor. He is a member of China Numismatic Society, serving as executive director of the Shenxi Numismatic Society and executive vice president of the Xi’an Collectors Association. As a numismatic researcher, he was chief editor of Collections and China Numismatics. He has published over 100 numismatic research articles and the masterpiece The Elite of Monetary History of China. Other distinguished contributors from home and abroad are numismatists, collectors and coin dealers, including Bruce Smith (author of Howard Franklin BowkerNumismatic Pioneer), Colin Gullberg (Canada, author of Chopmarked Coins-A History), Chinese American senior numismatist Dr. Chelu Tseng, Steve Feller former international banknote societ y editor, senior numismatic scholar of China modern gold and silver commemorative coins King L. Chan (Hong Kong), senior numismatist Chien Fu Chou (Taiwan) and CEO of Beijing Coins website Richard Guo. It will be a quar terly, bilingual e-journal, covering the latest numismatic research, interviews with famous collectors, auction reviews, and general news. The Journal's distribution is now over 1,000, including over 3,000 in Greater China region.

Starting in 2017, Journal of East Asian Numismatics is a co-sponsor of Krause's Coin of the Year Award Ceremony in Berlin with World Money Fair.

You are welcome to subscribe, submit articles for publication, and advertise in the upcoming JEAN. The 2022 subscription is free of charge. Please send your email to jeanzg@163.com.

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Contact JEAN Shanghai Office Tel: 021-62130771 Email: jeanzg@163.com Add: Room 1808, Bao Hua Building No. 1211, Changde Rd.

* PX: 300

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東亞泉志 電子季刊 · 中英雙語

讓廣大錢幣收藏家、研究學者更深入地瞭解錢幣知識，讓世界各地

2015年5月，周邁可先生決定於2016年1月復刊《東亞泉志》，聘 請著名錢幣研究學者袁水清先生擔任主編。袁水清，1948年生， 大學金融專科畢業，從事銀行工作30多年。中國錢幣學會會員，澳

的讀者更好地瞭解中國深厚的錢幣文化。

門錢幣學會學術顧問，陝西省錢幣學會第六屆常務理事，西安市收

雜誌高級編輯史博祿先生 1951年生於美國密蘇裏州聖路易斯市，

幣研究》雜誌的責任編輯，《中國錢幣界》雜誌主編。多年來他傾

《東亞泉志》為冠軍拍賣公司總裁周邁可先生和著名錢幣學專家史 博祿先生於1994年創辦，是一本學術性錢幣研究專業雜誌。旨在

為密蘇裏大學歷史系學士，哈佛大學中國研究專業碩士。1974-

1977年在克勞斯出版社任《世界錢幣新聞》助理編輯，參與《世 界硬幣標準目錄》與《世界紙鈔標準目錄》編輯工作。1977-1987 年全職進行錢幣交易。1988-1989年在中國鄭州大學留學，主修 中國研究課程。1991-1993年在哈佛大學攻讀碩士。1994-1998 年任《東亞泉志》總編。史博祿先生擁有30多年的收藏和研究中 國錢幣的豐富經驗。他在《東亞泉志》上發表的研究文獻極大地豐 富了中國錢幣的知識內涵。

藏協會常務副會長。退休後，歷任《收藏》 《古泉園地》 《西部金融 · 錢 力於中國貨幣史和錢幣學的研究，發表過近百篇錢幣研究文章 ；

2012年，出版了彙集中國古今錢幣的鴻篇巨制《中國貨幣史之最》。 同時聘請國內外知名的錢幣學者、收藏家及專業人士加入，如《霍 華德 · 富蘭克林 · 包克—錢幣學研究先驅者》作者史博祿先生、《戳 記幣簡史》作者高林先生、美國華人資深錢幣學者曾澤祿先生、國 際紙鈔收藏協會前任總編輯 Steve Feller、香港中國現代金銀幣資 深研究學者陳景林先生、臺灣資深錢幣學者周建福先生、美國東南 亞錢幣專家亞當 · 比亞吉先生以及北京錢幣網總裁郭嘉華先生等。

《東亞泉志》於1994年7月份問世，1999年停刊，發行了18期。 雜誌中大部分文章是英文，只有少部分是中文，在20多個國家發 行，廣受歡迎，長期佔據許多重要圖書館書架的顯著位置，包括美

復刊後的《東亞泉志》為電子季刊，中英雙語。內容以披露最新錢 幣收藏研究成果、推介泉界成功人士的事蹟為主。主要欄目有學術 研究、人物專訪、鑒賞爭鳴、拍賣回顧、重要信息等。

國國家博物館史密森尼學會、大英博物館、哈佛燕京圖書館、哈佛 大學、耶魯大學、哥倫比亞大學、斯坦福大學、康奈爾大學和美國

從2017年起，《東亞泉志》加盟由克勞斯在德國柏林世界錢幣展覽

錢幣學會、美國錢幣協會。雜誌刊發過不少有重要學術價值的文章，

會期間舉辦的“世界硬幣大獎”頒獎活動。

如詹姆斯 · 史威尼寫的《1900年京局銀元》、史博祿寫的《徐世昌 刻字紀念章》和《民國二十五年和民國二十六年之中國銀元故事》、 湯姆 · 基納寫的《1897年浙江三分六厘樣幣和1899年安徽三分六

《東亞泉志》2022年免費訂閱，如果需要，請把您的郵箱發到

jeanzg@163.com ！

厘流通幣的關係》以及曾澤祿寫的《臺灣老公銀偽品》等。

JEAN Online Links 《東亞泉志》線上閱讀

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拍品委託截止日期：3/31 2021.5.30 冠軍澳門春季拍賣會 NC 收藏拍賣亮點 （ 100 項拍品超過 60 項創下拍賣記錄 ，成交總額高達 1.3 億元 ）

1911 年（宣統三年）長須龍大清銀幣 NGC MS64，陽葉版，已知品相較好的一枚， 原耿愛德收藏 起拍價：US 150 000 成交價：US 1 344 000

1911 年 （宣統三年） 長須龍大清銀幣壹圓， 陽葉版， PCGS SP61，WL 收藏 起拍價：US 150 000 成交價：US 1 164 000

1907 年（光緒三十三年）北洋造光緒元寶庫平一 兩銀質樣幣 火球上三個小圓點成一條直線，NGC MS63 起拍價：US 200 000 成交價：US 1 104 000

1898 年（戊戌）江南省造光緒元寶庫平七錢二 分銀幣，凹眼龍，珍珠龍，龍尾 6 根尾鰭 NGC MS65，已知品相較好的一枚，原 Hsi 收藏 起拍價：US 100 000 成交價：US 996 000

1904 年（光緒三十年）湖北省造大清銀幣庫平 一兩樣幣 , 可能是僅見的一套，分別為一枚黃銅、 兩枚紅銅。①黃銅，大字版，NGC MS64；②紅 銅，大字版 , NGC MS62 BN; ③紅銅，小字版， NGC AU50 BN 起拍價：US 200 000 成交價：US 912 000

1916 年中華帝國袁世凱像洪憲紀元飛龍銀幣 L. GIORGI 簽字版，NGC MS64， 已知品相較好的一枚，可能為原耿愛德收藏 起拍價：US 200 000 成交價：US 672 000

1897 年江南省造光緒元寶庫平七錢二分銀幣 老江南，人字邊，NGC UNC DETAILS，品相較 好的一枚，席德柄 /NC 收藏 起拍價：US 50 000 成交價：US 612 000

1914 年（中華民國三年）袁世凱像壹圓銀幣 L.GIORGI 簽字版，NGC SP65， 已知品相較好的一枚 起拍價：US 150 000 成交價：US 504 000

1916 年中華帝國袁世凱像洪憲紀元飛龍銀幣 沖天冠版，NGC MS64，已知品相較好的一枚 起拍價：US 60 000 成交價：US 504 000

1898 年江南省造光緒元寶庫平七錢二分銀幣 齒邊，NGC UNC DETAILS，原光，好味道。該 幣好品相者非常少，已知僅兩枚為未流通等級 起拍價：US 60 000 成交價：US 468 000

1906 年丙午大清金幣庫平一兩光邊大雲版 NGC MS64，已知品相較好的一枚 起拍價：US 100 000 成交價：US 462 000

1912 年中華民國袁世凱像（舊譜稱程德全）大 鬍子壹圓開國紀念幣黃銅試打幣 NGC UNC DETAILS，原耿愛德收藏，非常稀少 起拍價：US 60 000 成交價：US 462 000

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