$150,000 'Ben Shen' Chinese coin trebles estimate at Baldwin's Hong Kong auction

paulfrasercollectibles

2015-06-26 12:21:56

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$150,000 'Ben Shen' Chinese coin trebles estimate at Baldwin's Hong Kong auction

A rare Hupeh Province silver 'Ben Shen' 20Cents led the way at Baldwin's recent sale

A Hupeh Province silver "Ben Shen" 20Cents was the star of Baldwin's recent coin and watch auction in Hong Kong.

The coin is so rare that it has been absent from all the major Chinese collections sold in recent years.

A modest presale estimate of $40,00050,000 was smashed with the lot achieving an astounding $150,000, selling to a Chinese bidder.

Ian Goldbart, Baldwin's managing director, said that record prices were achieved for many Chinese coins, adding: "The Asian market is thriving".

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