249, Lot: 401. Estimate $100. Sold for $248. This amount does not include the buyer’s fee.

CHINA, Republic. AR Jiǎo (Chiao) (18mm, 2.67 g, 12h). Tiānjīn Central (Tientsin) mint. Dated year 15 of the Republic (AD 1926). Dragon and phoenix atop symbol of longevity / Denomination in wreath. L&M 83; Kann 682; KM 334. EF.

Originally described by Kann as being struck in commemoration of Emperor Pǔ Yí’s marriage, the obverse type is in fact a rejected design for the national emblem.