CHINA: Republic, AR dollar, Central Mint, Tientsin, ND (1923), Kann-678, L&M-959; WS-0105, Proclamation of the Constitution Commemorative; Ts'ao K'un in military uniform // jì niàn (commemorative) between crossed Wuchang Uprising and Five-colored flags, five stars around, graffiti at obverse 11 o'clock, attractive light iridescent toning, PCGS graded UNC details. General Cao Kun (Ts'ao K'un) was a Chinese warlord and politician, who served as the President of the Republic of China from 1923 to 1924, as well as the military leader of the Zhili clique in the Beiyang Army.

Estimate: USD 15000 - 20000