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CHINA 1936 NON-MAGNETIC 1 CHIAO, NGC AU-55. TIENTSIN MINT. RARE COIN.


Item # 001822
$475.00
 

China 1936 Non Magnetic 10 Cents (or 1 Chiao). Y-349a. Graded by NGC as Choice Almost Uncirculated AU-55. All of the similar 10 Cents coins supposed to be minted in pure Nickel (magnetic) at the Shanghai mint. However, in 1936 a warlord had Tientsin Mint to produce relatively small amount of similar coins in heavily alloyed nickel (non magnetic). The result is that the Shanghai pieces are attracted to magnet while the Tientsin pieces are not. Non magnetic coins are very scarce, NGC graded only 2 pieces: this one in AU-55 and one more in AU-58.

 
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