The 1903 Fengtien Tael - Ticker: "TAEL"
The 1903 Fengtien Tael - Ticker: "TAEL"
The 1903 Fengtien Tael, considered the King of Chinese coins, continues its reign setting a new record price of 46,575,000 RMB, or over $6.9 million USD.
The Fengtien tael dated (1903) has always been a mysterious and very desired coin.
The coin was first displayed at the 1904 Louisiana Purchase Exhibition in St. Louis, Missouri, in the United States.
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It was this display that inspired Catalogue of the Collection of Chinese Exhibits at the Louisiana Purchase Exhibition and through which Chinese coin expert and author Eduard Kann and others would learn of the coin’s very existence.
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This coin's wallet is set to serve a fund supporting the needy in the community.
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