Mr. Tang, a TCM practitioner in Cheung Sha Wan, moved his clinic: his grandfather found a complete set of Yunnan Guangxu Yuanbao coins at the bottom of his medicine cabinet.
Silver coins can be hidden anywhere. Among the cases I've handled these past few years, some were found at the bottom of safes, others in secret compartments in walls, and some even in mooncake tins. But this time, they were discovered in a secret drawer of a traditional Chinese medicine cabinet—the whole thing had a wonderful sense of history.
Mr. Tang, in his early fifties, has run a traditional Chinese medicine clinic in Cheung Sha Wan for over twenty years. Recently, his lease expired, and he had to move to a new location. While dismantling the rosewood medicine cabinet inherited from his grandfather, the师傅 (master craftsman) found a secret compartment beneath the bottom board of the third drawer. Inside was a small wooden box wrapped in red silk, and in the box were seven old silver coins of different sizes.
"This medicine cabinet has been with my grandfather, my dad, and now me for over sixty years. I never knew there was a secret compartment underneath," Mr. Tang sent photos via WhatsApp, asking if they were silver coins.
Physical Appraisal: Yunnan Province Guangxu Yuanbao "Small Set"
Upon individual inspection of the seven coins, all featured "Yunnan Province Guangxu Yuanbao" (雲南省造 光緒元寶) cast on the obverse, and a unique Yunnan dragon design on the reverse. The denominations covered three specifications:
- 7 Mace 2 Candareens (1 Yuan) ×2: Diameter 39mm, weight 26.7-26.8 grams, condition VF20-VF30
- 3 Mace 6 Candareens (Half Yuan) ×2: Diameter 33mm, weight 13.3-13.4 grams, condition VF25
- 1 Mace 4 Candareens 4 Li (2 Jiao) ×3: Diameter 23mm, weight 5.3 grams, condition F12-VF20
The distinctive feature of Guangxu Yuanbao coins from Yunnan Province is their unique dragon design, which differs significantly from other provinces—the dragon's body is more slender, the flaming pearl is positioned higher, and the cloud patterns are swirling. This batch of seven coins perfectly covers the three main denominations, known in the trade as a "small set."
Valuation and Transaction
- 1 Yuan ×2: HK$5,500 + HK$4,200 = HK$9,700
- Half Yuan ×2: HK$3,800 + HK$3,800 = HK$7,600
- 2 Jiao ×3: HK$1,200 + HK$1,500 + HK$1,000 = HK$3,700
- Total for the batch: HK$21,000
Mr. Tang completed the transaction on the spot. He mentioned that this amount was exactly what he needed for the renovation costs of his new clinic. Before leaving, he asked, "I'm moving the medicine cabinet to the new clinic. Do you think there might still be secret compartments?" We chuckled and said we'd only know if we took it apart.
Found silver coins while moving, renovating, or clearing out old furniture? WhatsApp 98342057, and Gujin Jianbao (古金鑒寶) offers free on-site appraisal of physical items.