Media Relations
Press Release - May 28, 2026
Historic 1911 ‘Short-Whiskered Dragon’ from Peh Family Collection Emerges at Heritage’s HKINF World & Ancient Coins Auction
| 1908 USA Administration Proof peso, 1867 British Colony Victoria Proof pattern Tael and rare gold pattern Plumed Hat dollar also among June 17-19 highlights DOWNLOAD DIGITAL PRESS KIT “The ‘Short-Whiskered Dragon’ dollar stands atop Chinese numismatics as one of the most important issues of the late Qing dynasty,” says Kyle Johnson, Heritage’s Managing Director of World & Ancient Coins, “and it is no surprise to find such an elusive specimen in the Peh Family’s holdings. A true treat to handle and sure to be among this year’s top auction lots, it reaffirms this collection’s depth and quality. The nearly 400 lots from The Peh Family Collection in this auction represent the fifth installment offered at Heritage — the world’s leading auctioneer of coins and currency; Part IV was part of Heritage’s NYINC World & Ancient Coins Platinum Session and Signature® Auction in January. The mystique surrounding the Short-Whiskered Dragon is extensive. Part of the well-recognized 1911 Ta Ching dollar patterns from the Central Mint in Tientsin, this type was produced as the imperial government worked toward a unified national coinage. Under the direction of chief engraver Luigi Giorgi, a series of experimental dollar designs was created, each featuring a similar obverse (reverse as holdered) paired with varying dragon motifs on the reverse (obverse as holdered). These patterns represent the final phase of Qing Dynasty coinage, struck on the eve of the dynasty’s collapse. Among these, the “Short-Whiskered” variety stands out. Early numismatic research recorded only a handful of examples, and even today, the total number of confirmed specimens remains exceptionally small. Only three of the eight documented survivors are privately owned, the example in this auction being the first on public offer since its appearance in the Chang Foundation Collection, and the only example certified across PCGS and NGC. Also from The Peh Family Collection comes a Victoria gold Proof Restrike Trade Dollar 1901-C PR63 NGC, a triumphant appearance for Trade Dollar collectors. Only a handful of gold Trade Dollars across all years are known, and those that exist rarely appear on the open market. The coin offered in this auction is one of only two examples certified, and it seems unlikely that others exist. As prolific as The Peh Family Collection is, it is just one of the collections represented in the auction, which also includes The Mahal Collection of Spanish and U.S. Philippines Coins, Part XIII — a 61-lot trove that counts among its highlights a USA Administration Proof Peso 1908 PR68 PCGS from a Proof mintage of just 500 that is a nearly unmatched representative from among the most collectible series in Filipino numismatics, where Proof Pesos generate considerable collector interest, especially when entering the “trophy” territory. Examples of this popular date come to market somewhat regularly, but those at a superior Gem designation remain largely elusive. None of the five PR68s, all tied for finest between both services, have sold publicly in the last two decades, making this an important opportunity for the trophy hunters and type collectors. An Anhwei. Kuang-hsü 50 Cents Year 24 (1898) MS66 PCGS is among a small handful of truly exceptional Anhwei provincial issues — an impressive feat for such a challenging region, especially at the Gem level. Offered in this auction is a survivor of a denomination that almost always is witnessed impaired and/or well circulated, with Mint State specimens witnessed at market once every year or two. This specimen is tied with just one other example for the finest known. An Anhwei. Kuang-hsü Dollar Year 24 (1898) MS66 NGC is an exceptional dragon Dollar from a notoriously difficult province from which to collect. Examples can be located up through Choice certifications, but those carrying finer grades prove elusive to even the most advanced collectors. The mint in Anking closed after being active for little more than one year, with the new mint opening about three years later, when it produced only copper coins, so any emission of Anhwei, particularly those at Gem and higher quality, is thus fiercely contested, making this an intriguing offering for serious collectors. Images and information about all lots in the auction can be found at HA.com/3134. Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, Chicago, Palm Beach, London, Paris, Amsterdam, Brussels, Hong Kong and Tokyo. Heritage also enjoys the highest Online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet's most popular auction-house website, HA.com, has more than 2 million registered bidder-members and searchable free archives of 7,000,000 past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit. For breaking stories, follow us: HA.com/Facebook and HA.com/Twitter . Link to this release or view prior press releases . Hi-Res images available: Steve Lansdale, Public Relations Specialist 214-409-1699 or SteveL@HA.com |

