China Yunnan Dragon 50 Cents (LM-422B, 4 Circles variety), struck during the final years of the Qing Dynasty leading up to the 1911 Revolution. Provincial issues like Yunnan reflect a period of political transition, as regional mints operated with increasing independence during the decline of imperial rule.
The “4 Circles” variety refers to the distinctive rosette symbols flanking the dragon, a recognized and collectible subtype within the series. This example displays strong detail with original, darker toning that gives it a unique and distinctive look compared to more typical examples.
