(t) HONG KONG (SAR). 20 Cents, 1886. London Mint. Victoria. PCGS AU-58.

(t) HONG KONG (SAR). 20 Cents, 1886. London Mint. Victoria. PCGS AU-58. High 6. A conditionally elusive date, this Hong Kong 20 Cents exhibits a beautiful golden-orange tone that dramatically outlines the portrait. The reverse displays a softer tone, deepening towards the lower portion. This example is tied for the finest certified, with none graded higher, and is sure to attract significant attention from advanced collectors. Estimate: $1,500 - $2,000. Provenance: From the Robin C S Cheng (鄭鎮新) Collection. To view all items from the Robin C S Cheng (鄭鎮新) Collection, click here. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. 1886年香港貳毫銀幣。倫敦造幣廠。 高6。屬品相難求之版，金橙色包漿絢麗，將肖像輪廓勾勒得格外分明。反面包漿較柔，愈近下方色愈深沉。本品為並列最高分，無一更高，資深藏家定必爭相競逐。 (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimate:$900

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