Candareen


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Candareen

A measure of weight in East Asia roughly equivalent to 378 milligrams. In Imperial China, it was used as a currency denomination equivalent to 1/100 of one renminbi, but this is no longer the case. See also: Troy candareen.
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Top coin and paper earners in Hong Kong included a CHINA Kiangnan 7 Mace 2 Candareens (Dollar), ND (1897) that realized $388,375, more than five times its original pre-sale high estimate, and a CHINA--EMPIRE Board of Revenue 50 Taels, Year 4 (1854) P-A13b that finished at $119,500, nearly four times its pre-sale high estimate.
Another world record was established at this auction for a Shanghai-issued stamp when a 4 Candareens Shanghai Large Dragon from 1865, cancelled on an envelope fragment, realized HK$805,000, easily surpassing its estimated value of HK$100,000-150,000.