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A Pair of Chinese Yuan Shikai "Fat Man" Dollars

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barryg
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United States
2719 Posts
 Posted 09/07/2011  5:25 pm Show Profile Check barryg's eBay Listings Bookmark this topic Add barryg to your friends list Get a Link to this Message

I have heard that these coins are widely counterfeited, but I got this pair from my 78-year-old Chinese father-in-law who has had them since he was a child (in China), so I'm pretty confident they are authentic:




My wife is convinced they are extremely valuable, whereas the only thing I'm certain of is that they are probably at least worth silver melt value (whatever that is). I'm assuming that, despite the counterfeit versions out there, these are not really considered rare and that in order to be truly valuable they would need to be in mint condition, which these are not. The one on the left is significantly worn, while the one on the right seems to be in better shape.

Anyway... Can somebody tell me something about their potential value? First of all, what is the actual silver content? I'm guessing 90%, but that's just a guess. Second of all, do these have much value to collectors above and beyond the silver melt value in their current condition?

Thanks!

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United States
2719 Posts
 Posted 09/13/2011  08:55 am  Show Profile Check barryg's eBay Listings Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Nobody? Should I have posted this in a different forum?
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9184 Posts
 Posted 09/13/2011  1:11 pm  Show Profile Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I hope a collector who specializes in these chimes in--it's hard to comment unless you really know these coins.
One observation/question: is it just the photos, or is the color difference between obverse/reverse that distinct?
Pillar Of The Community
United States
2719 Posts
 Posted 09/13/2011  1:14 pm  Show Profile Check barryg's eBay Listings Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I think it's just the photos.

As I said, I know that these get counterfeited all the time, but I have no idea how much genuine examples are actually worth (especially in this condition).
Valued Member
Australia
103 Posts
 Posted 09/13/2011  7:13 pm  Show Profile Bookmark this reply Add agandau to your friends list Get a Link to this Reply
If the value of them is what you seek, and have an eBay account, a search of this coin with the added filter 'completed listings' will show all recent sales. That should give you a general idea.
Valued Member
United Kingdom
422 Posts
 Posted 09/23/2011  1:38 pm  Show Profile Check Jeff 11's eBay Listings Bookmark this reply Add Jeff 11 to your friends list Get a Link to this Reply
Hi there. Both coins are dated 1914, the first year they were minted. It is unfortunately the most common date, and among the least valuable. However, they do still command a premium over the silver value - each piece contains around 0.77 OZ ASW, putting the melt value at around $46 ish for the pair at todays lower silver price. However, market value for the pair would be around $140 - 160, somewhere liek eBay.

Hope that helps a bit. Jeff
Some decent US and World medals and Coins for sale and in the archive part of my website http://www.kingstoncoincompany.co.uk
Pillar Of The Community
United States
2719 Posts
 Posted 09/23/2011  1:39 pm  Show Profile Check barryg's eBay Listings Bookmark this reply Add barryg to your friends list Get a Link to this Reply
That does help, quite a bit. Thank you. As I said, other than silver value I had no idea whether these were even collectable or not, and all I seem to find on eBay are obvious fakes.
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