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Chinese Fat Man Dollar -- Authentic?

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Pillar of the Community
United States
1962 Posts
 Posted 07/26/2023  10:05 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
I was surprised at the grade--shows how little I know about grading foreign coins...



Quote:
I was reading back and also underestimated the grade.


Nah, neither of you are crazy... This is a prime example of NGC grading too generously - particularly in higher circ grades.

That said, this is a nice deeply toned original piece - a slight circ cameo thing going on - with a lot of meat left.
Pillar of the Community
macmercury's Avatar
United States
5839 Posts
 Posted 07/26/2023  11:06 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Zurie,

That's a very nice example and NGC gave a generous grade for the coin. I remember in the 90's, my in-law would buy these for around 100 RMB, now price has multiply by nearly 10x and higher.
Edited by macmercury
07/26/2023 11:06 pm
Pillar of the Community
United States
1915 Posts
 Posted 07/26/2023  11:40 pm  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Grading has never been much concern for my collecting.
I did read somewhere, maybe in Krause, that grading for world coins differs from how American coins are graded.
Not sure how these various grading companies deal with that.
If I ever submitted a coin, I'd do it just to confirm or deny authenticity, but I wouldn't give a hoot about some person's subjective opinion of a grade.
Wouldn't surprise me even if some of these people could even get an authentic coin to be non-genuine or perhaps a non-genuine coin to be authentic.
Pillar of the Community
Australia
3831 Posts
 Posted 07/27/2023  10:24 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Nice one! Glad that you held onto it. It will be a good family heirloom.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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