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Who Knows This? A Coin Minted In 1747

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Alf_coin's Avatar
China
79 Posts
 Posted 10/31/2007  11:24 pm  Show Profile   Bookmark this reply Add Alf_coin to your friends list Get a Link to this Reply
quote:

And to note the severity of counterfeited coins, I got a damaged counterfeited die for under 30USD. Obviously sellers nowadays don't do this because they don't want to get caught with the evidence that they are producing such.




Well£¬in China, many handcraft factories tend to regard counterfeiting non-PRC coins, including foreign and ancient Chinese coins, as a common industry of craftworks.
And their activities risk no any conflict with the law.
Valued Member
Alf_coin's Avatar
China
79 Posts
 Posted 10/31/2007  11:37 pm  Show Profile   Bookmark this reply Add Alf_coin to your friends list Get a Link to this Reply
What's more, it's extremely boring that
when you get a fake coin at high cost, few people show any pity.
On the contrary, most of them tend to say:
"Oh, fool! Why don't you be able to tell the difference between fake and genuine? "
Valued Member
Alf_coin's Avatar
China
79 Posts
 Posted 10/31/2007  11:55 pm  Show Profile   Bookmark this reply Add Alf_coin to your friends list Get a Link to this Reply
You must pay much more attention to differentiate any one coin,
even though a small worthless coin
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echizento's Avatar
United States
23731 Posts
 Posted 11/01/2007  12:25 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
It's hard to say if this coin is genuine or not, there are some details that indicate to me that it may not be. On the obverse the uneven wear on the right is a little odd along the the extra piece of metal on the top of the letter L. On the reverse The letter A is different for the A's on the obverse. The cross bar is Vee shaped rather than straight. In the examples in Krause and on coin archives all letters are the same. The actual weight would help to tell better.
Valued Member
Alf_coin's Avatar
China
79 Posts
 Posted 11/01/2007  01:30 am  Show Profile   Bookmark this reply Add Alf_coin to your friends list Get a Link to this Reply
quote:

The actual weight would help to tell better.



But sorry, I can't get the actual weight because I have only some pictures of it.
The current owner of this coin want to sell it at about USD240
Apparently the seller has overvalued it, even though it's genuine.



Edited by Alf_coin
11/01/2007 01:43 am
Pillar of the Community
Australia
3831 Posts
 Posted 11/01/2007  03:09 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
The thing about China is, they will even counterfeit 1 yuan, which is a mere 12 US cents when I last checked the currency rate. Anything else is just an instant profit. Good grief, if 12 cents is worth counterfeiting, what else isn't, other than perhaps 1 cent?
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.
Edited by gxseries
11/01/2007 03:09 am
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echizento's Avatar
United States
23731 Posts
 Posted 11/01/2007  03:20 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Well if you are satified that it's genuine go for it. Though the acking price is high for a coin the I would grade as VG/F.
Valued Member
United States
136 Posts
 Posted 11/01/2007  10:11 am  Show Profile   Bookmark this reply Add dahoov2 to your friends list Get a Link to this Reply
Agreed; you guys are fantastic. Very knowledgable. One question. Can you get into legal trouble for owning a die like that? I think though as a collector, that's something really cool to own because it's a part of coinage history.
Pillar of the Community
Australia
3831 Posts
 Posted 11/01/2007  10:32 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
This? I suppose it's illegal if you are trying to strike counterfeits otherwise it's "ok"?

Who-Knows-This?-A-Coin-Minted-In-1747
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.
Valued Member
United States
136 Posts
 Posted 11/01/2007  10:58 am  Show Profile   Bookmark this reply Add dahoov2 to your friends list Get a Link to this Reply
I guess it may be like owning rolling papers or a bong and people think you are smoking pot? So I see what you are saying. It's a cool thing I think. Man, I gotta get off here; as I was looking around at some info, it just raised more and more questions (now I am wondering about mint marks like o, L, VDB and all that... too much to digest!)
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snowman's Avatar
United States
1840 Posts
 Posted 11/01/2007  2:41 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
quote:
But as you know, the coin has a very special rim
it's hard to fake technically.


I wouldn't use 250 year-old technology as the determinant factor in the authenticity of a coin. Some of the Chinese forgeries are very sophisticated.

quote:
listed in Krause as C# 8. VG-$40.00, F-$80.00, VF-$100


echizento - I think your pricing might be for C #8a, not C #8, which I believe this coin is. Pricing for that coin would be VG-$60 F-$120 & VF-$250.

Valued Member
United States
136 Posts
 Posted 11/05/2007  7:18 pm  Show Profile   Bookmark this reply Add dahoov2 to your friends list Get a Link to this Reply
Hi again,

What do you weigh coins on? Is there a special scale or can you use say a postage scale or weight watchers type scale (food scale)?
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Sap's Avatar
Australia
16849 Posts
 Posted 11/06/2007  01:33 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
You can weigh coins on anything, provided it's reasonably accurate - weight to the nearest 0.1 grams is adequate, though 0.01 grams is better. I've seen cheap, reliable, portable 0.01 gram balances for sale around the place. I've got a 0.0001 gram balance in the lab at work, which is definitely overkill for authenticating a coin.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Valued Member
United States
136 Posts
 Posted 11/06/2007  09:51 am  Show Profile   Bookmark this reply Add dahoov2 to your friends list Get a Link to this Reply
Very nice to know. Thanks. Yeah, I don't think I'll go overkill; this won't be my main hobby, but I do want to educate myself. I am a autograph collector so I already have a pretty accurate postal scale (sometimes, the post office and I have different readings but most of the time it's the same). The postage scale does .1 grams so I guess I am ok. I was just thinking to use it if something might be fake or something.
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