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Replies: 8 / Views: 2,661 |
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New Member
United States
25 Posts |
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Bedrock of the Community
Australia
21788 Posts |
I will have a guess that they are most probably genuine. Not to worry, though. The 'buy it now' price is sufficiently low enough to be worth taking the risk. They would provide the motivation to study the series.
Decades ago, I bought a large accumulation of Chinese cash for less than a quarter each. I still have them all. Most emperors and dynasties are represented. I had no idea at all if they may be genuine or not, but at such a low price, worth taking a risk.
The accumulation induced me to buy a second hand copy of Schjoth. I learned the series, identified them all, and had them all independently verified as genuine.
I am currently taking much the same approach with the purchase of a job lot at auction of over 100 early Islamic silver coins, which were bought at less than $3 each.
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New Member
 United States
25 Posts |
Thanks for the advice, sel_691. I was thinking myself that the loss woundn't be too bad if they turned out to be fake. I am just a little wary after naively purchasing a lot of fake Qing dynasty coins without doing my homework a month ago. I have since found a site that gives a list of sellers whose Chinese coins are genuine and whose are fakes, and that has been a good tool for me to use so far. But with this I just didn't know. I also have a feeling that they are real, though, for a few different reasons. It's comforting to have a little affirmation. I hope the Ottomans turn out to be genuine. I was drawn to Ottomans pretty much as soon as I started becoming interested in numismatics, but Arabic script gives me a hard time, haha! Hebrew, Greek, Chinese, got it; but with Arabic I find it more difficult to distinguish between the letters. I have a good many, but I haven't begun trying to identify them yet. 
Edited by BobbyV 09/24/2015 09:03 am
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Bedrock of the Community
Australia
21788 Posts |
The job lot of early Islamic silver coins came from a public auction with a highly respected international reputation.
I talked to the guy who described the lot for the auction. He would have had to spend a vastly uneconomically commercial amount of time to fully identify each coin, so they were sold as a job lot. If I fully identify them, they may sell for around $20 to $50 per coin. That is where my work comes in, but I have to learn from an almost zero knowledge base for this series.
I have already made a partial identification on about half of them, but from here on, the going gets tough.
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New Member
 United States
25 Posts |
Wow! From a zero knowledge base, that's pretty good. Glad you already know they're authentic. That's my biggest concern, just making sure first that I'm getting the real stuff. I tend to buy by the lot, so the task of identification can seem intimidating, and when I get confirmation that they are genuine I tend to be satisfied enough for the moment to peruse other types I'm curious about or interested in. I'm sure I'll come to a point where I'll draw the line and make myself zero in on identification of what I have, though. 
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Pillar of the Community
United Kingdom
2896 Posts |
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New Member
 United States
25 Posts |
Thanks, Bacchus2! I plan to purchase it shortly.
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New Member
United Kingdom
4 Posts |
Hi BobbyV,
The coins appear genuine as I have a few of the pictured coins in my collection. I just do not think it would be profitable for people to counterfeit these coins - Palembang tin coins can be found in both Indonesia and Malaysia for very low prices as there is simply no demand compared to the other Malay Sultanates.
Also note that these coins were circulated by the hundreds even in a single transaction! If Malay Peninsular coinage is anything to go by, the cash like coins were bound up in the hundreds by string and even then only formed a tiny fraction of the Spanish 8 reales.
It will be quite a task attributing them - I've yet to attribute most of my very modest collection. Zeno seems to have minimal photos for Palembang coins and I've yet to find the Saran Singh equivalent for Indonesian sultanate coinage. Good luck and have fun!
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Bedrock of the Community
Australia
21788 Posts |
I would be tempted to do a Google search to identify numismatic dealers in London, and throughout Asia / South East Asia for book references to gain some sort of knowledge base.
Ma Tak Wo Numismatic Co. Ltd may be a good place to start. This company has occasional auction asociation with A.H. Baldwin & Sons London, leading international numismatic auctioneers.
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Replies: 8 / Views: 2,661 |
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