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Posted 03/18/2016 02:14 am
Quote:
I wonder where people got their numbers from.
I wonder where people got their numbers from.
Quote:
Actually, the demand for these coins hasn't really fallen for these coins as much as you might think. The rarer pieces are still going for as strong or stronger prices than they were 5-10 years ago. A traceable provenance to before 1985 nearly doubles the value as the coin is unquestionably guaranteed genuine.
Yes the high amount of counterfeits does deter collectors, but that happened decades ago when the really good counterfeits were around, and the interest level has stayed about the same. But this is just for the expensive ($30+) stuff.
The hype that the Chinese coin market is flooded with fakes, while true, shouldn't be a deterrent for the collector beginning to collect Chinese. Though I have seen some counterfeits of the cheap stuff, they are very easily spotted when one knows what to look for as the counterfeiters don't want to spend their time on making good counterfeits of $5 coins. Genuine cash is plentiful, even on ebay, and completing a collection of the inexpensive varieties would take years because of the huge amount of varieties.
Actually, the demand for these coins hasn't really fallen for these coins as much as you might think. The rarer pieces are still going for as strong or stronger prices than they were 5-10 years ago. A traceable provenance to before 1985 nearly doubles the value as the coin is unquestionably guaranteed genuine.
Yes the high amount of counterfeits does deter collectors, but that happened decades ago when the really good counterfeits were around, and the interest level has stayed about the same. But this is just for the expensive ($30+) stuff.
The hype that the Chinese coin market is flooded with fakes, while true, shouldn't be a deterrent for the collector beginning to collect Chinese. Though I have seen some counterfeits of the cheap stuff, they are very easily spotted when one knows what to look for as the counterfeiters don't want to spend their time on making good counterfeits of $5 coins. Genuine cash is plentiful, even on ebay, and completing a collection of the inexpensive varieties would take years because of the huge amount of varieties.
This post by you is what lead to the Low guesses. Not sure if you didn't explain what you where trying to say right but it sounded like they where to be had under $30 unless a good example
