| Author |
 Replies: 16 / Views: 2,768 |
Page 2 of 2
|
|
|
|
Pillar of the Community
Hong Kong
1270 Posts |
Welcome!
Looks ok to me. If you are sure it is 90% silver, correct weight (~26.8-27.1g) and the engraving of the reeded edge is consistent, it is real to me.
Very nice coin, should it be bought from an auction house?
|
|
New Member
 United States
42 Posts |
I found it in a melt bin at a silver/gold exchange :-)
|
|
New Member
United States
42 Posts |
Do the chopmarks affect the value very negatively?
|
|
Pillar of the Community
Hong Kong
1270 Posts |
Quote:
I found it in a melt bin at a silver/gold exchange :-) I reserve my opinion. This nice coin if genuine, it costs at least US$200.00 (even if the chop here). But you said you found it in a melt bin. Just by common sense, I query its authenticity now! Do all other people "blind"? How are you sure it is made of silver? Can you post some edge pictures of the coin then? |
|
New Member
United States
42 Posts |
It was not in a traditional melt bin. I went in and asked the owner if he had any would silver coins. He doesn't deal at all with foreign coins and I asked if I could look at what he had. I said I would pay 5% over melt if I could look through them. No one but the owned looked at the bin.
|
|
Pillar of the Community
Hong Kong
1270 Posts |
Oh, you must have a best buy.
Even if this coin is not genuine, melt value plus 5% is still a small amount to bat a large treasure or a lesson to learn.
|
|
New Member
United States
42 Posts |
I sent it off to Anacs today so I will see the result soon
|
|
Pillar of the Community
Hong Kong
1270 Posts |
Kolhoznik, I am looking forward to the outcome. I hope you can update us.
|
|
Pillar of the Community
United States
5362 Posts |
kolhoznik I hope you took good edge photos of the coin before sending it off. Once encapsulated (presuming it is) the edge will be unavailable to photograph.
BTW I am not a fan of encapsulation of coins because I see the TPGs as grading specialists but not always great at authentication.
|
|
New Member
United States
42 Posts |
I got the dollar back and it got EF 40 details (chopmarked/cleaned). So I am happy. Can anyone identify the Krause number?
|
|
Pillar of the Community
Hong Kong
1270 Posts |
Y#145a.2 from the World Coins Catalog.
Congratulation Kol, best buy from small money.
|
|
New Member
United States
42 Posts |
Can anyone tell me what this coin's value is on the market? I have been told that Krause is not the most accurate on Chinese coins.
|
|
Pillar of the Community
United States
5362 Posts |
Krause is good only for relative values. Your best bet is to search Heritage and Stacks auctions on-line and look for comparables. The no grade will hold value down in this market but it is worth much more than you paid.
|
|
New Member
United States
42 Posts |
By no grade do you mean the Details grade? It received a technical grade of EF 40
|
|
Pillar of the Community
United States
5362 Posts |
Yes ANACS details grades do not carry much of a premium in most auctions.
|
|
Page 2 of 2
|
Replies: 16 / Views: 2,768 |
Page 2 of 2
|
First Page
Posted 03/06/2015 9:35 pm
