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What Are These Coins?

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Valued Member
srcliff's Avatar
United States
453 Posts
 Posted 03/02/2014  10:55 am  Show Profile   Bookmark this reply Add srcliff to your friends list Get a Link to this Reply
I found the Maxxico coin very interesting and although I found several of them on e-bay I would have to say that they are much more modern than the 1884 on the coin. I'm not sure if some one minted them to trick other locals into thinking it was Mexican currency or what. My theory is that by using the name of a country that doesn't exist the person producing this coin lowered his risk of being charged with forgery. Its a rather interesting mystery but I don't think worth much.
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Sap's Avatar
Australia
16849 Posts
 Posted 03/02/2014  5:57 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
My theory is that by using the name of a country that doesn't exist the person producing this coin lowered his risk of being charged with forgery.

That might be true in other countries, but not China. It is not illegal to make fake coins in the PRC (unless they are fake PRC coins, in which case they're in big trouble if they get caught).

I think the "Maxxico" coins came about originally from someone with little command of English, or the Western alphabet generally. But tourists kept buying them, so they kept making them.

And in case you're wondering what shanew is on about, he recently bought an entire album of "silver dollars"; sadly, every single one of them was fake.

Back to Helen's questions.

Passing the magnet test does not mean they are genuine, only that they are not steel. There are plenty of other tests you can try. If you have access to an electronic balance or scales that can weigh to the nearest 0.1 grams, weigh them; genuine silver dollars weigh around 27 grams. The fakes can weigh as low as 18. Again, passing the weight test does not mean they are genuine, only that they are not underweight fakes.

There aren't any general rules to apply as to appearance; you sort of have to go through them case-by-case.

Set 1 top left is actually a copy of a Japanese silver yen from 1870. While the pic is too small to be absolutely sure, even from this distance the details do not look right; the leaf-wreath, in particular, looks too coarse. Here's a genuine one on NGC.

Set 1 top right also claims to be an 1870 Japanese yen, but it is a "fantasy dollar"; no such genuine coin was ever actually made in Japan, though a few were apparently made in China as local copies a hundred years ago. Those "contemporary fantasies" have been given a listing in the "Unusual World Coins" book of unofficial coins and so also appear on NGC.

Set 1 bottom left is an early Chinese "Junk dollar" (that's "junk" as in the type of boat, not "junk" as in rubbish) known as the birds-and-sun type. This particular design was unpopular when it was in circulation: made in 1932, the Rising Sun and the birds flying overhead reminded too many people of the Japanese bombers (Japan invaded China in 1933); subsequent Junk Dollars had the birds and sun removed. Here it is on NGC. I can tell yours is not genuine because the two Chinese characters on either side of the boat are too close to the rim, but another way to tell many of the fake birds-and-rays dollars is this: the "rays" are supposed to form straight lines that carry through from one side of the ship to the other, but on the fakes there are often discontinuities. Here's some pics I made to illustrate, based on a pic of another fake Junk Dollar someone posted earlier on the forum.

Junk Junk: ray on far side of sail does not line up with the same ray coming out of the sun. Also note how the two characters are nearly touching the rim, and the general crudeness of the design.
What-Are-These-Coins?

Good Junk: ray lines up perfectly.
What-Are-These-Coins?

Set 1 bottom right is another "fantasy dollar"; this one is based on patterns made in Europe in an effort to convince the Chinese government to order coins from them. The original unofficial patterns are listed in UWC and the listing (unfortunately without pictures) can be seen here. Genuine examples never made it to China so are very, very unlikely to be sold from there.

The stories for the coins in your other Sets are similar: a mixture of possibly-genuine coins with impossible fantasies.
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
RogerRamjet's Avatar
United States
172 Posts
 Posted 03/03/2014  01:28 am  Show Profile   Bookmark this reply Add RogerRamjet to your friends list Get a Link to this Reply
Hi Helen! Your British Trade dollar looks pretty convincing to me. If it's a fake, it's much higher quality than most. I'm not an expert and these coins are very often faked so I don't want to get your hopes too high. But I can usually see errors in such fakes right away and I'm just not seeing them in your coin. If it really came from a different source, that would be significant. I would never trust a coin from the same source as your other coins. By the way, don't attempt to clean it. If it is real, that would harm its value.
Valued Member
srcliff's Avatar
United States
453 Posts
 Posted 03/03/2014  08:49 am  Show Profile   Bookmark this reply Add srcliff to your friends list Get a Link to this Reply
Good old Wikipedia has a picture similar to the Trade dollar with the lady with spear in your last set. I really don't have much knowledge of these coins or a really good eye but as mentioned above, if anything is real it may be that one.
New Member
Singapore
6 Posts
 Posted 03/03/2014  11:08 am  Show Profile   Bookmark this reply Add HelenALyle to your friends list Get a Link to this Reply
[It finally occurred to me to use the formatting tools available above... lol]

srcliff: Yes I was weirded out when I saw the Maxxico America coin... lol I didn't remember this coin within the stash, and it's been years since I last took them out to erm, play with them (yes, play... *grimace* I was a silly 6 year-old back then)

From the google results for "maxxico", it appears that these Maxxico coins showed up around the early 2000's.. But since I got my hands on them in the late 80's, I'm pretty sure these coins pre-date the early 2000's...

And as for the British Trade Coins, the wiki page says that there could be mint marks of "B" and "C" on the trident or near the shield respectively... Now I'm really curious to know whether my coins have these mint marks.. Couldn't tell from the pics on my computer, so i'll go dig the actual coins out (tomorrow morning haha)..

Sap: Gosh, I'm just blown away by how much you know about the coins.... plus their histories too! Yes, upon comparison with the pictures of the genuine coins, I can definitely see that the designs on my coins aren't as focused and sharp as they could, or should, be... And the thing about the rays following through is hilarious! One would think that the counterfeiters would have paid more attention to such details haha..

I guess I'm disappointed that these china coins didn't turn out to be genuine, but I'll still hold onto them as a keepsake... I'm quite protective of family heirlooms, even though I can't specifically identify the relative who gave them to me hehehe... Meanwhile, I'll go trawl through NGC to try to find genuine versions of the coins in the other sets.. :) Many thanks for your help in solving some of the mysteries which surrounded these coins!

RogerRamjet: Yay I'm so glad to hear that!! I can't remember if it was the same family member who had given me these Trade coins, but when I finally dug my whole bag of coins out from the abyss of my closet last week, the counterfeit china coins were wrapped separately from these trade coins and the (genuine) Qing Dynasty coins.. The latter 2 types were in a small metal tin, which was also probably their original packaging when they first came to me

Would you happen to know if these trade coins are wholly made of silver, or is it just some other metal? And assuming that they are genuine, would you also happen to know how much these would be worth?

coinsaus: Thanks for the welcome!!

shanew: Oh dear I'm so sorry to hear about your silver dollars... hope the damage isn't too great I would be so mad!!
Valued Member
RogerRamjet's Avatar
United States
172 Posts
 Posted 03/03/2014  8:52 pm  Show Profile   Bookmark this reply Add RogerRamjet to your friends list Get a Link to this Reply
Here are some details about British Trade dollars...
https://www.ngccoin.com/poplookup/w...mSearch=true
Prices are only rough guidelines. Grading is subjective but yours is probably in the VF20 to XF40 range.
My recommendation is to focus on verifying proper weight next. As Sap said, good fakes can have the proper weight but most fakes don't.

Hope that helps!
New Member
Singapore
6 Posts
 Posted 03/06/2014  08:49 am  Show Profile   Bookmark this reply Add HelenALyle to your friends list Get a Link to this Reply
niceeeeee! hopefully they check out on the scales too :)

Thanks, RogerRamjet!!
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