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Chinese Silver Yuan -- How To Quickly Detect Real

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Pillar of the Community
0xDA71D's Avatar
United States
1215 Posts
 Posted 07/29/2014  11:28 pm Show Profile   Bookmark this topic Add 0xDA71D to your friends list Get a Link to this Message Number of Subscribers
Hey, I'm going back to China (Shanghai) in a few weeks (I'm 100% ethnically Chinese)and I would like some knowledge on how to find real coins amid thousands of fakes. I'm going to the antiques market where at Chen Huang Miao where hundreds of individual sellers lay out 99.99999% fake antiques and copper "silver" Yuans. I'm talking Fatmans and 7.2 Dragons. But I've heard success stories of people happening to find that 0.00001% real deal given enough scrutiny. Last time I went there, I got a bag of B* for so much money. The people there don't let you acid test or use a scale for their coins, but it's interesting how among 1000 fake coins they sell, in the same stack, there might be 1 real thing. The fakes I have, most are underweight, but some are the right weight, but of extra thickness to make them weight right. Any tips of finding the real thing or at least taking home a bag of half fake half real at a bargain price would be appreciated.
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tokenmast's Avatar
United States
648 Posts
 Posted 07/30/2014  04:27 am  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply
to sort through 100's of coins without being too obvious?

How about wearing a ring or bracelet, that could check for the most common off metal ingredient; iron. In a whole bunch of silver coins it will not catch everything. Just give you a way to look and not touch Ha!

A neo-magnet array could do the job nicely,
an array (checkerboard pattern) can pull right through plastic covers and catch ones you sure don't want.

Sounds like a fun test lots of samples Happy to send one to you. free for posting how well it works or not in the field!
Pillar of the Community
Australia
3831 Posts
 Posted 07/30/2014  07:24 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Here's a word of advice - avoid them if you don't know what you are buying. There are some super counterfeits out there where magnet test, weight test etc all fail.

There's a reason why real coins are worth so much and it's worthwhile for counterfeiters to make counterfeits. Here's an idea of how cheap counterfeits are - I have a counterfeit 1 yuan coin which was worth 12 US cents a few years back. How cheap is it to counterfeit one of those "silver" yuan coin? Very cheap - I reckon it's less than 1 dollar top. Yes, you can talk about high quality silver but that's to strike coins worth several hundreds. To make 50 bucks out of a counterfeit, it's a fat profit for counterfeiters. You would have better luck winning a few dollars buying a lotto rather than finding a genuine coin, especially in China.

The era of cheap genuine silver Imperial Chinese coins is over. This is a land mine and if this puts you off, I'm glad I'm putting one less buyer buying counterfeits. Best advice is to buy catalog - these are still very cheap or check online auctions offered by major auction houses. They are decent reference material.

The good news is, you can still buy genuine Fat Man yuan coins for around 100 dollars or so. There are several varieties noted - many common, some are rarer such as the Xinjiang and Gansu varieties. Smaller denominations especially Guangdong Province are more affordable.
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.
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0xDA71D's Avatar
United States
1215 Posts
 Posted 07/30/2014  10:03 am  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
in regards to the supercounterfeits, then how would they replicate the density without using real silver?

edit: oh lead...
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Conder101's Avatar
United States
17884 Posts
 Posted 07/30/2014  1:10 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Any tips of finding the real thing

Spend twenty years or more intensely studying genuine Chinese pieces so you can identify them on sight.
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 07/30/2014  1:29 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
If I was you, I'd not be searching and spending hours at an antiques market for that 0.00001% chance of finding a genuine example. I'd rather spend that time at a reputable dealer's store looking through some genuine examples and buying one from there. Saves time, saves all the extra work (which may get you nothing), and you can be sure about the coin's authenticity.
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tokenmast's Avatar
United States
648 Posts
 Posted 07/30/2014  1:40 pm  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply
Sadly I agree .....with Conder101

gxseries That is very good advice...



Quote:
a bag of half fake half real at a bargain price


priceless
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0xDA71D's Avatar
United States
1215 Posts
 Posted 07/30/2014  2:25 pm  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
:'(
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0xDA71D's Avatar
United States
1215 Posts
 Posted 07/30/2014  2:28 pm  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
I was thinking there would be some coins I can buy in China. Alas, if I have to buy from Chinese shops, I might as well turn to ebay. Chinese coin dealers may also sell fakes.
Edited by 0xDA71D
07/30/2014 2:29 pm
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