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 Replies: 9 / Views: 2,276 |
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Valued Member
United States
58 Posts |
Hi ALL,
Last weekend, while at the flea market, I purchased about 200 chinese coins for $1.00 each from a lady who appeared to be chinese. Krause lists them anywhere from $7.00 to $400.00 each in fine condition.
However, there are several sites that give warnings that there are several fakes out there. Does anyone know how to distinguish real from fake? None of the web sites give this info?
I would upload pics, but can't seem to get camara to work. But they are:
Y# 318.1
Y# 329.6
y# 318a.1
Y# 318a.2
y# 31
y# 14
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Moderator
 United States
23522 Posts |
KinteSmith, I've moved this post to a more appropriate forum, so you can get a more specialized audience for your questions.
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Valued Member
 United States
58 Posts |
Thanks. I'm new to the site and haven't quite figured everything out yet. Even though I read ALL the rules. Thanks again!
Kinte
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Pillar of the Community
Australia
2830 Posts |
G'day, if you hunt around the CCF archives, you will find a thread on exactly this topic about three months ago.
High quality reproductions are made in China in vast quantities. Some people unkindly call them "fakes". They are curios, momentoes, souvenirs.
$1 each is top price. Absolute top. Take comfort that you have made the vendor very happy.
The big clue is weight; but there are other clues. Find that previous thread !
Peter in Oz
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Pillar of the Community
Australia
3831 Posts |
Chances are if the weight is off, I highly doubt you've got any originals. There are still many counterfeits being cranked out daily. With that price, I don't call it a steal but I guess a good example of what an original may cost. These days genuine Chinese coins are going sky rocket high.  My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Moderator
Australia
16816 Posts |
For me, the first hint is in "considering the source". The probability that your Chinese lady seller being unaware that genuine Chinese silver dollars ought to be worth much more than $1 each is effectively zero. They'd have shipped in a bulk lot of fake coins for distribution at flea markets etc. The probability that a genuine coin would accidentally slip through and wind up in a boxful of fakes is also effectively zero. Some old threads on the topic: Scoutjim has a couple of fake dollars. ElleKitty has a genuine half dollar - unfortunately, the pics have stopped working. 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
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New Member
United States
1 Posts |
I also have some fake coins, 1935 crown with George V, 1959 Bermuda Crown, they weigh 22 grams instead od 28.4 and are magnetic, also a 1870 year 3 Meiji 1 yen that weighs 18 grams and is also magnetic. Where are these coins coming from? Is there a set of Crowns of the World Reproductions?What are they made of?
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Pillar of the Community
Australia
3831 Posts |
I'm sure they are all fake if they are magnetic - just made out of cheap iron. Please don't assume that if they look great that they are genuine. I even have a counterfeit die: http://www.omnicoin.com/coins/901676.jpgObviously it's not hard to imagine the rest of the story. |
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Pillar of the Community
United States
2177 Posts |
I noticed that scoutjim has a counterfiet Chinese on the selling or auction forum. It's the first one I've seen.
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New Member
United States
26 Posts |
Hey there,
Chinese silver and gold coins, I have done quit a bit of research on them, since I invest in them myself. Here is the answer you search for.....
The fake pure silver and pure gold coins are actually made in China legally! Yeah, doesn't figure does it. According to the Chinese govt, they can make the coins so long as they do NOT put any money value (10 YUAN or 300 YUAN or whatever) on the coin; that would make them currency and illegal. Also on the reverse side, the side with the stairs, there is no chinese writing in the center of the stairs. If the maker puts either of these things on the coin, then the Chinese govt considers them counterfit. Now, they are only tokens. The metal platting for the silver coins/tokens are usually tin or nickle. I forget what metal they are using to plate the gold coins/tokens with.
I have seen many of these fake ones at coin shows. Trust me, I have made more than one dealer upset when I show them that they are selling fake coins. But, that is why we are all here, to learn from each other.
Good luck with your investing. And never be afraid to ask people for help. I know I have many times asked for help in this site.
GOD Bless
Drdave 
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Replies: 9 / Views: 2,276 |
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Posted 08/17/2007 10:48 pm
