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Chopmarked Silver Coins

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0xDA71D's Avatar
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 Posted 08/24/2014  10:51 pm Show Profile   Bookmark this topic Add 0xDA71D to your friends list Get a Link to this Message Number of Subscribers
Don't know if this is in the right forum but I am wondering if anyone has seen a counterfeit silver coin that has been chopmarked. Seems like a lot of Chinese counterfeit silver coins do not have chopmark, that is my observation. I've personally never seen any counterfeit chopmarked coins and it just seems like making fake chopmark is not something counterfeit factories do...

So if this holds true, I can be confident in buying any chopmarked silver coin in that it most likely is not fake.
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jfransch's Avatar
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 Posted 08/24/2014  11:43 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
0xDA71D
In addition to real coins with real chopmarks,there are lots of fake coins with fake chopmarks,lots of real coins with fake chopmarks, and some fake coins with real chopmarks (this last type is rare and collectible). Having a chopmark is no sign of authenticity. Check out several of the older threads in the World Coin Forum on fakes and chop marks. There is also a brand new book on Chop Mark Coins by Colin Gullberg that just came out in the last month and was first available at the ANA Worlds Fair of Money that was held earlier this month in Chicago.
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 Posted 08/25/2014  12:07 am  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
how to tell real chopmark from fake? I mean, even I can make a chopmark!

I'm Chinese so if I stamp a coin, does that make it a real chopmark because it's done by a Chinese person?
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jgenn's Avatar
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 Posted 08/25/2014  12:50 am  Show Profile   Bookmark this reply Add jgenn to your friends list Get a Link to this Reply
A genuine chop would have come from a Chinese or South East Asian shroff (money changer) primarily during the late 18th century through 19th century. Their ability to detect counterfeits was limited to their familiarity with the particular Trade dollar and the quality of their measurements for weight and specific gravity. Our CCF colleague, swamperbob, asserts that many high-quality portrait 8 reales restrikes were sent to China so it's likely many of these were chopped, too.
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 Posted 08/25/2014  04:48 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
A chopmark coin does not necessarily mean that the original host coin is genuine. I have seen chopmarked coins that are not genuine.

There is no straight forward answer to identifying counterfeits as counterfeiters will use anything to fool you to think it's genuine. The moment someone puts tips on how to identify counterfeits, they can read this and find solutions to counter it.
My partial coin collection http://www.omnicoin.com/collection/gxseries
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Regularly updated at least once a month.
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 Posted 08/25/2014  05:04 am  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Sometimes they cast fake coins with chopmarks already on them, those are much easier to identify.
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 Posted 08/25/2014  09:20 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
It's getting so the counterfeiters will be copying other counterfeited coins. So does a counterfeited counterfeit still be considered a fake? Or is it just a counterfeited copy?
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 Posted 08/25/2014  11:05 am  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Lol... fake is fake
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0xDA71D's Avatar
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 Posted 08/25/2014  11:20 am  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
what does this look like?
Chopmarked-Silver-Coins real or fake?

chopmark is real? Or coin is real? Or both?
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0xDA71D's Avatar
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 Posted 08/25/2014  11:22 am  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
looks like it reads ding on the front. Ding is 46th most common surname in the PRC
Edited by 0xDA71D
08/25/2014 11:22 am
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 Posted 08/25/2014  1:35 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Just graffiti, sorry. Not chopmarks.
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0xDA71D's Avatar
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 Posted 08/25/2014  1:58 pm  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
does this coin look real?
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 Posted 08/25/2014  2:01 pm  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
Chopmarked-Silver-Coins
That's a chopmark. I know because it reads in Chinese
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 Posted 08/25/2014  3:56 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
I would highly recommand you to read up on the history of chopmarks.

Chopmarks are essentially a mean for merchants to test whether the coin has silver content in it or plated silver or debased silver. This was their means of testing for counterfeit.

You may see examples with little to multiple chopmarks. As of why there was a need to do multiple chopmarks, merchants back then have already realized that having some chopmarks on coins do not mean a thing to them - they still have to physically test it to find out if they are indeed genuine or not.

This applies to all types of silver including smaller silver denomination although you would find chopmarks on smaller denomination coins a lot less common.

Personally I take them as damaged coins. Some find it collectable; I buy them only if the price is right.

As to answer if the above coin is genuine or not, standard test still apply. Couple of questions one should ask is the weight of the coin and how the edge looks like. Chances are, it's likely to be genuine but you can never be sure when you are dealing with such coins.
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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jfransch's Avatar
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 Posted 08/25/2014  10:12 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I would consider the mark on that coin as graffiti, not as a chopmark.
Here is a nice example of a chop marked coin, perhaps 0xDA71D could tell us the meaning of the chops (assuming they are Chinese which they may not be since many Asian countries chop marked coins).

Chopmarked-Silver-Coins

Chopmarked-Silver-Coins
Pillar of the Community
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 Posted 11/13/2014  5:58 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
This page may be of interest and illustrates a good example of how chopmarks do not guarantee authenticity of the coin.

https://registry.ngccoin.hk/news/ar...irin-dollar/
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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