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 Replies: 16 / Views: 2,767 |
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New Member
United States
42 Posts |
I know this is a popular topic here but I have a Kiangnan dollar that I would like opinions on its authenticity. I have had the coin tested and it is 90% silver and the weight is 26.86 grams.   |
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Bedrock of the Community
Australia
21788 Posts |
Hard to do a comparative ring tone test against a known genuine coin in this case, because even the genuine examples varied slightly. That variation even makes XRF testing non conclusive. Nominally, the silver purity is OK, but that varied slightly as well, with genuine coins. Examine the edge milling alongside known genuine examples. Neverthelss, all three tests worth doing to provide some weight in forming an opinion. Looks OK in the pictures, but I know nothing about die variation with these. So far, my opinion is  |
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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?
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New Member
 United States
42 Posts |
I found it in a melt bin at a silver/gold exchange :-)
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New Member
United States
42 Posts |
Do the chopmarks affect the value very negatively?
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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? |
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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.
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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.
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New Member
United States
42 Posts |
I sent it off to Anacs today so I will see the result soon
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Pillar of the Community
Hong Kong
1270 Posts |
Kolhoznik, I am looking forward to the outcome. I hope you can update us.
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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.
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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?
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Pillar of the Community
Hong Kong
1270 Posts |
Y#145a.2 from the World Coins Catalog.
Congratulation Kol, best buy from small money.
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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.
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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.
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New Member
United States
42 Posts |
By no grade do you mean the Details grade? It received a technical grade of EF 40
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Replies: 16 / Views: 2,767 |
Posted 03/06/2015 8:40 pm
