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Help With 1921 China Fatman Dollar

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Author Previous TopicReplies: 12 / Views: 4,762Next Topic  
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Matt2727's Avatar
United States
219 Posts
 Posted 02/13/2017  9:35 pm Show Profile   Bookmark this topic Add Matt2727 to your friends list Get a Link to this Message Number of Subscribers
Hello again everyone

I recently purchased this 1921 ROC One Yuan.

It appears to me the coin is uncirculated although it does have major issues including a huge carbon spot on the reverse and several other ones are puns the coin.

The pictures really don't do the coin justice, it has original cartwheel luster, especially on the reverse.

Anyone have any ideas on the grade and value of this coin?

Help-With-1921-China-Fatman-Dollar

Help-With-1921-China-Fatman-Dollar
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Spence's Avatar
United States
34447 Posts
 Posted 02/13/2017  9:46 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@matt2727, as you may know, these fatman coins are widely counterfeited. In fact, I'm not 100% sure that I've ever seen a real one. Here are some other CCF threads which may help you with your determination:

http://goccf.com/t/90583
http://goccf.com/t/274570
http://goccf.com/t/275619

and an old one from numismaster:
http://numismaster.com/ta/numis/Art...ticleId=7067


"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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nss-52's Avatar
United States
54283 Posts
 Posted 02/13/2017  9:47 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
This is one of the most counterfeited coins on the planet.

In general where did you purchased it? Was it expensive or cheap?
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Crazyb0's Avatar
10197 Posts
 Posted 02/13/2017  10:01 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Not sure of your date, three far left characters. Yours looks AU55 tops, some wear and nicks. NGC lists as $60 in XF40, yours actual (if you sell it) would be worth @ $30-40. Melt value is $13.51, .890 fine, .7554oz ASW, y#329.6. That's the good news, this is one of the most copied fakes made in Hong Kong chop shops, not saying yours is, but beware of Chinese fakes, have one that looked like yours in sale photo, but...out $26.00!

Everyone's beating me to it! Matt, check the weight if you can, should be 26.4g
Edited by Crazyb0
02/13/2017 10:06 pm
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Matt2727's Avatar
United States
219 Posts
 Posted 02/13/2017  10:18 pm  Show Profile   Bookmark this reply Add Matt2727 to your friends list Get a Link to this Reply
Well, I weighed the coin using a scale accurate to 0.01 grams, and it did come out as 26.4 grams.

I purchased it from my local coin dealer in his "world silver crown" bin for $25.

I have not done a definitive silver test on it, but it does sound and look like real silver, I am almost positive that the metal is genuine.





Edited by Matt2727
02/13/2017 10:19 pm
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Arkie's Avatar
United States
2637 Posts
 Posted 02/13/2017  11:28 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply

Quote:
NGC lists as $60 in XF40, yours actual (if you sell it) would be worth @ $30-40.


Wow, these were bringing $75 3-4 years ago.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/14/2017  06:46 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Check with weight comparative ring tone and XRF.
Pictures look OK.
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silverai's Avatar
Canada
117 Posts
 Posted 02/14/2017  06:51 am  Show Profile   Bookmark this reply Add silverai to your friends list Get a Link to this Reply
IMO, if your coin is real and you have good feedback score on ebay, ebay price is around $80 USD without slab, $250 USD with slab.
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silverai's Avatar
Canada
117 Posts
 Posted 02/14/2017  06:55 am  Show Profile   Bookmark this reply Add silverai to your friends list Get a Link to this Reply
Crazyb0, I don't think you can get a real fatman dollar on ebay for $30-40.
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nss-52's Avatar
United States
54283 Posts
 Posted 02/14/2017  09:37 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
You should probably post photos of the whole coin (not like your second photo), both sides, straight on (not like your first photo), well lit but no glare (not like either of your photos), and in clear focus, so that a better evaluation of this coin can be made to answer your questions.
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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 03/02/2017  7:11 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
The dentils are mushy and irregular in some places, and seem to totally disappear in others. Now, while some of these Yuan Shi-Kai were struck (and restruck) with very worn dies, and the weight is right, overall I'm still inclined to judge this a counterfeit. A debased "warlord" copy is not out of the question. The weight seems to preclude a modern numismatic forgery, but you should see if a magnet sticks to it. Determining specific gravity would seem to be be the next logical step after that.

Colligo ergo sum
Edited by Lucky Cuss
03/02/2017 8:56 pm
Pillar of the Community
Australia
3831 Posts
 Posted 03/03/2017  05:36 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
A photo of the edge may reveal more information.

Mind you - some dealers will offload such coins at whatever prices they like. If genuine, it might be worth around 100 dollars but for some, as long as they can make a buck out of it, that's how it is.
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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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 03/03/2017  2:23 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
I was actually offered two 1921's yesterday (one chopmarked) in roughly VF condition by a reputable dealer for $40 apiece. Genuine examples really aren't all that uncommon, but as has been pointed out already, the collecting world's become awash in modern phonies to the point that raw specimens now have to be presumed a risky proposition....

Colligo ergo sum
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