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 Replies: 11 / Views: 4,027 |
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New Member
United Kingdom
8 Posts |
Hi everyone I was hoping somebody could identify this coin for me please thanks in advance   |
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Bedrock of the Community
Canada
11922 Posts |
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Rest in Peace
10197 Posts |
 to the forum! First off, I'm calling it a fake. 1) in Korean, it's spelled "HWAN" not WHAN, 2) there is no 1 hwan denomination, period. 3) your fake is patterned after the lesser "Chon" denom like this:   |
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New Member
 United Kingdom
8 Posts |
Hi, thank you for your responses. To answer your question of is it 1 coin? Yes, the two photos are front and back so presumably a fake as suggested too #128532; But explains the lack of information on the internet. Thanks guys
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Pillar of the Community
United States
1913 Posts |
There is or was a 1 WHAN coin dated 502 (1893), and spelled "WHAN", so one side of this coin looks like KM#1115 which is typical of fakes coming out of China and confusing many as they find their way into new hands.
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Moderator
 United States
34398 Posts |
@Me2u99, I agree with Crazyb0 and Albert, but I wonder if you could also check to see if your piece is attracted to a magnet? It shouldn't be (and many, but not all, fakes are). The black spotting on your first pic might be corrosion of a steel core poking through the plating.
"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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Valued Member
Korea, Republic Of
489 Posts |
This is so so fake. I collect Korean coins and live in Korea. There is no reason to test this on a magnet. Let me point out a few things. The back of your coin says 5 yang in Hanja characters, but the front of the coin says 1 Whan. Secondly, Crazyb0 is incorrect with his first two points: Quote:
First off, I'm calling it a fake. 1) in Korean, it's spelled "HWAN" not WHAN, 2) there is no 1 hwan denomination, period The true 1 Whan coin IS spelled Whan. And secondly there technically is a 1 Hwan demomination, but its a pink bill, not a coin. The true 1 WHAN coin is rediculously expensive and is a big target for fake coin makers. Third, on the front of the coin, in Korean it say "dat (short for da seot "5" in Korean) nyang (ryang)" which infers a 5 Yang coin, but the bottom says 1 Whan. This is a fake on so many levels including the font, the spacing of the WHAN characters, and well... basically everything. This would be like buying a 100 Bill but in writting it says One Dollar. Send it back to the seller. There are loads of these on ebay that are selling like hotcakes and there is nothing we can do to stop it. Best rule of thumb: Is it a Korean coin? Yes? Does it come from China? Yes? Its fake. Edited by Lembafc
04/13/2017 8:46 pm
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Rest in Peace
10197 Posts |
Lembafc, please note my signature...ummmmm, tastes Good! Learn sumting new each day  |
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Valued Member
Korea, Republic Of
489 Posts |
Crazyb0, you are legit crazy :) I wasn't jabbing at you, just making sure the fella has the right information.  |
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Pillar of the Community
United States
1913 Posts |
There is a (Not Allowed) seller in China that makes replicas of the Korean 1 WHAN coin. The one I have isn't attracted to a common magnet, but if you approach a suspended super magnet with the coin, it will pull the magnet towards it. The magnetic attraction is very weak.
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New Member
United Kingdom
8 Posts |
Hi everyone, thank you so much for your responses luckily no money has changed hands for the coin as it was given to me among others in an old tin that was found. And would never try sell them as the real thing if they were not. Thanks again guys I really appreciate it.
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Pillar of the Community
Australia
3831 Posts |
This is an early generation fantasy nonsense mule that appeared in the early 2000s. Mind you, a genuine 1893 1 hwan is worth easily in the 5 figure mark as the survival rate is estimated to be at just 77 - the rest melted down. A genuine 1892 5 yang is easily in the 4 figure mark.
These days super counterfeits have appeared with the right weight. The only thing that you can tell apart is their luster.
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Replies: 11 / Views: 4,027 |
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Posted 04/13/2017 12:34 pm
