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5 Cents 1898. PEI Yang Arsenal, Kuang-Hsü Year 24 Estate Find

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United States
18 Posts
 Posted 03/03/2024  12:47 am Show Profile   Bookmark this topic Add Solver3301 to your friends list Get a Link to this Message Number of Subscribers
I found this in an old estate jewelry box, its solid sterling. Does it look authentic? Should I send it in for grading?
5-Cents-1898.-PEI-Yang-Arsenal,-Kuang-Hsü-Year-24-Estate-Find
5-Cents-1898.-PEI-Yang-Arsenal,-Kuang-Hsü-Year-24-Estate-Find
*** Edited by Staff to clarify topic title. Please put as much info in the title as you can, they are very important. ***
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John1's Avatar
United States
56855 Posts
 Posted 03/03/2024  04:08 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

The pros are going to want weight and size. Have you done the tissue test? Magnate test?
John1
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United States
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 Posted 03/03/2024  05:13 am  Show Profile   Bookmark this reply Add Solver3301 to your friends list Get a Link to this Reply
Thank you John. Its around 10mm in size. Smaller and much thinner than a U.S. dime. It weighs 1.27 grams.
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United States
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 Posted 03/03/2024  05:30 am  Show Profile   Bookmark this reply Add Solver3301 to your friends list Get a Link to this Reply
Here's a photo of it next to a dime
5-Cents-1898.-PEI-Yang-Arsenal,-Kuang-Hsü-Year-24-Estate-Find
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oriole's Avatar
Canada
5238 Posts
 Posted 03/03/2024  09:21 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
That's a 10 cent coin of the province of Chili in China. y70 in Krause. It is listed as 82% silver, and it looks to be in Fine Condition at best.
Assuming that it is not a fake, NGC lists its value at $8 in VG and $75 in VF.

Hence not worth the cost of grading.
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United States
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 Posted 03/03/2024  10:42 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
NGC is, of course, just Krause data. Krause (RIP) pricing for Chinese coins... in 2024? For real?!!

Yes, it is, um, **Chihli** province, China... Year 24 (1898). However, as the weight and size suggest, it's actually the 5 cents (AKA "3.6 candareens") rather than the 10 cents denomination.
https://www.ngccoin.com/price-guide...duid-1299483

Miracle of miracles, it looks genuine! I chuckled when I saw the "Yuan... estate find". The Yuan is the large, dollar equivalent coin, and 99% of such coins posted on forums are obvious modern fakes from people with apparently very undiscerning grandparents. Even a lot of the minor denominations are faked. This piece, however, appears honest. A tad grungy, but certainly not a horrible piece overall.

Some comparables... First, a screenshot of ebay sales over the last few years. Then, a few Stack's auction links. Several of these are, to me anyway, overgraded - both major grading services have gotten rather liberal on lower/mid-grade circulated world pieces. At any rate, look at the actual coins themselves vs. yours and compare.

These really jump in price in better grades but this specimen isn't there. Still a nice find - definitely a better Chinese minor.

I included some "Year 23"... slightly lower mintage than "Year 24" and thus a tad scarcer, but their value is in the ballpark.

https://auctions.stacksbowers.com/l...vironmental-

https://auctions.stacksbowers.com/l...pcgs-fine-12

https://auctions.stacksbowers.com/l...e-vf-details

https://auctions.stacksbowers.com/l...-gold-shield

5-Cents-1898.-PEI-Yang-Arsenal,-Kuang-Hsü-Year-24-Estate-Find
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United States
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 Posted 03/03/2024  10:45 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Moderators, for better pertinence, can the title of this thread be edited to "5 cents 1898..." rather than the incorrect "1 Yuan 1898..."?
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oriole's Avatar
Canada
5238 Posts
 Posted 03/03/2024  11:55 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Yes, sorry it is the 5 cents! Sorry, for some reason I was thinking it was 2.7 grams not 1.27 grams.
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John1's Avatar
United States
56855 Posts
 Posted 03/03/2024  2:55 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I fixed the title
John1
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jbuck's Avatar
United States
187446 Posts
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IndianGoldEagle's Avatar
United States
36415 Posts
 Posted 03/04/2024  7:38 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Looks genuine and grade F-15.
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Australia
3831 Posts
 Posted 03/28/2024  10:32 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Scratches in the middle might hurt the grade, nevertheless still a difficult coin to find today.

Nice one!

This is my example that I bought many years back

5-Cents-1898.-PEI-Yang-Arsenal,-Kuang-Hsü-Year-24-Estate-Find
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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