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Trouble With An Old Yuan

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New Member

Czechia
17 Posts
 Posted 08/07/2025  8:13 pm Show Profile   Bookmark this topic Add INeverSaidThat to your friends list Get a Link to this Message Number of Subscribers
Hi. What would you do with this coin?
Have it graded? With PCGS or NGC? Sell it now? Where and how? Dealer, online, auction? Hong Kong, US, Europe? How much to ask?
Trouble-With-An-Old-Yuan
Trouble-With-An-Old-Yuan
Pillar of the Community
Australia
3831 Posts
 Posted 08/07/2025  8:34 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
It's China - Fengtien 1899 1 yuan. Check the weight. Definitely a lot of fakes but this looks quite decent.

If genuine, it's a strong 4 figure coin.

https://en.numista.com/catalogue/pieces17683.html
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.
New Member
Czechia
17 Posts
 Posted 08/08/2025  12:47 pm  Show Profile   Bookmark this reply Add INeverSaidThat to your friends list Get a Link to this Reply
Sure, the weight is right.
The question is how strong? And how to make it as strong as possible?
Bedrock of the Community
JimmyD's Avatar
Canada
21590 Posts
 Posted 08/08/2025  1:25 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Also see if it sticks to a magnet. If it is silver, it will not stick.
New Member
Czechia
17 Posts
 Posted 08/08/2025  2:14 pm  Show Profile   Bookmark this reply Add INeverSaidThat to your friends list Get a Link to this Reply
Sorry, I wasn't clear in the initial post. Let's just assume it is genuine. What would you do if you wanted to sell it? Not that I want to do that, but I am just thinking of that scenario.
Pillar of the Community
United Kingdom
1314 Posts
 Posted 08/08/2025  4:12 pm  Show Profile   Bookmark this reply Add andyg to your friends list Get a Link to this Reply
I would get it graded by an encapsulating service first before selling, it would fetch a good price.
There are too many fakes about that put potential buyers off paying a good price for these.
New Member
Czechia
17 Posts
 Posted 08/08/2025  5:05 pm  Show Profile   Bookmark this reply Add INeverSaidThat to your friends list Get a Link to this Reply
I would be inclined to do that too. But with PCGS or NGC? And what would be the best channel to sell it? Dealer, online, auction? Hong Kong, US, Europe? How much to ask?
Pillar of the Community
United Kingdom
1314 Posts
 Posted 08/08/2025  5:17 pm  Show Profile   Bookmark this reply Add andyg to your friends list Get a Link to this Reply
If it were mine, I would send it off to be graded - then it want's putting in an auction, probably in the US for the best price but there are quality auction houses in the EU too.
Pillar of the Community
Australia
3831 Posts
 Posted 08/08/2025  7:07 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Before sending off to overseas, I would research about customs, fees and potential taxes in your country first. It's a bit pointless sending it off and something happens.

Stacks usually does a pretty big Chinese coin auction and they also do have a branch in Hong Kong.

Best of luck!
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.
New Member
Czechia
17 Posts
 Posted 08/10/2025  10:54 am  Show Profile   Bookmark this reply Add INeverSaidThat to your friends list Get a Link to this Reply
Great, maybe I'll write to Stacks just to see what they have to say.
I think I should have it graded, but I'm still unsure if I should go PCGS or NGC. Some people say PCGS can fetch higher price but from what I saw it seemed NGC graded Chinese dollars get better results in auctions. What would you opt for?
Also, do you think the coin could get a grade or will it get details like cleaned or something else?
Pillar of the Community
Australia
3831 Posts
 Posted 08/10/2025  11:39 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Check if you have a coin dealer in your country or in EU that sends coins to the US on your behalf. Doing it personally can be expensive especially customs and insurance related. Regardless whether it's PCGS or NGC, both are pretty decent. Even if it's cleaned, it's still a pretty nice coin (assuming if it's genuine)

Or if you want to minimize headaches, send it to an auction house in Europe that takes the risk.
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.
Valued Member
joe_77's Avatar
Italy
284 Posts
 Posted 08/11/2025  04:03 am  Show Profile   Bookmark this reply Add joe_77 to your friends list Get a Link to this Reply
Before embarking in this ordeal I would check with some forum specialising in Chinese coins if they think it's authentic.
Two of such forums are:
https://www.yy11.com/bbs
http://bbs.shouxi.com/forum.php

Won't be easy to register but definitely easier than shipping the coin across the globe.

Good luck!

PS: doesn't the patina on this coin reminds of someone dipping it in ink to artificially age it? Not saying this determines it's fake but just wondering what other members think? I remember a dealer mentioning this is/used to be a common practice.
Edited by joe_77
08/11/2025 07:25 am
Pillar of the Community
Australia
3831 Posts
 Posted 08/11/2025  07:52 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Online can be difficult with just pictures only. It may be high quality counterfeit, it may be genuine. You may have some people that try to talk it down to buy it cheap. Who knows. At the moment, all I can say is that it looks positive that it's not some cheap counterfeit. There are some minor differences but it could be case of variety.

There have been instances in this forum where forum members posted some scarce Chinese coins. Many were sceptical, including myself but were proven wrong from time to time.

Regardless, it's risk vs reward.
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.
Pillar of the Community
Moniker's Avatar
Sweden
1815 Posts
 Posted 08/11/2025  09:24 am  Show Profile   Bookmark this reply Add Moniker to your friends list Get a Link to this Reply
Katz can send it to pcgs for you if you want to sell thru them, they are in your country. They ship slow as
New Member
Czechia
17 Posts
 Posted 08/11/2025  10:41 am  Show Profile   Bookmark this reply Add INeverSaidThat to your friends list Get a Link to this Reply
Hi, thank you all for your suggestions. The coin is genuine and I know how to have it slabbed by PCGS or NGC. I'm in the EU and PCGS is in Paris and NGC in Munich, both a few hour drive from my place no prob. The question is which one is best for Chinese dollars or rather which would you personally opt for.
@joe_77, thank you for the links to the Chinese forums, that could be really helpful. Are you registered there? It seems it's all in Chinese and that's all Greek (or Chinese?) to me.
@Moniker I know Katz does that, but I'm not sure how reputable they are.
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Moniker's Avatar
Sweden
1815 Posts
 Posted 08/11/2025  11:28 am  Show Profile   Bookmark this reply Add Moniker to your friends list Get a Link to this Reply
i would choose pcgs over ngc for chinese coins, and idk if there is better to sell them on a auction in asia, I think heritage has auctions in hong kong

Edit might be stacks as gx said
Edited by Moniker
08/11/2025 12:51 pm
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