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 Replies: 11 / Views: 1,773 |
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Valued Member
United States
325 Posts |
I don't know what to do with these two, 1997 and 1998 in their cases, I guess you would say prooflike. Are they worth more as bullion or to a collector?
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Pillar of the Community
United States
1418 Posts |
Yes. I wouldn't melt them.
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Bedrock of the Community
United States
14454 Posts |
I know quite a few people that collect these things including my ex-wife and they are worth multiples of melt so I would definitely not melt them down
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Pillar of the Community
United States
1055 Posts |
You can get these coins for close to melt during its current mintage year, then the prices seem to rise as there are people who collect, as others have said, these (gold and silver) as a series (different rev. each year). Many silver coins on ebay exceed $40-$60 each. I would not melt them. I am sure if you post them on this site someone would buy them above melt. |
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Pillar of the Community
United States
2541 Posts |
I think you should make forgeries and ship them back to China to return the favor of them forging our coins!
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Valued Member
United States
266 Posts |
Gothic Florin,I like the way you think. However the trouble is the Feds will kick in our doors and drag us off to jail if we counterfeited their (the Chinese) coins.
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Pillar of the Community
United States
2541 Posts |
Rdwarrior: I wish the Chinese Feds would do the same to the counterfeiters over there. I saw some counterfeit Crocs (those soft squishy shoes) made of course, in China and selling for a fraction of the price. They looked identical, like they were made from the same mold. I know the DVD/CD market has it even worse than we do with counterfeits.
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Valued Member
United States
303 Posts |
When everything is made in China these days, workers gain the knowledge of making these items and counterfeiting will help their income.
There is a Chinese TV show (I guess a game show or something) where you bring in a porcelain bowl, vase, etc. and they invite well known people as guests with an audience. Those guests make an educated guess whether real or fake. There is a team of antique dealers that already determined if it fake or not. If fake, the item is destroyed, whether if it is a beautiful piece or not. If real, they name the value (usually a couple $1000USD since there are so many fakes out there) and they also give you a CoA. It is interesting to watch, my parents do, but my Chinese is limited.
My parents told me there were a few exceptions on fakes. If the porcelain stuff are contemporary fakes then they don't destroy the item.
Sometimes coins are sold as bullion price as there isn't a big collector value on them. If you find a collector who is interested in these and is willing to pay a premium, then you get the collector value out of it.
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Pillar of the Community
Turkey
870 Posts |
I went to China a couple of years ago, and when I was there some guys took me to a big closed bazaar, more like a marketplace where they sell copy-goods, from electronic items to fake leather, copies of big brands such as Gucci, Tommy Hilfiger, etc. Even I found some coins there, early American dollars, French francs, all imitation of course.. there is is a big market about those imitation stuff going on over there I think.
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Valued Member
 United States
325 Posts |
I took them to a dealer yesterday. He said, "ah, they're just bullion, there's no premium". So I took them home. He offered 16.00 and some change for each of them.
I think I'll hang on to them, I'm still employed and don't need to get rid of them just yet.
thanx for all the responses.
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Pillar of the Community
United States
1840 Posts |
If your local coin store is offering that close to melt, then the coins must be worth more.
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Pillar of the Community
United States
2130 Posts |
I would hold them. Seems to me precious metal is on the rise.
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Replies: 11 / Views: 1,773 |
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Posted 10/03/2009 8:10 pm
