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Republic Of China Dollar Y#329 Special Issue For Tibet

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Spain
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 Posted 04/01/2011  1:01 pm Show Profile   Bookmark this topic Add nuno2646 to your friends list Get a Link to this Message Number of Subscribers
Hello

I bought this coin. Its a Republic of China Dollar Y#329 special issue for Tibet. Its not listed in the Standart Catalog of World Coins. The seller told me the coin is listet in the Catalog Of Chinese Coins by Eduard Kann. Without catalog number.

What I want to know is the catalog value? How much I get on ebay?

Republic-Of-China-Dollar-Y#329-Special-Issue-For-Tibet
Republic-Of-China-Dollar-Y#329-Special-Issue-For-Tibet

Moved to World Coins forum - Sap
Edited by nuno2646
04/01/2011 3:52 pm
Pillar of the Community
United States
539 Posts
 Posted 04/01/2011  2:07 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
I'm anxious to see what some of the China experts say on this. I don't see the special element you are talking about. It looks pretty normal to me but I am not an expert either. I certainly see Y329 and it's edge varieties listed in Krause but I also await insight into this special triangle element


looks like you edited out the comment on the 'special element' and took the red arrow off of the picture. If that means you now believe this is just a Y329 then they are listed in the krause catalog. You would need to determine which of the varieties it is based on the edge which isn't represented in the picture. having said that, the very little I can see of the edge makes it look like to me the straight vertical reeding variety
Edited by weavus135
04/01/2011 4:49 pm
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Australia
16826 Posts
 Posted 04/01/2011  10:13 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Here's the zeno.ru page for this particular variety of these coins. This example in particular has much excellent discussion on the subject of the attribution of this particular variety, with closed-triangle top inside the "yuan" character, to the Chinese invasion of Tibet, as well as illustrating the distinctive differences.

Quote:
The seller told me the coin is listet in the Catalog Of Chinese Coins by Eduard Kann. Without catalog number.

If my understanding of the discussion on zeno.ru is correct, this variety is not listed in Kann (which was compiled in 1953 from coins collected in China up to 1949), a fact which goes toward proving that this variety must date from the post-1949 period. They were first reported in Western numismatic journals in 1975, but have not yet been given a separate mention in Krause.

Quote:
What I want to know is the catalog value? How much I get on ebay?

Here's the difficulty. It's not listed in Kann, it's not listed in Krause (not in my 2006 edition, anyway) and it's not listed in most of the more recent specialist Chinese catalogues, so you've got to dig pretty deep or get lucky on an Internet search to be certain that this is indeed a genuine variety. People are generally wary of all things Chinese these days, with so many counterfeits about, a "new variety" will be more likely to arouse suspicion than interest. So ebay is probably a terrible place to sell this coin right now, at least until Krause recognize it as a legitimate variety.

Within China itself, where the existence of the variety is starting to become known, they are apparently selling for more than the typical price paid for YSK 3rd Year dollars. But on ebay you're likely to only get standard KM/Y# 329 money.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 04/02/2011  11:25 am  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
thanks Sap. As I said when I first replied, I'm not any kind of expert. That web pointer really shows the variations and that is pretty cool.
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Germany
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 Posted 05/03/2011  12:50 pm  Show Profile   Bookmark this reply Add dkarpo to your friends list Get a Link to this Reply
The Yuan Shikai Dollar with closed triangle in the character "yuan" on reverse was described as such in the following auction catalogue: Baldwin/Ma Tak Wo: Hong Kong Coin Auction No. 50, 7th April 2011, lot 853. In PCGS holder graded MS65, it was sold for $ 6500 (plus 18%). Other coins of the same variety were sold as lots 840, 842, 843 - all of them of high grade. These pieces can be viewed online with sixbid.com or by accessing the webpage of "Baldwin's Auctions".Coins of less grade like the one illustrated here would be worth much less, perhaps something like $ 150.-
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United Kingdom
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 Posted 04/20/2012  10:18 am  Show Profile   Bookmark this reply Add stoneroutes to your friends list Get a Link to this Reply
I have a photocopied page from a publication in my research papers (which is undated and unreferenced but is certainly over 15 years old) entitled
"a Communist Chinese Restrike" by NG Rhodes (who sadly died last year)
. ....some quotes
"... readers of Kann will also know that these dollars were restruck by the ChineseCommunists in the 1930's, but few people seem to be aware that a very large number of these dollars were struck in the 1950's, primarily for circulation in Tibet" .
... He describes how these coins, are distinguished by the closed triangle -see dkarpo above - and how silver ritual vessels were collected and melted down, a mint established in Chengdu and these coins produced. The coins were used to pay labourers on the road from China to Tibet, especially Chamdo/Qamdo to Lhasa. He investigated in North India and Nepal amongst the Yuan shih kai silver dollar year 3 types bought out by exiles and soon established that they were present in some quantity. ....
"the field is not as smooth as usual, and the design seemed to be in slightly higher relief. The coins were often in mint condition, whereas the others (year 3) were usually well worn"

The prices quoted in the Hong Kong auction by dkarpo should be treated with some caution. Very occasionally and only on a couple of lots in the Tibet offerings in these auctions. prices realised are so far removed from the normal values than it is probable more than numismatic interest has driven the bidding. None the less they are valuable coins and when they rarely appear on ebay tend to go for around $80-120 in good grades. Interest in collecting is rising in China as are prices and fakes so I do not imagine it will be long before this type is faked (if it isn't already...)
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