Im new to the coin world. I aquired this coin a year ago, Just reacently i finally identified what it was and where its from. as well I discovered it was concidered a rare coin.
Need to sell so im looking for advice on value, and opinion on its condition and what grade they consider it to be.
opinion on grade of 1916 Rare .50 cent silver coin
-
- Posts: 1502
- Joined: Thu Sep 04, 2008 7:41 am
- Location: Golden Horseshoe, ONT
Re: opinion on grade of 1916 Rare .50 cent silver coin
There were many fakes of this series. A larger detailed photo would help.
Bill in Burl
Re: opinion on grade of 1916 Rare .50 cent silver coin
My spidey senses are already tingling! I wouldn't touch that coin with YOUR ten foot pole!
Re: opinion on grade of 1916 Rare .50 cent silver coin
So Bill, can you tell us (that don't have a clue what year or value) what this series is and why there would be many fakes?
Thanks
Thanks
-
- Posts: 1502
- Joined: Thu Sep 04, 2008 7:41 am
- Location: Golden Horseshoe, ONT
Re: opinion on grade of 1916 Rare .50 cent silver coin
I have 2 friends that specialize in Chinese and Far East coinage and won't touch them. For over 100 years the official coinage has been copied/faked, so that very few dealers (except those who specialize) will buy any of these Yaun(dollar) or 1/2 yaun(50 cent) coins. With computers and new dies, the situation is much worse. Without better photos and specific size/weight, it's hard to tell what's fake or what's not on a computer screen.
Your coin appears to be "restruck imperial coinage" that are rein-dated 1875-1908, but were restruck at intervals from 1911-1949 using old dies, and gradually reducing the silver purity of the original coins(.850). I'm guessing that it's Krause Y#480 at the start of the "Republic" coinage. Since 2000, almost ALL Chinese old silver coins of the larger denominations have been CAD-CAM'd produced using laser-etched dies to resemble the old dies. As Shylo stated "It has 11' pole marks all over it".
Your coin appears to be "restruck imperial coinage" that are rein-dated 1875-1908, but were restruck at intervals from 1911-1949 using old dies, and gradually reducing the silver purity of the original coins(.850). I'm guessing that it's Krause Y#480 at the start of the "Republic" coinage. Since 2000, almost ALL Chinese old silver coins of the larger denominations have been CAD-CAM'd produced using laser-etched dies to resemble the old dies. As Shylo stated "It has 11' pole marks all over it".
Bill in Burl
Re: opinion on grade of 1916 Rare .50 cent silver coin
Thanks for the information Bill!
Tee
Tee
Re: opinion on grade of 1916 Rare .50 cent silver coin
The value of this coin is approximately $600 (in case it is original)