I got a Chinese coin at the flea market the other day, and I paid $1 for it. I just thought it looked interesting. Does anyone know what it is? Thanks!
Probably 1 Yuan (Dollar) from year 3 of the chinese republic, Y 329. And, I´m sorry to say, probably fake. The real stuff is worth $13,50 in Very Good, $15 in Fine and $18 in Very Fine. It should weigh 26,4 grams if real I have a fake specimen my self.
Thank You for your reply. I thought it might be fake, but I don't have any scales to confirm it. I bought it from a Chinese lady at the flea market. She had several of them with a few different designs. I also have this "5 PTAS" (Pesetas) coin which I read was from Spain before they switched to the Euro. Any idea what it's worth?
KM#786, cu-ni, mintage from 1957-75 approximately 1-billion. Check that six pointed star near the bottom of the reverse on the left side to determine the actual year your coin was minted. Krause values range from 10¢ to $80 in circulated grades.
I dont think it is out of reason that a Yuan Shikai 1 Yuan coin could be had a flea market for a dollar...they are not that terribly rare. I have come across deals like that for the real deal...
It is supposed to contain about 3/4 oz of silver, which currently should be worth about $10 melted. So, selling it for $1 would be slightly weird. Where did you come across deals like that? I'd like to visit that place...
Carefully compare the pattern of stars on the epaulet of both pictures. That's one area the Chinese counterfeiters almost always screw up.
