Heritage auctions sell fake coin ?

I just purchase this coin on heritage actions, when I posted this coin on Chinese coin forums, most Chinese coin collector say it fake. Just wondering those coin collector not really knowledge about the coin or heritage actions sometimes they are sold fake? Anyone are more knowledge with Chinese coin free to talk .

Qing Dynasty brass Board of Revenue "Engraved Master" 1000 Cash ND (1854) Choice XF, Emperor Wen Zong, type of Hartill-22.714 & FD-2435, 72mm, 203g. Obv. Xian Feng yuan bao. Rev. Boo chiowan, left and right; Dang qian, above and below. Superb details. Close examination reveals this is a "master" coin, engraved from quality metal after a new design is drawn up. This "master" is presented to the Emperor for approval. The center aperture is unfinished and a small hole, referred to as "Golden Mouth", is bored through the center. When approved by the Emperor, the small central hole is enlarged into the normal square hole. The "master" coin is then used to produce molds for casting "mother" coins. A "master" coin of this large denomination is exceedingly rare, and the two pieces in this sale are the first examples we have seen. The background information is acquired from the Krause Standard Catalog of World Coins 1800-1900, as supplied by David Jen, author of Chinese Cash.

 

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I also don't know much about these (saw the auction, but have no experience to say one way or the other).

Heritage is not in the business of selling fakes and would take this very seriously I'm sure. Certainly not knowingly but no one person/grading company/auction company/dealer etc is going to be perfect. But Heritage is a professional organization and will correct a mistake.

Here is the boilerplate of Heritage's terms/conditions (from their site--the Hong Kong auction and scroll down to the bottom for the PDF link https://coins.ha.com/c/auction-home.zx?saleNo=3055&ic2=rightcolumn-auctresults-121913 ).

Please note under Coins and Currency Additional Terms J "All non-certified coins and currency are guaranteed genuine".

Also Terms 46 and 47 allude to returns and court remedies. Given that the coins are guaranteed genuine this is a relevant section.

In other words, Heritage will make good if it's a counterfeit, but damages will be limited to giving you your money back.

I don't know that I would rely on an internet forum for a final answer, nor do I know the justification for calling it a fake. It may be unknowledgable people posting. It may be insufficient photos or details that do not allow for the correct answer. It may be people messing with you trying to get you to sell/give the coin away cheaply...OR they may be entirely knowledgable and correct in their assessment and it is indeed a counterfeit.

Contact Heritage. Tell them your concerns and the data/reasoning to support, including the forum correspondence that made you concerned. An assessment by more than an internet forum will likely be required.

Good luck and please follow up with the outcome.

 

I know heritage actions is greater actions house, your information is greatly helpful thank you for your time .

 

What forum did you post to where they said it was fake?

 

I see casting crystals into the surface of your piece. I should think a "master coin" would be engraved. Please let us know what you find out.

 

http://bbs.chcoin.com/show-11601512-4.html#pid78631390

http://bbs.chcoin.com/show-11607549-1.html#pid78647109

Hope you can read Chinese.

 

I can't!! But my 13 year old son is big time into Chinese cash coins and can read and date them pretty well. I almost bid on this coin for him in that Heritage auction.

 

Haha maybe I am saving your some money . I will call heritage actions after July 4 see if they know anything about the coin.

 

I would say it is a fake. The milled hole in the center is a give away to me. The person who did this actually did it a little off center to give it a real look. To clean for me for 1890's

 

Another is the die scratches on the coin that would not show up on a cast coin like this supposed to be.

 

Heritage won't sell fakes. Lots of people say a lot of things on the internet that a lot of people just flat out should not believe. They'll refund you if they believe it or a TPG says it's fake, but really the internet is free advice and it is worth what you pay for it

 

If TPG grading this I will believe this genuine , but I don't believe TPG will grading those type coin . Also I posted two coin i won on heritage actions on Chinese coin forums. A lot old Chinese coin collector say it fake. The forums has been reply back in 8 pages now on each coin. I don't see one reply back say it genuine yet . I also check Chinese museum pictures with those type coin . It not look good also.

 

I know heritage actions is not trying sell fake coin. But no one can be perfect , it might be heritage actions not good with those hand engraved coin .

 

Has the original poster (OP) contacted Heritage Auctions about this coin?

 

He said he would after the holiday--post #10.

 

If memory serves me, there's at least one fake Trade dollar, residing in a genuine NGC holder, they sold some years back. The point is that no one is perfect, and sometimes mistakes do happen.

 

Unfortunately, There are very few people in the US who are qualified to authenticate Oriental coins. There are simple reasons for this.

1. We did not grow up in the Orient, collecting these coins and seeing them at shows.

2. Decades ago, interest in these coins was low in the US. Up into the 1970's virtually all fakes of Oriental coins were crude and out of tolerance. By 1986, deceptive fakes were being produced. IMHO, Professional authenticators are now playing "catch-up." They have a long road ahead.

Think about this. If a TPGS cannot detect a state-of-the-art counterfeit U.S. coin, why should you expect them to be better with coins of the world?

Thankfully, there are Oriental consultants and offices overseas to help. I know at least one service has sent authenticators to China and the Mint.

3. Finally, as a skeptical person, I've never met a dealer/collector/consultant who's opinion I trusted 100% on anything! Trust but verify works for me.

 

I have send email to heritage today i hope they get me back soon .