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<p>[QUOTE=&quot;manymore, post: 2239561, member: 17118&quot;]Loong Siew -- your little charade is over.</p><p><br /></p><p>You made a critical mistake when you revealed that you bought the coin at a Nobel Numismatics auction in Australia.</p><p><br /></p><p>I did a search of past auctions and found your coin.</p><p><br /></p><p>For the benefit of those who may not have followed this thread, the <i>tian guo tong bao</i> coin under discussion is among the 50 rarest Chinese coins.&nbsp; There are less than 20 authentic coins known to exist.</p><p><br /></p><p>The last authentic specimen sold 10 years ago for $22,400.&nbsp; If an authentic coin were to come to auction now, it is estimated that it would sell for more than $313,000.</p><p><br /></p><p>Loong Siew has been touting his credentials as an experienced and major Chinese coin collector.&nbsp; He has insisted that his coin is absolutely genuine.&nbsp; He has even implied that&nbsp; David Hartill is familiar with his coin and that the auction house that sold the coin has validated it as genuine with a lifetime guarantee.</p><p><br /></p><p>Loong Siew insists that Nobel Numismatics is a prestigious auction house comparable to Heritage and Spinks.</p><p><br /></p><p>Clearly with an extremely rare and authentic Chinese coin coming up for auction at such a major auction house, all the serious and well-to-do Chinese numismatists in the world would be bidding for the coin.</p><p><br /></p><p>With that as the background, please view <a href="https://www.noble.com.au/auctions/lot?id=338838" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.noble.com.au/auctions/lot?id=338838" rel="nofollow">Loong Siew&#039;s coin</a> at the Nobel Numismatics auction webpage. The auction took place in July of this year in Sydney.</p><p><br /></p><p>You will first notice that the color of the coin is different from the image Loong Siew used in this thread on CoinTalk.&nbsp; I don&#039;t know if this was done to intentionally deceive or not.&nbsp; I&#039;ll give him the benefit of the doubt and just say that he is a poor photographer.</p><p><br /></p><p>If you compare the coins you will see that they are absolutely identical.&nbsp; Every little scratch on the rim, every little rim dent, every discolored spot, etc. is identical.&nbsp; So there is no question that it is the same coin.</p><p><br /></p><p>Now remembering that the authoritative Baidu Encyclopedia in China estimates that an authentic version of this coin would now sell for more than $313,000, do you see what Loong Siew actually paid for this &quot;authentic&quot; and &quot;very rare&quot; coin?</p><p><br /></p><p><u>$280</u>&nbsp; &nbsp;&nbsp; ($400 Australian)</p><p><br /></p><p>Clearly 100% fake!</p><p><br /></p><p>Even more unfathomable is that the &quot;prestigious&quot; Nobel Numismatics identified the &quot;coin&quot; correctly noting that it is &quot;very fine and rare&quot;.</p><p><br /></p><p>Did you notice what this auction house estimated this very rare and desirable coin would sell for?</p><p><br /></p><p><u>$140</u>&nbsp; &nbsp;&nbsp; ($200 Australian)</p><p><br /></p><p>Yes, that means that the auction house knew the coin was a fake, too.</p><p><br /></p><p>Also, some poor soul must have bid against Loong Siew and the fake coin ended up selling for twice what the auction house estimated it would go for.</p><p><br /></p><p>Loong Siew has been pretending that he is major Chinese numismatist who moves in the same circles as well-respected experts.&nbsp; He claims he has &quot;rare&quot; Chinese coins and does not hesitate to belittle anyone who dares question him.</p><p><br /></p><p>I regret that I wasted time doing research in an attempt to help him understand that the coin is an obvious fake.</p><p><br /></p><p>I especially feel bad that he lied by hinting that David Hartill, one of our finest and most respected Chinese numismatists, had seen the coin and that it was genuine.</p><p><br /></p><p>I also feel bad for all the other forum members who he deceived on other CoinTalk threads with his fake &quot;posthumous&quot; Qing dynasty sycee and his fake &quot;last emperor of the Ming dynasty&quot; horse coin.&nbsp; I won&#039;t even bother addressing why these coins are also fakes.</p><p><br /></p><p>But most of all I feel sorry for Loong Siew who apparently must get some satisfaction in pretending to be someone he&#039;s not and having a &quot;rare&quot; coin collection that he knows consists of fakes.</p><p><br /></p><p>I will agree with him on one thing, though.&nbsp; It&#039;s time to end this thread.</p><p><br /></p><p>Gary[/QUOTE]</p><p><br /></p>

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