Hey guys I found this coin lying around the house one day, did some research, and learned that it was an ancient chinese coin worth many, many thousands of dollars. I then found pictures and realized that my coin looks exactly like it. But then I performed "the silver test" and learned that my coin is magnetic. I was wondering if theres a chance that my coin could be real. Any information about the coin itself is appreciated and thanks in advance.
It's not ancient and not real. The real version is 1897 and valuable but it has been heavily counterfeited. Your is a cast fake. You can see this by the "blob" features, particularly the clouds. This is real: http://stacksbowers.com/Auctions/AuctionLot.aspx?LotID=137641