So, I was at a flee market and I picked up this coin for 5 dollars. I know it is some type of silver Chinese coin. I would be happy if anybody could tell me what it is.
http://m.ebay.com/itm/Scarce-China-...3D201398145129&_trksid=p2056116.c100408.m2460 I found this while researching the coin.
I really hope that it's real.... but I doubt it. Check out how large the "ONE" is on yours, and how it's the same size as "DOLLAR" on the PCGS one. This is one of the most copied coins.
I know nothing of the OP's coin, but in comparing the word 'DOLLAR' between the OP's and the PCGS Genuine coins, I'd say the OP's coin is fake.
Fortunately, it's worth $5 in good karma to have a pocket-piece you can show other collectors to help protect them from spending $50 on such a coin. One of my friends runs a legit pawn shop, and the number of fakes brought in, is absolutely astonishing. On the back counter, he has some kind of spectrograph (?) and in the back room, a crucible (?), high-priced tools necessary for the trade. He melts 90% of the gold jewelry that's unredeemed and sell to a local refiner; no one will buy it, clients would much rather pay a premium and buy bullion coins.
I too know nothing of the, ahem, "coin" in question, but for starters, the design similarities to the linked PCGS example are superficial at best, and this goes well beyond the already-mentioned "DOLLAR" issue. Slap a magnet on it and see what happens. Also, the overall appearance - the "look" if you will - matches that of other disgustingly common and low end counterfeits of Chinese coins. Such things can often be found at flea markets, and for the very reason I can only assume you purchased it: a general lack of knowledge attached to a low price. I've seen quite a few burned on such things, including someone that certainly knew better who was taken for thousands buying bulk, so don't feel bad and just chalk it up to a learning experience.
Sadly, I just discovered that the coin is magnetic, therefore being fake. It was too good to be true. Thanks for all the info guys.
Based on the overall detail of the coin, I belive that this is more of a fake or reproduction than as a real. I am also suspicious about the dragon and the rims of this coin. This is a Da Qing Yin Bi which is Great Qing Silver Coin, and I am sure that this was minted in the reign of Xuan Tung. Regards, Anthony H
The words; Flea Market and Chinese coin used in the same sentence almost always result in the word - (fake).... Like 99.99999% of the time
