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<p>[QUOTE=&quot;britannia40, post: 2600365, member: 74818&quot;]I&#039;ve been doing a lot of research on these coins as I have purchased a few. It seems the experts are divided into 2 fields.</p><p><br /></p><p>1. The first group believes the Mint officials bought these coins(5 Fun) to be melted down and remade into copper planchets to be used to make Chinese currency. After buying them they decided to shortcut and take the profit by just minting the Chinese coins overtop the Korean 5 Fun.</p><p><br /></p><p>This is not a bad theory as corruption is very rampant in China even today.</p><p><br /></p><p>2. The second group states that Japanese Ronin living in China were upon hard times and decided they could make quick money by counterfeiting China cash coins atop the Korean 5 Fun coins they obtained from Korean merchants. After they would make the coins they would trade 10 for a silver dollar which was a pretty good profit indeed and could purchase over 200 Korean 5 Cash coins. However one of the big drawbacks were the hand presses they were using didn&#039;t have enough pressure to obliterate the complete 5 Fun design and you ended up with the host coin details showing behind the newly minted design.</p><p><br /></p><p>This is a very sound theory as well and one that seems to be Shared by TPG&#039;s</p><p>After consulting TPG&#039;s they stated these are not gradable and that they are contemporary counterfeits.</p><p><br /></p><p>For those that don&#039;t know contemporary counterfeits are made about the same time as the host coin and tend to have minor to great values unlike the trash you can find on ebay today to cheat you.</p><p><br /></p><p>A lot these coins were minted over Chekiang 1903-06 posted below.</p><p>[ATTACH=full]567478[/ATTACH]</p><p>the host 5 Fun coin looked like this:</p><p>[ATTACH=full]567481[/ATTACH] [ATTACH=full]567482[/ATTACH]</p><p>and the finish result looked something like this:</p><p>[ATTACH=full]567483[/ATTACH] [ATTACH=full]567484[/ATTACH] [ATTACH=full]567485[/ATTACH]</p><p><br /></p><p>There are also other 10 Cash coins from other provinces in China 10 minted on 5 Fun such as Kwangtung (Guangdong) and Hupeh (Hubei).</p><p><br /></p><p>Another problem you will face with these is that their were counterfeits made of these contemporary counterfeits.</p><p><br /></p><p>All in all I find the history of these coins quite interesting and despite them not able to be able to be graded and authenticated I will keep the 3 samples I have.[/QUOTE]</p><p><br /></p>

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