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Finally found this last Chinese coin!!! (Yunnan-Sichuan)
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<p>[QUOTE="manymore, post: 1418856, member: 17118"]The above comments from other forum members have missed the point.</p><p><br /></p><p><br /></p><p><br /></p><p>I simply stated that according to the standard reference books for this type of Chinese copper coin, the Yunnan-Szechuan Province coin is not considered "rare".</p><p><br /></p><p>The discussion did not have anything to do with prices or that prices have increased over the last several years. We do not even know how much gxseries paid for his coin.</p><p><br /></p><p>Prices have increased but that has not affected the "rarity" of the coin. There are still the same number of these coins as there were a few years ago.</p><p><br /></p><p>The two Chinese reference books I quoted are considered the standard references used by millions of coin collectors in China. The authors are recognized as authorities in the field and they are the ones who rank this particular coin near the bottom of the rarity scale. That does not mean that the coin may not be as common as <u>the most common</u> varieties of these copper coins but that the coin is in no way rare or difficult to find.</p><p><br /></p><p>I only referenced the Krause publication because it is online (courtesy of Google Books) and can be viewed by anyone by simply clicking the link. Even though it is the 2008 edition, the price of $20, whether it was accurate or not at the time, is not an indication of a "rare" coin.</p><p><br /></p><p>(Incidentally, I do not own or use any Krause publications. All my references are Chinese.)</p><p><br /></p><p>As further evidence that the coin is not rare, I referenced an auction on a major Chinese auction site (Yahoo! in Hong Kong) that would have been viewed by a very large number of Chinese coin collectors. The auction concluded on April 11th, just a few days ago. The price of the coin was US$11.00 which is an indication of the current pricing for the coin. Does that sound like the price of a "rare" coin?</p><p><br /></p><p>I just went online to see what other specimens of this coin have sold for. <a href="http://www.mycollect.net/trade/show-1648445-2.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.mycollect.net/trade/show-1648445-2.html" rel="nofollow">This website</a> sold the Yunnan-Szechuan coin and three other coins as a lot about one year ago. The lot of four coins sold for a total of US$66.50 (420 <i>yuan</i>). That is about US$16.63 per coin. Does that sound like the price of a "rare" coin?</p><p><br /></p><p>Gxseries references an auction where a very nice specimen of the coin sold for US$255.00. Whether or not this was a fair price for a coin in that grade I would not know. Perhaps there was a "bidding war" but my discussion has to do with the rarity of the coin and not the pricing. I even stated in my original post:</p><p><br /></p><p><br /></p><p>(Just as a personal note, I would be a little wary of that particular dealer. He states that the coin is "rare" which it clearly is not. He also includes the Chinese text 网上可看到银币图片 which translates as "you may view pictures of the silver coin on the internet". Of course, the coin is not silver but copper. He also states that the coin is silver under "Item specifics". I do not know if he is trying to deceive people, if he is just careless, incompetent or what.)</p><p><br /></p><p>In conclusion, I would like to reiterate that I am not knowledgeable concerning these "<i>tong yuan</i>" coins. However, the major reference books used by millions of Chinese coin collectors do not consider the coin to be rare and the coin can be purchased in circulated condition for less than US$20.00.</p><p><br /></p><p>Gary[/QUOTE]</p><p><br /></p>
[QUOTE="manymore, post: 1418856, member: 17118"]The above comments from other forum members have missed the point. I simply stated that according to the standard reference books for this type of Chinese copper coin, the Yunnan-Szechuan Province coin is not considered "rare". The discussion did not have anything to do with prices or that prices have increased over the last several years. We do not even know how much gxseries paid for his coin. Prices have increased but that has not affected the "rarity" of the coin. There are still the same number of these coins as there were a few years ago. The two Chinese reference books I quoted are considered the standard references used by millions of coin collectors in China. The authors are recognized as authorities in the field and they are the ones who rank this particular coin near the bottom of the rarity scale. That does not mean that the coin may not be as common as [U]the most common[/U] varieties of these copper coins but that the coin is in no way rare or difficult to find. I only referenced the Krause publication because it is online (courtesy of Google Books) and can be viewed by anyone by simply clicking the link. Even though it is the 2008 edition, the price of $20, whether it was accurate or not at the time, is not an indication of a "rare" coin. (Incidentally, I do not own or use any Krause publications. All my references are Chinese.) As further evidence that the coin is not rare, I referenced an auction on a major Chinese auction site (Yahoo! in Hong Kong) that would have been viewed by a very large number of Chinese coin collectors. The auction concluded on April 11th, just a few days ago. The price of the coin was US$11.00 which is an indication of the current pricing for the coin. Does that sound like the price of a "rare" coin? I just went online to see what other specimens of this coin have sold for. [URL="http://www.mycollect.net/trade/show-1648445-2.html"]This website[/URL] sold the Yunnan-Szechuan coin and three other coins as a lot about one year ago. The lot of four coins sold for a total of US$66.50 (420 [I]yuan[/I]). That is about US$16.63 per coin. Does that sound like the price of a "rare" coin? Gxseries references an auction where a very nice specimen of the coin sold for US$255.00. Whether or not this was a fair price for a coin in that grade I would not know. Perhaps there was a "bidding war" but my discussion has to do with the rarity of the coin and not the pricing. I even stated in my original post: (Just as a personal note, I would be a little wary of that particular dealer. He states that the coin is "rare" which it clearly is not. He also includes the Chinese text 网上可看到银币图片 which translates as "you may view pictures of the silver coin on the internet". Of course, the coin is not silver but copper. He also states that the coin is silver under "Item specifics". I do not know if he is trying to deceive people, if he is just careless, incompetent or what.) In conclusion, I would like to reiterate that I am not knowledgeable concerning these "[I]tong yuan[/I]" coins. However, the major reference books used by millions of Chinese coin collectors do not consider the coin to be rare and the coin can be purchased in circulated condition for less than US$20.00. Gary[/QUOTE]
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Finally found this last Chinese coin!!! (Yunnan-Sichuan)
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