Hi, Came across a 1776 continental currency coin. It does have the typo "Curency" ... anyone familiar with this coin have an opinion whether it is fake? And real or fake, any opinion on this, as to year/location/any neat factoids? Thanks! -Steve
I do not believe the dragons were made that early. Back in 1776 in China they had cash coins, (by the string of 100 or 200), and they had silver sycee bars. Gold was known of course, and sometimes would change hands for large purchases.
I understand, but the person asked what coins they used in China in 1776. I was responding to what coins were in circulation in China in 1776. I do not think dragon dollars were made until the 1860's at the earliest.
Medoraman is correct - the Chinese did not strike silver coins in any quantity until the late 19th century. In 1776, they would have used copper cash coins in strings, silver (or rarely gold) sycee ingots, and Spanish 8 reales from Mexico and South America.
Does it have the word "copy" on the reverse as is required by law? You could always submit it to a grading service but may have to pay the high value walkthrough fee if genuine.... There was the case recently handled by John Martin where the collector garnered over $100K! Compare to pictures of same on Heritage Auctions website.
For those of you with better memories than I, do you recall an example of a real one turning up in this manner?
I know of two real ones that have come on the market in the past twelve months that were bought at flea markets for $1.
It doesn't need to be added but, there is NO question that the coin is fake. Its not even a good fake and I doubt it was even intended to fool anyone. It looks like a game piece. It is the wrong color; it has bubbles; there is design flaws; and to my eye it looks like it is made of plastic. Does it look 250 years old to you? Ruben
