I have mentioned before in the "what is it worth" section about the collection of coins I inherited. My grandfather passed away back in 1995 and passed on some of his coins to me. (He was a life time collector). Most of the high value items went to my uncle, but I got a packpack full of awesome coinage. They are coins from all over the world. Probably 50 or so countries, with much of the coins comming from China. (He was a navigator of the Flying tigers in WW2 in China, and actually met Mao tsu tong before he came into power in a cave). There are prolly 100-200 coins, and 30 or so banknotes from China. I am working on getting a nice camera to get good photos of the coins, but as of now here is a coin that I actually found online matching some of the exact coins I have. I would say most of these world coins aren't of much value, but I'm not ruling anything out (I found a $3 dollar 1855 U.S. gold piece in the bunch). I was wondering about this coin in the picture? I prolly have 10 of them, or so. Thank you kindly.
That looks like a very nice 10 cash copper coin from the Republic of China. It is a high grade nice-looking piece. I'll look in my KM coin catalog & see if I can get you the Y or KM number along with the catalog value.
I think I found your coin in my KM coin catalog. If it is #Y302 then it was made ca 1920. The catalog price is $1.50 in VF, $3 in EF, and $18 in UNC. Your coin might be in EF or AU condition. (Of course AU is between EF and UNC)
He says the pic is of one similar from the www. He has to get a butter camera to foto his own. At least that is the way I read it.
My comment to the OP would be to identify his Chinese and then hold them. Chinese struck coins have gone up like a rocket the last few years. Anything and everything is increasing in price. My opinion is the Chinese are still pretty distrustful of their stock markets, (have good reason to be), and are investing their money in assets. Their antiquities went up 5-8 years ago, (still going up), and coins in the last few years. Finally their ancient cash coins are going up as well, so much so some dealers in the US are giving up.
Everything in china is going up thanks in part to increasing amount of $$$ in the system and yes even investment into stock market is at record levels fyi. Also a lot of increase in Chinese coin prices are driven by Chinese Americans (see realized auction prices of Chinese coins in californian auctions).
You are correct sir, but you would expect their markets to be going higher in relation to disposable income. It has not gone up nearly as much as their antiquity market has. Regarding Chinese Americans being a lot of the increase, I am simply unsure, I had not heard of that. I know the recent Hong Kong auction broke tons of records, with a dealer friend who sold their sayign he got 1,000 times book value for some coins. My basic point to the OP was Chinese material is extremely strong, and I would expect it to keep going up. I am glad I bought my ancient Chinese cash coins when I did.