Discussion in 'Bullion Investing' started by easj3699, Jun 26, 2018.
I was wondering if anybody can give me some information on this coin or round. Thank you.
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This is Buddhist, the wagon wheel looking thing on the reverse is the wheel of Dharma, I took World Religion as an elective my senior year.
In case you’re not familiar with Ed here, if you can’t get a laugh out of his fantasies, ignore him. Sort of like the village idiot.
Um, I believe he is correct that this is a Buddhist motif. I do not recognize it though, sorry OP.
This Chinese coin , i not sure if it gold or not . It say shanghai mint .
The only thing I know about this thing is that it is gold. It test on the metal verifier and with acid and is the proper weight, but now I know it is from China, so thank you.
Dropping acid on a coin or scratching it on the stone for the acid test is a great way to destroy any numismatic value.
How do you know it is the proper weight? The reason I ask is that metal verifiers and acid test the outside, not interior. Specific gravity test would verify if heavy enough for gold.
I am not sure if it is technically a coin and I bought it purely for gold. It does have a decent rim bump on it already so wasn't worried about any possible extra value because it was already gone if it had any.
The metal verifier is supposed to see through any sort of plate and I scratched it on the stone enough to get through any normal layer of plate. By weight I meant it weighs exactly a quarter ounce on a scale. I'm not capable of doing a gravity test.
Metal verifiers like the Kee test the exterior. Higher end ones like the Sigma test the interior as well and have adapters for larger bullion, etc.
This thread is a perfect example of why to avoid buying random gold. It might look pretty. It might be cheaper. But if you can't easily verify it, skip it. Imagine trying to resell it some day. No Thanks!
Agreed - buy recognized government issued gold bullion coins from trusted dealers - pay the premium for peace of mind and market liquidity.
As another "village idiot", I agree with the first one, although I would also like to know from which country the Buddhist motif originates (e.g. India or Thailand etc.?)
When I saw the pictures, I was reminded of a small gold coin I have from Thailand. I had it certified by ANACS.
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