Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Modern counterfeit world coins... train your eyes, get your game up
>
Reply to Thread
Message:
<p>[QUOTE="gxseries, post: 2171748, member: 4373"]The Chinese coin market is an interesting market. What made the prices shoot up like a rocket is during the GFC - the Chinese just couldn't trust banks and stock related for investments. Coupled with the strong nationalism and an interest in reviving the great Chinese history, this made the market explode. Prior to that, many Chinese crown coins were sold for close to melt value. I still regret not getting a hoard of them back then. </p><p><br /></p><p>While the market has definitely cooled as the economy is not doing too well, scarcer coins are still performing very well. In particular high grade coins from the Qing dynasty and proof mint set from 1980s. I guess the most obvious point is that people who are born from this era are in their prime working age have the money to spend a good fortune on such coins. They may want to past them down to their grandchildren. Low mintage figures and poor survival rates also help to boost the figures. </p><p><br /></p><p>I'm a big fan of the early Chinese commemorative coins such as the 1985 1 yuan featuring Xinjiang and 1986 1 yuan featuring Year of Peace. Try to find them in proof condition - they may need more than an arm and leg![/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 2171748, member: 4373"]The Chinese coin market is an interesting market. What made the prices shoot up like a rocket is during the GFC - the Chinese just couldn't trust banks and stock related for investments. Coupled with the strong nationalism and an interest in reviving the great Chinese history, this made the market explode. Prior to that, many Chinese crown coins were sold for close to melt value. I still regret not getting a hoard of them back then. While the market has definitely cooled as the economy is not doing too well, scarcer coins are still performing very well. In particular high grade coins from the Qing dynasty and proof mint set from 1980s. I guess the most obvious point is that people who are born from this era are in their prime working age have the money to spend a good fortune on such coins. They may want to past them down to their grandchildren. Low mintage figures and poor survival rates also help to boost the figures. I'm a big fan of the early Chinese commemorative coins such as the 1985 1 yuan featuring Xinjiang and 1986 1 yuan featuring Year of Peace. Try to find them in proof condition - they may need more than an arm and leg![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Modern counterfeit world coins... train your eyes, get your game up
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...