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<p>[QUOTE="theouterlimitz, post: 1351358, member: 34564"]Thank you for your response Numismat. The prices I got were taken from here:</p><p><br /></p><p><a href="http://www.ichengxuan.com/antiques/39147/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ichengxuan.com/antiques/39147/" rel="nofollow">http://www.ichengxuan.com/antiques/39147/</a></p><p><br /></p><p>Which is an antiquities and Chinese art dealer. They have many lots of empire-republic Chinese coins. So I scrolled through all the "fat mans" and other coins listed until I found the one I had...and there were several sold. The one on the link provided is MS-63 and recently sold. According to their website they "estimated" that it would sell for 8,000 to 15,000 RMB (Yuan) which is roughly $1,200 to $2,300 US $. Okay. That was their estimate but it has been sold, and that MS63 sold for 51,750 RMB, which is $8,187!!!</p><p><br /></p><p>So there are others that sold for quite more, some less, but still...WAY higher than anything I've ever seen. Is an AU worth $250 but an MS63 worth $8K?</p><p><br /></p><p>What is going on in the Chinese market?</p><p><br /></p><p>Are they artificially inflating their coin values? Is this a fake auction house (they appear to be legit) or what's the deal.</p><p><br /></p><p>I'm seeing Chinese coins going for big bucks...even when book values say they are worth $100.</p><p><br /></p><p>So perhaps any of you experts can give me your wisdom, so that I may learn.</p><p><br /></p><p>Finally...do you recommend getting this graded? If I was to sell...what should I ask?</p><p><br /></p><p>And one more. How do you know it is a 1917? Tang Jiyao made coins in 1916 and 1917. I'm not questioning your logic...just curious so I can learn.</p><p><br /></p><p>Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="theouterlimitz, post: 1351358, member: 34564"]Thank you for your response Numismat. The prices I got were taken from here: [URL]http://www.ichengxuan.com/antiques/39147/[/URL] Which is an antiquities and Chinese art dealer. They have many lots of empire-republic Chinese coins. So I scrolled through all the "fat mans" and other coins listed until I found the one I had...and there were several sold. The one on the link provided is MS-63 and recently sold. According to their website they "estimated" that it would sell for 8,000 to 15,000 RMB (Yuan) which is roughly $1,200 to $2,300 US $. Okay. That was their estimate but it has been sold, and that MS63 sold for 51,750 RMB, which is $8,187!!! So there are others that sold for quite more, some less, but still...WAY higher than anything I've ever seen. Is an AU worth $250 but an MS63 worth $8K? What is going on in the Chinese market? Are they artificially inflating their coin values? Is this a fake auction house (they appear to be legit) or what's the deal. I'm seeing Chinese coins going for big bucks...even when book values say they are worth $100. So perhaps any of you experts can give me your wisdom, so that I may learn. Finally...do you recommend getting this graded? If I was to sell...what should I ask? And one more. How do you know it is a 1917? Tang Jiyao made coins in 1916 and 1917. I'm not questioning your logic...just curious so I can learn. Thanks.[/QUOTE]
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