Buy and Sell Coins (48)
China Shansi Province 10 Cash 1912
The coin in our picture comes from Stack's Bowers where is sold for $3163 US dollars. Pictures of these valuable coins are difficult to find, and CoinQuest thanks Stack's Bowers for use of their coin photo.
If it is a genuine coin, Amie, you have a valuable piece. The corrosion will work against value.
DO NOT CLEAN YOUR COIN. CLEANING RUINS VALUE.
Here is what the catalogs say about a Shansi 10 cash:
worn: $35 US dollars approximate catalog value
average circulated: $150
well preserved: $220
You can see there is a vast discrepancy between catalog price and actual (Stack's Bowers) price. This is very typical for coin pricing. Catalogs are only rough indicators. Apparently, at the Stack's Bowers auction, there were some bidders who *really wanted* this coin. The price rose accordingly.
With all valuable coins, and especially with Chinese coins, you must be careful about counterfeits. They are all over the place. This points to the importance of buying and selling only with respectable dealers, and having your coin authenticated, graded, and encapsulated by one of these services: PCGS, NGC, ANACS, ICG. Do not use other services.