China Dollar (Yuan) with Junk (Fakes are possible) 1932 to 1934
That is Sun Yat-Sen on the front of this neat Chinese coin. He was the founding father of the Republic of China, and a medical practitioner. As the foremost pioneer of the Republic of China, Sun is referred to as the 'Father of the Nation' in the Republic of China (ROC), and the 'forerunner of democratic revolution' in the People's Republic of China (PRC).
(A) This is a $4000 US dollar coin with absolutely no wear, superb luster, and fantastic eye appeal. It would probably sell retail for $3500 to $4500. A coin dealer might buy it for $2500 to $3000.
(B) The (B) coin has some wear and has lost all luster. Eye appeal is below average. This coin would probably sell retail for $2200 or so, and a dealer might buy it for $1500.
(C) Even with troubles like plenty of wear, a dark look, and nicks and scratches on the surface and around the rim, this coin would still sell retail in the neighborhood of $1500. A dealer would probably buy it from you for $800 or there-abouts.
(1) The number (1) coin in our photo is a $300 item. It has oodles of frosty luster and absolutely no wear. If the discoloration around the rim were not present, the retail price might reach as high as $400. Selling this coin to a dealer would probably bring $150 to $200.
(2) This is a $150 coin. Just about all of the mint luster has been rubbed off by circulation, and there are several small scratches that detract from eye appeal. A dealer might pay $50 to $75 to buy it from you.
(3) The (3) coin is a sad specimen. Not only is the eye appeal tainted, but the poor thing has been drilled through to make a key chain or something. A novice collector might buy it for $30. If you had this coin to sell, a dealer would probably give you $5 for it, which is less that the value of silver it contains.
But we are not done yet. Chinese coins are notorious for counterfeiting. (Maybe some day China will grow up as a nation and put a stop to their counterfeit operations.) This coin, like most Chinese coins, are heavily counterfeited. There is a good discussion thread about counterfeit junk dollars over at CoinCommunity.com. You can see a side-by-side comparison of one fake vs. real below. There may be several other fakes out there.
If you think you might have a fake junk dollar, take it to a knowledgeable collector or professional coin dealer for an in-person appraisal. You can submit your coin for authentication and grading to PCGS, ICG, NGC, or ANACS (do not use other services). When dealing with Chinese coins -- or any coin, for that matter -- always deal with people you trust.
Coin: 19508 , Genre: The Sinosphere
Requested by: GPC989, Thu, 02-Jul-2015 16:38:23 GMT
Answered by: Paul, Fri, 03-Jul-2015 01:07:19 GMT
Requester description: http://www.ngccoin.com/price-guide/world/china-republic-of-dollar-yuan-y-344-21-cuid-42768-duid-123290 boat with two sails, sun, waves, bald man
Tags: china dollar yuan junk fakes counterfeit shinese chin chine chian chinese chineese dollare doller dol dollars replica forger counterfet fake counterfiet reproductions repro reproduction counterfeits replicas forgery com world republic y boat ship two sails sun waves wave bald man worlds repub repbulique republik repcblique repuika republ republicas republicia reipvblicae repubblica reublico republiove republiek repvbliqve republica republique rupublica repvbblica republika replucique rebublique repvblica replublica republicans republka repvblique repbublic saling sailing steamboat clipper warship sailboat masted ships boats outriggers vessel sail outrigger sunrise sunshine sunset sunlight waving waive wavy wavey balding boy male mann boys mans
How can you tell if the coin is real and not a fake. I have the coin in c condition but the Character on the sun side does not seem to be the same.
Does it just represent another year of the coin? - Rick D.
Good question, Rick. Glad you are on your guard. 'With birds' coins were produced only in one year. We added a section at the bottom of the page on fakes. The referenced CoinCommunity thread is very helpful. - CoinQuest (Paul)
I have one and I really don't find the difference either mine is real or fake - Izah
A real one weighs 26.73 grams in uncirculated condition, and would weigh very close to that if circulated. Holding a strong magnet up to the coin is a quick and easy first step towards determining if a coin like this is authentic - real ones are made of silver, and most fakes are base metal and will stick to a magnet. If you'd like us to have a look at it, please CLICK HERE and you'll be able to upload photos. - CoinQuest (Todd)