China Republic 10 and 20 Cents (Counterfeit)  1926
China Republic 10 and 20 Cents (Counterfeit) 1926

The dragon and phoenix design often appears in conjunction with weddings because one meaning of the famous duo is blissful husband and wife relationships. Sure enough, the coin catalogs list this piece with the Pu Yi wedding, a Chinese emperor, although this web site seems to throw water on the whole idea.

Perhaps the dragon and phoenix mean male and female, masculine and feminine, yin and yang, this world and the next, or positive and negative. All in all, it makes for an interesting coin and an interesting topic of conversation.

As to the value of the coin, this is equally mysterious. Several factors strongly influence the value of Chinese coins today. First, China is an emerging economic power on the world scene, so interest in Chinese collectibles is way up. Second, Chinese counterfeiting is rampant in the rare coin business, which directly counteracts the increased collector demand.

Here are some statistics from one of our coin catalogs (Krause and Mishler) about these coins:

10 cents, or 10 fen, or 1 chiao:
18 mm diameter
0.061 troy ounces silver
catalog value $30 in average circulated condition

20 cents, or 20 fen, or 2 chiao:
23 mm diameter
0.121 troy ounces silver
catalog value $30 in average circulated condition

But wait. The value of these coins is directly proportional to the confidence one has that the coin is genuine and not counterfeit. A coin known to be genuine can command much stronger values that those indicated above. The way you can be sure is if the coin is authenticated and encapsulated by a trusted third-party service such as PCGS, NGC, ANACS, or ICG. Services other than these four are suspect.

We have an interesting analysis of some Japanese counterfeit coins at this CoinQuest link.

The coin in our picture comes from a not-to-be-named eBay page. In my personal opinion, the coin looks too good to be true. The strike is sharp, the surfaces are clean, and the wear is minimal, except on the dragon's head. There is a chance this coin is not genuine, although I certainly cannot tell for sure.

Without guarantee of authenticity, I would not purchase this coin even at low price. With a guarantee from PCGS, NGC, ANACS, or ICG, I might be happy to pay several $100 US dollars because the coin is in excellent shape. All in all, Marco, CoinQuest is not sure what the value of your coin actually is.

Check China Rare Coin for some interesting facts about these collectibles.

Thanks for an interesting inquiry.

Coin: 4178 , Genre: The Sinosphere
Requested by: marco, Wed, 19-May-2010 19:22:15 GMT
Answered by: Paul, Mon, 30-Sep-2013 01:47:36 GMT
Reviewed by CoinQuest. Appraisal ok., Wed, 02-Sep-2015 14:05:31 GMT
Requester description: 1926 dragon-phoenix 10 cent kann
Tags: china republic 10 20 cents cent counterfeit taiwan chine chinese chineese repub repbulique republik republ republican republicas republicia reipvblicae republiove republiek repvbliqve republica republique repvbblica republika rebublique repvblica republicans repvblique peny pennys pennies penny replica forger counterfet fake counterfiet reproductions repro reproduction counterfeits replicas forgery fakes dragon phoenix kann dragons fen chiao






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