In a recent article in Numismatic News, Dr. L. A. Saryan reports that the Big Tree Coin Factory in Fujian Province, China, produces over 100,000 counterfeit rare coins per month. Operations like this are making things difficult in the world of numismatics (coin collecting) these days.
Hopefully, Greg, you have a genuine coin. This underscores the necessity of working with repected, well-known coin dealers when building a collection of valuable pieces. The coin in our picture is a genuine coin from Ira & Larry Goldberg Coins & Collectibles, Inc. in Beverly Hills, California. CoinQuest thanks them for use of their coin image.
The catalogs report strong values for this particular silver dollar from the Chinese Republic. Here are some approximate values:
worn: $150 US dollars approximate catalog value
average circulated: $600
well preserved: $1200
fully uncirculated: $2000
Remember that these are catalog values and must be converted to actual buy and sell values using the concepts presented on our Terminology page.
DO NOT CLEAN YOUR COIN. CLEANING RUINS VALUE.
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