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Hsuan Tung, First Year


chuckster
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Hello again great community!!! I have been quite lax in getting more info re: Shangtung (hopefully) coins posted.....but did have this already posted on Picassa....I would appreciate any help in valuation, and, I believe the "E" and "S" in "Provinces" has a die fill....is this good, bad, or just some other defect/error??? Thank you all agai!!!...And the Best of the Holiday season to All!!!!....chuck

 

Link to good pics: https://picasaweb.google.com/105091763351198977013/HsuanTungFirstYear?authkey=Gv1sRgCPf34Kn76IShOw#

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re: China, Manchurian Provinces, 20 cents, 1909.

 

Frankly, I don't see anything between the E and the S, and nothing of note other than that the E is a bit oversized / out of proportion. However, as with other remoter provinces, the dies for the Manchurian milled coinage was done locally, so the engraving of the dragons and also the Chinese characters and English letters may vary and are somewhat crude.

 

Unable to comment on authenticity based on scans, though I don't see any obvious concerns.

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Hello again....the authenticity is just about rock solid as all my coins came from great GrandDad who spent years travelling...is this the same coin as the link below, and if so, what is the value today?? Also, I have soooo many various coins would it be in my best interest to seek out a World Coin dealer and expect to get "fair" prices??...I am kinda broke....thank you guys/gals!!!!....chuck

 

http://www.chinararecoin.com/home.php?coinId=21&stateId=6

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Yes, that's the same coin, and as with any Chinese coinage, there are huge jumps in value when certified as mint condition, though that seller is probably on the optimistic side in their pricing.

 

Looking at ebay, there's a raw (uncertified) near mint piece with a buy-it-now of $45, and a graded near mint piece priced at $150. (probably worth closer to $100, but some people are willing to pay big for peace of mind)

 

As such, it's retail value as-is probably around $40. A specialist dealer would likely pay 1/2 - 2/3 of that depending on their ability to sell it.

 

On world coinage, a dealer may pay anywhere from 10% to 90% of retail value - it comes down to what the item is and how easy it is to sell. Bulk 50c-$2 items would be on the lower end of the scale, whereas easy to sell high value rarities can be bought on a small percentage margin if they can be easily and quickly sold. Generally speaking, 1/4 - 1/2 retail would be expected on a collection consisting of mostly circulated material that is valued at <$20 a piece. (keep in mind that dealers don't always get full retail prices)

 

Note: Fakes of common Chinese material from the early 1900s started to be made in the 1960s for the tourist trade.

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