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Kurr
Penny Collector Member
  
 288 Posts |
Posted - 06/21/2008 : 09:53:08
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Yesterday I bought some coins from china that say szechuen Province 7mace and 2 candareens, and a kirin province of the same weight and a Silver dollar portraying Yuan Shikai.
All coins are larger coins, each weighing app 20 grams. I do believe them to be fake as the originals were supposed to be 26grams. I did read that on the fakes they used a slightly less pure silver and they were light, as mine are, 6 grams less.
My question is I was offered these at $2 a piece and cant find if there is enough silver in them to buy , if nothing else, for refining.
Various provinces and all, I am not familiar with chinese coins. They did say the chinese folks that come in buy them and said they were"chinese silver", and one guy the day before bout 170$ worth.
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A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
Democracy is three wolves and two sheep voting on whats for dinner.
Freedom is armed sheep contesting the vote. |
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Copper Catcher
Penny Collector Member
  

USA
396 Posts |
Posted - 06/21/2008 : 10:00:28
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| Most of those are not real silver. I bet if you slap a magnet to it, you might find it sticks! Not a good sign! :-) |
Edited by - Copper Catcher on 06/21/2008 10:01:47 |
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kavajava
Penny Collector Member
  

USA
296 Posts |
Posted - 06/21/2008 : 10:54:02
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| Unless you are absolutely sure what they are and what is in them, I would recommend staying away. |
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NotABigDeal
1000+ Penny Miser Member
    

USA
1327 Posts |
Posted - 06/21/2008 : 13:48:44
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I'm betting on no silver at all in them. Just say no....
Deal
p.s. "Chinese Silver" huh, try this. Not usually a fan of Wikipedia but, http://en.wikipedia.org/wiki/Chinese_silver That is enough for me to see to make my decision.
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I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks.
Steady looking for the elusive Indian head.... |
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Kurr
Penny Collector Member
  

288 Posts |
Posted - 06/21/2008 : 14:33:38
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wow at %2 silver that comes to .27 cents worth. The originals were .780 an ounce on the fatman dollar I bought. I did get 3 when I saw em, I like em tho. Don't have to make money on everything!
thanks guys
*edit, maybe when they said "Chinese silver" they meant it as we would say, American silver or Canadian silver. Wiki there says its used for jewelry, not coinage. |
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
Democracy is three wolves and two sheep voting on whats for dinner.
Freedom is armed sheep contesting the vote. |
Edited by - Kurr on 06/21/2008 14:35:15 |
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NotABigDeal
1000+ Penny Miser Member
    

USA
1327 Posts |
Posted - 06/21/2008 : 14:49:39
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Sad to say, but most anything from China seems to be a fake, unless you know a reputable dealer. I have some pandas, but they came from my usual guy. No worries there. If the coin(s) in question are that under weight, bad deal.
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks.
Steady looking for the elusive Indian head.... |
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legacypac
Penny Hoarding Member
   

Canada
883 Posts |
Posted - 06/23/2008 : 23:46:18
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| Chinese coins are for the whole country, not individual provinces. Also, the coins are not in English. To Scary for my taste, and I've been in China multiple times. |
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CoinHunter53562
Penny Collector Member
  

USA
498 Posts |
Posted - 06/24/2008 : 07:41:59
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| I would definitely stay away from them...too many fakes/scams out there involving anything from China. |
Load up now while you can!
HoardCode0.1:M38/1USWI:US1Cu20990:US5CuNi985 |
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Kurr
Penny Collector Member
  

288 Posts |
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Crash
Penny Pincher Member
 

USA
127 Posts |
Posted - 06/24/2008 : 15:18:19
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| I was in Shanghai twice this year, & there were tons of vendors hawking silver coins. I didn't have the skill to determine fake from real, but I think the magnet test would be a good starting point. It was funny how hard the vendors tried to convince me they were silver, though. They would clash two coins together & hold them up to your ears so you could hear them ring. Every single one of them did it & I always got a kick out of it. |
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fiatboy
Administrator
   

912 Posts |
Posted - 06/30/2008 : 14:38:51
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| A lot of the fakes from China are silver plated. |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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kavajava
Penny Collector Member
  

USA
296 Posts |
Posted - 07/01/2008 : 12:28:38
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| I have some Pandas I bought a long time ago--but any more, I will only buy them slabbed by PCGS or NGC as an assurance that they are genuine. |
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just carl
Penny Collector Member
  

USA
374 Posts |
Posted - 07/07/2008 : 09:14:14
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| After all that Lead in paint on toys from China I would be a little scared to purchase coins from there. Probably now coated with Lead. Where did they get all that Lead for toys anyway? |
Carl |
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