opinion on grade of 1916 Rare .50 cent silver coin

General discussions on foreign coins.
denim
Posts: 2
Joined: Thu Feb 25, 2016 2:46 pm

opinion on grade of 1916 Rare .50 cent silver coin

Postby denim » Tue Mar 01, 2016 9:55 am

Im new to the coin world. I aquired this coin a year ago, Just reacently i finally identified what it was and where its from. as well I discovered it was concidered a rare coin.
Need to sell so im looking for advice on value, and opinion on its condition and what grade they consider it to be.

ImageImage

Bill in Burl
Posts: 409
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Bill in Burl » Tue Mar 01, 2016 6:18 pm

There were many fakes of this series. A larger detailed photo would help.
Bill in Burl

Shylo
Posts: 182
Joined: Fri Apr 12, 2013 10:42 pm

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Shylo » Tue May 03, 2016 8:55 pm

My spidey senses are already tingling! I wouldn't touch that coin with YOUR ten foot pole!

Tee
Posts: 8
Joined: Wed Mar 09, 2016 6:40 pm

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Tee » Tue May 03, 2016 9:12 pm

So Bill, can you tell us (that don't have a clue what year or value) what this series is and why there would be many fakes?

Thanks

Bill in Burl
Posts: 409
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Bill in Burl » Fri May 06, 2016 4:52 am

I have 2 friends that specialize in Chinese and Far East coinage and won't touch them. For over 100 years the official coinage has been copied/faked, so that very few dealers (except those who specialize) will buy any of these Yaun(dollar) or 1/2 yaun(50 cent) coins. With computers and new dies, the situation is much worse. Without better photos and specific size/weight, it's hard to tell what's fake or what's not on a computer screen.

Your coin appears to be "restruck imperial coinage" that are rein-dated 1875-1908, but were restruck at intervals from 1911-1949 using old dies, and gradually reducing the silver purity of the original coins(.850). I'm guessing that it's Krause Y#480 at the start of the "Republic" coinage. Since 2000, almost ALL Chinese old silver coins of the larger denominations have been CAD-CAM'd produced using laser-etched dies to resemble the old dies. As Shylo stated "It has 11' pole marks all over it".
Bill in Burl

Tee
Posts: 8
Joined: Wed Mar 09, 2016 6:40 pm

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Tee » Fri May 06, 2016 7:52 am

Thanks for the information Bill!

Tee

Samuel
Posts: 30
Joined: Thu Jul 28, 2016 7:30 am

Re: opinion on grade of 1916 Rare .50 cent silver coin

Postby Samuel » Mon Jun 19, 2017 8:24 am

The value of this coin is approximately $600 (in case it is original)


Return to “Foreign Countries”

Who is online

Users browsing this forum: No registered users and 2 guests