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opinion on grade of 1916 Rare .50 cent silver coin

Posted: Tue Mar 01, 2016 9:55 am
by denim
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.

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

Posted: Tue Mar 01, 2016 6:18 pm
by Bill in Burl
There were many fakes of this series. A larger detailed photo would help.

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

Posted: Tue May 03, 2016 8:55 pm
by Shylo
My spidey senses are already tingling! I wouldn't touch that coin with YOUR ten foot pole!

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

Posted: Tue May 03, 2016 9:12 pm
by Tee
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

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

Posted: Fri May 06, 2016 4:52 am
by Bill in Burl
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".

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

Posted: Fri May 06, 2016 7:52 am
by Tee
Thanks for the information Bill!

Tee

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

Posted: Mon Jun 19, 2017 8:24 am
by Samuel
The value of this coin is approximately $600 (in case it is original)