NKOREA COIN PHOTOABLUM AND DISCUSSION-ONE OF JIM ROGER COIN INVESTMENT

Discussion in 'Modern Chinese Coins & Medallions' started by andrewlee10, Apr 19, 2016.

  1. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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  2. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    65 mintage 5 oz .999 silver coin at this sensitive moment. 65 th celebration of war theme. Would the 12 June 2018 make this realistic?

    upload_2018-6-2_18-17-14.png

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    upload_2018-6-2_18-20-17.png
     
  3. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    NOT look down on this coin. It is special. As heard the coin is commission by Jim Roger
    upload_2018-8-10_12-1-45.png

    upload_2018-8-10_12-2-45.png

    The ebay seller who from China has also said the same as his listing

    https://www.ebay.com/itm/273316232372

    The price of the coin is around 110 before shipping. This seller price it double up due to the rarest.

    I research this coin by search engine rather than act as dumb ass waiting some others to feed him information. Seems the information provided is a bit accurate.

    Here the link of Jim Roger Daughter learning mandarin. The interview did show their Nick name as the elder daughter name "HAPPY" and younger daughter name "BEE" as show in the photo too. The coin name "HAPPY BEE".

    https://mothership.sg/2017/12/expatriate-family-happy-jim-rogers-learn-chinese-cannot-afford/
    upload_2018-8-10_12-6-25.png
    upload_2018-8-10_12-5-28.png
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Hi Andrew, by no grading result, do you mean it cannot be graded by PCGS? Are these NK central bank slab really from NK? I read that the certs (see pic below) are actually printed by the Chinese vendors and not real. The north korean coins sold in Singapore coin expo also comes without cert or slab.

    [​IMG]

     
    Last edited: Aug 10, 2018
  5. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    My deduction is the certificate attached by you is from North Korea to China vendors and they just chop those details on it. I did get plenty empty coa.

    As the slab which I more and more suspect it is from China vendor who did it in China either with out without authorisation from North Korea or not which I am not sure. Just a bit fishy for me.
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It's strange that north korea doesn't want to do official certificates.

    I've been researching on NK coins and mintages recently. Taking for example the most commonly seen 1998 Chollima gold coin, the official mintage is only 100 pieces, but it is far more common than to be only 100 pieces as the PCGS pop is over 30.
     
  7. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    NOT FULLY believe the bullship of those china vendors. In early 1980-2000 s' EU countries are the main vendors of NK. You will notice a lot of those NK Coins with western theme and in english. On top of it the mintage is more on 1,000 to 10,000 for silver coin. In fact, those are coins specialise order and custom make to those EU vendors. Many of it are overminting than declare/planned mintage.

    In 2000s' which China vendors have go into this trade which mintage around 500 for silver coin (1 oz). The China distributors have changes every 2 -3 years. They always cheap and hype than run away lead to another distributor take on it. I have heard which early 2000 s' before 2010 some NK silver coins are over minting as declare mintage too.

    Take note, many comment NK coin have many varieties of one coin. Yes, it is true because minting die broken, re-mint the balance of the mintage to full by using another minting die and some many other reasons.

    There are difference of specimen too which is still no transparent in information. One China vendor bad mouth of south korea vendor for his specimen because he get no stock. He informs collectors those specimen grade by PCGS is fake and not use for the specimen objective and he will get PCGS to ban in grading. After half year which He get the stock and sell than he change tune. So beware of information and scam from this type of china vendor.

    it is common breaking the slab and re-submission in grading for better result. So PGCS statistic does not means a lot to me at all.
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Thanks for sharing. I also noticed that PCGS makes multiple entries for what appears to be the same coin. Different entries PCGS# but almost same description (variations of same description). The picture of the coin is also the same.

    It appears that newer coins after 2010 are safer to collect, but they are also more expensive and more commonly found.

    I recently bought an ungraded 2002 30000 won coin that is not even in the PCGS database, so worried, it might be fake. :D

    By the way, did you read the article that a Chinese dealer that used to do business in NK is now minting the coins to bypass the UN sanctions? I think I saw it somewhere but couldn't find the report now. :)
     
    Last edited: Aug 10, 2018
  9. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    It is bullshiting again. Singapore has implemented the sanction in late 2017 for Nk coin. You can report anyone to custom and police station which they will investigate and take action accordingly.

    I ship any of my purchase to Malaysia after the Singapore sanction implemented.

    Whatever purchase and sell before the sanction is legal in Singapore. You are commiting a cases if ship out or in after the sanction. Sell and buy within Singapore still legal if the good in Singapore even sanction is implemented.

    If anyone sell the 2018 coins physically in Singapore which obvious against the law. You can report to custom.
     
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The coin I bought locally is suppose to be from the coin fair, not sure which year. Are they still selling NK coins in the 2018 coin fair?
     
  11. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    I just there for 20 mins to pick up order items which I am not sure.
     

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