Pei Yang Chinese Coins

Discussion in 'Silver Coins' started by GilM, Jul 13, 2011.

  1. GilM

    GilM New Member

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    Does anybody has any information about these coins?
    I noticed that there are so many of them available for sale in Taiwan, where I reside at the moment. They are highly priced - $100-$300 USD - and there is big demand for them at the online auction sites, such as Yahoo Bid Taiwan and eBay US. There are different characters written on them depending on the province where they were issued at or the year of mintage.
    Here are some examples:

    [​IMG]

    [​IMG]

    [​IMG]

    Are there any years or provinces of issue that are hotter than others?
     
  2. Ag

    Ag Well-Known Member Silver Stacker

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    Seriously? There selling for that price?
     
  3. GilM

    GilM New Member

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  4. Ag

    Ag Well-Known Member Silver Stacker

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  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  6. 1for1

    1for1 Well-Known Member

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    Hi,

    Yeah these coins are only going up in value and the demand is unreal, theres a massive amount of fakes going around though so be warned,

    so many of these high auction price coins are just fakes... the fakes are quite nice.

    I have a real collection and a fake collection.. as usual fakes are light and seem new-old, the characters and detailing arent as crisp

    I have found the smaller china coins are less likely to be faked so do buy them online.

    1for1
     
  7. GilM

    GilM New Member

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  8. nicwinner

    nicwinner Active Member Silver Stacker

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    lots of fake coin in that link you shows above, Gilm.
     
  9. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    The Chinese coins above are similar to the Florins and Shillings and Crowns that circulated in Australia/Commonwealth - basically that is money from around 100 years ago that circulated in China.

    The Pei Yang is around 0.75 oz asw and the prices of these coins are akin to the dynamics/reasons for the prices of for example the 1938 Crown - cheapest one is around $120 for 0.84 oz asw !

    China had many different provinces ( most of them issued them ), different years and mintmarks, designs plus we are nearing the age of the Dragon and bubblelike pricing could occur.

    Recommended to only the serious investors - unless you can find them for spot + 10%
     
  10. nicwinner

    nicwinner Active Member Silver Stacker

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    honestly I think that not quite same. 1938 crown is cozs by mintage, chinese coin mintage lots than 1938 crown and 1937. The reason I think is that ebay seller have some shadow account to keeping bid their item to mark-up the final price. The really price or the final ture price must be rechecked with seller selling history.
    and there have too many FAKE!!
     
  11. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    You can shillbid a coin as much as you like, but there must be a buyer on the other side.

    Put up a 1937 Aussie Crown and shillbid it however you like it and it wont sell for more than $50.

    Someone is buying those coins at those prices
     

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