Topic: Peoples Repulic of China Fen coins

[DavidTucker]

Incidentally, does anyone know whether or not there are coin albums for the modern (1991 and later) 1 & 5 Jiao and 1 Yuan coins? If so, where can I find them and what do they cost?

[DavidTucker]

I have a question about the following coin in the enclosed attachment. Does this coin look authentic or does it appear to be a counterfeit?

[SANDAC]

I'm certainly no expert, but compare to a 1984 graded proof (NGC 3362325-014), the placement of "4" seems off and the spacing and size of numerals are also different.  Perhaps there are date varieties, but the smudge around "4" is suspicious.

[SANDAC]

Update:
NGC census does indicate small date and large date varieties for the 1984 jiao.  I looked around and find one, 3566435-001, that maybe the small date.  However, the date position is different than the one you posted.

[poconopenn]

I have a question about the following coin in the enclosed attachment. Does this coin look authentic or does it appear to be a counterfeit?

1984 1 Jiao was only minted in proof condition. The surface texture of this coin is definitely not in proof condition. Most likely, this is an alteration of 1981 BU which is the cheapest great wall 1 Jiao in circulation.

[DavidTucker]

Thanks for all of your replies to my inquiry. I was under the impression that it might be a cast forgery, since there appear to be quite a few differences in detail that simply do not match the real "Great Wall" Jiao coins. This "coin" is currently being offered on eBay by a source in China that seems to deal mostly in non-numismatic items and it hasn't sold even though it has been relisted several times, so I am assuming that no one else thinks it is genuine either. I didn't think it was real myself, but it never hurts to get a second or a third or a fourth opinion, so thanks for all of your help.

[pandamonium]

Have a 1974 2 Fen.   Is it common?...... 

[fwang2450]

Have a 1974 2 Fen.   Is it common?...... 

With circulating coins, it is not a question of whether they are common. They all have enormous mintage. It is the condition of such coins that matters. If yours is a MS67, that's very rare.

[DavidTucker]

Hi again everyone. I just wanted to make sure that no one missed my question regarding whether or not there were coin albums available for the newer PRC coins? I have seen albums for the Fen coins (although I don't actually have one), but I have never seen any for any other denominations. If they aren't toxic to coins (i.e. they will not cause deterioration or corrosion), I would like to obtain some actual albums, providing that they aren't too expensive, of course.

On a related note, the most recent coin albums that I have seen for the Fen coins only go up through 1992, but if there is a newer album that also includes the later 1 Fen issues up through 2013, I would be most interested in obtaining one of those (if the album wouldn't damage the coins if stored in it).

Thanks again.

[fwang2450]

Hi again everyone. I just wanted to make sure that no one missed my question regarding whether or not there were coin albums available for the newer PRC coins? I have seen albums for the Fen coins (although I don't actually have one), but I have never seen any for any other denominations. If they aren't toxic to coins (i.e. they will not cause deterioration or corrosion), I would like to obtain some actual albums, providing that they aren't too expensive, of course.

On a related note, the most recent coin albums that I have seen for the Fen coins only go up through 1992, but if there is a newer album that also includes the later 1 Fen issues up through 2013, I would be most interested in obtaining one of those (if the album wouldn't damage the coins if stored in it).

Thanks again.

Are you talking about official albums or privately made ones? People's Bank of China did not issue any coin albums after 2000. But there are various privately made circulating coin albums for sale on Taobao: http://s.taobao.com/search?spm=a230r.1.0.0.zeZOXq&q=%B7%D6%B1%D2%B4%F3%C8%AB%CC%D7&rs=up&rsclick=4

[DavidTucker]

fwang2450, thanks for the link to Taobao. It appears as though they are mostly selling albums with all coins but the key dates already in the albums. I did not find any empty albums for sale, so I wonder if I was merely overlooking them. I am somewhat confused about one set for sale, which seems to have ALL of the key date coins included (the 1955, 1957, 1981 & 1992 1 Fen, the 1980 & 1992 2 Fen and the 1979, 1980 & 1981 5 Fen) for a total price of only 400 RMB? Am I missing something, or what? After all, that is only around $65.00 US, which seems extremely cheap for a set including all of the rarer coins. Perhaps you can explain? If the coins are authentic, I would definitely be willing to pay that amount for a full set.

[fwang2450]

fwang2450, thanks for the link to Taobao. It appears as though they are mostly selling albums with all coins but the key dates already in the albums. I did not find any empty albums for sale, so I wonder if I was merely overlooking them. I am somewhat confused about one set for sale, which seems to have ALL of the key date coins included (the 1955, 1957, 1981 & 1992 1 Fen, the 1980 & 1992 2 Fen and the 1979, 1980 & 1981 5 Fen) for a total price of only 400 RMB? Am I missing something, or what? After all, that is only around $65.00 US, which seems extremely cheap for a set including all of the rarer coins. Perhaps you can explain? If the coins are authentic, I would definitely be willing to pay that amount for a full set.

Can you give a link to the album?

[DavidTucker]

Hi Fwang2450, here is the link:

http://item.taobao.com/item.htm?spm=a230r.1.14.166.1S4Ec8&id=38943499772&ns=1&abbucket=0#detail

[fwang2450]

Hi Fwang2450, here is the link:

http://item.taobao.com/item.htm?spm=a230r.1.14.166.1S4Ec8&id=38943499772&ns=1&abbucket=0#detail

This listing is dubious. The seller makes it clear that the key dates 795, 805, 815, 811 and 802 are altered. Some of the other coins look circulated. Probably there are even fakes. For key dates or semi-key dates, certified coins are a safer bet.

[DavidTucker]

Thanks fwang, since I can't read Chinese and the Google transator leaves something to be desired, I wasn't sure what was going on, but I know that the rare coins are worth many multiples of the price for the set.

Incidentally, I have been conversing with a guy who lives in China and he says that he has gone through a lot of rolls of Fen coins and has never seen a 2000 date 1 Fen coin, so although they were made for circulation, are they scarcer than would be expected for the price? I bought the ones I have for around $3.00 each (which included shipping), so perhaps I did OK on them.