Author Topic: 1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal  (Read 2082 times)

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Offline Gilmore

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1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal
« on: March 18, 2013, 03:23:02 AM »
Any idea what this really is? First time I see it. Does it have a special collectible value?

From the seller's description: "This medal has been counter-stamped by the Berkeley Chinese Students and Scholars Association, an anti-communist group that assisted foreign exchange students stranded in the US."

http://www.ebay.com/itm/1987-China-5oz-Rare-Silver-Hong-Kong-Coin-Expo-Counterstamped-Medal-w-Box-CoA-/290881020466?pt=US_World_Coins&hash=item43b9dc2232


Offline pandamonium

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Re: 1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal
« Reply #1 on: March 18, 2013, 08:22:43 AM »
I noticed this listing.  Is the counterstamp (hammer & sickle?) on the coin or on the plastic?  Looks like the plastic...............

Offline pandamonium

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Re: 1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal
« Reply #2 on: March 18, 2013, 02:41:28 PM »
Out of curiousity I contacted the seller and the counterstamp is on the coin.   They also said it will probably not grade.................

Offline Pandaguy

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Re: 1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal
« Reply #3 on: March 18, 2013, 03:49:12 PM »
While I agree with their anit-commie stand, what a way to ruin an otherwise fine collectible coin. What a shame.   :(

Offline Gilmore

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Re: 1987 5oz Hong Kong Coin Expo Counterstamped Silver Medal
« Reply #4 on: March 18, 2013, 09:20:39 PM »
...what a way to ruin an otherwise fine collectible coin. What a shame.   :(

I thought so too at first but apparently it has some story and history behind it and therefore it is a collectible.

"After the Tian An Men Square massacre [1989] in Beijing an organization [B.C.S.S.A.; Berkeley Chinese Students and Scholars Association] was formed to assist Chinese exchange students who were stranded in the United States where they had been studying. One of the devices they used to raise money was to counterstamp a few hundred old Chinese Silver Dollars and other silver dollars that circulated in mainland China at the same time as the Chinese silver dragon dollars and sell them at a premium. The silver dollars that circulated in China as the dragon dollars were mostly U.S. trade dollars, British trade dollars, French Indo-China silver piastres, and Mexican 8 reales. These foreign coins that were accepted in China as good silver trade coinage were not as many as the dragon dollars so they are actually rarer. In the center of the counterstamp was an anti-Communist logo and circling that the name of the group. On one side of the coin the lettering was in Chinese and on the other side of the coin the lettering was in English. With only about 200 of these silver coins in existence, these are extremely rare, historically very interesting and it would be very difficult to find one of these coins today. The host coins used for these Anti-communist Student Freedom Dollars appear to be limited to British Trade dollars, French Indo-China Piastres, and Mexican Cap & Ray Pesos."

We can add the 1987 5oz Hong Kong Coin Expo Silver Medal to the list above.

Source - http://www.moneta-coins.com/photopost/showphoto.php?photo=1604&title=chinese-students-freedom-dollar&cat=565