Coin and Paper Money Collecting/A one tael coin?

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Expert: Brad Swain - 6/25/2010


Question

Asian Coin
I recently came into a coin I was told is possibly a one tael coin. It is large and feels very heavy. Could you please look at it and could you tell kinda what its value is? Thank You

Answer
Hi Michael, it looks like a fake to me.
Counterfeits and fantasy pieces mass produced in East Asia, the Middle East and Eastern Europe abound of Chinese and U.S. coins, and many other countries'.
A 'fantasy' piece is when someone creates or hijacks an official design and changes it to suit whatever purpose they imagine that will make the coin interesting enough to sell as a souvenir or conversation piece to someone who is unfamiliar with the genuine pieces.
Most older counterfeits weigh up light, are grayish, may have a weakly struck look to appear worn, look cleaned or antiqued and may have a dull or grainy surface or have typographical errors. Newer ones show that the counterfeiters are refining their skills and obtaining planchets of the right weight to produce passable counterfeits. Weighing it may be the best telltale of its genuineness.
Genuine Chinese silver dollar coins of this period weigh 26.4 to 27.5 grams each.
Fakes: http://reviews.ebay.com/Fake-8-4-and-2-Reales-coins-from-ASIA-BEWARE_W0QQugidZ10...
Chinese counterfeit factory: http://coins.about.com/od/worldcoins/ig/Chinese-Counterfeiting-Ring/Chinese-Fake... .
Brad

Brad Swain

Expertise

I have been a World Coin and Paper Money collector since about 1965. I will be glad to answer any questions you may have on World coins or currency, tokens, unusual or unknown pieces and attempt to give you estimates of value and historical information about them in a polite and prompt manner.

Experience

45 years collecting coins and paper money.

Education/Credentials
BA History, BA Geography - Virginia Tech

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