With their help, identifying the coin should be easier. Some members of these communities are well-versed in Chinese coinages. There are many numismatics communities in the internet.
Out next step will require the aid of the best and the fastest resource there is – the Internet. There are thousands of Chinese coin types and it’s nearly impossible to identify Chinese coins without help. The price of these newer coins ranges from a few dollars to some thousands of dollars depending on the coin’s rarity and condition. Modern Chinese are easily recognized by their similarities to European coins. In fact, 99% of these coins are priced at less than USD 10.Ĭhinese spade moneys and Chinese knife coins are other forms of ancient Chinese coinages that resemble spade and sword, respectively. These holed coins, also known as Chinese cash coins, are very cheap. Most ancient coins are identified by a hole in the middle. These coins were continually circulated in China until 1911. We can divide Chinese coins into two categories – ancient and modern.Ĭoins from ancient China date back to the founding of the Chinese Empire. The first step in identifying the coin is to determine its age. Demand is the gauge of how sought after a coin is. Rarity is a measure of how many samples are in existence for a certain type of coin. It is defined by the coin’s grade, luster, amount of wear, make and overall appeal. Before we proceed with the actual appraisal, it is essential that you understand the three factors that shapes the value of Chinese coins – Condition, Rarity and Demand.Ĭondition refers to the actual state of the coin. Pricing refers to the step wherein a probable market price is set on the coin. Evaluation is the process of checking the condition of the coin. Identification is the categorizing of the coin by its physical appearance (legends, mint marks, etc.), dating the coin and attributing it to a place, dynasty or state. And with the assistance of the Internet, the task will even become easier.Ī Chinese coin appraisal typically undergoes three steps: Identification, Evaluation and Pricing. Valuating your Chinese coins is an arduous task but we’re going to streamline the process by pointing out the main elements that define the value of a Chinese coin.
Rampant counterfeiting of collectible coins, the thousands of coin types circulated in ancient and modern China and the lack of a comprehensive record of Chinese coins are among the reasons why appraising Chinese coins is difficult. One of the most frequently-asked, yet seldom answered, questions about Chinese coins is “How much are my Chinese coins worth?” For clarity, this guide will not include the appraisal of Chinese bullion and commemorative coins. China Qing Dynasty Qian Long Tong Bao Ancient Chinese coins Determine the worth of Chinese coins by following three easy-to-follow steps.
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