one quarter yang and other questions

olmanjon

I have several questions for all of the experts out there. What is the grade of the 5 pfenning and the one quarter yang from korea? Is the canadian large cent the 1859/58? Is the 2 francs from Monoco an Essais? I purchased 600 mixed foreign coins for 6 cents each. Among them was the one quarter yang. Krause lists it at $300 in vf and $500 in xf. I have been offered $200 by a dealer for it. Is this a good deal for each of us or is Krause to high or to low for this particular coin? Thanks for any info, Olmanjon.

DCH

Great stuff for bulk lot.
I'm not an expert but...

Korean 1/4 Yang Yr 2(1898) KM 1117. Current Krause says $1 in F $2 in VF. I'd call it VF- details, damaged(rim cut).
German 5P AU, but not sure if there's damage under the green stuff on the 5
Monaco would say Essai under Francs

1960NYGiants

The 1859 large cent appears to be a late die state - the misnomer wide nine. It's definately not a 9 / 8 as the inner loop is oval. I don't see the bridge connecting the left side of the nine to the lower knob nor can I see the "beard" below the knob - this rules out the Type 1 repunch. The placement of the white critters makes it too dificult to see the diagnostics for the Type 2 repunch. Can you remove it from the holder and post a learger pix of just the 9?

BTW: a 6c each, I'd have sold that 1/4 yang in a heartbeat! That one piece means you'd be ahead $164.

sumnom

Does that dealer know something about the 1/4 yang that we don't? It looks like a common coin to me, hardly worth enough to buy a decent latte.

satootoko

<< <i>Does that dealer know something about the 1/4 yang that we don't? >>

Perhaps he can't tell the difference between a "2" and a "3".

The Kuang Mu 2 (1898) version of KM1117 shown is correctly described and valued by DCH. Both of the Kuang Mu 3 (1899) varieties (large and small characters on the obverse) are much rarer, and almost impossible to find at the prices mentioned by Olmanjon.

If I had the pictured coin, and someone offered to buy it for $20, let alone $200, I'd be knock them to the floor in my rush to deposit the proceeds in my bank.

olmanjon

Well-I am no expert as I keep telling you, but in looking at Krause pics, the one quarter yang is identical to the 1901 not the 1898. Perhaps this is where the confusion comes in. Is the 1901 also a hard coin to come by and is this truly the 1901? I leave it to all of you to decide. The coin dealer did seem to be very excited about this coin though. He said that he was very, very interested in purchasing it.
By the way the Monoco Essais came from that same lot of bulk coins. Krause lists it at $37.
Here is a closer pic of the 1859 large cent.
Great eye on that 5 pfenning. Under 20 power you can see a spect of green. Will try to clean if possible without destroying the value. Thanks again, Olmanjon
Text

olmanjon

sorry wrong coin pasted

olmanjon

For some reason can't get the right pic here. Will try once again. I think that there is a place that we can use for trying out different post before actually posting them. How do I get to there?

olmanjon

Never mind-I found it. Darn novices.

sumnom

The 1/4 yang pictured is identical to the 1901 issue in all aspects save the date. You have an 1898. I am sure of it. Did you show the dealer the image you have shown us or did you just tell him you had a 1901 1/4 yang?

IloiloKano

Current eBay Auction for 1898 1/4 Yang

Except for the condition, looks identical to me.

satootoko

<< <i>You have an 1898. >>

Of course the only people who will agree with us on that are the ones who can read Asian numbers well enough to distinguish between a "2" and a "5".


<< <i>Did you show the dealer the image you have shown us or did you just tell him you had a 1901 1/4 yang? >>

If he's offering you $200 after seeing that image, or the coin itself, stop fooling around and GRAB THE DOUGH before his cocaine dose wears off.

spoon

<< <i>seeing that image, or the coin itself, stop fooling around and GRAB THE DOUGH before his cocaine dose wears off. >>



What he said.

mrpotatoheadd

<< <i>Well-I am no expert as I keep telling you, but in looking at Krause pics, the one quarter yang is identical to the 1901 not the 1898. Perhaps this is where the confusion comes in. >>

I'm guessing part of the confusion is that that particular type (KM1117) was only issued in one year in the 20th century and Krause chose to use a 19th century dated piece to illustrate the type (obviously, they don't provide pictures of every date of every type). The fact that it's shown in the 20th century catalog is not evidence that the coin pictured was made in the 20th century. As an example- also in the 20th century Krause catalog, the coin used to illustrate the US Barber quarter design is dated 1893.

ormandh

Which characters are you looking at to determine the date of the 1/4 yang, the front characters or the characters on the back? The year # on your coin is 2 not 5. The characters at the top on the obverse(4 characters) is where you will find the year. The one that looks similar to this (=).

sumnom

<< <i>

<< <i>Well-I am no expert as I keep telling you, but in looking at Krause pics, the one quarter yang is identical to the 1901 not the 1898. Perhaps this is where the confusion comes in. >>

I'm guessing part of the confusion is that that particular type (KM1117) was only issued in one year in the 20th century and Krause chose to use a 19th century dated piece to illustrate the type (obviously, they don't provide pictures of every date of every type). The fact that it's shown in the 20th century catalog is not evidence that the coin pictured was made in the 20th century. As an example- also in the 20th century Krause catalog, the coin used to illustrate the US Barber quarter design is dated 1893. >>



Ah, a good point. Maybe this is indeed the issue.

spoon

That's probably exactly it

Yours:


The plate taken from the 20th century Krause, 2009, clearly showing a year 2 coin for the listing of year 5.


And just to help, here's the East Asian numerals guide from the front.


There's also a handy breakdown of how to read the characters a page or so before that coin is listed in the Korea section.

That example makes it look like it says "Chon 3" instead of "ill" Korean market-speak (Chinese) for "one"... il, ee, sam, sa, oh....

I'm starting to like the digital Krause

sumnom

I think we can declare this mystery solved!


Maybe Krause should do something about this. It's certainly misleading.

olmanjon

OK-mea culpa--I made the mistake of going by Krause's picture. They were calling it the 1901. Yes Krause should do something about this because oviously this leads to much confusion. I thought it was the 1901 so I labled my 2 x 2 as 1901. The dealer saw the coin, not just a photo and said that he had to look at his books but thought that he would offer about $200 if I was interested in selling. I am glad that this mystery is solved now. Even though there are some unscrupalus dealers out there. there are also many honest ones too. I will see this dealer next month and show him the difference. If he still wants to offer big bucks, so be it. Thanks for all the info guys in solving this puzzle. By the way, Smitty(an honest dealer) has just informed me that the Monoco coin would have "essais" in tiny letters on the back of the coin, so that is a non winner also. Thanks again ,
Olmanjon