I know Chinese Dollars are hot...but this HOT!!???

Comments

• JCMhouston Posts: 5,306 ✭✭✭

  November 10, 2010 1:00PM

  There are a lot of Chinese, and many becoming middle class. I think over the next few years Chinese material will continue to move up. But that's just my guess.

  JCM-Houston
  World Collection
  British Collection
  German States Collection

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• OnlyBuffalos Posts: 817

  November 10, 2010 2:53PM

  The dollar coins of China have seen increased prices especially over the past five years. eBay sales of nice examples have lessened. Prices in the USA are still usually less than in China but the gap is closing.
  
  A 1920 $1 Y-329.6 PCGS MS64 sold recently for $1,125 on eBay. A similar coin sold on eBay for $400 in 2007. Such results are typical presently.
  
  The dollar coins of the provinces are very difficult to find for sale.
  
  Some dates of the smaller denominations of the provinces are extremely difficult to locate in problem-free condition and likely were not saved anywhere near the number of dollar coins saved.
  
  While the popularity of Chinese coin certification is relatively low compared to the USA, a study of the PCGS and NGC population reports provides an indication of the relative scarcity of the coins.
  
  The difference in prices realized between certified and non-certified coins has grown significantly.
  
  The falling USA dollar has made the price appreciation seem larger than it is when compared to the price appreciation using China's currency.
  
  A very large majority of the older coins have been cleaned.
  
  An informative site for Chinese dollars: http://www.dragon-dollar.info/

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• mrearlygold Posts: 17,858 ✭✭✭

  November 11, 2010 2:32AM

  I sold my 3 auto dollars to another dealer a few weeks ago. For a year there was nothing then wham, gone.

  Coin's for sale/trade.
  
  
  Tom Pilitowski
  US Rare Coin Investments
  800-624-1870

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