A week ago, when looking in a box of coins that we got some 30 years ago from my wife's father on his house move, we've found a Chinese Kwang tung 2 Mace 7 Candereens.
We are NOT collectors, and so need decent advice as to if/how we could sell this coin.
I have emailed Heritage auctions to ask if they would like to sell it.
We are in the UK.
I've done a lot of research in the last week, as you can imagine with the highest sale for this coin being being $500,000!
The coin we have looks very genuine, and I can't imagine how a fake could have been procured by the person who had the box of coins.
We have evidence of two possible sources:
1/ photographic evidence of family visiting Nanking (hear shaghai) in 1938.
2/ Ancestry evidence of an engineer in the family who lived within 0.4 miles of the Heaton mint.
Since I can't post high res images here, I've prepare a website highlighting my research on this coin.
What I need to know:
1/ what is the chance that it is fake?
Considering this box has not been opened in >30 years.
It has no magnetism. Most/all of the fakes have the incorrect reverse?
2/ Grading? I've included high resolution images from two angles under LED light, and 2 images under natural night. Where are the problem areas? What would they likely take into account? I'm thinking MS60+; how high might we expect?
3/ is the Die error important or not?
We're currently thinking it could fetch anywhere between $1000 and $50,000.
So, if you think you can help, visit
https://btsimonh.github.io/KwangTungDollar/ and please provide your thoughtful advice in response here.
We're looking for advice in terms of:
1/ dealing with possible auction houses
2/ understanding the grading we may be given
3/ ways of maximising the sale price?
thankyou all in advance for anything you can offer.
Posted 01/12/2025 1:32 pm
