7/6/07: Adrian's Ancient Chinese Coins

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7/6/07: Adrian's Ancient Chinese Coins

Unread postby James » Thu Jul 05, 2007 3:24 am

<a href="http://search.ebay.com/_W0QQsassZcartersladeQQhtZ-1" target="_blank"><img src="http://kongming.net/i/m/holiday/adrian_coin.gif" alt="Adrian's Ancient Chinese Coins" title="Adrian's Ancient Chinese Coins on Auction!" class="fr szhidden" height="50" width="50" /></a>Adrian, the wonderful forum member and friend who made our <a href="http://kongming.net/novel/coins/">Ancient Chinese Coins</a> section possible and wrote for you <a href="http://kongming.net/novel/coins/collecting/">an excellent guide on buying coins online</a>, has found himself in a financial pinch. Consequently, he is selling some of his own coin collection over eBay. If you would like to own an authentic piece of Chinese history—perhaps even a coin from the Three Kingdoms era—this is your opportunity. Not only will you know your coins are authentic, you will be helping a person who means a great deal to our site and community.

<blockquote><b>Currently Being Sold</b><br /><i>Specific featured coins are no longer being listed, but Adrian continues to list new authentic coins for sale. Please check <a href="http://search.ebay.com/_W0QQsassZcartersladeQQhtZ-1">his eBay store</a> for updates!</i></blockquote>
Adrian wrote the following: “Currently I find that I have an overstock of coins in my collection, and purchased perhaps a few too many coins of certain types and rarities when income for me was high. Now, when income is low, I'm turning around and transforming these extras and rarities back into money again by selling them. My stock will be changing regularly, usually 4 or 5 new coins go up every week or two. All coins were originally purchased from dealers listed on the 'reputable' listing website I included in my write-up on collecting Chinese coins and soon my eBay username will also be added to that website listing. A lifetime guarantee of both authenticity and free from tooling/alteration comes with every coin I sell.”
Last edited by James on Thu Aug 16, 2007 2:44 am, edited 9 times in total.
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Unread postby Liu Yuante » Thu Jul 05, 2007 3:42 am

Thank you James, for the free advertising. It means a lot.

To anyone interested in coins of mine - the current auctions end between 2 pm and 3 pm EST tomorrow, July 5th, which doesn't leave you a lot of time. More coins will go up later, but none of them will be of the same types as these currently up for sale.

Thank you for any support.

Adrian
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Unread postby Foif » Thu Jul 05, 2007 3:47 am

Could you give us like a price range for the Shu-Han ones? In you guide I saw quite a few different prices, so i was just wondering.

Also good job and thanks Liu Yuante. :P
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Unread postby James » Thu Jul 05, 2007 3:54 am

If anyone is interested in one of those coins please help Adrian out!

I will keep details of this update current as long as new information is provided to me. So keep an eye on this thread, or on the Kongming’s Archives home page, for information on any new coins that might be added to the above-mentioned eBay page.

Liu Yuante wrote:Thank you James, for the free advertising. It means a lot.

Any time, Adrian. I only wish I could have listed them sooner. :)
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Unread postby Liu Yuante » Thu Jul 05, 2007 4:40 am

foif wrote:Could you give us like a price range for the Shu-Han ones? In you guide I saw quite a few different prices, so i was just wondering.

Also good job and thanks Liu Yuante. :P


According to Hartill's Cast Chinese Coins, Zhi Bai Wu Zhu of this type are assigned a value of $50 for nice specimens like the one I'm selling now (please note the Zhu character - on the left - is clearer in hand than in the scans). However...

Some things to consider:

- coin condition
- the heavier the better
- patina color and quality matters
- Chinese dealers sell for less than Americans
- personal preference
- the particular dealer
- fixed price or auction

Coins with very interesting or rare patinas (orange, for example, is rare and led to a lighter specimen garnering a $65 final price) or extremely heavy weight (9-10g; a 10.1g example with an acceptable but unspectacular patina sold for $75). those two examples are for Chinese dealers - american dealers would probably charge more. Also, two people who both decide they really want a coin can start a bidding war that raises the price skyward.

All told, I consider the specimen I'm selling to have a very pretty but not unusual patina, and a fairly-heavy weight that is uncommon but not scarce. I have seen probably about 10-15 examples of this coin type of 7g or higher in the past year between eBay and dealer sites. I paid $40 for it from a dealer located in the U.S. From a Chinese dealer it probably would have been $25-$30.

Chinese dealers have lower overhead because they get coins directly from the source. American dealers have to buy from a Chinese dealer first and then "mark up" the prices to make a profit.

Hartill values for the other coins listed:

- Zhu Wu - $10
- Ban Liang - $30
- Da Quan Dang Qian - $100

However, for Zhu Wu a more typical selling price would be $20-$30 in the sales I've observed.

Ban Liang are very much glossed over in Hartill because the early types vary so much. Almost every specimen is unique. Items heavier than 12g (half a liang at the time was equal to about 12g so heavier presumes more inexactly cast, and hence earlier, coins) and larger than 32mm in diameter (diameter also seems to be tied with age, the bigger the older) command a premium. An 8g 29mm Ban Liang might sell for $25, more typically one exceeding one of the two measurements mentioned would sell for at least $45-$50 and exceeding both usually puts it in $65-$90 range in the sales I have observed.

Da Quan Dang Qian usually sell for more like $65-$70 in the sales I have observed.

So there you go. Coins that had varying weights depending on casting tend to have the wider variety in sales price and it is thus ahrd to say what a price range is on these coins.

However, I am very much aware of the competition I face from Chinese dealers who sell legit coins on the cheap, and if you have a look at the current/starting bids on my items and compare with the prices I'm talking about here will see that I'm deliberately undercutting them. There's really no other way to guarantee the coin sells. It costs me money but such is life.

Anyone who bids has my thanks but please no pity/mercy bids; only if you really want or like the coin, please. Thanks,

Adrian
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Unread postby Foif » Thu Jul 05, 2007 5:32 am

Hmm...Wide range. I think ill think about it some more before i do, but it does entice me. But when/if i do, ill go for yours. :wink:
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Unread postby Liu Yuante » Fri Jul 06, 2007 12:28 am

Present auctions have concluded. If anyone is interested in owning 3K or other ancient Chinese coins, you would do well to keep an eye on this thread as a coin I paid $40 for and which Hartill values at $50 went unsold with a starting bid of just $5.99 and the other three coins together sold for the price of just the Ban Liang.

More coins will be coming soon. It may be that more willbe fixed price items rather than auctions. We shall see.

Adrian
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Unread postby James » Fri Jul 06, 2007 4:20 am

A round of fixed prices actually sounds like a good experiment to me.
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Unread postby Liu Yuante » Tue Jul 10, 2007 4:34 pm

Coins That Have Benn Added In The Last Few Days:

- Western Han Wu Zhu w/Four 'Horns' or 'Rays', 水銀古 'Ancient Mercury'-type Patina

- 2 Uncommon Western Han Ban Liang w/Outer Rims, one with impressions of a coin stored with it on the back of the coin, the other with inner rims as well.

- Three Kingdoms/Shu-Han Zhi Bai Wu Zhu, thick type, same one as before, re-listed as a fixed price item

- Three Kingdoms/Shu-Han Zhi Bai Wu Zhu, thin type

- 'Biscuit' Huo Quan of Wang Mang's Xin Dynasty, Heavy (13g), characters are clearer in hand than in the scans.

- Lot of 2 Eastern Zhou Dynasty Cowries, One Bronze, One Stone

- An Eastern Han Wu Zhu Coin With the Character 'Shang' -"higher, above" carved incusely on the reverse

- A Three Kingdoms - Shu-Han Dynasty Zhi Bai Wu Zhu w/Pretty Green Patina And An Unusual Marking On the Reverse

- An Eastern Han Wu Zhu With The Character 'Xiao' - "small, young" Carved Incusely On The Reverse

- A Western Han Dynasty 'Elm Seed' Ban Liang w/Reversed Characters Such That It Reads Liang Ban

- An Eastern Zhou/Warring States 'Ming' Knife of the Angled/"Chime" Shape Variety

- A Large and Early Western Han Ban Liang, Stripped of Patina and Darkened Artificially But Large And With Well-Styled And Prominent Characters

Buy It Now items no longer require immediate payment, meaning you can secure it for yourself, and then pay later that day or the next morning if need be.

The link again for my listing summary is: http://search.ebay.com/_W0QQsassZcartersladeQQhtZ-1

Adrian
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Unread postby Liu Yuante » Mon Jul 16, 2007 12:47 am

Big news! I am now listed on the website listing reputable and non-reputable dealers in ancient Chinese coins, as a reputable collector "selling off extras". The link is http://chinesecoins.lyq.dk/eBaydealers.html and you can see the link to my summary page in the center column. Now you can be even more reassurred when buying coins from me.

A number of my coins have sold, however a large and early Western Han Ban Liang, stripped of patina but given a nice appearance by the use of Deller's Darkener (a non-toxic creme dealers and collectors use to cover up where bare metal shows) is still for sale and at $10 for a 32mm specimen with big, nicely-calligraphed characters is a real bargain.

I also have an 'elm seed' Ban Liang for sale still, with reversed characters, very unusual, and not often seen.

and lastly I still have a 26mm 13g 'Biscuit' Huo Quan of Wang Mang for sale. 13g is more than twice as heavy as a U.S. quarter and due to the hole in the center, Chinese coins are very dense. A real plesing coin with heft to it!

Everything else listed has sold, uncluding the Shu-Han material, Wu Zhus, etc, except for a pair of cowries that I will be relisting after midnight tonight (eBay cutoff for my invoice is the 15th so if I list after the 15th I have an extra month before I have to pay them their fees).

Later tonight I will be putting up for sale a number of items, once the clock rolls over to the 16th.

Adrian
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