Quote: "Shrawan118"Yes it is for sure silver and weight 26.3 gm approx as my dad is silversmiths he collects them.
Just because the coin contains silver does not make it authentic. In these coins, part of the authentication process includes the percentage of silver. A density test is quite necessary for true authentication. I once owned 2 of these coins(fakes), I think my daughter may still have them now. They had silver content as the time period in which these fakes were made one could still get silver very cheaply. I got them for free from an ex father in law who was Chinese. He suspected they were fake after an incident happened where he was trying to sell 2 coins that were probably real and were out of his sight for about 24 hours. The coins I once had are what he got in return. Unfortunate for him. Provenance is a very good thing to find out with these coins as it can lead to clues of their authenticity.
With all that being said, if real and depending on condition I have seen values of US$300-400. I have not actually seen realized prices of real coins. With these coins values tend to be different for the reason of why the collector wants it. I think that they also are much more valuable within mainland China than outside. Valuation has many variables with this coin if indeed it is real. I also know that within China some of the early fakes that were done well can sell close to the value of real coins.
A lot of research needs to be done to really get a good handle on the value of individual coins.
