Best process for a rare coin 0

[Floyd Young]

Hello, I came across a rare coin in my collection that a similar one just sold at auction for a high record amount. I haven’t had it graded and am not sure how to submit for value of the coin. Is it better to take it to an authorized NGC dealer and have it handled that way or submit online? Need all the advice I can get on this as I am lost.

Thanks in advance.. 

[Just Bob]

If I were in your shoes, before I spent the money for membership, grading fees, shipping and insurance, etc., I would take it to a knowledgeable dealer, or even several dealers, and get a professional opinion.

[Mohawk]

On 1/5/2022 at 10:34 AM, Just Bob said:

If I were in your shoes, before I spent the money for membership, grading fees, shipping and insurance, etc., I would take it to a knowledgeable dealer, or even several dealers, and get a professional opinion.

Hello and Welcome, Floyd!

Bob has given you some very good advice.  I'd get the opinion of at least one professional dealer before spending the money of joining NGC and submitting the coin in queston.

Good Luck 

[Morpheus1967]

You can even post pictures of the coin on this site before taking it to a dealer.  Tons of talented and knowledgeable folks on this site who are willing to give their opinions and share their expertise.  

[Floyd Young]

Thank you all for your suggestions, I am attaching three pictures, I know it’s a 1928 Chinese coin with I believe with Zhang Zuolin on it… any help or suggestions is welcomed.

[RWB]

On 1/6/2022 at 12:34 PM, Floyd Young said:

Thank you all for your suggestions, I am attaching three pictures, I know it’s a 1928 Chinese coin with I believe with Zhang Zuolin on it… any help or suggestions is welcomed.

No photos visible.

Open a reply window (bottom left). Drag the image file from your computer to the window. It will be visible to all once you hit the green "Submit Reply" button (lower right).

[Floyd Young]

Try number 2, here are the photos.. I know it’s a 1928 Chinese coin with I believe with Zhang Zuolin on it.

[JKK]

Might want to run a magnet near it. That's in the category of frequently counterfeited. A non-attraction doesn't prove it's authentic, but attraction would definitely prove it's fake. I had a whole stack jump six inches in the air and hit my rare earth stud finder, felt like catching a baseball barehanded.

[Fenntucky Mike]

Looks to be a replica/copy. Seems very mushy and lacking detail. 

[Morpheus1967]

Here is  the one on numista.com.  See how on the left flag at the bottom, the flag extends quite a bit past the pole.  Yours does not extend nearly as far:

 

[RWB]

"L&M-871; K-688; KM-Pn90; WS-0111; Wenchao-pg. 558#901 (rarity three stars); Shanghai Museum-Mr. Shi Jiagan's Collection-pg. 124#585. The second finest certified on the PCGS population report, only just one finer by a mere half grade point (PCGS SP 64+). Obverse: Facing bust of Governor Chang Tso-lin in civilian dress, "Memorial coin of the Commander-in-Chief" in Chinese characters above; Reverse: Two crossed flags (the Five-Colored Flag of the Republic of China and the Iron Blood Eighteen star flag of the Wuchang Uprising); Chinese legend "17th Year of the Republic of China" above and "ONE DOLLAR" below." From Stack's-Bowers lot description and photos.

Your "coin" is one of thousands of counterfeits. A genuine example, which sold for over $2 million, is shown below.

 

[RWB]

Also, see the same pattern piece as certified by NGC and sold for $2.16 million on the NGC home page.

[Mohawk]

Yep. I hate to say it, Floyd, but you definitely have a fake.  There are many, many fakes of this issue floating around out there.

[GoldFinger1969]

In the future, if you have any coins, handle them with gloved hands and put them in protective sleeves or holders.

[GoldFinger1969]

On 1/5/2022 at 10:28 AM, Floyd Young said:

Hello, I came across a rare coin in my collection.....

What's the rest of your collection ?