I need to check to see if there are any varieties there that I don't already have, but I suspect I already have everything.
N0ZYC
heh, goldfish. I suppose...
badon
I hope so, in any case, because I have no cash right now, haha.
Yes, but they're not just goldfish.
The story behind those is amazing.
The master dies were hand engraved by Yi Shizhong in what looks like a competition with another engraver.
They were originally minted in 1984, but there was an error on the dies, so only a few were minted in 1984, and it appears they were only given out as VIP gifts.
N0ZYC
what error?
badon
Later, the error was fixed, and a few more were made, but since the other engraver beat him to market, he had already lost, so they didn't bother putting them into production until 1990.
N0ZYC
also what's nice about the kirin coin is the reverse is ALSO very attractive. it seems that for most coins, one side is hugely more interesting than the other
badon
Then, in 1990, the world boycotted Chinese coins after the 1989 Tianenman Square incident, and they didn't sell, so most were destroyed or simply not minted.
N0ZYC
wow
badon
Yeah
The way it ended up, the 1990's seem to have a surviving population of around 100 sets.
N0ZYC
talk about bad timing
badon
Even though they have an authorized mintage of 2000.
They actually might be a bit rarer than that, but we won't know for sure until prices go up and more time passes.
The coins that beat the goldfish were the 1984 pagodas, also hand engraved, and also about 100 sets surviving. They sell for around $2500 to $3000. The goldfish will probably sell for under $800.
Maybe as little as $400 to $600.
Anyway, the goldfish are by far the most impressive of all of the hand engraved coins. They were the last ones made, and the world will forever covet them as the pinnacle of coinage art.
N0ZYC
huh
badon
The error was on the dragon eyes die. Yi Shizhong accidentally engraved the leaves of the seaweed and forgot to put the stem in there too, so it's a "broken stem".
Its' a major error.
I have forgotten which one was rarer, but I seem to remember thinking the error is actually the more common one.
But I don't remember if that's for the 1984 or the 1990, or both.
My memory is crap these days.
N0ZYC
I can relate to that
badon
My goal is to assemble a complete set of all dies and all varieties for all of the kinds of goldfish minted. They're my favorites, and they might end up becoming very expensive as "art pricing" starts to gain traction.
I'm hoping the "badon effect" has died-down for them, but I might have to let them go even if they're cheap and I need them to complete my sets. I'm overextended financially already, haha.
Not counting varieties, the key to the 1990 goldfish set is the bubble eyes in 69 grade. Most of them 68 or 67 grades, including the one in the listing I showed you. The dragon eyes isn't shown in the photos, and it appears they ran out of free photos to post.
The goldfish are fairly advanced, but that's what has my attention right now. For investment, for the first time for you, I would probably pick some Nanjing pandas.
N0ZYC
so where did you get 7k for that gold unicorn?
badon
I just tossed that number out. I would have to think a bit more to remember how much I got for it.
I think I sold it to a dealer.
I usually sell to dealers.
N0ZYC
I'd have thought you wouldn't get as much from a dealer
since they are looking to flip it to a better mark to turn a proffit
badon
No, I don't get as much from a dealer, but they always want to talk to me when I when visit them.
They give me better deals because they know I will sell my coins back to them.
It really pays to establish a good relationship with 1 or 2 favorite dealers.
I have 3 favorite dealers at the moment.
UNIQE has quit
g2 has quit
N0ZYC
I could see that
I love ebay.... "recommended for you: $4,299 coin" nope.
nope nope nope
badon
N0ZYC: When I was actively buying, I would buy a loaf of bread instead of going to a restaurant for lunch, just to save money. That same day, I made a $30'000 payment for coins.