Chapter 113 Are there also wrong coins?
Although they don’t know much about antiques and don’t know how to read them, at least they have heard that some antique watches are very valuable and have been sold for millions of dollars.
In fact, the most expensive Rolex set a sky-high price of more than 11 million US dollars, and also set a world record for watch auctions at the time. It was a Rolex watch called Paul Newman’s Rolex Daytona.
Eighty to ninety million yuan, it makes my scalp numb just thinking about it.
The original logo used by Rolex was a palm with five fingers outstretched, implying that its products were completely handcrafted. Later, it gradually evolved into the crown that people now know, showing Rolex's imperial aura in the watchmaking industry. Rolex has extremely high investment and collection value.
Its functions include fully automatic, single calendar, double calendar, waterproof, dustproof, etc. The workmanship is constantly improving, especially the dial, handle and strap, and the engraved crown are signs of its high quality. Because famous brand watches use advanced equipment and high-quality materials in manufacturing, they achieve fine processing and high finish. A real Rolex watch is very fine in workmanship and text, and has a perfect feel.
In the international market, the price of an ordinary Rolex watch ranges from US$1,000 to US$15,000. Although it is expensive, people still think it is worth the money. This is not only due to the excellent quality of Rolex, but also because of its unique investment value.
Of course, the one in front of me is not that precious, but it is not simple either.
It is James Bond’s 1972 Rolex Submariner, a watch that was actually worn by Sir Roger Moore when he famously played James Bond in the movie Live and Let Die.
It is said to have sold for $365,000 at a Geneva auction in 2015, even though the watch no longer even tells the time. It is an original design modified specifically for the film and signed on the reverse by Roger Moore.
The watch's bezel was transformed into the circular saw used by James Bond to cut the rope in the movie, while the watch's "magnetic field" was used to unzip Miss Caruso's beautiful dress.
It is without a doubt one of the most popular watches in the world because of the history and fame that comes with the James Bond franchise.
have to! Since Henry and others said so, Lin Yuan did not announce the value of this watch.
He has always believed in making a fortune silently.
The reason for the live broadcast is simply to develop cheats.
Otherwise, who wants to disclose how much money they make? Isn’t that being remembered?
Lin Yuan spread out the handful of coins, took out four coins from it, and said to David and others: "You can each take one of these coins!"
Henry and the others looked at each other, no longer polite, and each took one.
"Brother Lin, what's the meaning of this coin?" Henry looked at the coin. It was a one-dollar coin. He had the impression that he had used it when he was a child!
Is such a coin still valuable?
"It seems to be the same in my house." David couldn't help but said.
Lin Yuan shook his head: "It's different. You might as well take a closer look. This coin came from the wrong coin. You can compare it with the ones you have used before to see what is missing."
It is said that these wrong coins were quickly discovered after they were minted, and then quickly recovered and destroyed, so there are very few in circulation on the market.
Things are rare and valuable!
Naturally, it becomes valuable.
"Wrong currency? Isn't it only banknotes?" The old uncle was stunned.
He had heard of wrong coin collecting.
After multiple rounds of inspections by the printing unit, these incorrect coins were accidentally circulated into the market. The number of these incorrect coins is extremely rare. The main symptoms include inverted characters, inverted patterns, left and right patterns, etc. Due to the scarcity of the number, they have high collection value in the field of collection.
In order to increase the number of wrong coins and increase business, some collection companies spend a lot of money to search for wrong coins in various places. Therefore, the price of wrong coins immediately increases sharply. For collectors, collecting wrong coins is indeed very attractive. On the one hand, it is unique. It is not easy to find a unique banknote of the same denomination among tens of millions of banknotes. It is tantamount to winning millions. Lottery.
The novelty itself makes banknote collectors so happy that they spend a lot of money to collect them, which directly increases the price of wrong coins in the market.
On the other hand, there is rarity. Many people may laugh at the foolishness of exchanging a million for a hundred dollars, but in the collection market, "old rarity" has always been the standard judgment of the value of a collection.
"Not necessarily! Coins, like paper money, can sometimes make mistakes, but you can't say it is fake. Then, it is a wrong coin." Lin Yuan said to his uncle.
Not just coins, wrong coins existed in ancient times.
For example, the copper coins of the Qing Dynasty were produced by the Ministry of Household Affairs in the Xuantong year and were made with twenty-edged errors.
The "Qing Dynasty Copper Coin" is cast in the bead circle on the front of the coin, with "Chuan" in the center. It can be seen that this coin is the currency designated by the Ministry of Household Affairs for circulation in SC Province.
The outer top of the bead circle is engraved with Manchu characters. Next to the Manchu characters is "Bingwu". The two characters "Hubu" are cast on the left and right sides. The bottom ring is "Twenty coins for making money". The font is dignified and beautiful, upright and horizontal. The strokes are strong and powerful. It has calligraphy value.
On the back of the coin, there is a dragon and auspicious cloud pattern inside the bead circle, and the upper ring outside the bead circle is "Made in Xuantong Year", and the rest are in English.
Under normal circumstances, the corresponding year number of the Qing Dynasty copper coin made in the Xuantong year should be "Jiyou", but the year number on the front of this copper coin is "Bingwu". The year number is inconsistent, so it is a wrong version of the coin.
The occurrence of wrong edition coins is caused by a moment of negligence when making coins. This situation is very rare, so the number of wrong editions is very small. After more than a hundred years of endless baptism of history, it is even more rare and rare to be able to survive intact to this day. Its existence is extremely valuable.
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All right! When the old uncle heard this, he stopped talking.
Paul asked questions that concerned everyone.
"Lin, how much is this coin worth?"
Before Lin Yuan spoke, Henry found the market value of the wrong coin on his mobile phone.
"Almost twenty thousand dollars. Look, it's really the wrong coin." Henry took out his phone and showed everyone the information on it.
Only then did David and the others discover that the coin had two letters less than the normal one.
Seeing this, they carefully wiped the dust off the surface of the coin and then treasured it.
Old uncle: "Which ones are all wrong coins?"
Lin Yuan shook his head, picked out a special one from it, and said: "This one is more precious, the others are ordinary goods, normal coins, worthless."
The old uncle took the coin and looked at it: "I haven't seen it before."
Henry and others also came over, took a look, and shook their heads: "I haven't seen it before, very early, right? One cent."
What else can you buy for one cent now? I can’t buy anything anymore! In recent years, prices have skyrocketed, and many people have been complaining.
(End of chapter)