Check the spot price for 1 oz gold on Feb 21 an it was about half of that.
(more than it is now!) One tael is a little more than one ounce. I know, I
shouldn't be waving it around! But, I did it on purpose for dramatic effect
in this video. I wouldn't dream of doing this in a place like the USA! It
isn now in a safe place.. :) Thank you for your comment and for caring! ^ ^
@MrMilanoLau Thanks Milano...and at Lee Cheong Gold and Silver
Dealers...each tael is hand poured so each one is slightly different. They
have 'given' me a little bit extra with no charge when it is a tad over the
mark. That is very cool!
My Chinese Drum Type Silver Sycee Ingot Collection
Here is my collection of antique Chinese drum shaped silver sycee ingots from the mid to late 19th century. They are mostly 10 tael (12 Troy oz.) in weight but I ...
You are right. Chinese buyers like those sycees and the price will be even
higher in future. But how high is high enough? It is very hard to tell. The
smaller ones are cheaper based on their weight. So they are more affordable
and the demand is higher. It makes the smaller ones have a higher premium.
The marks on the sycees are also important. It is always a pleasure to
watch your collection.
I know they are expensive now. Just hope I bought more. It is hard for me
to offer a price for sycee. Actually I have no idea about the price. I
think it should be around 3 time of silver bullion. It is nice to watch
your collection.
3 x spot traditionally yes but with the Chinese buyers involvement in the
market, it's close to 4 x to 10 x spot. Funny thing is that the smaller and
more elaborate ones are more expensive than the larger, simpler ones.
My sycee and Chinese coins have high Chinese auction value so waiting for
the day they open up and I sell to the Chinese wealthy collectors on some
pieces.
My Collection of Small Chinese Silver Sycee Ingots
Hi YouTube! These are my unmarked, silver sycee ingots. These are what the regular people would have used in their daily lives during the late Qing dynasty in ...
Hi Brian, your offer is probably less than the silver bullion value but the main value is the historic and numismatic. I think I paid about $20-30 a piece for these small ones which are about a tael each (36 grams) about 5-8 years ago. I would have to graciously decline. I think I already traded some of these from the video to another dealer for another coin. Anyways, I wouldn't trade or sell the small ones for less than USD$150 each as the China market is strong. You should check out EBay when these sell to get an idea. Plus, we have lots of Chinese collectors in Vancouver who pay top dollar and some who resell in China. Thanks. CP
Hong Kong Silver Coins Lee Cheong Gold Dealers 1 Tael (1.2 Oz) Silver Bar
Hong Kong Silver Coins www.hongkongsilvercoins.com Hong Kong Silver Coins Lee Cheong Gold Dealers 1 Tael (1.2 Oz) Silver Bar.