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Fake Coins and Rare Coins

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Postby Rascal » 02 Jul 2004, 10:31

The bi-color $50 coins are not valid anymore????

I am afraid not:

Composition: Ring: Cupro-Nickel
Core: Aluminium-Bronze
Diameter: 28mm
Weight: 10g
Date of Issue: 1 February 1996
Obverse: The Presidential Office
Reverse: Orchid
The coin will remain in circulation until 30 June 2004. All branches of the Bank of Taiwan redeem the NT$50 coin after 30 June 2004.

http://www.cbc.gov.tw/EngHome/eissue/Coins.asp

@Kahna, seems you can still exchange them at the Bank of Taiwan.
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Postby Kahna » 02 Jul 2004, 10:47

Cheers, thanks Rascal. I'll have to jingle and jangle my way past them on the way to work today, then!

I checked that site, took a look at the different coins and notes etc. Didn't see the 10NT$ coins I was talking about earlier.

I have a bizarre looking 50NT$ piece of paper (really don't know if it's a note, or legal tender, gift voucher) that was a prize in a bag of Doritos during a recent promotion. It has a kind of plastic laminate on it, and a window too. Anyone else got one? Wasn't on the site either.
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Postby Rascal » 02 Jul 2004, 11:54

It has a kind of plastic laminate on it, and a window too. Anyone else got one?

I have a special note from the 50 years Taiwan anniversary which looks as the one you describe - it's a collector's item (given out in 1997 I think). Not sure if it can be used as legal currency.

And I am not sure why they would put it into a bag of Doritos now - perhaps it's just a voucher (my colleague has some vouchers or whatever of other notes that look very similar to the real thing).
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Postby sticks of fury » 02 Jul 2004, 11:59

While on the subject of rare coins...anyone know of a place that sells rare coins and such as their main business.
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Postby wolf_reinhold » 02 Jul 2004, 13:53

Something about a green $200NT dollar bill just looks fake to me!

A lot of people avoid that bill because it is the only one with a picture of the dictator Chiang Kai-shek on it.

There are a couple of old coin and stamp shops near the main post office. Hard to locate, they are on a little motorcycle lane just west of the post office's Po-ai Road entrance. If you stood at that entrance and looked right you'd see the old city gate. If you made a triangle with the last point to your left, that's about where they are.

I have two "yi jao," one is year 44 (1955) and one is year 65 (1976). They have different designs.
I also found in pocket change two commemorative NT$10 coins. One for the 90th year of the ROC with the good doctor on it and the other for "Guangfu" (retrocession) in 1995. Did someone spend the special commemorative sets?

I used to work in a pizza joint where old people would sometimes come in and spend silver certificates, indian-head pennies and the like. Some appeared not to know what they had and others had a sly, "Better keep that out of the till, son" smirk.
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Postby Chris » 02 Jul 2004, 14:56

Shin-Gua wrote:I have some 1/10 (10 cent) NT coins. Smaller than a dime. How many of you have seen one of those?


My mother-in-law had a can filled with them. Little aluminum coins that felt like they were made of plastic.
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Postby Chris » 02 Jul 2004, 15:00

Rascal wrote:
The bi-color $50 coins are not valid anymore????

I am afraid not:

Composition: Ring: Cupro-Nickel
Core: Aluminium-Bronze
Diameter: 28mm
Weight: 10g
Date of Issue: 1 February 1996
Obverse: The Presidential Office
Reverse: Orchid
The coin will remain in circulation until 30 June 2004. All branches of the Bank of Taiwan redeem the NT$50 coin after 30 June 2004.

http://www.cbc.gov.tw/EngHome/eissue/Coins.asp

@Kahna, seems you can still exchange them at the Bank of Taiwan.


That's the third NT$50 coin in the last decade. Can't they make up their minds??
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Postby answerer » 12 Jul 2004, 21:39

Kahna wrote:So if you happen to be a complete moron like myself who doesn't keep up with what's what, new and happening, and you dump all your change into jars to take to the bank at a later stage, you could suddenly find yourself with what used to be 2500NT$, and is now a pile of scrap metal?! Or must they just be taken to the Bank of Taiwan?

Those Chinese coins that look like the 10NT$, do they have a circle in the centre with changing pictures / characters / whatever, similar to the 50NT? Been handed a couple of these, but not by taxi drivers. Into the jars they go...


Yes, the old 50nt coins must be taken to the Bank of Taiwan.

There are some limited edition 10NT coins out there that have the changing characters on the back. Haven't personally received any though...
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Postby maowang » 13 Jul 2004, 02:37

It seems to me, some store lao bans will actually hand off bad or out dated currency on foreigners who may not know any better. I have gotten some old half-NT dollars before passed as 1NT and a few tried to pass old 100NT bills after the expiration date. The number of counterfeit coins I received may be an indication of this theory. I now know how to better identify the bad ones.
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Postby miltownkid » 14 Jul 2004, 18:42

answerer wrote:Yes, the old 50nt coins must be taken to the Bank of Taiwan.

Or used in vending machines that will still take them (ie buying single pass MRT tickets)
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