Recently they are many restrike coins by western and china private mint by various private individual sponsor (i.e individual chinese in China, LPM in Hong Kong & others).
Would those restrike coins devalue the real coins ?
What is the fair value of the restrike coin? Do they consider numic in value?
One of the first restrike republic coin by LPM has sold at bullion price BUT price spike in secondary market for a while BUT fade out fast. The subsequent restrike coins sell at bullion price.
This the same case for restrike republic coins by private individual in china. It come with all varieties and did not assure the purity and weight of the metals at all. It flood the market. However, as told sell in china does not did well.
Here is one of the restrike of republic coins by private individual in china.
