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3 Tips On Buying Your Favorite Chibi Coins

by Kevin Bellah

Chibi coins are becoming one of the most popular collectibles in the world today. It can be fun collecting and displaying them on your shelves at home or in your office. If you’re interested in buying some, here’s an article to help you get started.

How To Buy Chibi Coins

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Source: New Zealand Mint | Buy world first Chibi® Coin Collection

When it comes to collectibles, Chibi coins can make a great addition. First released in 2020, they come in various famous pop culture characters. They can be perfect for collectors who want to add something unique and rare to their coin collection. 

In comparison to other coins, Chibi coins have distinct specifications. They weigh one troy ounce of 99.9% silver with a mintage of 2,000 pieces. Instead of the usual circular shape, they’re shaped in the outline of a specific cartoon-like character. On the other side of the coin, you can find Ian Rank Broadley’s effigy of Queen Elizabeth II with surrounding inscriptions, marking them as Niue issue.

  1. Know What You Buy

There are different reasons why people buy Chibi coins.  Some want to buy them as an investment, while others simply like to collect them as a hobby. If you’re buying it as an investment, it’s essential to do your research before deciding which Chibi coin to buy. 

Depending on the design and the character, some coins appreciate in value more than others. Some Chibi coin designs are immediately snatched up by eager collectors, especially if these are characters from a newly released movie or a popular television series. 

If you’re unfamiliar with the character on the coin, it may be helpful to read up on its backstory or origin. This will give you insight into what it represents and also help you understand why that particular coin design is worth more than others. 

Furthermore, you need to remember that Chibi coins are issued in limited quantity. This means you could miss out on your preferred design once supplies have run out. If that’s the case, you may have to buy it at a higher cost from a collector.

  1. Research The Vendor

Another important tip when buying Chibi coins is to research the seller carefully. Some vendors may offer them at a lower price but provide less variety in terms of design, or worse, counterfeits. Thus, before purchasing any item, read customer reviews and feedback about the seller. 

Furthermore, avoid buying directly from an exchange or a suspicious website. These transactions can be anonymous, which opens you up to fraud. They may also charge additional fees. 

It’s highly advisable to look for authorized dealers on the internet. You want to ensure that you get genuine Chibi coins from a reputable seller. 

  1. Check For Authenticity

As a wider selection of Chibi coins becomes available on the market, you’re probably concerned that you might unknowingly purchase a counterfeit. To prevent that from happening, you need to be able to distinguish an authentic Chibi coin from a fake. Here are the things you need to examine closely:

  • Imperfections

Check for any imperfections in the design or craftsmanship of the item. The design on a fake Chibi coin typically looks asymmetrical. The effigy of Queen Elizabeth II may appear blurry. The engraving is poorly done, and text errors can be seen as well. Seams on the edges of the coin are also considered a red flag.

  • Weight And Dimensions

Check the coin’s weight and dimensions. Counterfeit goods have a lower density compared to their genuine counterparts.

  • Packaging And Certificate Of Authenticity

Authentic Chibi coins are carefully packaged in a graphic display box and accompanied by a certificate of authenticity. Don’t buy a coin without the distinctive packaging and certificate, as it’s most likely a fake.   

  • Mintage Number

Examine the number on the packaging. Chibi coins are labeled with their specific number in the mintage. If the number indicated is higher than 2,000, chances are it’s not an authentic product. 

In Summary

When it comes to purchasing Chibi coins, there are a few crucial things you should remember. First, know everything you can about this type of collectibles, such as mintage, craftsmanship, and proof polish. Second, buy only from reputable sellers. Finally, examine the coin closely to check if it’s authentic. 

Whether you collect coins as a hobby, an investment, or both, you should be able to distinguish a genuine coin from a counterfeit. By following these tips, you’ll be able to add your favorite Chibi coins to your collection.

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