made in china i love new york. i love made in china. it is cheap. save me a lot. most made in china products owners were american. if not, american investors. p.s. except fake coins.
Great move Islandia! It's one thing to put a COPY COIN (1916 D) in your own personal collection to fill the gap until you get a real one, and it's another to sell coins that have been made to purposely defraud. These counterfeiters must be caught, exposed and brought to US justice. Bruce
And how do you propose to get them over here from China so they can be brought to US justice? And of course US justice would be to turn them lose because they haven't committed any crime in a US jurisdiction. Nail the people here buying and importing them. Dry up the demand and you dry up the supply.
There is another problem that many are not yet aware of. That is the counterfeiting of the coins and the slabs. So just because a coin is in a PCGS slab it may now be a fake as well as the coin. The real problem here is how many collectors do not take the coins out of the slab so they may never know if real or not. Naturally the number on the more popular TPG's can be verified but if you check on a number and it turns out to be maybe real, you might be shocked to know that hundreds of other people have that same coin in the same slab with the same number. For all anyone will know soon is the coins in the slabs could be made of Lead with a gloss. Slight exageration but just how would you know? I've seen some at coin shows and you just could not tell. Then to make matters worse there is a growing hobby of collecting counterfeits. This only acts to enourage those that make them.
It is curious to come upon this discussion, I was in China about 1.5 years ago and saw some of the fakes for sale in Guangzhou, while I could sit and drive hard bargains on stuff like gold, old paper money, ancient Chinese coins, I could not drive down prices on the fakes! They always seem to want 30 Yuan on up for them, I could never get them to come down to 10 Yuan or so which is what they are worth to me. Buying real numismatic material in China is actually kind of fun for me, I like to haggle on prices(perhaps it is in the blood?) and they expect you to haggle, but I guess they expect most Westerners to cave at some point and go for their price. I just walked away, so they would chase after me and come down to my price. Boy if only you could do that on the bourse floor in Long Beach.