now this is disturbing

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I wouldn't be too terribly worried about this particular seller's coins, I ordered 2 from him for laughs, an 1873-CC Seated Dollar and an 1891 Double Eagle.

The Double Eagle is a joke, about 1/3 the weiht of an original, about 50-60% the thickness of an original, and some crude work on the reverse near the rim. It won't fool anyone.

The Dollar is better, but the reeding is a joke, it's a bit light, the surface appears cast, and the relief is way too low.

I brought them to the Parsippany, NJ coin show today, the consensus was that it's worrying, but that these coins are too crude to be dangerous, for now.

 

Sure we can!

For starters, we have his eBay ID. Make enough complaints, eBay either has to shut his account down, or tell him to follow the rules and then shut his account down if he doesn't comply.

Secondly, the fact that it is blatantly listed in the article that many Chinese Sellers are actively violating FVF would perk-up eBay ears. Think about it, if you were eBay, and you find out a part of your site is leaking profits faster than a broken Dike in Holland, wouldn't you want to take some action to at least curb the loophole abit till you can make the major repairs on the site (i.e. cook up some postage calculator for China, bot that redflags suspiciously high S&H auctions, etc.)? I find it headshaking that Wikipedia has hundreds of bots that can identify vandalism, illegal images, and reformat tags embedded in articles, yet eBay has no system setup to even "adequately" report such auctions like this!!

Thirdly, if eBay doesn't want to act, then get the Feds and Media involved. While eBay can claim their only a "Venue", they can't escape Federal Law or public scrutiny. Get some Attorney General wanting publicity with a copy of the Hobby Protection Act, or some Talk Show Host about a "
sensationalist" story about fakes on eBay, and eBay will cave into public outcry.

 

Well, I guess that if the fakes become indistinguishable from the genuine coins, the problem is solved. If you can't tell, the problem becomes moot.

 

Hi ya, ok...am wanting to know which book to buy that will best identify the coin ( world ) with size, weight, and how thick the coin should be. I recently bought a small bag of word coins in it and now I need to determine if they are fake or not. If I figure out how to post a picture I will, hopefully soon. Thank you, Eric N.

 

an original old rare silver coin cost you a lot. maybe 99.9% of the collectors can not afford it. a copy or replica cost you $0.33 - $0.50 each. why not?. it is fun to own them. it is fun to play with it. like playing poker for fun. you need chips. why not use this replica coins as chips.

 

what you are saying is recognize which fruit is rotten and dont eat it. i am asking how can we get rid of the tree?

 

It's fine... as long as they are clearly marked as replicas.

Anything else is a clear attempt to defraud. That's "why not".

 

now those new millions of fake coins are gradually punch with replica or copy. well, before those coins without marking. will it become rare?. and the price might increase too. ha ha ha.

p.s. why people have to buy it at a high price?. or they just try to make a fortune on other fellowmen. it is easy to recognize fake. isn't it.

 

1) As Doug said, individuals need to be more knowledgable.

2) The US Department of Commerce needs to beat down.

3) The Department of the Treasury Secret Service needs to beat down on these counterfeits. Felony offense to sell 'em or import 'em. Beat down.

4) If necessary, the Department of State should beat down.

5) Force them to watch Papillon, to see what happened to Dustin Hoffman (counterfeiter).

Interesting... in China, you can go to jail for prayer. But counterfeiting is OK.

 

and who do we beat down? how do we even get there to begin with?

 

to prevent any coin from being fake. buy directly from the u.s. mint. it's genuine, it's u.s.a. made. it's brilliant unc or proof, it's certified, what more you want.

 

No, it's not anymore. You're making quite a few claims for having such limited knowledge on the subject.

The problem is these places making all these good fakes, with the exact metal content to the exact specs of originals and then putting a copy or replica stamp on a few, as a front so they can stay in business. The rest get dumped into our circulation and sold by dealers and individuals as real ones because nobody knows any better. Now you have to question the authenticity of everything down to a simple Barber dime. I also question how many pass as genuine at the TPG's now.

Surely no better way to ruin the entire hobby than this. You can count on most people not being highly educated, but they will be smart enough to know that eventually the market will be flooded with counterfeits, if it isn't already. People will pay less and less, with the threat of average, two dollar coins being counterfeits.

 

so that's mean the next step they gonna made will be the mint's current products. i hope not.

 

Tis death to counterfeit

Tis death to counterfeit.

I wonder if this lad from China will be vacationing in Hawaii or some US territory. Do you think he carries samples of his work with him?

Very best regards,
collect89

 

Exactly. GDJMSP is advocating using a rake. I'm advocating using a Chainsaw and Pesticides. Which do you think works in the long run?

 

I see nothing wrong with this.

 

We just received this message from the ANA:


December 8, 2008

Protect yourself from the dangers of counterfeit material​

Dear ANA member,
New counterfeit operations have sprung up across the world, particularly in China, where relaxed laws protect these operations from liability. The counterfeiters use clever production methods and cutting-edge die-making technology, creating forgeries that are difficult for most collectors to detect. A wide variety of counterfeit objects are being produced, including U.S. and world coins, paper money, errors, and even slabs. With the assistance of unprincipled dealers and investors, this new material is flooding the market at an astonishing rate, compromising the investments of collectors and the integrity of honest dealers.
Below are some links that look at counterfeiting in greater detail, including an eye-opening article in Coin World exploring how new counterfeit material is produced and finds its way into the United States market. In addition, the ANA will be developing a comprehensive online resource guide, offering counterfeit detection courses at Summer Seminar and conventions, and creating an exhibit exploring modern counterfeiting.
An educated numismatic community is the best defense against this widespread problem; we encourage everyone who loves the hobby to increase their awareness.
Coin World Article
other links
ANA Consumer Awareness Page
U.S. Mint Consumer Awareness Page
Department of the Treasury, Advanced Counterfeit Deterrence
Compilation of Articles on Counterfeiting (Robert Matthews)

 

Good ol' Jinghuashei is cranking out tons of fake world coins.