China uncovered a counter-fitting making coins from chain large cents, to gold coins here are pictures.There are even proof dies and fake slabs.All coins in the pictures are fake.
Ancient news. There are threads here linking to a news video about this with the same images. Sorry, but it's been known. Scary, true, but old news... Joe
Unfortunately, as fast as these places are being shut down, new ones are popping up in other places. My dislike for China grows with every story.
Yep! Super bad stuff. While these images are widely distributed and known about, it sure is still a good to remind everyone now and then. It's even better to post your source when borrowing pics and quotes from other sites: from About.com Inside a Chinese Coin Counterfeiting Ring Photos of Counterfeit Coin Dies, Minting Machinery, and Fake Coins The Coin Talk Rules: #5 – Copyright violations, defines some of the etiquette we all need to try to follow in this regard. :thumb:
i would still buy from China if given the chance, but I will only buy from Chinese banks selling commemorative coins and nowhere else.
Interesting how in the pictures of fake slabs they are all "Cleaned". Yet another reason to not but weird slabs.
There are also counterfeit PCGS slabs. http://coins.about.com/od/coingrading/ig/Fake-PCGS-Slab-Diagnostics/
i knew about this, but never seen the pictures. just crazy, is all i can say! thanks for posting these...
There have been many articles published about the mint in Shanghi that specializes in fake US coins and grading Slabs, even an on-line tour. It is legal in China for them to make replicas of other people's currency and they believe they are offering a service to collectors who cannot afford genuine coins. LOL Caveat emptor.
It's not just Chinese coins that are being counterfeited. Any coin worth more than a few cents is fair game for the Chinese (and, for that matter, Bulgarian and other) factories; and Chinese counterfeits are being sold everywhere, including Canada and the US..
