READ THIS! The Next Generation Of Chinese Counterfeits Have Arrived

Discussion in 'US Coins Forum' started by LostDutchman, Apr 25, 2015.

  1. spock1k

    spock1k King of Hearts

    my dear friend a lot of coins sold outside US are sold raw not in slabs.
     
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  3. Kylie minogue'fan

    Kylie minogue'fan New Member

    Thanks for letting us know.we wil extra careful.u are kind.thanks again
     
  4. Maintain

    Maintain Active Member

    Loose Lips Sink Ships.
     
  5. swamp yankee

    swamp yankee Well-Known Member

    The whole world's full of fake money and there will always be someone cranking it out somewhere.Learn the "diagnostics" to tell which is the bogus and which is real and good luck.....
     
  6. Captain Jack

    Captain Jack New Member

    As an interesting note, I work at a restaurant and found a counterfeit lead quarter in my till... I swapped it out and took it home :) But I don't know where it's at now :(
     
  7. gxseries

    gxseries Coin Collector

    I think you are missing the point. If a customer is paying good money to authenticate his / her coins and TPGs can't tell the difference, it's a one way road to ruin credibility and reputation.

    I believe the time to value experts have become more important than ever before. If one has inadequate experience in telling the differences, seek and pay up for the experts advice. Not popular advice but would you want to waste few hundred to thousands of dollars only to find out years later that you have a bunch lot of counterfeits? This in particular applies to people who flip coins for a living.
     
  8. GSDykes

    GSDykes Well-Known Member

    Again and old posting is resurrected. I've read this before.
    I just recently acquired a 1950D Jefferson nickel, which is a fine counterfeit. Made via the transfer die process (it was struck). This person has sold these to 93 other customers, and no one detected the counterfeit. Correct weight, correct alloy (a bit too much copper), correct in many ways. Yet, clearly a counterfeit. Be on your toes, if anyone wants, I can post a good image of both sides, and you will see the quality!
    GSDykes
     
  9. spock1k

    spock1k King of Hearts

    We are saying completely different things. The coin market outside of us is a different beast
     
  10. sgt23

    sgt23 Active Member

    I still feel deep down that we will one day fine away to tell the different no matter what the counterfeiters pull off. I believer there is some way to test a coin for age which a counterfeit would not have the same properties. Collecting should never be outlawed in my opinion. Just like I feel its bull crap what archaeologists are trying to do to our hobby.
     
    Last edited: May 24, 2015
  11. spock1k

    spock1k King of Hearts

    Yes dating if it can be managed would be the final frontier but what would the car specimens show up as?

    What are the archs doing?
     
  12. Endeavor

    Endeavor Well-Known Member

    Why would collecting ever be outlawed???
     
  13. sgt23

    sgt23 Active Member

    Well there are a lot of reasons the hobby might be outlawed one day. Counterfeiting being the biggest issue, second archaeologist have been trying for years to get their governments too out law citizens from being able too keep any coin that don't circulate or that more than 100 years old. Cyprus, several middle eastern countries and the Philippines have pretty exceeded. That is just a few that I can thank of at the moment.
     
  14. bear32211

    bear32211 Always Learning

    You can't outlaw a hobby if you can't stop counterfeiting. There is no logic to that statement. Educating the collector and coming up with a fool-proof way of detecting new counterfeits will help preserve what many hold dear to their hearts. Show me the perfect counterfeit. The defect will always occur in whatever they make because the professional will see it.
     
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  15. 712

    712 Constatutionalist, U.S.N. Viet Nam vet 66'

    I have a lot of Washington quarters, I've studied the ones I have and when I saw this coin I could tell right away it was fake. The Chinese are smart but they sure are sloppy counterfeiters. Whenever they try to reproduce coins, pottery or whatever, they do it in a way that's easy to tell their counterfeits from a real one. You just have to look closely and ask yourself. Does this coin make any sense?
     
    Last edited: May 24, 2015
    bear32211 likes this.
  16. bear32211

    bear32211 Always Learning

    Yes I spotted a big miss on the reverse, just takes a nice loop and s little time.
     
  17. sgt23

    sgt23 Active Member

    You would be surprised what a government might do too not have too spend money.
     
  18. sgt23

    sgt23 Active Member

    I've heard a few dealers and collectors say the better counterfeits are coming out of Bulgaria.
     
  19. Derry

    Derry Member

    What's the plural form of feet?;)
     
  20. Derry

    Derry Member

    What's your native language?
     
  21. OldGoldGuy

    OldGoldGuy Members Only Jacket

    After re-reading that, I believe I missed a comma. Kinda like the old grammar lesson:

    1) Let's eat Gramma!
    2) Let's eat, Gramma!

    One ends with cannibals.

    I believe mine should have read: You have found the plural form of foot, multiple feet, to forcibly insert into thy mouth.
     
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