A 1878-CC $1 PCGS /CAC Morgan for only $49 dorrahs and 99 sants!

Short of a full-out nuclear war, as has been seriously suggested here, there is nothing we can do but educate ourselves and others to know what's real and what's fake.

 

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Here's another on they're selling: http://www.aliexpress.com/fm-store/110457/211527910-553322821/100-Genuine-1883-CC-5-Liberty-Head-GOLD-Half-Eagle-PCGS-XF45-Authentic-U-S-RARE.html

An incredible bargain - and actually made of genuine "metal!"

 

"Genuine", "Authentic". Scary words in an advertisement.

 

Detecto expounding his anti-Chinese agenda again. I don't have a problem with the Chinese making a few bucks; I mean, that's capitalism at its finest, yes?

 

No you know that is a fake eagle as there is no way it would sell for $57.01 if it were real.

 

I don't care if china suddenly had all wealth of the entire world.

They are making money by making fake coins, which is slowly saturating the market.

Besides coins... I also buy and resell silver and gold jewelry.

5 years ago, never ran across fake sterling silver. Now a lot of it coming from china is being faked. I've bought close to a troy ounce of fake silver this year alone. All from china. Now I have to magnet test each piece.

Something will be done, soon hopefully. In the mean time I guess we just watch our hobby get ruined by China.

 

I wouldn't hold your breath on waiting for anything being done soon.

 

What do you mean ruined? Don't you realize they only sell replicas "to make your collection more perfect"? I believe they are helping our hobby, not hurting it. How else could I afford to buy every key and semi-key coin (or complete sets in a replica Dansco), or a nice Rolex, or fancy "gold" jewelry? My social security check can now buy untold treasures that previously I've only dreamed about. Bless 'em, I say.

 

This is either sarcasm, or sheer stupidity. My dime goes toward the latter.

 

I think you should call Obama and make him dispatch the 7th fleet and the 9th Infantry right away.
Those dastardly Chinese are going to take this country over soon if something is not done right now.

 

Where are you shopping???

As for fake jewelry, there are a lot of old fakes out there. Thirty years ago, I would find rusty gold chains marked 18K. "STERLING" or "925" was stamped on plated rings and bracelets. This is nothing new.

The problem isn't the country that's producing them, it's the profiteers that buy from them and sell them to unsuspecting collectors. If there was no one buying them for resale, then there would be no market for them. And who's buying them for resale? Your friendly neighbourhood flea-marketer, sellers on ebay and other auction sites (this could be your next door neighbour), and anyone else who wants to make a fast buck. And these sellers are AMERICANS!!! Are you going to take them out, too?

Look at the street sellers flogging fake Rolex's and DVD's and designer clothing and software. These sellers been doing this for decades and they are citizens of your country (it happens here in Canada, too). They prosper because everyone wants a deal. Why pay 5 grand for a watch when you can get one that looks exactly like the real deal for $50 (or less)? The same goes for coins. Why pay $1000 when you can get one that can fool even experts for a tenth of the price? If no one was buying, then there would be no reason to produce them.

When you bought your fakes, did you pay full market price? I'll bet you bought them at a discount because you thought you were getting a really good deal and could make money on the purchase. Preying on the greedy is how a lot of these sellers can move their fake products. A silver round for $10..... sure, I'll buy that. In fact, I'll take all you have (Heh, heh, heh.....he doesn't know it's worth three times that! I'll make a killing!!!"

Kill the market and the wholesale manufacturing will disappear (in theory).

 

If you had done a little education you wouldn't have bought fake anything.

 

Originally Posted by Detecto:

"I've bought close to a troy ounce of fake silver this year alone."

Somehow, I'm not surprised! What does surprise me, though, is that it is not more, although it's early in the year, and he says nothing of prior years.

​

 

Sure there is. There's a real easy solution. The US can legalize the counterfeiting of modern Chinese coins. Then untold numbers of them could be made and sold to the rest of the world for next to nothing. When they see confidence in their currency slipping because of massive amounts of fakes flooding the markets, maybe they'll change their thinking on counterfeiting our money.
Guy

 

Tell me how will we get it into China? Their borders are like vault doors. Every incoming ship, container, truck, car, etc, even email, is searched carefully. If their government doesn't want it there, it can't get in.

 

Back on topic...

I took the liberty of ordering one of these. I have wanted to get an example in my hands to study and document for the purpose of future identification.

I will let you know when I get it.

 

Very Interesting!!

I purchased a single specimen also, as I had acquired single specimens of various date 90% Silver Dollars.

The quality of the unslabbed more expensive 90% Silver Dollars was amazing, and not at all like the inexpensive ferrous Dollars. I suspect there would be few collectors that could determine authenticity.

I suspect that unless the counterfeit coin specimen is removed from the slab, it will be difficult to determine coin authenticity. I suspect that the slab will be the determining factor for validating authenticity.

 

You mean to tell me that Detecto actually posted something worthwhile to someone?

 

I plan on checking things like the weight of the slab with the coin versus other genuine examples... general construction... sealing methods...

 

That wil be quite interesting. Looking foward to the results.