Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
An examination of the counterfeit slab epidemic. Scope and advice.
>
Reply to Thread
Message:
<p>[QUOTE="TypeCoin971793, post: 4176320, member: 78244"]<a href="https://iccwbo.org/media-wall/news-speeches/oecd-report-shows-growth-in-counterfeiting-losses-to-global-economy/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://iccwbo.org/media-wall/news-speeches/oecd-report-shows-growth-in-counterfeiting-losses-to-global-economy/" rel="nofollow">https://iccwbo.org/media-wall/news-speeches/oecd-report-shows-growth-in-counterfeiting-losses-to-global-economy/</a></p><p><br /></p><p>The “epidemic” took 5 years to grow 80% to what it is now.</p><p><br /></p><p>2.5% of the goods in worldwide trade are counterfeit. If you want that metric to be used, then there would have to be 1 million to 1.75 million counterfeit slabs (based on 40 million and 70 million genuine slabs, respectively).</p><p><br /></p><p>300000 compromised serial numbers with 5 examples each would fit in this definition. It is not an unreasonable estimate, but without a comprehensive and complete census of all compromised serial numbers, there is no way to tell for sure. That is slightly under 350 counterfeit slabs created around the world per day for 12 years. That’s high, but not unreasonable.</p><p><br /></p><p>For comparison, if PCGS graded 2000000 coins in a year, that’s about 8000 coins per day accounting for weekends and holidays. 365 days a year would net about 5500 coins per day.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4176320, member: 78244"][URL]https://iccwbo.org/media-wall/news-speeches/oecd-report-shows-growth-in-counterfeiting-losses-to-global-economy/[/URL] The “epidemic” took 5 years to grow 80% to what it is now. 2.5% of the goods in worldwide trade are counterfeit. If you want that metric to be used, then there would have to be 1 million to 1.75 million counterfeit slabs (based on 40 million and 70 million genuine slabs, respectively). 300000 compromised serial numbers with 5 examples each would fit in this definition. It is not an unreasonable estimate, but without a comprehensive and complete census of all compromised serial numbers, there is no way to tell for sure. That is slightly under 350 counterfeit slabs created around the world per day for 12 years. That’s high, but not unreasonable. For comparison, if PCGS graded 2000000 coins in a year, that’s about 8000 coins per day accounting for weekends and holidays. 365 days a year would net about 5500 coins per day.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
An examination of the counterfeit slab epidemic. Scope and advice.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...