Another one to report.

Even assuming it has not been made in the USA, these have been and are still being "manufactured in the US." http://www.ebay.com/dsc/aboncom/m.html?_ipg=200&_sop=10&_rdc=1. Your "German silver" is a lot better bet than those. They have a "1971-1976 PROOF CAMEO EISENHOWER IKE SILVER DOLLAR 5-COIN SET", all graded 70 and they are only $99.00. According to PCGS they should be worth nearly $30,000. Now which is the bigger ripoff and abon does not even say they are not legitimately 70's

 

Log in or Sign up to hide this ad.

Another pet peeve of mine. Copper is NOT bullion.

Bullion is precious metals. Gold, Silver, Platinum, Rhodium etc.

Copper, Nickel, Aluminum, Zinc, Tungsten, are base metals. They are not bullion.

If you ask me "copper bullion" is a huge con, they sell for upwards of $12 a pound.

Copper is only $3.46 on the open market.

It always makes me laugh how the people who sling copper want people to "invest in copper" and they keep saying "copper is the new silver".

Well, if your buying copper for $12 a pound, your going to sit on it for a good 30 years or more before it EVEN becomes worth what you paid for it.

Copper will never be the "new silver" because Copper is a Base Metal, and Silver is a Precious Metal, it's simple as that.


Invest in Gold and Silver. Those are PRECIOUS metals, they call them PRECIOUS for a reason. They are rare.

Copper is PLENTIFUL, so is Zinc, Aluminum and Steel. It's a fool's game to invest in base metals.

Now they are selling "aluminum bullion" on eBay.

/Rant

 

And that is the problem.

Detecto, take a look through your parents house before talking about all the junk made in China. Like it or not, I am quite sure you have many things produced there, just as we all do. How about your wonderful, "better than an iphone" cell phone? Made in the USA? I think not. Of course that is the good Chinese junk and not the junk Chinese junk, right?

So you "don't think" but now you know... even though you don't know, and are doing nothing more than making an uninformed assumption. Do I understand you correctly?

 

http://www.merriam-webster.com/dictionary/bullion

Now all you have to do is rewrite the dictionaries. You are setting yourself up for a big fall.

 

Obviously enough people collect them that there's a market for them.

If the ads were deceptive and misled anyone to think they're anything but what they are, I'd agree with you. But the majority of the ads are straight forward with the item description.

Prove it.

 

+1

 

​

 

Is there someone standing behind you with a gun to your head demanding that you buy these things?
Maybe your efforts could be better directed.

 

A lot of these bars do not sell. But what are the people who buy them doing with them?

I've never seen anyone collect these, show me a person, with an ounce of education, who does, and I will retract my statement.

Again, what's the point and making and selling these? Who are you "appealing too"? No one would buy these if they actually knew what they were.

I don't have to. See for yourself. Take a look at all the counterfeit products that have popped up in just 5 years. This kind of stuff is growing at an exponential rate.

If a lid is not put on it, it just gets worse. I've seen the quality of fake goods increase sharply.

It get's harder and harder to tell the real thing from the fake.

That's because sites like eBay, who try to turn a blind eye to this type of stuff, allow people to fund the counterfeiters.

Then all the fake stuff infiltrates the US. If the quality becomes so good that you can't tell it apart, then your just funding the counterfeiters, and not the legitimate companies who produce this stuff.

You may think "oh it's no big deal", and "I should not worry about this".

But in reality, you have little to no idea how bad it's gotten. I don't think anyone on this forum has even a iota of how bad it is.

Go to yardsales, auctions, and flea markets. 10 years ago fake gold and silver was unheard of, yes it did it exist, but it's no where as common as it is now.

We need to stop this ASAP. You cannot keep covering it up and pretending it will go away. It won't. It just keeps growing.

The Chinese companies who make the plated gold/silver bars, the "nickel silver" bars, are the same ones that make the fake coins.

The only reason they sell this stuff, is to fund their counterfeiting operations. It's a facade they operate under.

You, as a person, cannot put a stop to this.

But you can tell everyone you know to stop buying these plated gold and silver bars, the german silver bars, etc.

If the word gets out, and more people know, then the less money the counterfeiters get.

That's all I'm here for. I realize I alone cannot stop this. But I can educate people, make them aware, and make sure they don't buy into this crap. You can do the same thing as well.

 

If there were no market for these, they wouldn't be manufactured.
When was the last buggy whip sold?
There are some things in life that you just have to live with.
Stop worrying about things that have no direct effect on you
or you're going to have a massive stroke before your 25th birthday.

 

Oh, yes, you do!
National Collector's Mint
8 Slater Street
Port Chester, N.Y. 10573
Last time I checked, Port Chester, N.Y. was not in China

 

US Based company, yes. But do any of their products say "Made In USA"? No.

Big surprise!

 

I also does not say "made in China" and that is what you were supposed to prove.

So now they know what the law and are closely following it. Otherwise, they would be in big trouble.

Still confused as to why you are so maniacal about a $10 trinket and totally avoiding the elephants in the room. Both Abon and the National Collector’s Mint probably do as more sales in one day as you German silver seller does in an entire year. And they also probably fraudulently collect more from each sale than German does. I also gave you some out right counterfeits being sold on eBay, but you also choose to ignore them

 

I understand how you guys are saying that it is "legal" and not counterfeit... but is it intentionally misleading? I just did a quick google search "German Silver Scam" and came up with 523,000 results.

Here is one that does include the contents of the metal but they emphasize in the title: .999 and the price is creeping closer to a more realistic 10 oz silver price.


http://www.ebay.com/itm/10-x-German-Silver-1-Troy-OZ-Buffalo-Bullion-Art-Bars-FINE-999-FREE-SHIPPING-/350544541894?pt=LH_DefaultDomain_0&hash=item519e1538c6


This might actually be something that ebay should adress.


Not sure about China.

 

Where there is a demand, there will be a supply.
Apparently there are people that want these things.
Who are any of us to deny them their wants?
If they do not know what they are buying, or wish
to take the time to learn, too bad for them.
It's not hurting my wallet any.

 

The bricks are getting harder and my head sorer. I think I will join you.

 

A simple, "I have no proof." would have sufficed.

FYI, Anhieser-Busch has "collectible" stiens made every year. Novelty items really that will never have an appreciated value at all. All made in Brazil, retail for around $20 each. Can be found for less than $10, a depreciated value of more than 50% of the original retail price. Yet, people still buy these stiens, many are hoping they will appreciate in value. Perhaps we should campaign against the manufacture of these stiens because their not a collectible, but novelty and there is false hopes they will be valuable?

 

How interesting! I post a list of admittedly unmarked counterfeit coins (http://www.cointalk.com/t210057/) and do not even see a leaf stir but bullion that is plainly stated as plated (or German silver) and everyone goes ballistic. Apparently it is more for the controversy rather than actually trying to improve the situation.

 

I didn't post on that thread about it but I did look for myself and report all those on the far right column. I see no difference between a fake coin unmarked(COPY), and these bars and the pathetic coin on TV. All are created to deceive, by the implication that they are something they are not.

I must point out, however, that on the ones I reported the description clearly said that they were reproductions. In bold. Even if the coins themselves did not.

I simply hate these pseudo-products.