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<p>[QUOTE="Just Carl, post: 724001, member: 4552"]For me it's both yes and no. Although we all yell about China counterfeiting our coins, there are some good things about this. </p><p>For one thing you must all remember that not to long ago we had many counterfeited coins made right here. Most were and may well still be in collections since no one really knew it was going on. The famous 16D Dimes, the 09S VSB cents, etc. were all over the place and no one was watching. </p><p>Now with the influx of so many China fakes, TPGS's are poping up all over the place attempting to authenticate coins. Many of those old fakes made right here have now been detected due to this increase in so many from China. Many people are making money selling books, pamphlets, etc. on how to detect those fakes. Such articles may not have ever been written if not for those China fakes. Web sites too have been made about them. Many people that would have accepted any rare coin from anyone now thinks twice about that and being taken is not so easy today. </p><p>Another point is it opens a new hobby for some. Just as when Mint errors were becoming popular due to the 55 Double Die and more and more web sites were poping up about errors, also books, etc were made about them too. So now we have a new hobby of collecting fakes. Some are collecting fake coins, faked slabs, etc. </p><p>So although I too hate this massive flow of such counterfeiting of our coins, there are those that have profited from it also.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 724001, member: 4552"]For me it's both yes and no. Although we all yell about China counterfeiting our coins, there are some good things about this. For one thing you must all remember that not to long ago we had many counterfeited coins made right here. Most were and may well still be in collections since no one really knew it was going on. The famous 16D Dimes, the 09S VSB cents, etc. were all over the place and no one was watching. Now with the influx of so many China fakes, TPGS's are poping up all over the place attempting to authenticate coins. Many of those old fakes made right here have now been detected due to this increase in so many from China. Many people are making money selling books, pamphlets, etc. on how to detect those fakes. Such articles may not have ever been written if not for those China fakes. Web sites too have been made about them. Many people that would have accepted any rare coin from anyone now thinks twice about that and being taken is not so easy today. Another point is it opens a new hobby for some. Just as when Mint errors were becoming popular due to the 55 Double Die and more and more web sites were poping up about errors, also books, etc were made about them too. So now we have a new hobby of collecting fakes. Some are collecting fake coins, faked slabs, etc. So although I too hate this massive flow of such counterfeiting of our coins, there are those that have profited from it also.[/QUOTE]
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