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<p>[QUOTE="CheetahCats, post: 840246, member: 23874"]This thread reminded me of a recent event that occurred...</p><p><br /></p><p>I was talking to a Colonials coin dealer located on the left coast by phone about two months ago. I was interested in buying a few specimens he was selling. He seemed very knowledgeable about the subject. </p><p><br /></p><p>About 45 minutes into the conversation, he happened to mention that he was expecting a shipment of replicas to arrive any day from Hong Kong. I enquired further, and he said the shipment didn't consist of various replica varieties, but rather it consisted of all the exact same variety! He then stated that he orders shipments of replicas all the time!</p><p><br /></p><p>Needless to say, I was quite shocked. I politely closed the call very soon thereafter. Even though I was rather sure the particular specimens I was interested in were genuine, I never purchased a single item from him.</p><p><br /></p><p>Though I do not do it, I could possibly see someone obtaining one or two replica specimens of the same variety for one's black cabinet [for study & comparison purposes], but not a whole shipment! Especially of the same exact variety!</p><p><br /></p><p>Not to pass judgment, but I find my radar goes up when I hear about a dealer who specializes in niche coins, and also procures and/or sells replica niche coins. I don't think there's much of a business need to obtain them.</p><p><br /></p><p>It's too bad too, because the dude seemed like a nice guy.[/QUOTE]</p><p><br /></p>
[QUOTE="CheetahCats, post: 840246, member: 23874"]This thread reminded me of a recent event that occurred... I was talking to a Colonials coin dealer located on the left coast by phone about two months ago. I was interested in buying a few specimens he was selling. He seemed very knowledgeable about the subject. About 45 minutes into the conversation, he happened to mention that he was expecting a shipment of replicas to arrive any day from Hong Kong. I enquired further, and he said the shipment didn't consist of various replica varieties, but rather it consisted of all the exact same variety! He then stated that he orders shipments of replicas all the time! Needless to say, I was quite shocked. I politely closed the call very soon thereafter. Even though I was rather sure the particular specimens I was interested in were genuine, I never purchased a single item from him. Though I do not do it, I could possibly see someone obtaining one or two replica specimens of the same variety for one's black cabinet [for study & comparison purposes], but not a whole shipment! Especially of the same exact variety! Not to pass judgment, but I find my radar goes up when I hear about a dealer who specializes in niche coins, and also procures and/or sells replica niche coins. I don't think there's much of a business need to obtain them. It's too bad too, because the dude seemed like a nice guy.[/QUOTE]
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