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<p>[QUOTE="satootoko, post: 54682, member: 669"]Was he a real newbie at his business, or was he just shocked that the guy he tried to peddle them to was too alert for him? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Noone who has been collecting or dealing in Far Eastern crowns for more than a couple of weeks can help being aware that there are far more fakes than real ones out there. Not only are there the recent Chinese and Bulgarian forgeries, but during the heyday of such coins from the mid-19th Century to the early 20th, they were heavily counterfeited and passed off as real money.</p><p><br /></p><p>The custom of "chopmarking" such coins represents the earliest known "third party grading" of coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> Prominent merchants marked them to show that they had been inspected and found to contain the correct weight and fineness of metal. Of course, the bad guys' use of phony chopmarks led to "re-chopping", resulting in the existence of coins with 20 or more marks.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 54682, member: 669"]Was he a real newbie at his business, or was he just shocked that the guy he tried to peddle them to was too alert for him? :eek: Noone who has been collecting or dealing in Far Eastern crowns for more than a couple of weeks can help being aware that there are far more fakes than real ones out there. Not only are there the recent Chinese and Bulgarian forgeries, but during the heyday of such coins from the mid-19th Century to the early 20th, they were heavily counterfeited and passed off as real money. The custom of "chopmarking" such coins represents the earliest known "third party grading" of coins. :p Prominent merchants marked them to show that they had been inspected and found to contain the correct weight and fineness of metal. Of course, the bad guys' use of phony chopmarks led to "re-chopping", resulting in the existence of coins with 20 or more marks.[/QUOTE]
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