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<p>[QUOTE="19Lyds, post: 1279165, member: 15929"]What is being offered by the Chinese is not Silver. Silver is $30 an ounce in China just like it is here and the rest of the World.</p><p><br /></p><p>IF, the Chinese were selling 90% Silver Morgan replica coins at $2.50 tp $15.00, they'd go out of business very quickly as the coins would still be worth what a 90% Silver coin was worth. (.9 of an ounce of Silver.)</p><p><br /></p><p>IF folks are buying these pot metal coins and selling them as 90% silver then it's a problem created by the original buyer of the piece, not the seller UNLESS the seller states that it's 90% Silver.</p><p><br /></p><p>Again, it's not the Chinese that are the problem, it's the buyers that buy their products with the specific intent of reselling them as "original" coins.</p><p><br /></p><p>The term "counterfeiter" is bandied about quite frequently but a counterfeiter is one that produces a product with the intent to deceive or defraud. From what I've seen, most of the Chinese sellers accurately list their products as "replicas" which IMO is not intended to defraud.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1279165, member: 15929"]What is being offered by the Chinese is not Silver. Silver is $30 an ounce in China just like it is here and the rest of the World. IF, the Chinese were selling 90% Silver Morgan replica coins at $2.50 tp $15.00, they'd go out of business very quickly as the coins would still be worth what a 90% Silver coin was worth. (.9 of an ounce of Silver.) IF folks are buying these pot metal coins and selling them as 90% silver then it's a problem created by the original buyer of the piece, not the seller UNLESS the seller states that it's 90% Silver. Again, it's not the Chinese that are the problem, it's the buyers that buy their products with the specific intent of reselling them as "original" coins. The term "counterfeiter" is bandied about quite frequently but a counterfeiter is one that produces a product with the intent to deceive or defraud. From what I've seen, most of the Chinese sellers accurately list their products as "replicas" which IMO is not intended to defraud.[/QUOTE]
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