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<p>[QUOTE="Hobo, post: 927303, member: 11521"]These defaced dies are MUCH more to the Chinese than "just a big hunk of heavy metal". To them the defaced dies are hard-to-obtain die stock that can (and will) be used to make new dies to strike counterfeit US coins. </p><p> </p><p>Dies used by the US Mint are made of special, very hard steel known as 'die stock'. Die stock is not generally available on the open market for obvious reasons. </p><p> </p><p>The US Mint used to sell defaced dies used to strike State Quarters. This made the Chinese VERY happy because they could buy the defaced dies, grind down the ends, create new dies (usually for US coins) and strike very convincing counterfeit US coins. The US Mint no longer sells defaced dies. </p><p> </p><p>To add insult to injury, Chinese counterfeiters are not only using defaced dies from the US Mint to strike counterfeit US coins, they are striking them on coin presses that the US Mint gave to China as surplus many years ago. So the Chinese are making counterfeit US coins with materials and machinery obtained (directly or indirectly) from the US Mint.[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 927303, member: 11521"]These defaced dies are MUCH more to the Chinese than "just a big hunk of heavy metal". To them the defaced dies are hard-to-obtain die stock that can (and will) be used to make new dies to strike counterfeit US coins. Dies used by the US Mint are made of special, very hard steel known as 'die stock'. Die stock is not generally available on the open market for obvious reasons. The US Mint used to sell defaced dies used to strike State Quarters. This made the Chinese VERY happy because they could buy the defaced dies, grind down the ends, create new dies (usually for US coins) and strike very convincing counterfeit US coins. The US Mint no longer sells defaced dies. To add insult to injury, Chinese counterfeiters are not only using defaced dies from the US Mint to strike counterfeit US coins, they are striking them on coin presses that the US Mint gave to China as surplus many years ago. So the Chinese are making counterfeit US coins with materials and machinery obtained (directly or indirectly) from the US Mint.[/QUOTE]
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