Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Counterfeit Morgans: hands on with a high quality Chinese fake
>
Reply to Thread
Message:
<p>[QUOTE="john59, post: 2189277, member: 73760"]How would you propose to educate the majority of the collectors if you do not give up the diagnostics of a fake coin?</p><p><br /></p><p>As for the counterfeiters, there's been great counterfeits of US and WW coins even before the Chinese started to make them. The Chinese and Eastern Europeans are producing them in mass quantities. And yes they're getting better every time. I do not think forums like this one make them get better or benefit them in any way.</p><p><br /></p><p>By sharing the knowledge, you can stop collectors from buying them. It becomes very dangerous if only a select few people know if it's a counterfeit or not. Why? Because you would have to depend upon this select group to authenticate the coins. Yes, we do have this select group as it is now (grading companies) but they do not dominate the well informed collector who can tell the difference between genuine and counterfeit. Many reasons why: studying the coins and sharing the knowledge when a fake does come up.</p><p><br /></p><p>Counterfeiters will always try to get better. The same way we study coins they do the same thing. We're not talking about operations that are in someones basement. These are well financed and have skilled people doing the work. So they'll always be there. I see that the government checks for Gucci bags from China, maybe they should stop allowing coins from China coming into the US.[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2189277, member: 73760"]How would you propose to educate the majority of the collectors if you do not give up the diagnostics of a fake coin? As for the counterfeiters, there's been great counterfeits of US and WW coins even before the Chinese started to make them. The Chinese and Eastern Europeans are producing them in mass quantities. And yes they're getting better every time. I do not think forums like this one make them get better or benefit them in any way. By sharing the knowledge, you can stop collectors from buying them. It becomes very dangerous if only a select few people know if it's a counterfeit or not. Why? Because you would have to depend upon this select group to authenticate the coins. Yes, we do have this select group as it is now (grading companies) but they do not dominate the well informed collector who can tell the difference between genuine and counterfeit. Many reasons why: studying the coins and sharing the knowledge when a fake does come up. Counterfeiters will always try to get better. The same way we study coins they do the same thing. We're not talking about operations that are in someones basement. These are well financed and have skilled people doing the work. So they'll always be there. I see that the government checks for Gucci bags from China, maybe they should stop allowing coins from China coming into the US.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Counterfeit Morgans: hands on with a high quality Chinese fake
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...