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Counterfeit Morgans: hands on with a high quality Chinese fake
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<p>[QUOTE="john59, post: 2190034, member: 73760"]The counterfeiting has many problems to it. Let's say that the Chinese were bringing in fake $100 bills in the quantity that they're bringing in coins, it would be on the nightly news every night and the government would be tracking it down to a point, which they're not doing with the coins. </p><p><br /></p><p>If you look on the Chinese websites you can buy these coins from a few dollars to hundreds and it's accessible to anybody with an internet connection and a credit card. Any time you buy one off of their website you're supporting them. Look at ebay now, there's tons of counterfeits. Complain all you want to them and nothing is done. But complain about a fake Gucci bag and yes it will be removed. </p><p><br /></p><p>The technology is getting there to make the perfect counterfeit. But I really wonder if the Chinese want the perfect counterfeit. At least in mass quantities. Than you would put the collecting hobby in serious jeopardy and their profits. If it becomes well publicized people will stop coming into our hobby and how many will exit? If a perfect counterfeit comes out, in my opinion, it would drop the prices of the genuine coins.[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2190034, member: 73760"]The counterfeiting has many problems to it. Let's say that the Chinese were bringing in fake $100 bills in the quantity that they're bringing in coins, it would be on the nightly news every night and the government would be tracking it down to a point, which they're not doing with the coins. If you look on the Chinese websites you can buy these coins from a few dollars to hundreds and it's accessible to anybody with an internet connection and a credit card. Any time you buy one off of their website you're supporting them. Look at ebay now, there's tons of counterfeits. Complain all you want to them and nothing is done. But complain about a fake Gucci bag and yes it will be removed. The technology is getting there to make the perfect counterfeit. But I really wonder if the Chinese want the perfect counterfeit. At least in mass quantities. Than you would put the collecting hobby in serious jeopardy and their profits. If it becomes well publicized people will stop coming into our hobby and how many will exit? If a perfect counterfeit comes out, in my opinion, it would drop the prices of the genuine coins.[/QUOTE]
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