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Counterfeits: I was a tattle-tale at the coin show today.
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<p>[QUOTE="rysherms, post: 1872187, member: 46631"]i remember seeing something about this recently regarding dealers licenses in CT or NY and the laws governing them. the article was about how bullion, jewelers, etc dealers have to photo ID, fingerprint, and hold for 30 days any metals brought to them. supposedly it combats junkies robbing people and flipping it quick for cash. however, the laws didnt just end there, there were penalties outlined for non-adhering, as well as penalties, benefits they currently enjoy and are losing, etc, and some of it was also about counterfeits being sold as genuine. if i remember correctly, it definitely held obligation to the dealer to verify the authenticity of any items he "puts his hands on". </p><p><br /></p><p>my prior posts were simply regurgitating the common sense factor involved in that. if you are a dealer, and this is how you feed your children, you owe it to yourself, and are responsible to the person you sell anything to, to verify the authenticity of an item. my argument is that this should already be taking place, and it is just as of recent? that the laws are holding them to it. i mean, i wouldnt buy from a dealer that i heard had passed a fake off on someone, knowingly or not. he is either to dumb to verify something (and that doesnt mean he has to be an expert on everything in existence, just that if it is in his face, he needs to research it) or shady enough to scam someone.[/QUOTE]</p><p><br /></p>
[QUOTE="rysherms, post: 1872187, member: 46631"]i remember seeing something about this recently regarding dealers licenses in CT or NY and the laws governing them. the article was about how bullion, jewelers, etc dealers have to photo ID, fingerprint, and hold for 30 days any metals brought to them. supposedly it combats junkies robbing people and flipping it quick for cash. however, the laws didnt just end there, there were penalties outlined for non-adhering, as well as penalties, benefits they currently enjoy and are losing, etc, and some of it was also about counterfeits being sold as genuine. if i remember correctly, it definitely held obligation to the dealer to verify the authenticity of any items he "puts his hands on". my prior posts were simply regurgitating the common sense factor involved in that. if you are a dealer, and this is how you feed your children, you owe it to yourself, and are responsible to the person you sell anything to, to verify the authenticity of an item. my argument is that this should already be taking place, and it is just as of recent? that the laws are holding them to it. i mean, i wouldnt buy from a dealer that i heard had passed a fake off on someone, knowingly or not. he is either to dumb to verify something (and that doesnt mean he has to be an expert on everything in existence, just that if it is in his face, he needs to research it) or shady enough to scam someone.[/QUOTE]
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Counterfeits: I was a tattle-tale at the coin show today.
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